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Forum on growth in Africa opens on Thursday in Washington

The 11th annual forum on the Africa Growth and Opportunity Act (AGOA), which will focus on commercial and economic cooperation between the United States

IMF extends US$157 million credit to Malawi

The International Monetary Fund (IMF) on Wednesday announced a US$157 million Extended Credit Facility (ECF) to Malawi.

Smile Telecom partners Alcatel-Lucent for 4G LTE services in Tanzania

African telecom operator, Smile Telecom, is partnering Alcatel-Lucent to unveil 4G Long Term Evolution (LTE) services in Dar es Salaam, Tanzania, the firm 

Morocco’s economic growth rate expected to drop this year

The Moroccan high commissioner for Planning says his country’s economic growth rate would drop from 5% last year to 2.4% this year because of poor harvests

US State Department hosts 11th AGOA Forum 14-15 June

The U.S. Department of State, in conjunction with several U.S. Government agencies, will host the 11th annual U.S.-sub-Saharan Africa Trade and Economic Forum,

AGOA: Nigeria exports to U.S. hit US$44b

Nigeria’s exports to the US under the African Growth and Opportunity Act( AGOA) scheme

Zimbabwe hails US diamond trade ‘setback’

Zimbabwe Friday hailed the collapse of US efforts to link world diamond trade to human rights,

New York Forum AFRICA to host 600 global investors, leaders in Gabon

 More than 600 investors, political and private-sector leaders as well as economic experts from around the world will gather this week in Libreville, Gabon,

WB to give Senegal FCFA 29 billion in 2012

 The World Bank will grant Senegal a budget support of nearly FCFA 29 billion (or US$ 55 million) in 2012, and pledged to make available additional FCFA 45 billion

Elephant Ivory sales creating ”Deadly New Currency in China”

In a world of economic uncertainty, elephant ivory has become a new investment vehicle in China, sparking an extraordinary surge in the number of elephants being

BADEA signs loan pacts with 4 African countries

The Arab Bank for Economic Development in Africa (BADEA) has signed separate loan agreements with four African nations - Lesotho, Tanzania, Cape Verde

Togolese president re-elected UEMOA chairman

The Togolese president, Faure Essozimna Gnassingbé, was on Wednesday re-elected chairman of the West African Economic and Monetary Union (UEMOA) at the close 
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