ECONOMICS
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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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Zimbabwe Currency Falls Past 20,000 Per Dollar
Zimbabwe Lets Currency Free-Fall while it weighs gold standard. The southern African nation, which has suffered from hyperinflation, with currency…
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Commercial Bank of Ethiopia loses USD 42 million
A group of customers, including students, recently took advantage of a technical incident to steal over 40 million USD from…
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South Africa : USD 22.7 billion from gold mining in 2023
In South Africa, the government’s minerals and metals processing strategy is beginning to take shape thanks to its policy of…
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1.2 million dollars to fund Nigeria’s non-oil exports
Nigeria had relinquished its leading position in the agriculture export market because a lot of its agricultural commodities do not…
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