Angola cuts budget by 50% as oil prices fall
The government of Angola, sub-Saharan Africa’s second-largest crude producer, cut spending by half this year following a plunge in oil prices. Vice President Manuel Vicente […]
China
Syria: Putin and Obama disagree on Assad, Chinese forces arrive in Syria
Syria was a key issue in Presidents Obama and Putin speeches at the ongoing 70th U.N General Assembly but their priorities in the war-torn country […]
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 […]
Ethiopia inaugurates first modern light rail line in sub-Saharan Africa
The first modern light rail line in Sub-Saharan Africa constructed by the China Railway Group (CREC) was inaugurated on September 20 in Ethiopia, when passenger […]
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 […]
Guinea: China to build $2 bln hydropower dam
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 […]
Senegal launches plan work to decongest capital city
The government of Senegal is laying the groundwork for a new city close to Diamniadio town. This plan was established to decongest the country’s capital […]
Zimbabwe: Mugabe delivers wrong speech to MPs, opposition questions his mental health
Zimbabwe’s President Robert Mugabe read out the wrong speech at the opening session of parliament on Tuesday, apparently unaware that he was delivering the same […]
Tanzania: new talks for $800 Mln loan to strengthen currency
The Tanzanian Minister of Finance said on Wednesday that his country will resume discussions for the $800 million loan from international lenders after abandoning an […]
Zambia: Lower economic growth foreseen as copper earnings drop
Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]