China to Cancel Zimbabwe’s $40 Million Debt
22/12/2015The Finance Minister of the Southern African countries Patrick Chinamasa, has stated that China is set to cancel about $40 million worth of Zimbabwe’s debt due to mature this year,.
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ETHIOPIA PLANS 950 MW ELECTRIC POWER FROM SUGAR DEV’T PROJECTS
21/12/2015Ethiopian Sugar Corporation has plans to produce 950 megawatts of electric power from its sugar development projects by the end of GTP II peroid.Corporate Communication Directorate Director of the Corporation,.
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RWANDANS APPROVE EXTENSION OF PRESIDENTIAL TERM LIMITS
21/12/2015Rwanda’s National Electoral Commission has recently declared that Rwandans voted overwhelmingly to support changes to the constitution that would allow President Paul Kagame to extend his term in office. Kagame,.
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CFAO OPENS FIRST AFRICAN MALL IN IVORY COAST
21/12/2015As part of a major drive to tap into the growth of Africa’s middle classes, French distribution group Comptoir Francais de l’Afrique de l’Ouest (CFAO), has recently opened its first.
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NIGERIA: NNPC TO AWARD NEW CRUDE-FOR-PRODUCT SWAP DEAL TO FOUR REFINERS
21/12/2015Nigerian state oil firm NNPC has recently said that it will award new crude for oil products swap agreements to leading refiners Total, Varo Energy, Cepsa and ENI. According to.
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Market Development Programme in the Niger Delta, MADE
18/12/2015Market Development Programme in the Niger Delta, MADE, a UK Department for International Development Funded programme, is leading one of the most ambitious integration in the Niger Delta of Nigeria.
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BIG SCORE: ETHIOPIA ACHIEVES MDG GOAL 7 TARGET C FOR PROVIDING SAFE WATER
18/12/2015Ethiopia has achieved the Millennium Development Goal (MDG) 7 target C for halving the number of people without access to safe water by 2015.Speaking at the 7th WASH multi-stakeholder forum.
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SOUTH AFRICA’S TREASURY PROPOSES LOWER EXCISE DUTY FOR BRANDY
18/12/2015South Africa’s Treasury has recently proposed a 10 percent cut in excise duties on brandy, saying the alcoholic spirit was at a cost disadvantage to competitors due to stringent regulations.
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ZIMBABWE: FEMALE LEGISLATORS CALL FOR GOVT FUNDING OF WOMEN’S BANK
18/12/2015Female legislators in the Zimbabwe National Assembly have recently urged the government to expedite the operation of the Women’s Bank to provide the much needed funding for their businesses. Debating.
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KENYA’S SHILLING EASES AS STOCKS CLOSE HIGHER
17/12/2015The Kenyan shilling has recently eased due to increased dollar demand from companies across all sectors to meet their obligations before they close for the holidays, while stocks have risen..
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