Tourism: Tunisia expects to lose over $500 Mln after Sousse’s attack
The tourism sector of Tunisia expects to lose at least $515 million this year following last Friday’s attack on a Tunisian beach in Sousse, in […]
Finance
Angola’s central bank raises key interest rate
Angola’s central bank raised its benchmark Basic Interest Rate by 50 basis points to 9.75 percent, citing accelerating inflation but a slight deceleration in credit […]
Uganda’s inflation unchanged at 4.9 pct (State agency)
Uganda’s inflation has remained unchanged at 4.9 percent year-on-year in June, thanks to a decrease in food prices, the statistics office said on Tuesday. According […]
Congo: IMF critics Glencore Unit copper license
Gecamines, the Democratic Republic of Congo’s state-owned mining company, with a local partner sold a mining concession to Glencore Plc’s Mutanda copper and cobalt venture […]
Tanzania: Depleting water reserves to impact irrigated farming
Tanzania’s government plans to increase irrigated farming and the country’s high susceptibility to drought has resulted in low water reserves at two hydropower facilities, prompting […]
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. […]
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 […]