ECONOMICS
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Zambia : Suspension of tax on maize imports
Severely affected by drought, Zambia suspended taxes on imports of maize, the country’s main food crop, on 8 May 2024.…
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Angola : Euros 381.5 million funding for road projects
With membership of 43 countries and a total investment of USD 13 billion across Africa, the Africa Finance Corporation(AFC) in…
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Tanzania : USD 5.7 billion surge in Investments between 2023 and 2024
Tanzania is experiencing a boost in investment as the country records a USD 5.7 billion increase in investment between the…
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USD 250 million lithium investment in Nigeria
Nigeria has joined the league of countries on the global map of lithium ore processing as president Bola Tinubu inaugurates…
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Zimbabwe : entry into circulation of new currency
The economic news in Zimbabwe is marked by the introduction of new banknotes and coins. The highest denomination note in…
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Central African Republic : 200 billions to be raised from investors
Hervé Ndoba, Central African Minister of Finance and Budget, was in Douala on Tuesday April 9, 2024 at the head…
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CFAF 10,950 billion in AfDB commitments in the CEMAC region
The Central Africa regional office of the African Development Bank Group has acquired a new office in Yaoundé, Cameroon. A…
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Africa : Kenya and Guinea Bissau revamp trade ties
Kenya and Guinea-Bissau, on 6th April 2024, revamped trade ties to boost economic growth and development between the two countries.…
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Africa : 25 billion dollars pipeline to be realized by December 2024
The final investment decision (FID) on the planned USD 25 billion Nigeria-Morocco pipeline linking North and West Africa is envisaged…
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Zambia : 3.5 billion in Eurobonds signed with private creditors
An agreement in principle to restructure $3.5 billion of Zambia's debt has been reached with private creditors. This agreement, according…
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