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Finance

Rwanda: Economy Grew by 6.9% in 2015

March 17, 2016 Steven Addamah 0

Rwandan statistics office on Thursday said the country’s economy grew by 6.9 percent last year, slightly less than the 7.0 percent growth recorded in 2014. […]

Nigeria’s Buhari Visits Malabo

March 15, 2016 Khalid Al Mouahidi 0

Nigerian president Muhammadu Buhari led a national security team to visit President Obiang Nguema Mbasogo of Equatorial Guinea, in view of reaching a final agreement […]

Egypt: Central Bank seeks compromise with Chamber of Commerce

March 14, 2016 Khalid Al Mouahidi 0

Crisis surrounding the Egyptian pound is increasing and calls for the devaluation of the currency is getting louder as businessmen struggle to obtain foreign currency […]

Zimbabwe: $10bn Compensation for Evicted White Farmers Considered

March 12, 2016 Khalid Al Mouahidi 0

Zimbabwe’s Finance Minister on Friday said the government plans to compensate white farmers for land seized and has begun evaluating the properties. Farmers may be […]

US lifts sanctions on Sudanese cement company after 14 years

March 11, 2016 Steven Addamah 0

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday removed a Sudanese private cement factory from a blacklist of firms […]

Nigeria Removes 24,000 Ghost Workers from State Payroll

February 29, 2016 Steven Addamah 0

Nigeria’s anti-corruption audit ordered by President Muhammadu Buhari has revealed that nearly 24,000 civil servants on the government payroll do not exist. Local media reported […]

Tunisia Starts Talks with IMF

February 19, 2016 Khalid Al Mouahidi 0

Tunisia began talks with IMF on Thursday over a new credit program to strengthen its economy hit by collapsing tourism revenues, unemployment, militancy and social […]

Nigeria: Gov’t to chase 23,000 ghosts on payroll

February 12, 2016 Steven Addamah 0

Nigerian Minister of Finance, Kemi Adeosun on Thursday said 23,000 ghost workers unraveled in the Federal Civil Service in the West-African nation would be handed […]

Burundi: Tax Revenues Fall by 17% in Chaotic Country

February 10, 2016 Steven Addamah 0

Tax revenues in Burundi have fallen by 17 percent, the country’s Revenue Authority said on Wednesday. Over the past months, Burundi has been facing the […]

Chad gets loan for road renovation

February 9, 2016 Steven Addamah 0

The Development Bank of Central African States (BDEAC) has provided an accumulative two term loans of 50 billion Cfa francs to the landlocked Chad. The […]

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