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‘Austerity policy earned Madagascar more than US$250 million in 2010’

The austerity policy by the government of Madagascar earned the country more than US$250 million in 2010, the Malagasy finance
Africa

‘Wealthy Nigerians acquire US$225m private jets in one year’

Wealthy Nigerians acquired at least six private jets worth a total of US$225 million between March 2010 and March 2011, bringing the
Africa

France writes off Togo’s 66.3 billion CFAF debts

France has written off the 101.1 million euros (about 66.3 billion CFAF) commercial debts owed by Togo, official sources
Africa

Ghana inflation rate slips in April

Ghana’s annual rate of inflation slipped to 9.02 per cent in April, from 9.13 per cent in March, with low food prices seen as a major 
Africa

Nigeria’s apex bank in fresh moves to check money laundering, terrorism financing

The new policy by the Central Bank of Nigeria (CBN), which seeks to limit the daily cash withdrawals and lodgment in the country,
Africa

Gambian court orders govt. takeover of Libyan businesses

Justice Awa Bah, sitting at Gambia’s High Court in Banjul, has ordered government’s takeover of businesses owned by Libya African Investment
Africa

Zimbabwe suspends controversial air travel levy

Aviation authorities in Zimbabwe Monday suspended a controversial levy on air travellers, introduced at the beginning of the month
Africa

Congo’s biggest hydro-electric power station inaugurated

Congolese President Denis Sassou Nguesso on Saturday in Imboulou inaugurated the country's biggest hydro-electric power station,
Africa

Burundi gains sharp increase in tax revenue

Burundi received tax revenues estimated at US$ 123 million in the first quarter of this year, an increase of 23 per cent, compared to
Africa

Mauritania lifts suspension of fisheries agreement with Senegal

Mauritania has agreed to lift the suspension of the fisheries agreement with Senegal, signed in April, according to a statement
Africa

‘No plan to raise fuel prices in Nigeria’

The state-owned Nigerian National Petroleum Corporation (NNPC) has no plans to increase fuel prices, according to company
Africa

Gambian economy grew by 5.0 percent in 2010, says Central Bank Governor

Revised estimates from the Gambia Bureau of Statistics (GBoS) indicated that the Gambian economy grew by 5.0 percent in
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