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Monday, March 31, 2014
Booming demand for shea helps reduce poverty
The fruit of the shea tree has long been considered sacred by many in Western Africa because of its myriad health benefits.
Monday, March 24, 2014
The African Export-Import Bank on Saturday announced a US$100 million (72 million euro) loan to Zimbabwe's banking sector to ease a credit crunch that has deepened the country's economic woes.
Monday, March 17, 2014
Sometimes a bridge is more than just a bridge. After years of delays and empty promises, Nigeria has finally begun work on a new bridge across the vast River Niger, connecting states in the southeast to major commercial hubs in the southwest.
Monday, March 3, 2014
Nigeria has lined up a relative unknown to head its central bank after the outspoken former governor was suspended, causing shockwaves in Africa's second-largest economy and markets to wobble.
Monday, February 17, 2014
While African mining firms continue to enjoy the fruits of the commodities super-cycle, weaknesses in South Africa's crisis-hit sector is attracting the attention of bargain hunting investors.
Monday, February 10, 2014
Business booms for small Kenyan running town
Take a tour around the small Kenyan town of Iten and the scene is something of a who's who of the athletics world.
Ivory Coast is winning the stripes of an African tiger with economic growth of nearly 10 percent less than three years after a bloody crisis, but this performance depends on continued peace and stability.
Africa's biggest oil producer Nigeria is facing questions about where billions of dollars in oil money is going, amid suspicions of fraud and it being siphoned off to fund election campaigns.
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Monday, February 3, 2014
Niger's government and French nuclear giant Areva are engaged in tough talks on the future of uranium mining in the west African country, whose leaders want more money from the resource to help pay for development.
Saturday, February 1, 2014
Libya's sovereign wealth fund is suing banking giant Goldman Sachs for “deliberately exploiting” its position to make US$350 million profit on US$1 billion worth of failed derivative trades, London's High Court announced Thursday.
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