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Nigeria, Cameroon and Sierra Leone in fishing projects
FREETOWN — Three West and Central African countries on Saturday agreed to implement two competitive projects on fisheries and aquaculture for a three-year period starting…
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Gold: good for Mali and Papua New Guinea
The latest gold rush is on. And among its biggest beneficiaries are emerging market economies with big gold mining sectors. As the table below shows,…
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Niger to start oil production in Q1 next year – PM
NIAMEY, June 16 (Reuters) Niger will produce its first barrel of oil in the first quarter of 2012 and will build a pipeline linking the…
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Africa’s progress belongs to Africa: Overseas Development Institute
‘Progress in African development happens best when it is led by African states and citizens’ is the message from a new global research project released…
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Sime Darby to Invest $3.1 Billion in Liberia: Reuters
Malaysia’s Sime Darby Bhd. (SIME) will spend about $3.1 billion on its Liberia oil palm project over the next 15 years and expects output to…
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Research: Finding out why African banks lend so little
International donors provide large amounts of financial capital to Africa in the form of aid and grants, but there are also large financial flows in the opposite direction. Many African banks invest large sums abroad and lend relatively little to local businesses. This column explains that this is because many banks suffer from a shortage of information about the creditworthiness of some of their customers.
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Ghana’s Economy to Expand 13% After Start of Oil, IMF Says
March 1 (Bloomberg) — Ghana’s economy will grow by 13 percent this year, more than twice the rate of 2010, boosted by both oil and…
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Growing African Middle Class is Potential Source of Political Stability
The middle class has been at the forefront of demands for political change in Tunisia and Egypt. Now, a growing middle class south of the…
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Anadarko pulls out of Ivory Coast
Anadarko Petroleum Corp. has suspended its limited operations in Ivory Coast, citing the continuing violence and instability in the wake of disputed November elections, according…
