Burkina Faso MPs agree to cut 1,200 irregular civil service salaries
The government of Burkina Faso announced Saturday it will cease paying over 1,200 civil service salaries to battle alleged payroll fraud. The government said salaries […]
Finance
Zimbambwe: China to build $1.1bn thermal power plant
Zimbambwe signed on Thursday a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant by 2019 […]
Zambia to issue $2 bln 10-year Eurobond
Zambian government plans to issue a 10-year Eurobond which could reach up to $2 billion to be mainly used to fund its budget deficit that […]
Ghana to issue $1.5 bln Eurobond by September
Ghana wants to issue a Eurobond of up to $1.5 billion by September for debt financing and budget support, deputy finance minister Cassiel Ato Forson […]
Côte d’Ivoire: AfDB approved $109 million loan to Sucden
The African Development Bank (AfDB) has approved a $109 million loan to Sucden’s Ivorian branch for cocoa investment, a company official said on Wednesday. “We […]
CNPC “blocks” fuel exports from Niger’s Soraz oil refinery
The National Petroleum Corporation (CNPC) has blocked fuel exports from Niger’s Soraz oil refinery, a union official said on Wednesday. Boukar Elemi, a spokesman for […]
Madagascar to pass long-delayed mining and petroleum bills in October
Madagascar’s Minister for Mines & Petroleum Joeli Valerien Lalaharisaina has declared Madagascar ready to do business with the international community and is currently in the […]
Energy: Egypt signs deals with Russia’s Rosneft
Egypt’s government signed on Tuesday two initial deals with Russia’s top oil producer Rosneft to import petroleum products and LNG cargoes. Rosneft Chairman of the […]
IMF expects Namibia economy to grow by 5% in 2015
As global economic conditions remain weak with no clear signs of a significant recovery expected soon, the Namibian economy remains relatively resilient, while inflation remains […]
Seychelles: Inflation at 4.3 pct in June, Tourism Board forecasts 5% growth
Seychelles’ inflation rose to 4.3 percent year-on-year in June from 4.0 percent a month earlier, official data showed on Wednesday. Month-on-month inflation stood at 0.5 […]