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    11-Oct-2018 to 10:47

    Kenya’s economy poised to rise to 5.7 percent in 2018 - World Bank

    APA-Nairobi (Kenya) — Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7 percent in 2018 - up from 4.9 percent in 2017 - and continue to increase steadily to 5.8 percent in 2019, and 6.0 percent in 2020, the World Bank’s 18th Kenya Economic Update released on Thursday revealed.

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    11-Oct-2018 to 07:32

    Charge culprits in S/African bank fraud case – Report

    APA-Pretoria (South Africa) — A forensic report into South Africa’s embattled VBS Mutual Bank has recommended that criminal charges should be laid against individuals alleged to have looted US$154 million from the financial institution, according to the South African Reserve Bank (SARB).

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    10-Oct-2018 to 20:56

    AfDB talks up Namibia’s development potential

    APA-Windhoek (Namibia) — The construction of a new container terminal at the port of Walvis Bay on Namibia’s west coast which is due for completion in June 2019 will position the country as a regional logistic hub and gateway to international markets, says the Africa Development Bank (AfDB).

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    10-Oct-2018 to 17:57

    EU urges swift probe of Liberia's missing billions

    APA-Monrovia (Liberia) — The European Union (EU) says “it’s important that a full, complete and transparent investigation is carried out and finished as soon as possible” into allegations that nearly $16 billion Liberian dollars recently went missing.

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    10-Oct-2018 to 14:52

    Creditors endorse Zimbabwe’s economic stabilisation plan – Minister

    APA-Harare (Zimbabwe) — The International Monetary Fund, World Bank and other international financial institutions and creditors have endorsed Zimbabwe’s economic stabilisation plan, Finance Minister Mthuli Ncube said on Wednesday.

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    10-Oct-2018 to 10:27

    S/Leone rescinds controversial Chinese airport project

    APA-Freetown (Sierra Leone) — The Sierra Leone government has terminated a proposed new airport project funded by China, saying it was unnecessary.

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    10-Oct-2018 to 09:16

    Zimbabwe gov’t cracks whip on price hikes

    APA-Harare (Zimbabwe) — The Zimbabwean government has threatened to cancel operating licences for businesses that have hiked prices of basic commodities in the aftermath of last week’s joint monetary and fiscal policy announcement.

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