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Nigerian Speaker Drops Presidential Bid

The Speaker of the House of Representatives, Aminu Tambuwal, has given up his ambition to contest the 2015 presidential election on the platform of the All Progressives Congress, APC, his.

UK Government Drawing Up £30bn of Spending Cuts for Post-General Election 2015

Cabinet insiders are claiming that the UK Treasury has charged senior Whitehall officials with the task to see where the government can cut £25bn-£30bn of spending, which are intended to.

South Africa President Jacob Zuma Investigated by Police Over $23m Luxury Mansion Overhaul

South African police are investigating President Jacob Zuma for allegedly using $23m worth of taxpayers’ money to refurbish his private home, say parliamentary papers. South African police authorities confirmed that.

Will Africa’s Transportation Infrastructure Development Be Sustainable?

Strong transportation infrastructure can be a boost for jobs, economic development and quality of life. But the condition of roads, railways and ports has long been slowing local business and.

Brazil’s Telecom Company Oi, Dismisses Africa’s Richest Woman Bid For Portugal Telecom

Brazilian telecom company Oi said on Monday it would push ahead with plans to take over the operational assets of Portugal Telecom, dismissing a gambit by Angolan businesswoman Isabel dos.

Nigeria’s Foreign reserve now $38bn — Okonjo-Iweala

The nation’s foreign reserve currently stands at $38 billion, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, disclosed yesterday. Speaking at the Public Affairs Forum,.

New Development Financing Models for Africa

By Bunmi Oloruntoba If Africa’s growth and dynamism is to be sustained, the continent’s ability to finance future infrastructure development cannot be left to vagaries of foreign aid allocations but.

Zimbabwe Vice President Working With TheOpposition To Dislodge President Robert Mugabe From Power

VICE-PRESIDENT Joice Mujuru is working with the MDC-T to dislodge President Robert Mugabe from power, a Zanu PF MP said on Sunday. Justice Mayor Wadyajena, the MP for Gokwe-Nembudziya, told.

10 Things You Didn’t Know About The Late Zambian President Michael Sata

Zambia’s fifth president, Michael Sata, died Oct. 28, 2014, after rumors circulated for months that he was ill. Aged 77, Sata led Zambia since his election in September 2011 as the leader.