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Air Senegal passengers stranded

About 20 Dakar-bound passengers of Air Senegal were stra nded at the Banjul International Airport, Gambia, following the third cancellati o n of their flight, without any plausible reason, PANA was reliably informed here Monday. Sources told PANA the passengers booked to travel on the airline

Yar’Adua to declare 3-year power emergency next month

With Nigeria's power generation at perhaps an all-time low, President Umaru Yar'Adua announced Friday in Paris that his administration would formally declare an emergency in the country's power sector next month, the Nigerian state house said in a statement here.

ECOWAS President emphasises need for common market in W/Africa

The creation of a common market in West Africa is critic al to the effective integration of ECOWAS member-states in the global market, Pr e sident of the commission, Dr. Mohammed Ibn Chambas, has declared In his keynote address at the ECOWAS anniversary dinner/lecture, held here recen tly

Japan pledges to double aid to Africa

Japanese Prime Minister Yasao Fakuda has pledged to doub le international assistance to Africa and bolster direct investments in Africa's industrial sector through increased financial assistance and participation of Ja p anese private enterprise.

Ecobank set to expand branches to 4 African countries

Ecobank Transnational Incorporated (ETI) is set to expand its branch network to Democratic Republic of Congo (DRC), Gabon, Kenya and Burundi before the end of the year as part of its strategy of becoming truly a pan African bank, according to the Bank Group's

Telecom Egypt agrees to consortium deal for cable system construction

Egypt's landline operator Telecom Egypt (TE) said in a sta tement Wednesday that they will help construct a US$ 700 million undersea cable s ystem that links Europe, the Middle East and India. The deal is part of a global consortium.

AfDB boss meets Algerian PM

 

The president of the African Development Bank (AfDB) G roup, Donald Kaberuka, Sunday met with Algerian Prime Minister Abdelaziz Belkhad  e m, according to a government statement received here

Oxfam says EPAs not good for poor countries

A UK-based charity has warned that the controversial Economic Partner Agreements (EPAs) will hurt the poor in the African, Caribbean and Pacific (ACP) countries.

UNCTAD told to focus on topical issues

Civil Society groups on Mond ay told the UN Conference on T rade and Development (UNCTAD) to focus on topical issues affecting the world.These include the food crisis; finance and development; climate change; migratio n; trade agreements

DR Congo requires US$14b for infrastructure

The Democratic Republic of Congo requires US$14 billion to provide necessary infrastructure in various sectors of the economy, according to Planning Minister Olivier Kamitatu. Speaking in Kinshasa Thursday, at the official launch of the programme

Rising cost of staples rankles Egyptians

The continued increase in the prices of foodstuffs in Egypt has sparked worries by concerned citizens of the North African nation.In recent months, the prices of milk, rice, sugar and a number of other essentials have been on the upward swing

Kenya, Madagascar and the Gambia to benefit from ADF loans

African Development Fund (ADF), the concessional lending arm of the African Development Bank (AfDB) Group, is to give loans and grants totaling 167.8 million Units of Account (UA), about US$263.76 million, to Kenya, Madagascar and the Gambia
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