Archive for Category: "Economy"

Nigeria naira closes up 1.26 pct

Nigeria naira closes up 1.26 pct

Nigeria’s naira gained 1.26 percent against the dollar on Friday on the back of intervention by the central bank and

World Bank lends $200 mln to Nigeria phone firm

World Bank lends $200 mln to Nigeria phone firm

The World Bank’s private sector arm has lent $200 million to Nigerian phone tower company IHS to

Nigerian naira falls further

Nigerian naira falls further

Nigeria’s naira fell 2.5 percent on Friday, despite central bank intervention, and it briefly touched a record low

Mauritius Commercial Bank Group profit

Mauritius Commercial Bank Group profit

Mauritius Commercial Bank Group’s (MCB) pretax profit rose 6.7 percent to 1.668 billion Mauritius rupees

Tanzania’s economy grows in 2014

Tanzania’s economy grows in 2014

Tanzania, a nation of 45 million people, is aiming to become a middle-income economy.

Coffee sold in Kenyan rises in 2013/14

Coffee sold in Kenyan rises in 2013/14

The value of coffee sold at Kenya’s auction climbed 37 percent to $174.1 million in the year to September, helped by higher global prices and better quality crops,

China sign with Tanzania investment deals worth $1.7 billion

China sign with Tanzania investment deals worth $1.7 billion

Tanzania and China have signed investment deals worth more than $1.7 billion, including one to build a satellite city

Kenyan judge halts major east African rail project

Kenya’s High Court halted work on a major rail line between Mombasa and Nairobi on Thursday, threatening

South African shares drift lower, MTN weighs

South African shares drift lower, MTN weighs

South African shares ended in the red on Thursday dragged lower by mining companies and telecommunications operator MTN, which surprised investors with news it was struggling to sign on new subscribers in Nigeria. MTN was the biggest decliner on the blue-chip index having slipped more than 4 percent after slashing its full-year forecast for Nigerian [...]

Tchad: risque de pénurie d’hydrocarbures

Tchad: risque de pénurie d’hydrocarbures

Selon une correspondance de la Société de Raffinage de N’Djaména (SRN), la performance des équipements de la raffinerie

Zimbabwe: accords économiques avec la Russie

Zimbabwe: accords économiques avec la Russie

La Russie et le Zimbabwe ont signé mardi un accord intergouvernemental

Mali has signed accords with China for projects

Mali has signed accords with China for projects

Mali has signed a string of agreements with China totalling about $11 billion, most of it intended to finance two

Cameroun: AES-SONEL devient « ENEO CAMEROON S.A. »

Cameroun: AES-SONEL devient « ENEO CAMEROON S.A. »

La société d’électricité du Cameroun, AES-SONEL, devient ENEO CAMEROON S.A.

China says to help Zimbabwe

China says to help Zimbabwe

The ambassador of China to Harare said on Thursday China will help Zimbabwe build special economic zones

South Africa’s MTN in Nigeria mobile tower

South Africa’s MTN in Nigeria mobile tower

South Africa’s MTN has agreed to form a joint venture with specialist tower company IHS