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Economy

Zimbabwe: Mugabe delivers wrong speech to MPs, opposition questions his mental health

September 16, 2015 Geraldine Boechat 0

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 […]

Liberia-IMF: “Stay the course to improve economy,” Lagarde

September 11, 2015 Steven Addamah 0

IMF Managing Director Christine Lagarde arrived in Liberia Thursday to celebrate the resilience of the Liberian people and the leadership of President Johnson Sirleaf in […]

Nigeria to fight oil theft with drones – NNPC boss

September 3, 2015 Khalid Al Mouahidi 0

Nigeria’s state oil company NNPC is set to deploy drones to check the movements of ships in the country’s waters in a bid to free […]

Ghana: IMF to release second tranche of bailout

September 1, 2015 Khalid Al Mouahidi 0

The International Monetary Fund’s board on Monday approved a second disbursement of $114 million for Ghana to help it repay debt and stabilize the nation’s […]

Algeria scales up oil output by 32,000 bpd, officials

August 4, 2015 Khalid Al Mouahidi 0

The Algerian ministry of energy announced Sunday its crude oil production has increased by 32,000 bpd after the start of two other oil fields. Algeria, […]

Somalia’s imports must grow by 25% – IMF

July 31, 2015 Geraldine Boechat 0

The International Monetary Fund said on Thursday that Somalia’s imports must grow by about a quarter over the next three years to support a recovering […]

Tunisia suffers Tourism exodus as Britain and others recall citizens

July 11, 2015 Khalid Al Mouahidi 0

European holiday makers are leaving Tunisia in droves after their governments warned of imminent attacks on tourists and touristic sites. Authorities in Tunisia are bothered […]

WB provides Angola $650 million to stabilize its economy

July 3, 2015 Geraldine Boechat 0

The World Bank agreed to give Angola $650 million in financial support to help stabilize an economy that’s reeling from a plunge in oil prices. […]

UN: “There is no way that Zimbabwe could introduce the local currency”

July 1, 2015 Khalid Al Mouahidi 0

The United Nations says Zimbabwe is unlikely to have its own currency in the next five years, after it dumped its inflationary ravaged dollar in […]

Ghana: Investors are losing confidence (Opposition)

June 29, 2015 Khalid Al Mouahidi 0

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 […]

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
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