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‘Libyan crude oil exports exceeded 485 million barrels last year’

Libyan crude oil exports hit 485.149 million barrels last year, the Libyan National Oil Office has said

Tanzania posts surplus in balance of payments as traditional exports rise

Tanzania recorded a surplus of US$327.3 million in its overall balance of payments, compared with a deficit of US$202.0 million recorded in 2011, thanks to 

Airtel reconsiders its African market approach

Three years since Bharti Airtel, one of the world’s top telecommunications companies by subscribers, began operating in Africa, it has had a rough ride on the continent,

Mauritius to introduce Light Rail Transport System

The Mauritian government has invited public tenders for the design, construction, financing, operation and maintenance of the Mauritian Light Rail Transit (MLRT) project,

Gambia hosts sub-regional meeting on customs administration

A five-day sub-regional training workshop on the ''modernisation of customs administrations'' in West Africa, began Monday in Banjul, the Gambian capital, official sources 

French businessmen reassured of security in Libya

Several French businessmen said on Tuesday in Paris that they have been reassured of security in Libya at an international conference held in the French capital

Interest arrears add to Tanzania’s external debt burden

New disbursements and accumulation of interest arrears raised Tanzania’s external debt stock at the end of December 2012 to US$10.6 billion, an increase

Tanzania’s headline inflation hovers at 12.1%

Hiked prices of food and non-alcoholic beverages as well as tobacco, alcohol and narcotic

‘Nigerian economy on path of development’

Nigeria's Minister of Finance Ngozi Okonjo-Iweala has expressed optimism that the country’s economy was on the path to more development, as the Gross Domestic Product 

BADEA, Egypt sign US$10m financing pact

The Arab Bank for Economic Development in Africa (BADEA) and the Government of Egypt Monday in Cairo signed a US$10 million Line of Financing pact for the country 

‘Why telephone manufacturers shun local production in Nigeria’

Major phone manufacturers like Samsung, Nokia, BlackBerry, Tecno, LG and Huawei have no plans to establish manufacturing plants in Nigeria at the moment, in spite of 

Angola to introduce new currencies, coins 18 February

Angola is to introduce new bank notes and coins from 18 February, according to the administrator 
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