Most Recent World News

Mozambique Economy Grows 5.9 Percent in Third Quarter

The Mozambican economy has grown by 5.9 percent in the third quarter of 2015 recent data on its statistics website has shown. This comes after an expansion by 5.7 percent.

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Congo Dr to Issue Bond Of $500 Million In 2016

As part of efforts to raise financing of investment project in the country, the Democratic Republic of Congo has recently announced that it will tap into the international debt markets.

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China to Cancel Zimbabwe’s $40 Million Debt

The Finance Minister of the Southern African countries Patrick Chinamasa, has stated that China is set to cancel about $40 million worth of Zimbabwe’s debt due to mature this year,.

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ETHIOPIA PLANS 950 MW ELECTRIC POWER FROM SUGAR DEV’T PROJECTS

Ethiopian Sugar Corporation has plans to produce 950 megawatts of electric power from its sugar development projects by the end of GTP II peroid.Corporate Communication Directorate Director of the Corporation,.

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RWANDANS APPROVE EXTENSION OF PRESIDENTIAL TERM LIMITS

Rwanda’s National Electoral Commission has recently declared that Rwandans voted overwhelmingly to support changes to the constitution that would allow President Paul Kagame to extend his term in office. Kagame,.

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CFAO OPENS FIRST AFRICAN MALL IN IVORY COAST

As part of a major drive to tap into the growth of Africa’s middle classes, French distribution group Comptoir Francais de l’Afrique de l’Ouest (CFAO), has recently opened its first.

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NIGERIA: NNPC TO AWARD NEW CRUDE-FOR-PRODUCT SWAP DEAL TO FOUR REFINERS

Nigerian state oil firm NNPC has recently said that it will award new crude for oil products swap agreements to leading refiners Total, Varo Energy, Cepsa and ENI. According to.

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Market Development Programme in the Niger Delta, MADE

Market Development Programme in the Niger Delta, MADE, a UK Department for International Development Funded programme, is leading one of the most ambitious integration in the Niger Delta of Nigeria.

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BIG SCORE: ETHIOPIA ACHIEVES MDG GOAL 7 TARGET C FOR PROVIDING SAFE WATER

Ethiopia has achieved the Millennium Development Goal (MDG) 7 target C for halving the number of people without access to safe water by 2015.Speaking at the 7th WASH multi-stakeholder forum.

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SOUTH AFRICA’S TREASURY PROPOSES LOWER EXCISE DUTY FOR BRANDY

South Africa’s Treasury has recently proposed a 10 percent cut in excise duties on brandy, saying the alcoholic spirit was at a cost disadvantage to competitors due to stringent regulations.

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