News Africa

The prices of petrol in Ghana have been slashed by 17.17 p er cent with immediate effect, reducing ex-pump prices from 0.99 to 0.82 Ghanaia n cedis.

Gabon is to spend 6.076 billion CFA F in 2009, as aga inst 6.033 billion this year, on Port-Gentil, its economic capital, an official s ource told

Togo's domestic debt stands at FCFA320 billion, an official source said at the end of the cabinet meeting held here on Wednesday.

A group of eight African nations, including Ethiopia, De mocratic Republic of Congo (DRC), Madagascar, Nigeria, Sierra Leone, Sudan, Rwanda

Mauritian Prime Minister Navin Ramgoolam has announced that the construction work for the second phase of the passenger terminal development ...

Gambia has entered into a deal with the Africa Cable to Europe (ACE) for the provision of a submarine cable landing point for the tiny W e st African country, authoritative sources in Banjul confirmed to PANA Sunday.

Gambia's Minister for Finance and Economic Affairs Musa Balla Gaye has said the mandate of the Public Utilities Regulatory Authority (PU R A), as enshrined in its 2001 Act, places heavy demand on the authority.

Developing countries are set to benefit from a UN-backed p artnership announced Friday that seeks to establish a coherent system of measure m ents throughout the world to minimise technical trade barriers.

A consortium of five banks  is providing a loan of 8.2 billion Kenyan shillings to Kenya Oil Pipeline compa n y (KPC) to enable it expand its services.

 Corruption is hindering economic growth in Kenya, and com pounding attempts to make the country the preferred destination for investment.

The World Bank Group's investment climate team in Sub-Sa haran Africa will promote learning and cooperation among seven African countries

Kenyan Prime Minister Raila Odinga has asked insurance c ompanies in the East African nation to consider introducing products aimed at ta c kling the growing risk against piracy and terrorism in the Horn of Africa region as they seek to expand their market dominance