New IDA Loan to Connect 36,000 Liberians to electricity
The World Bank Board of Executive Directors approved a new $60 million International Development Association (IDA) credit for the Government of Liberia, in West Africa. […]
Finance
Ghana: Investors are losing confidence (Opposition)
The New Patriotic Party (NPP), an opposition party in Ghana said at a fund raising program this weekend in London that investors are fast losing […]
DRC cuts budget to face oil price drop
The Democratic Republic of Congo is planning steep cuts in spending across all parts of its current 2015 budget by nearly 12 percent to compensate […]
Kenya: New campaign to stop Africa’s $50 billion a year illicit outflow
A new campaign to stop Africa from ‘bleeding’ was launched on Thursday in Nairobi by the Tax Justice Network-Africa (TJN-A), a coalition of researchers and […]
Côte d’Ivoire seeks partners to take over Versus Bank
The spokesman for the Government of Côte d’Ivoire has announced in a statement that the government plans to issue an international call for tenders as […]
Togo: Famers to get 600 tons of improved seeds free of cost
The next crop season looks promising for Togo’s farmers. The Ministry of Agriculture, Livestock and Fisheries has announced on June 24 that six hundred tons […]
Nigeria: The central bank increases foreign-currency curbs
The central Bank of Nigeria (CBN) has curbed access to the interbank currency market for the purchase of foreign currency bonds as well as a […]
Djibouti: Shanghai Electric to construct first wind farm
Shanghai Electric won a contract for the construction of Djibouti’s first wind power farm. Djibouti’s Energy Minister in charge of Natural Resources Ali Yacoub Mahmoud […]
Atlas Mara Ltd. to Buy Finance Bank Zambia
Atlas Mara Ltd. is in talks to buy the troubled Finance Bank of Zambia Limited (FBZL) from its majority shareholder, Rajan Mahtani, according to a […]
Nigeria’s Central Bank approves initial N152bn release in real sector facility
The Central Bank of Nigeria (CBN) has approved an initial N152 billion loan under its newly set up N300 billion Real Sector Support Fund (RSSF) […]