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Mali: Weakening manufacturing output to slow economy to 4.9 %

September 17, 2015 Geraldine Boechat 0

Mali’s economic growth is set to slow this year to 4.9 percent, because of weakening manufacturing output, despite a strong harvest, the International Monetary Fund […]

Guinea: China to build $2 bln hydropower dam

September 16, 2015 Steven Addamah 0

Guinea is in talks with China International Water & Electric Corp. to build a $2 billion hydropower dam that would boost the West African country’s […]

Namibia: 30 people guilty of high treason over 1999 secession attempt

September 15, 2015 Khalid Al Mouahidi 0

A Namibian court, on Monday, found 30 people guilty of high treason after a failed 1999 secession attempt, marking the end of a marathon case. […]

Algeria: President replaces the long-standing intelligence chief

September 14, 2015 Khalid Al Mouahidi 0

Algerian President Abdelaziz Bouteflika on Sunday replaced the head of the Intelligence and Security Department (DRS) Mohamed Mediene after more than two decades in office. […]

Gabon: Opposition politician accepts top cabinet post rejected by his leader

September 14, 2015 Steven Addamah 0

Gabon’s president Ali Bongo installed a new opposition figure to a senior ministerial post Sunday, three days after Jean de Dieu Moukagni Iwangou, a leader […]

DRC: Glencore starts talks with Gov’t on Katanga mine

September 11, 2015 Khalid Al Mouahidi 0

Mining and trading company Glencore held talks with Congolese officials in Kinshasa about the company’s plans to suspend operations at one of the country’s biggest […]

Tunisia: IMF’s Lagarde ends visit, major reforms promised

September 10, 2015 Khalid Al Mouahidi 0

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, at the end of a two-day visit to Tunisia on Wednesday, said she had […]

Zimbabwe: IMF forecasts lower growth after exports dropped

September 9, 2015 Geraldine Boechat 0

The International Monetary Fund (IMF) on Wednesday lowered Zimbabwe’s growth forecast for this year to 1.5 percent from 2.8 percent, blaming lower commodity exports of […]

Smile Telecom to expand African wireless with $365 mln

September 8, 2015 Steven Addamah 0

Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]