Nigerian President Muhammadu Buhari has recently said that the country expects its budget deficit to double to 2.2 trillion naira ($11 billion) in 2016 as the government plans to revive.
In the light of the thin holiday season trade, South Africa’s rand firmed on Monday, extending modest gains notched up since calm returned to markets after the fallout over the.
The Mozambican economy has grown by 5.9 percent in the third quarter of 2015 recent data on its statistics website has shown. This comes after an expansion by 5.7 percent.
As part of efforts to raise financing of investment project in the country, the Democratic Republic of Congo has recently announced that it will tap into the international debt markets.
Canada has granted 30 million USD to Ethiopia for the efforts of mitigating the El-Nino induced drought, the Ministry of Foreign Affairs has recently said. The announcement came following the.
Ethiopian 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,.
As 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.
In a bid to restore Nigeria’s foreign exchange market, the Central Bank of Nigeria has recently issued another circular to banks in the country, further restricting the use of naira.
The General Manager of Pan African Minerals (PAM) has recently announced that the Burkina Faso transitional government has lifted the suspension of the company’s manganese export license, which was imposed.
South Africa-owned leading telecommunication company MTN, has recently decide to take the legal route as part of efforts to see that the fine imposed on its Nigeria subsidiary is reviewed..
