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Economic stagnation wreaks havoc in Gambia, says opposition leader

The leader of Gambia's main opposition United Democratic Party (UDP), Ousainou Darboe, on Thursday launched scathing attack on the ruling government's economic policies, saying they are "misguided and continue to wreak havoc on the population".

Commission proposes new salary for Nigerian President, VP and others

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has proposed a new salary structure for the president, the vice presid e nt, the Chief Justice of Nigeria, ministers and other top government officials i n Nigeria.

AFC leads construction of 124b naira port project in Nigeria

The Africa Finance Corporation (AFC) will lead two other firms to construct sub-Saharan Africa's first deep sea container port at Olokola, a town located between Ondo and Ogun states in the country's South-west

Trade advocacy group says Ghana stands to lose in EU trade deal

Ghana has given out much mor e to the European Commission t han it can gain in the Interim Economic Partnership Agreement the two sides have signed, Third World Network, a trade advocacy group, has said.

Zimbabwe bank secures US$ 30 million off-shore loan

A Zimbabwean bank said it had secured a US$ 30 million offshore loan to finance exporters, and another US$ 1.2 million specific ally for small-scale horticulture farmers

79 companies get ”Made in Mozambique” stamp

Seventy-nine Mozambican companies have received the "Made in Mozambique" stamp since the Ministry of Industry and Trade launched the campaign to "produce Mozambican, consume Mozambican, export Mozambican" in 2005

Mozambique may meet economic, social targets for 2007

The Mozambican government is on target to meet most of the targets laid down in its Economic and Social Plan for 2007.

Nigerian govt gives 50b naira lifeline to ailing textile industries

Nigeria's federal government has provided a 50 billion naira fund to help in resuscitating the country's ailing textile industries.

Moroccan legislature passes 2008 finance act

The Moroccan House of Representatives Saturday night enacted the 2008 finance act, which essentially provides for structural reforms in the strategic sectors of education, health and employment.

Trading subdued at Nigerian bourse

Some 3.5 billion shares valued at 47.32 billion naira were traded in 59,639 deals this past week at the Nigerian Stock Exchange, down from the 4.45 billion shares worth 54.3 billion naira realised from 62,781 deals the previous week.

Nigerian govt denies plan to raise fuel prices

Nigeria's federal government has denied it is planning to increase fuel prices because of the rising cost of crude oil in the international market

IMF, WB and AfDB at the bedside of Togo’s ailing economy

Officials of the Internationa l Monetary Fund, World Bank and African Development Bank (AfDB) have arrived in Togo to discuss economic reforms with the authorities
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