Nigeria: Central Bank to retain forex controls amid slow growth
Nigeria’s central bank plans to retain foreign currency controls because of concerns about slowing growth rate, a senior bank official said on Wednesday as Africa’s […]
Africa
Côte d’Ivoire: GDP to grow by 8.4 % in next two years
The International Monetary Fund projected on Friday that the economy of Côte d’Ivoire will grow by 8.4 percent while inflation is expected to remain moderate […]
Zambia: gov’t okays Glencore’s job cuts, but wants due process followed
Zambian President Edgar Lungu is “open” to job cuts at Glencore Plc’s local unit as the company faces low copper prices and rising costs, his […]
Congo: Sassou Nguesso holds referendum on third term bid
Congo Brazzaville’s President Denis Sassou Nguesso on Tuesday announced a referendum on Constitutional amendments that could allow him to run for a third term in […]
Angola: Top African beverage can producer targets 100% market share
The Johannesburg-based Nampak Ltd., Africa’s largest maker of beverage cans, said it’s considering an expansion to a drinks container plant in Angola as part of […]
France-Morocco: Shared Resolve to Bolster an Exceptional Partnership
Morocco’s King Mohammed VI and his guest, President Francois Hollande of France, have both voiced their shared resolve to give a new momentum to their […]
Burkina Faso: Ecowas mediators announce deal to end post-putsch crisis
Africa’s regional mediators said they negotiated a draft deal on Sunday to end the post-putsch crisis in Burkina Faso after they had failed to secure […]
Zambia to export power in a year
Zambia’s government is taking measures to ease power shortages and the southern African nation will be a net exporter of electricity within 12 to 13 […]
DRC: Glencore starts talks with Gov’t on Katanga mine
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 […]
EU to curb African migration with €1.8 Bln fund
The European Commission head Jean-Claude Juncker said on Wednesday that the European Union (EU) is setting up a €1.8 billion trust fund to help curb […]