21-Jan-2020 to 06:55

Eskom woes weighing down on S/Africa’s economy – IMF

APA-Johannesburg (South Africa) — South Africa’s power utility Eskom’s poor performance has negatively affected economic output and lowered investor confidence in the country, according to the International Monetary Fund’s (IMF) latest assessment of the local economy on Monday.

Read more

20-Jan-2020 to 23:12

UK-Africa trade hits £33 billion-AfDB

APA-Dakar (Senegal) — Trade between the United Kingdom and Africa in 2018 reached £33 billion, the African Development Bank (AfDB) announced.

Read more

20-Jan-2020 to 16:58

London Summit will be no different from the rest!

APA - Dakar (Senegal) — Everything will be said and done about the UK-Africa Investment Summit which opened in London on Monday, January 20. With the Great Britain/Africa Summit, all the five members of the Security Council (United States, China, France, Great Britain, and Russia) therefore have their very high level individual meeting with the African continent.

Read more

20-Jan-2020 to 12:22

After Brexit, UK setting sight on Africa

APA - Dakar (Senegal) — With the UK’s looming exit from the European Union scheduled for the end of January, London wants to strengthen its economic ties with the rest of the world, as shown by this first summit to which the British authorities convened on Monday January 20, several African heads of state and government.

Read more

17-Jan-2020 to 14:55

Cameroon: Apex bank tightens banking transparency measures

APA - Yaoundé (Cameroon) — The Bank of Central African States (BEAC) has threatened heavy administrative and pecuniary sanctions on all credit institutions in the sub-region that would shy away from regulations requiring them to transmit data from their treasury to its services.

Read more

17-Jan-2020 to 12:34

Liberia: Cemenco’s FDI restores economic confidence-President

APA-Monrovia (Liberia) — The willingness of the manufacturing firm Cemenco to continue to make foreign direct investments (FDI) in Liberia indicates a significant vote of confidence in the stability and safety of the country’s investment climate, President George Weah has said.

Read more

16-Jan-2020 to 17:13

Uganda protests to Kenya over impounded milk products

APA-Kampala (Uganda) — The government in Kampala has issued a protest note to Kenya on Thursday expressing deep concern about what it called illegal seizures of Ugandan made milk and milk products under Lato brand, causing heavy financial losses to the company.

Read more