Gulf States Investing in Series of Projects To Power Africa Growth
DP World wants to forge ahead with more investments despite a legal battle to keep hold of its concession to run Djibouti’s container terminal, above....
Category : ECONOMY
Germany’s Siemens Agrees To $10.5B in Deals To Generate Power in Egypt // Siemens De L’Allemagne s’engage A $10 Milliards Dans Les Offres Pour Produire De L’électricité En Egypte
Flags of German engineering conglomerate Siemens AG flutter before the annual shareholder meeting in Munich in this Jan. 23, 2013 file photo. (AP / Matthias...
Ghana, Norway To Extend “Oil For Dev’t Programme” // Ghana, Norvège D’étendre « Huile Pour Dev’t Programme »
Ghana and the Norwegian Ministry of Foreign Affairs (MFA) have agreed to extend the “Oil for Development Programme” for another five years. This was made...
US Promise Investment while UAE Pledges $4 bn in Economic Aid To Egypt // Promesse D’investissements Américains Tout En Promesses Des Émirats Arabes Unis $4 Milliards Dans L’aide Economique A L’Egypte
AP Secretary of State John Kerry SHARM EL-SHEIKH, Egypt (AP) Secretary of State John Kerry delivered words of encouragement Friday for Egypt’s efforts to attract...
Oil Price Still A major Threat To Nigeria’s Economy // Huile Prix Toujours A majeure Economie Du Nigeria De Menace
Consulting company Control Risks has identified political uncertainty and low oil prices as key issues posing threats to Nigeria’s economic growth, in the company’s annual...
Algiers Economic Development Group to Offer Workshops on Business Basics // Groupe De Développement Economique D’Alger Pour Offrir Des Ateliers Sur Les Bases De L’entreprise
The Algiers Economic Development Foundation is offering workshops on marketing, finance and other business needs beginning March 18. New Orleans Mayor Mitch Landrieu addresses the...
Ghana’s “abysmal” GDP performance holding back Eco – Minority // Performance De PIB « Catastrophique » Du Ghana, Retient Eco – Minorité
Ghana’s “abysmal” performance in the past few years as far as GDP rate is concerned is what is holding back the West African Monetary Zone...
Economy Needs To Move To A New Productive Age // L’économie A Besoin Passer A Un Nouvel Age Poductif
In Summary Urgent measures needed to reinvigorate exports and revive tourism whose fortunes have suffered a nasty run. Opinion is sharply divided whether the current...
China Increase interest in Emergent Market in Africa
THE AFRIKA MARKET EDITORIAL ON CHINA – AFRICA BUSINESS RELATIONS BY : ‘JIDE ADESINA Figures show that the Chinese economy grew by 7.4% last...
$50m Earmarked For Weather Projections // 50millions De Dollars Destinées Aux Projections Météorologiques
By John Agaba ENVIRONMENT minister Ephraim Kamuntu has explained that the impact of weather extremes could no longer be ignored, calling for improved accuracy in...
Managing Rapid Urbanization Can Help Uganda Achieve Sustainable and Inclusive Growth // Gestion De L’urbanisation Rapide Peut Aider L’Ouganda Croissance Durable Et Inclusive
Uganda’s urban population will increase from six million in 2013 to over 20 million in 2040. Policy makers need to act now to ensure that...
Algerian Market Growingly Attractive // Marché Algérien Plus En Plus Attractif
Investment projects registered in 2014 at the National Agency for investment development (ANDI) shows an investment growth process and an attractive market,” the general...
Is OPEC Its Own Worst Enemy? // Est L’OPEP Son Pire Ennemi ?
By Matt DiLallo There’s a growing rift among the nations within OPEC. Just this past week the Nigerian oil minister, Diezani Alison-Madueke, said that OPEC...
High-level Event Stresses Importance of Extractive Industries To Sustainable Growth in Africa // Réunion De Haut Niveau Souligne L’importance Des Industries Extractives A Une Croissance Durable En Afrique
Special Adviser on Africa Maged Abdelaziz. UN Photo/Kim Haughton The United Nations Office of the Special Adviser on Africa (OSAA) held a meeting at Headquarters...
There’s No Exploitation of Shale Gas, Says Sellal // Il n’y A Aucune Exploitation Du Gaz De Schiste, Affirme Sellal
Prime Minister Abdelmalek Sellal reaffirmed Tuesday in Oran (432-km west of Algiers) that there is no exploitation of shale gas but only studies underway. “The...
Gauteng To Invest R100bn On Revitalisation Plan // Gauteng A Investir R100bn Sur Le Plan De Revitalisation
GAUTENG Premier David Makhura on Monday announced detailed plans for restructuring the province’s spatial configuration and stimulating economic development, and its strategy to invest more...
Rand Firms After Inflation Slows // Entreprises De Rand Après Que L’inflation Ralentit
South Africa’s rand edged firmer on Thursday as inflation and retail data offered few surprises, keeping the currency within a recent range with a move...
Grexit’ Risks Rise, But Compromise ‘Possible’ // Discute ‘ Risques Augmentent, Mais Faire Des Compromis « Possible »
By Jeremy Gaunt The chances of Greece being forced out of the euro zone have risen, but a compromise agreement between Athens and its...
IMF Offers Support To Egypt Economic Policies After 1st Major Review Since 2011 Uprising // FMI Offre Un Support Aux Politiques Economiques De L’Égypte Après 1er Examen Approfondi Depuis Le Soulèvement De 2011
The International Monetary Fund offered support to Egypt’s economic policies on Wednesday, after an executive review of its first broad consultations with Cairo authorities since...
The Magic of Privatisation of Africa’s Biggest Economy // La Magie De La Privatisation De L’économie De L’Afrique
The streets of Nigeria’s major cities are more often than not clogged with diesel fumes from the thousands of generators that chug away, powering the...