Fitch, S&P Affirm South Africa’s Sovereign Credit Ratings
The South African government this week admitted that critical structural reforms that will boost economic growth are underway in the country’s major economic sectors. It...
Category : Africa
Tanzania’s GDP expands by 32 pct after rebasing – officials
Tanzania’s gross domestic product has expanded by 32 percent after the state rebased its calculation to incorporate new sectors in the economy, including big discoveries...
Kenyan shares hit new four-month low, shilling stable
Kenyan shares fell for the ninth consecutive day on Friday, with East African Breweries among the losers due to profit-taking. The shilling held steady. The...
One million people in West Africa are stateless – UNHCR
Statistics released by the United Nations Human Rights for Refugees (UNHCR) indicates that about one million people living in West Africa are Stateless. According to...
Ethiopia to build 3 new airports at a cost of US$ 64.5m
The Ethiopian Airports Enterprise (EAE) is planning to construct three new airports in Ethiopia. The project is expected to cost US$ 64.5m. A contract of...
Sale Of Nigeria’s Flagship Telco Approved
The National Council on Privatisation (NCP), a body that oversees privatization programmes such as the power privatization last October, has authorised the sale of the...
EU withholds £135m budget support to Ghana over payroll malfeasance
The European Union is withholding a £135 million budget support to Ghana due to an alleged payroll corruption scandal it is investigating. According to British...
Ghana, Kenya sign seven agreements
Ghana and Kenya have signed seven agreements to strengthen the bonds of friendship and co-operation between them. The signing ceremony was witnessed by President John...
President Mahama in Abuja to chair ECOWAS Summit
Abuja, Nigeria – 14 December, 2014: President John Dramani Mahama has arrived in the Nigerian federal capital to chair an end-of-year Summit of the Economic...
South African Medical Student Crowned Miss World
South African medical student, Rolene Strauss, has been crowned this year’s Miss World, making her the 64th person to wear the crown. The event was...