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Tunisia, Iran ink Trade MoU

According to four Memoranda of Understanding signed by Iran and Tunisia, the parties pledge to promote cooperation in the fields of transportation ...
Africa

World Bank pleads for vulnerability fund for developing nations

The Word Bank has asked wealthier countries to set as ide 0.7 per cent of any economic stimulus package to help the world's poorer cou n tries. ...
Africa

Ghana, BADEA sign US$6m loan pact

The Arab Bank for Economic Development in Africa (BADEA) and the Republic of Ghana have signed a loan agreement worth US$6 million ...
Africa

Ghana government pledges expenditure cuts

Ghana’s new government on Th ursday unveiled its maiden budget that, it said, would cut expenditure given the difficult economic situation the
Africa

Mozambican minister sees potential for biofuel expansion

Mozambican Energy Minister Salvador Namburete Thursd ay declared there was enormous potential for the expansion of biofuel production. ...
Africa

Mauritius trade deficit reached US$2m in 2008

Mauritius trade deficit in 2008 was 25% higher th an in 2007, with total imports reaching US$4.15 million and total exports worth US$2.15 million in 2008 ...
Africa

New engines to revive Benin-Niger railway

Benin has purchased three new engines to revive the acti vities of the Benin-Niger Joint Railway Company (OCBN), which has recently suffered ...
Africa

Central Africa calls for raising of road fund

The Economic and Monetary Community of Central Afric a (CEMAC) and the Economic Community of Central African States (ECCAS) ...
Africa

Togo envisages 1.7% growth rate in 2009

Togo's current financial situation, which has shown a steady improvement, will enable the country attain a growth rate of 1.7% in 2009 as ag a inst
Africa

Senegal eyes sustained 7% growth

Senegalese government is eyeing a sustained GDP growth rate up to 7-8% in the next few years to make Senegal an “emergent economy ...
Africa

Gambia inflation jumps to 6.9%

Inflation in the West Afri can state of Gambia went up to 6.9% at the end of January, up from 5.4% for the same period last year, Mr. Mod o u Bamba ...
Africa

Egypt’s Finance Minister confident of future growth

As the world continues to be embroiled in economic struggl es, the Egyptian finance minister said this week that once the worst is over, Egypt ...
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