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Ghana inaugurates cocoa processing plant

Ghana's Cocoa processing giant, Cargill, Tuesday officiall y inaugurated a new US$ 100 cocoa processing facility in Tema, 25 kilometres eas t of Accra. the capital ...
Africa

WADB loans Cote d’Ivoire 4.5 billion CFA F for steelworks

The West African Development Bank (WADB) has granted a loan of 4.5 billion CFA F to the Ivorian Steelworks Company (ISC), a subsidiary compa ...
Africa

Fuel prices go down in the Comoros

The prices of petrol in the Comoros archipelago dropped to 600 Comoran francs (US$ 1.21), diesel to 500 francs (US$ 1.01) but paraffin
Africa

Nigerian Senate approves 683b naira supplementary budget

Nigeria's upper legislative chamber, the Senate, has approved the 683.3 billion naira supplementary budget submitted to it by President Umaru
Africa

UN official nudges member states on global financial woes

UN General Assembly President Miguel Brockmann Thursday ca lled on UN member states
Africa

Mozambique seeks further support from Denmark

The Mozambican government is seeking to secure its current position as the second largest recipient of development aid from Denmark
Africa

East Africa prepares for automated stock trading system

The East African region is expected to adopt an automate d trading system, linking the stock markets in the five countries in the region,
Africa

Namibia copper miner threatened by slump in prices

Weatherly International's Namibian copper operation is battling to stay afloat, amid a slump in the international prices of copper and the expiry of the
Africa

African, Korean ministers adopt plan to boost economy in 2009/2010

The second ministerial conference for Economic Cooperation between Africa and South Korea (KOAFEC) Tuesday adopted a plan of action
Africa

Kenyan President unveils ambitious road expansion programme

The Kenya government plans to construct and upgrade 64,5 00 kilometres of roads in its 2008-2012 development plan to enable it scale up i n vestment
Africa

Mauritius moves to harness wind power

Mauritian authorities have signed a contract with French company Vergnet to set up two windmills with a capacity of 275 KW on the Rodrigues Island.
Africa

EAC, SADC, COMESA seek to merge

Twenty-six Africa countries belonging to different blocs are seeking to merge into one economic bloc, a move pundits say will lead to faster economic and political integration in the continent.
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