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CBN release modalities for cashless transaction

The Central Bank of Nigeria (CBN) has released modalities for the pilot implementation of the cash policy for cashless transactions

Chinese company to build cement factory in Congo

The Congolese Minister of Land Reform and Public  Works announced on Monday in Brazzaville that a Chinese company, FORSPAK 

Mauritanian Parliament passes budget

 The Mauritania National Assembly on Sunday passed the 2012 draft finance law, fixing the state budget at 466.440 billion ouguiya,

Nigeria’s main opposition party ‘remains opposed’ to fuel subsidy removal

Nigeria's main opposition party, Action Congress of Nigeria (ACN), has re-stated its opposition to the plan by the federal government

‘Fuel subsidy goes in Nigeria in April’

After much controversy, indications are that the Nigerian government will finally remove fuel subsidy 1 April 2012, going by statements

Air Zimbabwe suspends flights to SA

 Zimbabwe's troubled national carrier announced on Friday it was suspending flights to South Africa over fears its planes may be seized by

Industrial producer prices down in Senegal

Prices of industrial products went down 0.6 percent in October compared to the prevailing prices in September, Senegal's National 

FADES chairman arrives in Nouakchott

The managing director of the Arab Fund for Economic and Social Development (FADES), Abdel Latif Youssef El Hamid, arrived in

IDA to finance Congolese telecoms project

Congolese senators on Monday adopted a bill authorizing the loan agreement between the cetral African country and the International

Angola to start exploiting natural gas next year

Angola will start exploiting its natural gas reserves from the first quarter of 2012, Albino Ferreira, director of marketing at the Ministry

Foreign remittances to Nigeria fall by 50%

Annual remittances by the Nigerian Diaspora have fallen by 50%, from US$10 billion to US$5 billion, due to the economic crisis in

EU grants 470,00 euros to island states in East, Southern Africa

The European Union (EU) Monday signed a pact with the United Nations Department of Economic and Social Affairs (UNDESA)
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