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Egyptian policy makers are weighing plans to raise 1.5 billion euros from the country’s first sale of euro-denominated bonds, Finance Minister Amr El-Garhy said. The possible sale would happen before the end of November, El-Garhy told Bloomberg News in the …
Continue readingThe head of South Africa’s state-owned pension fund dismissed as spurious allegations made by a newspaper on Friday that he had misused funds and improperly raised salaries for some executives.
Daniel Matjila has been chief executive officer of Public Investment …
Continue readingStudents for Liberty is the largest student movement for liberty in the world! SFL is a movement of young advocates for liberty and free markets. This year African Students for Liberty shall host a series of conferences between October and …
Continue readingNigeria’s vice president, Yemi Osinbajo, says the federal executive council has agreed to concession the Murtala Muhammed Airport, Lagos and Nnamdi Azikiwe Airport, Abuja. He made this known on Monday while speaking at the fifth edition of the presidential quarterly …
Continue readingThe presidency in Benin says it will not pay the utility bills of former heads of state any more, reports the BBC. It said the former presidents living in Benin should pay their own bills using other allowances they receive.…
Continue readingTogolese authorities blocked Internet access on Thursday as opponents of President Faure Gnassingbe marched for a second day against his family’s 50-year rule.
Hundreds of protesters began marching from the opposition stronghold of Be towards a meeting in central Lome …
Continue readingAfrica’s two biggest economies likely emerged from recession in the second quarter but strong growth won’t show up until business confidence is restored, a Reuters poll suggested on Friday. Nigeria and South Africa have both benefited from a recovery in …
Continue readingIvory Coast’s cocoa regulator forecast the nation may lose a fifth of its cocoa crop to smuggling during the next harvest if neighboring Ghana refuses to cut payments to farmers after international prices fell, according to a person familiar with …
Continue readingThe International Monetary Fund approved a one-year extension of its credit-facility program with Ghana, lengthening the lender’s economic oversight of the West African nation which is battling to keep spending under control. The country’s Eurobonds rallied.
The extension follows after …
Continue readingThe Kenya Supreme Court on Friday declared President Uhuru Kenyatta’s election win invalid due to irregularities committed by the election board and ordered a new election within 60 days.
“The declaration (of Kenyatta’s win) is invalid, null and void,” said …
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