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Angolan, Italian trade hits 2 billion euros

Trade between Angola and Italy in 2011 hit 1.7 billion euros, sparked by the African country's oil exportation to Rome, the Italian ambassador to Angola, Giuseppe Mistretta

Algeria’s ISPs urge government to liberalise broadband sector

 Internet service providers (ISPs) in Algeria have asked the government to liberalise the national fibre network and Algeria’s international landing station, Pyramid Research

102m naira realized from sale of failed banks’ assets in Nigeria

The Nigeria Deposit Insurance Corporation (NDIC) said it had realized 102.6 million naira from the sale of physical assets and recovery of loans and advances owed to

EU to grant Benin FCFA 32b for budget support

The European Union (EU) is to grant Benin some 50 million Euros (about FCFA 32 billion) in the form 

Minister, 31 others died in plane crash in South-west Sudan

Thirty two people, including a federal minister, died in a plane crash in South-west Sudan Sunday, the Presidency said

Nigeria’s domestic airlines ”to raise fares by 30%”

Domestic airline operators in Nigeria are to raise their fares by 30% following an increase in the cost of leasing aircraft as well as higher insurance premiums, the local media reported 

Sino-Africa trade hit US$166.3b in 2011

The volume of trade between China and Africa reached US$166.3 billion in 2011, the Chinese Ministry of Trade said in a statement released in Dakar on Monday 

US Exim Bank approves US$1.5b financing for Nigeria

 The United States Export-Import Bank approved US$1.5 billion in financing to support U.S. exports to Nigeria and some other sub-Saharan African countries

Mauritius, Nigeria sign double taxation avoidance agreement

Mauritius and Nigeria have signed a Double Taxation Avoidance Agreement (DTAA), the Mauritian Finance and 

‘Mauritius Private Equity conference targets Africa’

A two-day conference on private equity investments in emerging African markets has been scheduled for Balaclava, northern Mauritius, from 17 to 18 September

‘Congo’s economy to grow by more than 5% this year’

The Congolese president, Denis Sassou N'Guesso, on Monday said in Brazzaville that his country's economy was expected to grow by more than 5% this year.

Nigeria’s domestic investment up by 46% in 2011

The Nigerian government has pledged to continue to provide a conducive environment for business to thrive, as domestic investment grew by 46% in 2011
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