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African airlines seek unrestricted airspace in Africa

Heads of African airlines meeting in Nairobi have warned that the continued application of stiff licensing rules by governments against continental airlines was slowing down trade, tourism and job-creation opportunities

African World Business Congress opens in Tanzania

The fourth African World Business Congress (AWBC) opened in Ngurdoto, northern Tanzania, with a call on international businessmen to increase investment in Africa.

ECOWAS commissions study on takeoff of single currency

An extraordinary meeting of regional Ministers of Finance and Governors of Central Banks of ECOWAS Member States has agreed to commission a study that will help it propose the most feasible option and timetable for introducing a single currency for West Africa

Nigeria’s Okonjo-Iweala becomes World Bank MD

World Bank President, Robert Zoellick, announced the appointment of Nigeria's Ngozi Okonjo-Iweala as the Bank's Managing Director

African Ministers embrace Aid-to-Trade initiative

The Aid-to-Trade initiative may be a blessing to Africa's faltering trade competitiveness in the global economy, but like any other aid there is worry over conditions donor agencies impose, which are believed to more harmful than good

AfDB to launch grand vision for Africa infrastructure

The African Development Bank (AfDB) plans to launch 15 major infrastructure initiatives with the African Union to link landlocked countries

$625 million for infrastructure in Africa

South-African Foreign minister, Nkosazana Clarice Dlamini-Zuma has announced in Paris the creation of funds worth $625 million aimed at developing infrastructure in Africa.

Kufuor urges value addition to maximise returns on cocoa

The Second African Cocoa Summit involving cocoa producers on the continent began a two-day meeting in Accra aimed at defining a policy roadmap towards a sustainable Africa cocoa economy.

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...
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