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India grants Burundi US$ 80m to finance dam project

India has offered Burundi US$ 80 million to enable the African country finance its 20 MW hydroelectric dam project in the northwestern
Africa

Benin’s wage bill increase worries financial partners

The technical and financial partners of Benin (TFP) have expressed worry about the country's rising wage bill following the recent
Africa

‘Nigeria exports plastics products worth US$80m in 2010’

Nigerian manufacturing companies exported plastics products worth US$80.4 million in 2010, the private Punch newspaper reported
Africa

980,000 tourists expected in Mauritius in 2011

Some 980,000 tourists are expected this year in Mauritius, against 934,000 in 2010, representing an increase of 4.8 percent
Africa

WADB grants Benin 5b CFAF loan for road construction

The West African Development Bank (WADB) has granted Benin a loan of 5.320 billion CFAF for the partial funding of the construction
Africa

India offers US$ 5 billion to boost trade with Africa

Indian Prime Minister Manmohan Singh, Tuesday unveiled one of the most comprehensive development plans for Africa, offering
Africa

Nigeria to ban importation of rice, sugar, fertilizer

Nigeria will ban, by 2015, the importation of rice, sugar, fertilizer and other items that can be produced locally, as part of efforts to
Africa

Zim firm clinches Tanzania cotton deal

A Zimbabwean company said Saturday it had clinched a deal with the Tanzanian government to supply the country's entire cotton
Africa

Zimbabwe records US$557 million trade deficit

Zimbabwe recorded a US$557.6 million trade deficit in the first quarter of the year, the Ministry of Finance said.
Africa

Rwandair operates maiden commercial flight to Gabon

Rwanda Airline Rwandair operated its maiden commercial flight between Kigali and Libreville (Gabon) via Brazzaville (Congo) Wednesday
Africa

‘Nigeria loses US$25b annually to oil theft’

Nigeria, Africa's largest oil producer, loses 600,000 barrels of crude oil worth US$24.64 billion to crude oil theft, known in local parlance
Africa

IBM opens office in Dakar

American technology firm IBM has opened a new office in Dakar, the Senegalese capital
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