02-Jun-2020 to 17:44

Top Namibian newspaper restructures amid recession, COVID-19 headwinds

APA-Windhoek (Namibia) — Namibia’s largest newspaper announced on Tuesday that it is embarking on a restructuring exercise that will see it cutting jobs and reviewing benefits for employees.

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02-Jun-2020 to 13:41

Ethiopia’s year−on−year inflation hits 22.9 percent

APA-Addis Ababa (Ethiopia) — Ethiopia’s year−to−year inflation has hit 22.9 percent in April 2020, the highest since 2012, with price increases continuing to be broad−based, according to Ethiopian Central Statistics Agency.

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29-May-2020 to 16:51

Ethiopia to clear land for GERD’s reservoir

APA-Addis Ababa (Ethiopia) — Ethiopia on Friday announced preparedness to deploy more than 2,000 youths to clear the land for the reservoir of controversial dam it is building over Nile.

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28-May-2020 to 14:55

Nigerian apex bank reduces monetary policy rate to 12.5%

APA – Lagos (Nigeria) — The Central Bank of Nigeria has reduced its monetary policy rate to 12.5 percent, down from 13.50% as part of efforts to combat the economic effects of the coronavirus pandemic.

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28-May-2020 to 14:49

AfDB president Adesina fights back, denies corruption accusations

APA-Rabat (Morocco) — The president of the African Development (AfDB), Akinwumi A. Adesina, has firmly rejected the accusations of prevarication alleged of wrongdoing raised against him by a group of anonymous “whisteblowers”.

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27-May-2020 to 18:46

Ethiopia, Kenya claim biggest benefits from AGOA - Report

APA-Addis Ababa (Ethiopia) — Ethiopia is among the leading countries in the East African region in its use of the Africa Growth Opportunity Act (AGOA) treaty with the United States.

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26-May-2020 to 23:10

Morocco named most integrated African country in macroeconomics

APA-Rabat (Morocco) — Morocco is the most integrated African country in macroeconomics, according to the 2019 edition of the Africa Regional Integration Index (ARII) by the United Nations Economic Commission for Africa (UNECA), the African Development Bank (AfDB) and the African Union Commission (AUC).

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