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African Mines Ministers to meet in Abuja

Ministers of Mines in Africa, under the auspices of the African Mining Partnership (AMP), will meet in Abuja from Thursday to review strategies for developing their countries' mining sectors

IMF regrets Nigeria’s reform programme slippages

The International Monetary Fund (IMF) has expressed regret over "certain slippages" in the implementation of some aspects of Nigeria's reform programme

Only $8.8b of Nigeria’s $43.6b foreign reserves available

The controversy over the exact amount of Nigeria's foreign reserves reared its head again Tuesday July 17th, when a senior official of the Central Bank of Nigeria (CBN) said the real amount was USD8.8 billion, not the widely bandied figure of USD43.6 billion.

Kenyan minister says African postal services too inefficient

African postal services are under obligation to modernise and diversify or succumb to competition from the private investors, according to Koigi Wamwere...

World Bank says governance improved in Africa

The World Bank says governance has significantly improved in a number of African countries

Business leaders adopt declaration on best practices

Hundreds of business leaders worldwide have pledged to comply with labour, human rights, environmental and anti- corruption standards

Africa records highest growth in two decades

Africa has experienced its highest economic growth in the last two decades, with Gross Domestic Product (GDP) growth rate, which averaged about 5% annually in the past six years, rising to 5.5% in 2006

AfDB unveils maiden report on Africa’s consumption, price levels

Ahead of its Annual Meetings in this Chinese commercial hub, the African Development Bank (AfDB) Group has released the first report on comparative consumption and price levels in African countries.

AfDB Group posts excellent annual results

The African Development Bank (AfDB) Group achieved excellent operational and financial results in 2006, with overall approvals by the Group increasing to US$3.9 billion from US$3.3 billion in 2005

Africa’s economic growth to improve in 2007, according to ECA.

African economies are forecast to grow by an average of 5.8% in 2007, according to the latest edition of the Economic Report on Africa (ERA 2007)

Uganda gets 4th mobile phone service provider

Uganda issued Tuesday March 13, a GSM mobile license to Saudi Arabian HITS Telecom, making it the fourth mobile telephone service provider in the east African country

60% drop in cost of basic utilities in Niger

The cost of basic utilities in Niger, including water, fuel, health care and education will go down by between 15 and 60 percent starting 15 March, the chairman of the country's consumer organisation-Coalition for Equity-Quality Against High Cost of Living
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