Addis Ababa, Ethiopia (PANA) - Ethiopian airline Thursday announced the upgrading of its passenger service management by switching from SITA to Sabre IT system with effect from midnight of 3 November 2006.
Tunis, 11 October 2006 The Board of Directors of the African Development Bank (AfDB), on Wednesday in Tunis, approved a loan and a grant amounting to US$ 88.04 million, to finance a project in support of micro and small enterprises in Egypt. The resources will be managed by a Social Development Fund (SDF).
Zimbabwes Dollar inflation rate has already exceeded 1200%; the country is facing poverty and hunger with the food shortage and the agricultural production downfall since Mugabes decision to pass the white citizens fertile lands ownership to the blacks, in 2000.
The Zimbabwes inflation rate has exceeded the 1,000% rate in the end of August, going ahead to near 1800% by the end of the year if serious actions are not taken, specialists claim.
ZIMBABWEANS on Tuesday counted their losses a day after a currency swap deadline that left many with wads of worthless old banknotes the government says had become a tool for black market trade.
HARARE - President Robert Mugabe on Monday urged blacks to produce food on farms seized from whites saying his government was tired of "begging for food", the first time the Zimbabwean leader has admitted a link between his controversial land reforms and food shortages in the country.
WASHINGTON, DC, July 31, 2006The Multilateral Investment Guarantee Agency (MIGA)a member of the World Bank Groupsaid today that Guinea-Bissau has become its newest shareholder, bringing MIGA's total membership to 168.
June 13, 2006: Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies. With the consent of the country (or countries) concerned, PINs are issued after Executive Board discussions of Article IV consultations with member countries,
On the afternoon of June 9, 2006, Assistant Foreign Minister He Yafei, at the invitation of the International Press Center, gave a briefing for domestic and international journalists as well as the information officers from foreign embassies in China, introducing Premier Wen Jiabao's upcoming visit to Egypt, Ghana, Congo (Brazzaville), Angola, South Africa, Tanzania and Uganda
IN a bid to consolidate and strengthen their potential as one of the leading airlines on the African continent Kenya Airways has opened up a new flight to Yaounde, Cameroon. The flight that will also see the KQ connect to Douala starts this month (June).
KQ will depart Nairobi at 1945 hrs and arrive in Yaounde at 2145hrs and connects to Douala arriving at 2310hrs every Monday Tuesday, Thursday and Saturday.
Mr Emmanuel Okware, the Country Manager, said the flight would then leave Douala 2330 hrs the following day before arriving in Nairobi at 0615hrs."It is a great achievement and we believe that with that flight it will enable most people exploit West Africa especially Cameroon," Okware said.
"It has good connections from Douala/Yaounde to Entebbe and the rest of out network," he added.
Cape Town, 1 June 2006 Given its growing relationship with China and India, Africa needs a coherent policy towards the two emerging economic giants of Asia.
Cape Town, 1 June 2006 The African Investment Climate Facility (ICF), an innovative public-private partnership aimed at making Africa a better place in which to do business, was formally launched at the World Economic Forum on Africa, which is taking place in Cape Town from 31 May to 2 June.
