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LATEST Africa  

Nigeria central bank cuts interest rates

24 Nov 2015 /  Julia Payne and Camillus Eboh, Reuters  
For first time in six years.

Boy dies of Ebola in Liberia, first such fatality in months

24 Nov 2015 /  Reuters  
World Health Organisation (WHO) has twice declared the West African nation to be Ebola-free.

El Nino floods could displace 100 000 in Ethiopia – UN

23 Nov 2015 /  Aaron Maasho, Reuters  
Aid agencies say Ethiopia needs $600m.

Gunmen attack luxury hotel in Mali capital

20 Nov 2015 /  Tiemoko Diallo, Reuters  
Eight people freed after group takes 170 hostage.

Nigeria stands by $5.2bn fine for MTN

16 Nov 2015 /  Reuters   2
Operator has been in talks with high-ranking officials for the past two weeks in a bid to reduce the fine.

Africa’s richest man resigns from Dangote Flour

16 Nov 2015 /  Reuters   1
As Tiger Brands cuts funding.

Fed suspense grips Africa central banks in final policy move

16 Nov 2015 /  Rene Vollgraaff, David Malingha Doya and Moses Mozart Dzawu, Bloomberg  
Many countries expected to keep policy unchanged in anticipation of the Fed's move.

Minigrids seen as answer for 620m Africans without power

16 Nov 2015 /  Anna Hirtenstein, Bloomberg  
Minigrids distribute power to villages instead of whole nations.

Namibia’s trade deficit doubles to $740m in Q3 2015

12 Nov 2015 /  Reuters  
Consumer inflation quickens to 3.4% in October.

MTN finally provides some clarity to shareholders

10 Nov 2015 /  Patrick Cairns   6
Dabengwa resignation a 'step in the right direction'.

PPC’s Rwanda unit boosts production by 25%

9 Nov 2015 /  Saul Butera, Bloomberg  
To cater for increasing demand as growth accelerates.

FastJet says Africa expansion held back by protectionist states

2 Nov 2015 /  Godfrey Marawanyika, Bloomberg  
“Liberalisation has to come within Africa”

Zimbabwe runs out of funds to contain outbreak of Foot and Mouth

30 Oct 2015 /  Chengetai Zvauya, Bloomberg  
Government veterinarians have so far vaccinated 410,000 cattle against FMD at a cost of about $2 per head.

India plays catch-up in Africa as China trade dominates

27 Oct 2015 /  Natalie Obiko Pearson, Bloomberg  
India’s biggest trading partners on the continent are Nigeria, South Africa and Angola.

Africa must allow currencies to fall to absorb shocks – IMF

27 Oct 2015 /  Xola Potelwa, Bloomberg  
'Monetary policy should only respond to second-round effects,' it says.

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