Archive for Category: "Economy"
Cameroun: Le cacao au centre des réflexions entre les professionnels
Le Conseil international du cacao, instance suprême de l’Organisation internationale du cacao se réunit depuis le 22 mars à Yaoundé Les assises de Yaoundé, les premières en Afrique depuis la création de l’Organisation internationale du cacao en 1973 seront l’occasion de discussions sur un nouvel accord en négociation, et la désignation d’un nouveau Directeur exécutif [...]
IMF says Zimbabwe funds subject to arrears clearance
International Monetary Fund financing to Zimbabwe remained subject to the clearing of arrears and further reforms in the fragile economy, the Fund said on Tuesday.
Paris Club agrees Congo Republic debt relief
The Paris Club of sovereign creditors and Brazil have agreed to cancel all of the debt owed to them by Congo Republic, in a deal worth around $2.4 billion, they said in a statement on Thursday.
Nigeria approves $1 bln disbursal from oil savings
Nigeria’s Acting President Goodluck Jonathan on Friday approved the disbursal of a further $1 billion from the country’s windfall oil savings, leaving about $4.1 billion in the account, government officials said.
S.Africa says W.Bank loan free of economic conditions
A $3.75 billion loan sought by South Africa from the World Bank would not have any macroeconomic conditions attached,
S.Africa’s MTN seeks to add 20 mln new users in 2010
MTN, Africa’s biggest mobile operator by subscribers, aims to add 20 million new users in 2010 after 2009 earnings were depressed by currency movements despite strong growth in key markets Nigeria and Iran.
Victoria Oil signs 14 Cameroon gas offtake deals
Victoria Oil and Gas has signed offtake agreements with 14 Cameroonian firms for gas from its Logbaba project, due to begin production later this year, a company official told Reuters on Friday.
S.Africa’s rand edges up, stocks seen up
South Africa’s rand edged higher in early trade on Monday, buoyed by stronger gold prices and as rising global shares pointed to renewed investor appetite for risk, which should also help lift local stocks.
IMF restores Zimbabwe voting rights
International Monetary Fund member countries agreed unanimously on Friday to restore Zimbabwe’s voting rights after a seven-year suspension, a step toward normalizing relations with major donors.
Le Gabon confirme l’interdiction d’export de bois en grumes
Le Premier ministre gabonais, Paul Biyoghé Mba, a confirmé l’interdiction d’exporter le bois en grumes, tout en promettant des mesures d’accompagnement lors d’un forum sur la gestion forestière lundi à Libreville.
La Banque africaine de développement s’installe à Alger
Dans le cadre d’une politique de décentralisation, la BAD, Banque africaine de développement, ouvre des bureaux à Alger.
Kenya, Anadarko sign oil exploration deal: paper
- Kenya and Anadarko Petroleum Corp have signed an oil and gas exploration agreement for five offshore blocks in the east African nation’s Lamu Basin, a newspaper said on Saturday.
Kenya Airways cargo volume up 9 pct in Oct -Dec
Kenya Airways said on Friday its cargo business grew by 9 percent and the number of passengers shuttled within Africa rose by a similar
Shell va vendre une partie de ses actifs au Nigeria à un consortium
Le géant pétrolier anglo-néerlandais Shell a annoncé vendredi qu’il allait vendre une partie de ses actifs au Nigeria à un consortium mené par des groupes locaux, et dont est également membre le groupe français Maurel & Prom, pour un prix non précisé.
Zimbabwe’s PM asks investors, donors to return
Zimbabwe’s Prime Minister Morgan Tsvangirai said he believed the process that led to creation of a unity government last February is irreversible






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