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Eaton targets South African mining industry in growth drive

Eaton Corporation Thursday hosted a Technology Day in Johannesburg, South Africa, for its African customers

Congo signs US$14m agreement for timber production

The Congolese government has signed agreements with three logging companies for the development and industrial manufacturing of timber.

Zimbabwe gold producer increases output by 75 percent

One of Zimbabwe's largest gold producers said Tuesday it had increased production by 

Disruption of gas supply from Nigeria plunges Ghana into darkness

The disruption of gas supply from Nigeria to Ghana under the West African Gas Pipeline project has caused an electricity generation crisis in Ghana as several areas have been 

Nigerian Sovereign Wealth Fund begins operation October

The Nigerian Sovereign Wealth Fund (SWF) will begin operations in October with an initial fund of US$1 billion, the Coordinating minister for the Economy and the

Nigeria’s apex bank dismisses criticism of planned 5,000 naira note

The apex Central Bank of Nigeria (CBN) has dismissed the criticisms of its plan to introduce a 5,000 naira (US$31) currency note as the country's highest denomination, saying

Number of mobile phone users increases in Mauritius

The number of mobile phone users has increased by 8.2% in Mauritius, growing from 92.8 in 2010 to 100.4 in 2011 per 100 inhabitants, according to statistics released

SA opposition criticizes security breach at Cape Town Airport

South Africa's official opposition Democratic Alliance (DA) Monday urged the Department of Transport to address the major security breach at Cape Town International 

Nigeria’s apex bank to spend 40.3b naira to produce new coins, currency notes

The Central Bank of Nigeria (CBN) is to spend 40.3 billion naira (US$249 million) to produce new coins and naira notes, the local media reported Monday, as criticism trailed the 

Nigerian apex bank tightens rules on forex

The apex Central Bank of Nigeria (CBN) and the Nigerian Shippers Council (NSC) are vigorously enforcing the bank's new rules, which put stringent conditions for approving 

Angolan president inaugurates US$279 million hydro-electric dam

The Angolan head of state, José Eduardo dos Santos, on Wednesday inaugurated a 60-megawatt hydro-electric 

IMF pledges to support Egypt’s economic transformation

The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, has said that the Fund is ready to support Egypt's economic transformation
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