Archive for Category: "Economy"
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.
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’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.
A $3.75 billion loan sought by South Africa from the World Bank would not have any macroeconomic conditions attached,
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 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.
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.
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 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.
Dans le cadre d’une politique de décentralisation, la BAD, Banque africaine de développement, ouvre des bureaux à Alger.
- 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 said on Friday its cargo business grew by 9 percent and the number of passengers shuttled within Africa rose by a similar
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 Prime Minister Morgan Tsvangirai said he believed the process that led to creation of a unity government last February is irreversible
Il n’est pas aisé d’avoir de l’eau potable au Cameroun. Selon les estimations du ministère en charge de l’Energie et de l’eau (MINEE) dans le pays, à peine 40% de la population camerounaise a accès à l’eau potable.