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This week experts, analysts and thought leaders will gather in Johannesburg to discuss prevailing economic realities of Africa as a continent and chart a new, sustainable path for future prosperity. The 2017 Africa Liberty Forum, organized by the Atlas Network, …
Continue readingTanzania’s anti-graft watchdog said on Thursday it had frozen the assets of its chief accountant and planned to charge him with corruption, part of an aggressive anti-graft drive in which thousands of officials have already lost their jobs.
President John …
Continue readingGeneral Electric (GE) plans to launch a repair and service plant for power turbines and has invested over $100 million, its local CEO said, as it seeks to tap growing demand for gas-fired power plants in Africa’s biggest economy.
Lazarus …
Continue readingNigeria will process all tourist and business visas within two days, the vice president’s office said on Friday, as Africa’s largest economy, mired in recession, tries to improve the ease of doing business in the country.
Applicants will be notified …
Continue readingThe International Monetary Fund (IMF) has reviewed its stance on the economy of South Africa, for the 2017 fiscal year, stating that the economy will grow by one percent.
Earlier in the year, the IMF said Nigeria and South Africa, …
Continue readingA Chatham House report launched on Wednesday Abuja has estimated that at least $480 billion was stolen by corrupt officials between 1960 and 2004 .Chatham House, the Royal Institute of International Affairs, is an independent policy institute based in London.
The European Union (EU) says it is changing its attitude towards Africa, from the aid handout mode to one of a mutual partnership.
The EU’s foreign policy chief Federica Mogherini held a meeting with her African Union (AU) counterpart, Moussa …
Continue readingNigeria has been identified as one of the top five countries for growth acceleration for 2018. Other countries in the group include Kuwait, Oman, Kazakhstan and Tunisia.
The Global Chief Economist at Renaissance Capital, Charles Robertson, who made this forecast …
Continue readingThe U.S. government has suspended $21 million in direct aid to Kenya’s Ministry of Health amid concern over corruption, the embassy said on Tuesday, giving emphasis to an issue that is a growing liability for the government before August elections.…
Continue readingSouth Africa will give its ailing state airline SAA a cash injection this year but how much it will get has not yet been decided, outgoing Treasury director general Lungisa Fuzile said on Tuesday.
Many of South Africa’s 300-odd state-owned …
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