NIGERIA ON A BORROWING BINGE // NIGERIA SUR UNE FRÉNÉSIE D’EMPRUNT
Nigeria’s government has borrowed 473 billion naira to pay salaries as oil revenues decline affecting the cash flow. Ravi Bhatia, director of sovereign and international...
Category : Commerce
Rising Food Prices Pose Risk For South Africa Inflation // Hausse Des Prix Alimentaires Risque De L’Inflation En Afrique Du Sud
South Africa’s consumer inflation is likely to trend steadily higher this year as food prices rise, putting pressure on the central bank to increase interest...
Iron And Steel Lower Iron Ore Prices Are Here To Stay Warns BHP CEO // Fer Et Acier Baisse Des Prix Du Minerai De Fer Sont Ici Pour Rester Avertit Le PDG De BHP
BHP Billiton CEO Andrew Mackenzie Lower iron ore prices are here to stay as new mine production outpaces weaker growth in demand, according to the...
Drought-hit Southern Africa At Risk of Food Shortage // La Sécheresse A Frappé L’Afrique Australe Au Risque De Pénurie Alimentaire
Southern Africa faces possible food shortages over the next few months due to a severe drought in the ‘maize belt’ of South Africa, where a...
Guinea Bissau Reviews Contracts From Mining To Timber // Examine Les Marchés De L’exploitation Minière Au Bois De Guinée-Bissau
Guinea Bissau is reviewing contracts signed by previous governments as the West African country seeks to ensure miners have sufficient means to kick-start its $2...
Zimbabwe Asks West For Cash For First Time In A Decade // Zimbabwe Demande Ouest Comptant Pour La Première Fois En Dix Ans
Zimbabwe has asked for financial support from the West for the first time in a decade at a meeting of Western diplomats and international lenders....
Egypt Issues Tender For Second LNG Import Terminal -Gas Board Official // Egypte Délivre Appel D’offres Pour L’importation De GNL Deuxième Terminal – Conseil Officiel De Gaz
Egyptian Natural Gas Holding Company – YOUM7 (Archive) By REUTERS CAIRO: Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG)...
New York premiers “Okapi” – The Luxury Handbag Collection By Hanneli Rupert // Premiers ministres de New York « Okapi » – La Collection De Sac A Main De Luxe Par Hanneli Rupert
April 29th, luxury travel company ROAR AFRICA hosted the New York premier of Okapi. The Okapi Collection is the first world class South African luxury...
Volkswagen Beats First-Quarter Profit Forecasts After Boardroom Clash // Volkswagen Bat Des Prévisions Du Bénéfice Au Premier Trimestre Après Le Choc De La Salle De Conférence
Cost cutting and an improving European car market helped Volkswagen (VW) beat first-quarter profit forecasts, easing the pressure on management following the shock ouster of...
Nigeria’s Dangote Sugar Says Q1 Pretax Profit Down 52 pct // Dangote Sugar Says Q1 Profit Avant Impôts Nigériane Bas 52 pc
Nigeria’s Dangote Sugar said on Wednesday its first quarter pretax profit dropped 51.9 percent to 3.79 billion naira ($19 million), compared with the same period...
Algeria, Guest of Honor At International Fair of Abidjan // Algérie, Invité D’honneur Au Salon International D’Abidjan
ALGIERS-Algeria participates from tomorrow until Tuesday 10 May in the international fair of Abidjan (Ivory Coast) as guest of honor, the Ministry of Tourism and...
Morocco Takes Part in Cairo in Meeting on Creation of Joint Arab Force // Maroc Participe Au Caire A La Réunion Sur La Création D’une Force Arabe Commune
Morocco took part on Wednesday in Cairo in the meeting of the high level group which was set up upon the decision by the 26th...
KEFI Minerals Says it’s Full Speed Ahead With Crucial Study For Ethiopia Mineral // KEFI Minéraux Dit Que C’est La Pleine Vitesse Avant Avec Crucial Etude Pour Éthiopie Minérale
KEFI Minerals (LON:KEFI) confirmed the definitive feasibility study of the Tulu Kapi gold project in Ethiopia will be published by the middle of this year...
East Africa Home TV Penetration Reaches 23% At End of 2014 // East Africa Home TV Pénétration Atteint 23 % A La Fin De 2014
The five countries of the East African Community (EAC) had 33.61 million households and a household television penetration rate of 23 percent at the end...
AfDB Approves $124m Loan To Angola For Water Infrastructure // Bad Approuve Un Prêt De 124Millions De Dollars à L’Angola Pour L’Infrastructure De L’eau
The African Development Bank Group (AfDB) has approved a $123.77-million loan to Angola to finance the country’s Institutional and Sustainability Support to Urban Water Supply...
AGOA Trade Resource Centre to Boost Ghana’s Exports // Centre De Ressources AGOA Commerce Pour Stimuler Les Exportations Du Ghana
The Ghana Chamber of Commerce and Industry (GCCI) has signed a Letter of Collaboration with the United States Agency for International Development’s (USAID) West African...
The Future of the Dairy Food Market in South Africa to 2019 // L’avenir Du Marché Des Aliments Produits Laitiers En Afrique Du Sud A 2019
The Future of the Dairy Food Market in South Africa to 2019 is the result of Canadean’s extensive market research. The report presents detailed analysis...
European Plot to Profit off Africa’s Seeds // Tracer Européens A Tirer Profit Au Large De Graines De L’Afrique
A crucial meeting is to be held in London on March 23 by predominantly whites with a handful of Africans, some of whom represent private...
Glencore Quits Mauritania Iron Ore Project After $US1bn Investment // Glencore Ferme Projet De Minerai De Fer De Mauritanie Après Investissement $US1bn
Glencore has quit an iron ore project in the west African nation of Mauritania less than a year after it reportedly paid $US1 billion for...
Azonto Petroleum relinquishes offshore Ghana licence //
By Giles Gwinnett Due to the challenging market, a farmout agreement could not be finalised and the partners have formally advised the Ghana government that...