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. . .
31/10 Ivory Coast is on track for a
record cocoa harvest in the 2018/19 season of 2.2 million
tonnes, up from about 2 million tonnes last season, due to
favourable weather and new plantations, farmers,. . .
31/10 Kenya will make a final decision on the amount of foreign borrowing in its 2018/19 (July-June) fiscal year after it has studied conditions in global financial markets, the finance minister told. . .
30/10 Seychelles has raised $15 million by offering the world's first blue bond, raised from investors to finance ocean-based projects, to expand its marine protected areas and boost its fisheries sector.. . .
29/10 Zimbabwe's budget deficit will more than double to 11.1 percent of gross domestic product this year from an initial forecast of 5 percent due to runaway government spending, a senior treasury. . .
24/10 Namibia's economy will contract 0.2 percent this year, down from a forecast of 1 percent growth in July, due to a weak performance in the manufacturing and construction sectors, Finance Minister. . .
24/10 Kenya's risk of defaulting on debt repayments has increased to moderate from low, the International Monetary Fund (IMF) has said, citing the government's public investment drive and revenue shortfalls in recent. . .
22/10 Maroc Telecom, Morocco's largest telecoms operator, on Monday reported a 7 percent rise in unadjusted third-quarter profit attributable to shareholders compared to the same period last year.. . .
21/10 Nigerian trade unions may resume a
nationwide strike if the government fails to publicly agree to a
proposed increase in the minimum wage and to set about putting
it into law, three union federations. . .
19/10 Panafrican banking group Oragroup plans to raise 56.92 billion CFA francs ($101 million) via the largest ever initial public offering (IPO) on the Abidjan Stock Exchange (BRVM), the company said on. . .
18/10 Nigeria's state oil firm NNPC has
extended its crude-for-product swap contracts, the country's
main avenue to meet the bulk of its fuel needs, until June
2019, sources familiar with the matter said.. . .
15/10 Sixty people were killed after a
fire broke out on Friday on an oil pipeline in the southeast of
Nigeria, a spokesman for the National Emergency Management
Agency (NEMA) said on Monday, up from. . .
14/10 C ongolese migrants and officials said dozens of
people were killed this month in neighbouring Angola in a
crackdown on artisanal diamond mining, an accusation Angolan
security forces strongly denied.. . .
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