16h33 Kenya's finance ministry has sought proposals from banks and firms to provide lead manager services for the issuance of a new Eurobond, it said on Wednesday, confirming an earlier source-based report by Reuters.
18/01 Economic growth in Guinea-Bissau
slumped to 3.8 percent last year from an average of about 6
percent in the previous three years, due largely to a 25 percent
drop in cashew exports, the International. . .
17/01 Africa's anticipated healthy
annual economic growth of about 4 percent in coming years will
still be too slow to create enough jobs for its fast-expanding
labour force, a regional loan body said on Thursday.. . .
17/01 Sudan must implement radical
reforms or seek a bailout from friendly nations to pull its
economy out of the downward spiral that helped trigger the
nationwide protests now rocking the country, economists and
bankers say.. . .
17/01 Rail, bus and air traffic stopped
in Tunisia and street protests drew thousands on Thursday as the
huge UGTT union staged a one-day nationwide strike to challenge
the government's refusal to raise the salaries. . .
17/01 Zimbabwe's inflation hit a fresh 10-year high of 42.09 percent year-on-year in December, from 31.01 percent in November, driven by increases in the price of basic goods, the statistical agency Zimstats. . .
16/01 Tunisia's state-owned airline Tunisair expects major disruptions to its flights schedule on Thursday due to a planned nationwide strike and urged customers to change bookings, it said on Wednesday.. . .
03/01 Libya's oil exports have been
suspended as bad weather conditions forced the OPEC country to
shut all its export terminals, a local shipping agent and a
Libyan oil source told Reuters on Thursday.. . .
02/01 Nigeria's crude oil production rose to 2.09 million barrels a day in 2018 compared with 1.86 million bpd the year before, the state oil company, the Nigerian National Petroleum Corporation (NNPC),. . .
28/12 Tanzania's government
plans to sell around 150,000 tonnes of surplus cashew nuts to
private buyers as factories will be unable to process all the
stock bought up by government from farmers, its agriculture
minister said.. . .
19/12 Nigeria's President Muhammadu
Buhari presented an 8.83 trillion naira ($28.80 billion) budget
for 2019 on Wednesday, laying out plans to drive growth to a
raucous parliament that highlighted divisions two months before
an election.. . .
19/12 Nigerian President Muhammadu Buhari presented a 8.83 trillion naira ($28.80 billion) budget for 2019 to parliament on Wednesday, and laid out a plan to drive growth two months before elections.. . .
16/12 China's pork prices are likely
to climb in 2019 due to tight supply caused by the further
spread of African swine fever, an official at the National
Development and Reform Commission said in remarks. . .
14/12 Nigeria's President Muhammadu
Buhari said the country's economy was in "bad shape", the
governor of a northwestern state told reporters on Friday after
a meeting with governors from across the country.. . .
13/12 The Nigerian telecoms regulator
said on Thursday that an $8.1 billion dispute between South
African telecoms group MTN and the Nigerian central
bank "is being resolved and very soon it will be over.". . .
11/12 Mining companies in Zambia may lay off more than 21,000 workers due to reduced capital expenditure over the next three years if the government introduces higher taxes in January, an industry. . .
10/12 Kenya's Consolidated Bank said on Monday it was seeking an investor, either foreign or local, to inject 3.5 billion Kenyan shillings ($34.21 million) as part of its balance sheet reorganisation.. . .
07/12 Ivory Coast has revoked the licences of two cocoa exporters which relinquished their contracts after they were denied bank financing, two sources at the country's cocoa marketing board CCC said on. . .
04/12 Zimbabwean doctors at public hospitals went on strike on Monday for the second time this year to demand better pay and conditions, a union official said, as President Emmerson Mnangagwa's government. . .
02/12 The International Monetary Fund (IMF) board has approved a new $172 million loan programme for Sierra Leone to help the West African country combat rising inflation and lacklustre economic growth.. . .
29/11 The World Bank expects Nigeria's economy to grow slightly less than 2 percent this year, largely driven by the non-oil industry and services sectors, as the approach of elections keeps foreign. . .
16/11 Kenya's central bank has upheld the fines it imposed in September against five top commercial lenders for a failure to report suspicious transactions in connection with the theft of funds at. . .
12/11 Zimbabwe has invited bids for the state-owned airline as President Emmerson Mnangagwa's government pushes ahead with a drive to privatise and end state funding to loss-making firms, Air Zimbabwe's administrator said. . .
10/11 The International Monetary Fund (IMF) projects that Namibia’s GDP will contract in 2018, pushing out its forecast for growth to next year when it sees support from strong mining production and. . .
09/11 Catalyst Principal Partners, a Kenyan private equity firm, has raised $155 million in its second round of funding, securing capital from local pension funds and international investors, it said on Friday.. . .
08/11 Zimbabwe wants to reduce its budget deficit to 4 percent of gross domestic product in 2019, down from an 11.1 percent forecast this year through various expenditure cuts, Finance Minister Mthuli. . .
08/11 Econet Wireless Zimbabwe will split off and separately list its financial and insurance businesses on the Zimbabwe Stock Exchange if shareholders approve the plan later this month, the company said on. . .
05/11 Morocco's unemployment rate dropped
to 10 percent at the end of September, down from 10.6 percent a
year earlier, the planning agency said on Monday citing a growth
in jobs created in the services. . .
01/11 President Emmerson Mnangagwa will retain John Mangudya for a second term as governor of the Reserve Bank of Zimbabwe, a state-owned newspaper reported on Thursday.. . .
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