All Africa (Business)
Nigeria: Fly Nigeria Act Will Make Country Carriers Competitive
[This Day]
If passed into law, the planned Fly Nigeria Act will create huge market for Nigeria airlines that operate international destinations, boost their revenue and put them to reckoning among major airlines in the world.
Nigeria: Faan Calls On Airlines, Others to Settle N20 Billion Debts
[This Day]
The Federal Airports Authority of Nigeria (FAAN) has called on the airlines, concessionaires and government agencies owing it about N20 billion to pay up.
Mozambique: ENRC Planning New Railway for Coal Exports
[AIM]
Maputo -
The Kazakhstan-based company, the Eurasian Natural Resources Corporation (ENRC) is planning to build a railway from the western Mozambican province of Tete to the northern port of Nacala, according to its general manager, Paul Craven
Mozambique: Japanese Deputy Minister Seeks Licence for Nippon Steel
[AIM]
Maputo -
The Japanese Deputy Minister of Economy, Trade and Industry, Tadahiro Matsushita, has asked the Mozambican government to speed up the granting of a coal mining concession in the western province of Tete to the Nippon Steel Corporation.
Kenya: 'Gold Mining Beats School Any Day'
[IRIN]
Nyatike -
At a waterlogged gold mine in western Kenya's Migori District, 14-year-old Jacob*, one of 15,000 children toiling in the region's pits, scours the water for glistering flakes, a job he says beats going to school on an empty stomach.
Africa: Rigged: the Scramble for Oil, Gas and Minerals
[Global Witness]
The intensifying competition for commercial access to the world's remaining deposits of oil, gas and minerals brings with it a serious risk of exacerbating corruption and violent conflict.
Nigeria: Four Banks Among World Top 500 Brands
[This Day]
Four Nigerian banks - First Bank of Nigeria Plc, GTBank Plc, Zenith Bank and the United Bank for Africa Plc (UBA), had been ranked among the top 500 'World Bank Brands' in the February edition of The Banker magazine of the Financial Times Group, London, United Kingdom.
Egypt: WB Mission - We Trust Economy
[Egypt Online]
A World Bank mission, now visiting here, expressed confidence in the Egyptian economy on Wednesday 8/2/2012.
Egypt: Azhar, Awqaf, IFTAA House Renew Rejection of General Strike Calls
[Egypt Online]
Al-Azhar institution and al-Awqaf Ministry on Wednesday 8/2/2012 renewed their rejection of calls to enter into a general strike in Egypt on Saturday.
Nigeria: FG - Boko Haram is Killing North's Economy
[Daily Trust]
Incessant shootings and bombings by Boko Haram is retarding economic development in northern Nigeria, the Federal Government said yesterday, restating willingness for talks to end nearly two years of the sect's deadly campaign.
Africa: 'From Africa Always Comes Something Stupid'
[Daily Trust]
It is a character, appropriately called "Professor", in the late Ken Saro-wiwa's book Prisoners of Jebs, a book I consider one of the best satirical outputs to have come out of Africa, that made the remark which serves as the title of this piece.
Nigeria: Ribadu, ACN Disagree Over Appointment
[This Day]
Former chairman of the Economic and Financial Crimes Commission (EFCC) and presidential candidate of the Action Congress of Nigeria (ACN), Mallam Nuhu Ribadu, Wednesday said his acceptance of the offer as chairman of the 21-man Petroleum Revenue Special Task Force, was a decision he took in the interest of the nation.
Nigeria: Cashless Economy to Push Deposits up to N18 Trillion - Expert
[Daily Trust]
Lagos -
With the introduction of cashless policy by the central Bank of Nigeria, an economist, Bismarck Rewane has predicted that deposits in banks could rise to N18.5 trillion as against the current N16 trillion before the end of the year.
Liberia: Commending CSI Team for Its Continued Lives Saving Gesture
[Heritage]
Last week, a team of American medical personnel, under the banner of Children's Surgery International, completed a week-long working visit to the Firestone Medical Center in Duside, where over 95 children afflicted with various facial deformities and other pediatric conditions received free surgical operations. The medical team, which arrived on Wednesday, January 25, 2012, at the Roberts International Airport in Margibi County, began active surgical operations on Sunday, January 29, 2012, with beneficiari
Nigeria: Boko Haram - Hard Blow for Neighbouring Cameroon
[RNW Africa]
Since the closure of the border between Nigeria and Cameroon following recent attacks by the Islamist sect Boko Haram, economic activities in this northern border region have come to a grinding halt. For the many who now find themselves jobless, the closure of the border is an extreme measure. According to them, there are no Boko Haram insurgents in the area.
Nigeria: Naira Hits Five Week High On Subsidy Probe
[This Day]
The naira improved against the United States dollar at both the interbank and the Central Bank of Nigeria's (CBN) Wholesale Dutch Auction System (WDAS) segments of the forex market yesterday as demand for the greenback from oil marketing companies continues to diminish.
East Africa: Sudan Conflict Challenges Kenya
[African Arguments]
Kenya has, over the past few years, enjoyed cordial relations with Sudan: taking in countless refugees both from what is now South Sudan and from Darfur, including tens of thousands of Sudanese migrants in the vast Kakuma Refugee camp in its north west.
Africa: Oil Companies Lobby for Less Transparency
[Global Witness]
More transparency is needed in the oil, gas and mining industries to prevent the international scramble for Africa's natural resources from fuelling still deeper corruption and instability, according to a new report from Global Witness published today.
South Sudan: Govt in Talks With Texas Company On Oil Pipeline
[Sudan Tribune]
Dallas -
The government of South Sudan is in talks with a Texas-based company to explore options for building an oil pipeline which would serve as an alternative to the one passing through the territories of Sudan.
Africa: USAID Now Free to Buy Goods From Companies in Poor Countries
[Guardian Network]
London -
The US agency for international development, USAid, will no longer have to "buy American", thanks to a policy change that will open up the agency's contracts to firms in developing countries and could herald a significant shift in how the world's largest aid donor does business.
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