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Tuesday, November 17, 2015
Uphill task for Nigeria's new economic team
Nigeria finally has a government after a wait of more than five months but the new ministers have their work cut out to reverse a damaging slump in Africa's leading economy.
Sunday, November 15, 2015
The Russian plane crash in Egypt has forced hotels in Sharm el-Sheikh to send dozens of staff on "unpaid leave" as tourist numbers plunge, with tens of thousands of jobs at risk within months.
Saturday, November 7, 2015
African telecom giant battles Nigeria over fine
Africa's biggest telecommunications company is locked in a nasty battle in powerful Nigeria, with billions of U.S. dollars at stake.
Thursday, November 5, 2015
Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corp. announced Tuesday night.
Monday, November 2, 2015
Nigeria looks set to unbundle a long-awaited oil law to speed up its passage through parliament, potentially unlocking billions of dollars in frozen investments.
Friday, October 23, 2015
The International Monetary Fund (IMF) is pressing Nigeria to further devalue its naira currency amid uncertainty over the political and economic outlook for Africa's biggest oil producer and economy.
Tuesday, October 20, 2015
Egypt's central bank weakened the value of the Egyptian pound against the U.S. dollar Sunday for the second time in a week.
Monday, October 19, 2015
Agriculture exports 'boost Tunisia's economy'
Tunisia's tourism-dependent economy, badly affected by two deadly jihadist attacks on foreign tourists this year, has been helped along by olive oil and date exports, the finance minister said Friday.
Monday, October 12, 2015
Egypt signed a contract Saturday to buy two Mistral warships, whose sale to Russia Paris canceled because of the Ukraine crisis, a delegation member with the visiting French prime minister said.
Saturday, October 10, 2015
The rapid spread of cellphones across Sub-Saharan Africa is transforming the region, but record levels of growth are due to slow sharply, an industry report said this week.
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