12/11 Zimbabwe has invited bids for the state-owned airline as President Emmerson Mnangagwa's government pushes ahead with a drive to privatise and end state funding to loss-making firms, Air Zimbabwe's administrator said. . .
10/11 The International Monetary Fund (IMF) projects that Namibia’s GDP will contract in 2018, pushing out its forecast for growth to next year when it sees support from strong mining production and. . .
09/11 Catalyst Principal Partners, a Kenyan private equity firm, has raised $155 million in its second round of funding, securing capital from local pension funds and international investors, it said on Friday.. . .
08/11 Zimbabwe wants to reduce its budget deficit to 4 percent of gross domestic product in 2019, down from an 11.1 percent forecast this year through various expenditure cuts, Finance Minister Mthuli. . .
08/11 Econet Wireless Zimbabwe will split off and separately list its financial and insurance businesses on the Zimbabwe Stock Exchange if shareholders approve the plan later this month, the company said on. . .
05/11 Morocco's unemployment rate dropped
to 10 percent at the end of September, down from 10.6 percent a
year earlier, the planning agency said on Monday citing a growth
in jobs created in the services. . .
31/10 Ivory Coast is on track for a
record cocoa harvest in the 2018/19 season of 2.2 million
tonnes, up from about 2 million tonnes last season, due to
favourable weather and new plantations, farmers,. . .
31/10 Kenya will make a final decision on the amount of foreign borrowing in its 2018/19 (July-June) fiscal year after it has studied conditions in global financial markets, the finance minister told. . .
30/10 Seychelles has raised $15 million by offering the world's first blue bond, raised from investors to finance ocean-based projects, to expand its marine protected areas and boost its fisheries sector.. . .
29/10 Zimbabwe's budget deficit will more than double to 11.1 percent of gross domestic product this year from an initial forecast of 5 percent due to runaway government spending, a senior treasury. . .
24/10 Namibia's economy will contract 0.2 percent this year, down from a forecast of 1 percent growth in July, due to a weak performance in the manufacturing and construction sectors, Finance Minister. . .
24/10 Kenya's risk of defaulting on debt repayments has increased to moderate from low, the International Monetary Fund (IMF) has said, citing the government's public investment drive and revenue shortfalls in recent. . .
22/10 Maroc Telecom, Morocco's largest telecoms operator, on Monday reported a 7 percent rise in unadjusted third-quarter profit attributable to shareholders compared to the same period last year.. . .
21/10 Nigerian trade unions may resume a
nationwide strike if the government fails to publicly agree to a
proposed increase in the minimum wage and to set about putting
it into law, three union federations. . .
19/10 Panafrican banking group Oragroup plans to raise 56.92 billion CFA francs ($101 million) via the largest ever initial public offering (IPO) on the Abidjan Stock Exchange (BRVM), the company said on. . .
18/10 Nigeria's state oil firm NNPC has
extended its crude-for-product swap contracts, the country's
main avenue to meet the bulk of its fuel needs, until June
2019, sources familiar with the matter said.. . .
15/10 Sixty people were killed after a
fire broke out on Friday on an oil pipeline in the southeast of
Nigeria, a spokesman for the National Emergency Management
Agency (NEMA) said on Monday, up from. . .
14/10 C ongolese migrants and officials said dozens of
people were killed this month in neighbouring Angola in a
crackdown on artisanal diamond mining, an accusation Angolan
security forces strongly denied.. . .
03/10 Libya’s state oil company
National Oil Corp (NOC) said on Wednesday it had postponed a
conference in the eastern city of Benghazi for 15 days following
an attack on its Tripoli headquarters last month.. . .
03/10 Liberia's central bank did not lose more than $100 million in newly printed notes, its governor said on Tuesday, disputing prior government statements that have sparked outrage and a federal investigation.. . .
02/10 Zambia's Finance Minister Margaret Mwanakatwe said on Tuesday she will meet with top International Monetary Fund (IMF) officials next week in Indonesia as Africa's no.2 copper producer tries to address mounting. . .
30/09 A Nigerian umbrella trade union
suspended a nationwide strike on its fourth day on Sunday, after
the government agreed to hold a meeting to discuss increasing
the minimum wage, a union official said.. . .
29/09 The International Monetary Fund on Friday approved the payment of a $245 million loan tranche to Tunisia, the fifth under its loan programme with the North African country, an official source. . .
28/09 Botswana's economy expanded by 2.4 percent in the second quarter of this year from the previous three months after contracting 1.5 percent in the first quarter, data from the statistics office. . .
27/09 Morocco’s Banque Centrale Populaire (BCP), one of the country’s biggest lenders, said on Thursday that its first half net profit rose by 1.8 percent due to improved operating risk management.. . .
26/09 Ghana's cocobod regulator expects the country's annual cocoa output to rise to 1 million tonnes and more in a few years, boosted by enhanced farming methods such as artificial pollination, its. . .
24/09 Nigeria's Stock Exchange
suspended trading in the shares of Skye Bank on
Monday after the central bank withdrew the lender's operating
license and created a bridge bank to take over its assets.. . .
19/09 Fifteen Liberians, including the son of former president Ellen Johnson Sirleaf, are banned from leaving the country while the government investigates the whereabouts of $104 million in missing cash intended for. . .
04/09 Rwanda's Bank of Kigali has sold a 30 percent stake in its general insurance business to Swan General of Mauritius for 860 million francs ($978,116.13), the bank's chief financial officer told. . .
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