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Tanzania orders foreign petty traders to close shop

Tanzania has given foreign petty traders a one-month notice to close shop and leave the country or risk arrest and prosecution
Africa

Tunisia is back on the world wheat market

The weakening of the euro is making the European wheat more competitive on international markets, as it results in strong demand
Africa

IATA to open office in Libya

Libya and the International Air Transport Association (IATA) on Wednesday signed an agreement in Tripoli to open an office in the Libyan
Africa

Nigeria apex bank’s chief named World Central Bank Governor for 2010

Governor of the Central Bank of Nigeria (CBN) Lamido Sanusi has been named the World Central Bank Governor for the 2010
Africa

‘African countries invested US$9.33bn in China in 2009’

African countries invested some US$9.33 billion in China in 2009, according to a report published by the Chinese government
Africa

Air Zimbabwe to buy 4 new planes with US$ 500 million

Air Zimbabwe said Friday it had requested US$ 500 million from the government, its sole shareholder, to buy four new planes
Africa

Nigerian bourse set to get new CEO

The Nigerian Stock Exchange (NSE) has forwarded the name of the recommended candidate that will fill the post of its Chief Executive
Africa

Benin budgets 1,000b FCFA for 2011

Benin's National Assembly Thursday night voted to approve the country's
Africa

Gabon rejects Wikileaks’ information over Omar Bongo’s embezzlement at BEAC

The Gabonese government has dismissed the information published by international whistle-blowing group Wikileaks over late
Africa

Ethiopia’s biggest hydropower plant resumes operation after 11 months

Ethiopia's biggest hydropower plant, without a dam, Gilgel Gibe II (GII), has resumed operation after 11  months since it collapsed
Africa

IFC to grant loans to African clients

A member of the World bank group, the International Finance Corporation (IFC), is providing local currency loans to African clients to
Africa

Business group faults Nigeria’s 2011 budget

Nigeria’s foremost business group, Lagos Chamber of Commerce and Industry (LCCI), has expressed dissatisfaction with the huge
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