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Nigeria's debts hit USD63.5bn: government

LAGOS, NIGERIA: Nigeria's total debts stood at 12.06tn naira ($63.5bn) at the end of March this year, up from 11.2tn naira in December 2014, the Debt Management Office (DMO) said on Wednesday.

2 Jul 2015 10:37

SADC vows to meet 2016 DTT deadline

WALVIS BAY, NAMIBIA: The Southern African Development Community (SADC) countries that are still using the analogue broadcasting signal are committed to migrate to digital broadcasting by June 2016...

By Nthambeleni Gabara 29 Jun 2015 09:05

AU Summit put Africa on new growth path - Cabinet

PRETORIA: The resolutions adopted at the 25th African Union (AU) Summit, held in Sandton, at the beginning of the month, have been welcomed by Cabinet...

25 Jun 2015 16:22

AU observers to oversee poll in Burundi

The African Union (AU) has announced that it will soon dispatch a 50-member observer mission to Burundi to assess the presidential elections scheduled for 15 July in that country. Parliamentary vote will be held on June 19.

17 Jun 2015 09:08

Africa leaders sign 'Cape to Cairo' free trade bloc deal

SHARM EL-SHEIKH: African leaders signed Wednesday a 26-nation free trade pact to create a common market that would span half the continent from Cairo to Cape Town.

12 Jun 2015 07:48

AU Summit to take gender equality to new heights

PRETORIA: The 25th African Union Summit is expected to take decisions that will take issues of gender equality and women's empowerment to new heights, says Minister in the Presidency responsible for Women, Susan Shabangu...

11 Jun 2015 09:02

26 African nations sign deal on common market bloc

SHARM EL SHEIKH - Leaders from 26 African countries signed a potentially historic free trade deal in Egypt Wednesday to create a common market spanning half the continent.

11 Jun 2015 08:33

SEPCO III approves Tanzanian project: Kibo Mining

Kibo Mining, the Tanzania-focused mineral exploration and development company, said on Tuesday the joint development agreement it signed recently with SEPCO III had now been approved by the SEPCO III board.

10 Jun 2015 07:59

Africa officials say trade deal ready for signing

SHARM EL SHEIKH - Senior African officials negotiating a trade deal in Egypt to create a common market across half the continent said on Monday the pact was ready to be signed.

9 Jun 2015 11:56

Africa Progress Panel report: Africa's leaders need to start an energy revolution

African governments, investors, and international financial institutions must significantly scale up investment in energy to unlock Africa's potential as a global low-carbon superpower...

5 Jun 2015 08:35

SAP Africa partners with BMZ to facilitate fresh economic prospects for Africa

SAP Africa announced its participation in a partnership with the BMZ. Titled "Digital Africa", the project is focused on how new technologies and innovative solutions will determine the future for Africa....

4 Jun 2015 07:41

EOH acquisition expands African footprint

Technology group EOH announced on Thursday it was acquiring an equity stake of between 49% and 80% of Twenty Third Century Systems (TTCS) and its subsidiaries, as the group seeks to expands its African footprint further...

4 Jun 2015 13:20

Multinational companies cheat Africa out of billions of dollars

Africa was cheated out of US$11bn in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, 'Africa: Rising for the few.'

4 Jun 2015 10:12

Nigeria anti-graft agency arrests over 20 bankers for fraud

LAGOS: Nigeria's anti-corruption agency has arrested six senior officials from the country's central bank and 16 from commercial banks over alleged currency fraud, a spokesman told AFP on Monday...

3 Jun 2015 10:25

DATA Report 2015: Putting the Poorest First

ABIDJAN: A new funding plan to deliver basic health and education for everyone is essential to end extreme poverty, according to The ONE Campaign's DATA Report 2015: "Putting the Poorest First,"...

1 Jun 2015 09:16

Nigeria's Akinwumi Adesina voted new Africa bank chief

ABIDJAN: Nigeria's outgoing agriculture minister Akinwumi Adesina won the vote Thursday to become the new president of the African Development Bank, official results showed...

1 Jun 2015 08:07

Deal reached to end crippling Nigeria fuel crisis

ABUJA - Agreement was reached on Monday to end a crippling fuel crisis in Nigeria that had left the country at a virtual standstill just days before a new government is installed...

26 May 2015 14:17

SA, Botswana agree to work on digital migration

With the imminent ITU deadline, South Africa and Botswana have agreed to cooperate in mitigating cross-border radio frequency spectrum interference...

By Nthambeleni Gabara 25 May 2015 15:05

Modernising local economies important for Africa's future

With Africa's population set to triple by 2050, modernising local economies will be vital to make the continent more competitive and to increase people's living standards, according to the African Economic Outlook 2015...

25 May 2015 11:21

Launch of African Economic Outlook 2015

The African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP) will publish their joint African Economic Outlook 2015...

22 May 2015 08:29

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