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IMF approves US$27.4m for Guinea

The Executive Board of the International Monetary Fund (IMF) on Monday completed the second review of Guinea’s economic performance under a programme

Profits of Bank of Central African States down in 2012

The Bank of Central African States (BEAC) made a profit of 17.951 billion CFAF last financial year, down by 5.192 billion CFAF on the 2011 figure, says an official

Nigeria’s aviation unions suspend planned strike

The three aviation unions that threatened to shut the Nigerian airspace starting from Monday over the failure of the authorities to pay them higher wages have suspended

Nigeria banks ‘dump’ commercial airlines for private jet owners

Nigerian banks prefer extending finance offers to high-net-worth individuals, including business moguls and top politicians, to buy private jets instead of giving such 

Nigerian aviation workers’ strike to start Monday as unions deny pact

Aviation unions in Nigerian on Sunday denied that an agreement has been reached to prevent Monday's scheduled start of a strike to push their demand for higher wages.

Export of semi-processed Ethiopian leather puts Chinese tannery in trouble

Ethiopian authorities are considering “appropriate measures” to be taken against a locally-based Chinese leather factory that tried to export illegally two containers 

‘Private jets used to smuggle cash, fugitives in Nigeria’

As the debate over the newly-unveiled National Civil Aviation Policy 2013 continues in Nigeria, the federal government has explained that some controversial

Gabon, EU sign F CFA93b fisheries deal

Gabon and the European Union (EU) have signed a F FCFA 93 billion fisheries agreement under which seven tuna boats and eight rod-using vessels are allowed to operate

‘Electronic transactions in Nigeria hit 80b naira daily’

The total value of daily electronic funds transfer in Nigeria has risen to 80 billion naira

UN deputy scribe calls for more support for Somali government

UN Deputy Secretary-General, Mr. Jan Eliasson, on Thursday stressed the need for widespread support from the international community for the new 

Ban recommends adjustment in UN mission in Guinea-Bissau

UN Secretary-General Ban Ki-moon has recommended that the mandate of the UN political mission in Guinea-Bissau be adjusted to support a two-phase 

‘How to translate Africa’s economic growth to sustainable development’

Involving low-income communities in markets and businesses across Africa is essential for economic growth to translate into sustainable development
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