ECONOMICS
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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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Africa : Trade among ECOWAS member states stands at only 12%
The Economic Community of West African States (ECOWAS) makes moves to advance the components of its trade liberalization scheme to…
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Ghana’s exports to South Africa hits 546 million dollars in 2023
Ghanaian President Nana Akufo-Addo, on a working visit to South Africa on 12 March 2024, met South African President Cyril…
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Tanzania’s 2023 gold, tourism revenues hits 3 billion dollars
Tanzania welcomed 1.8 million tourists, surpassing the pre-COVID-19 record high of 1.5 million arrivals by 37.2 percent. Gold exports also…
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Senegal : 398 billion CFA Francs to combat water scarcity
On March 05, 2024, Senegal’s Prime Minister Amadou BA chaired an inter ministerial council meeting on surface water mobilization and…
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