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News in 'Economy' section

Togo rising unemployment & underemployment rates

April 11, 2012 President Faure Gnassingbé of Togo

Togo and its development partners are currently engaged in talks to discuss the country’s rising unemployment figures. 

Stage set for Mali Speaker to take power from junta

April 9, 2012 Ex-President Amadou Toumani Toure of Mali

The stage has been set for the Malian junta’s departure and the induction of the Speaker of parliament Diounconda Traore as interim head of state, after ousted President Amadou Toumani Toure’s formal resignation.

Celebrating ageing and healthy lifestyle

April 7, 2012 Older people leading healthy lives

Countries around the world are on Saturday April 7 celebrating World Health Day around the theme, ageing and health.

Mali Speaker to head interim govt. as junta quits

April 7, 2012 Mali coup leader Capt Amadou Sanogo

Mali’s speaker of parliament is to head an interim government, as Captain Amadou Sanogo and his military junta have agreed to finally hand over power to civilian authority.

Under the deal spearheaded by the sub-regional bloc, ECOWAS at the weekend, the Speaker of Mali’s parliament Diounconda Traore will organize elections 40 days after taking office.

"Africa dumping ground" for substandard goods--UNIDO

April 6, 2012 UNIDO boss Kandeh Yumkella

The Director General of the UN Industrial Development Organization, UNIDO, Kandeh Yumkella has said “Africa is becoming the dumping ground” for every product that is bad and substandard.

ECOWAS sanctions taking hold in Mali

April 4, 2012 Capitaine Sanogo et ses homes

As the ECOWAS sanctions begin to hold, the African Union has imposed its own sanctions on Mali’s coup leaders, including travel ban and asset freeze on the coup leaders. 

Senegal changes guard today, huge expectations for Sall

April 2, 2012 G-D Le  président sortant Abdoulaye Wade et Macky Sall,  le nouveau

How long will Sall’s honeymoon last?

A change of guard takes place on Monday at the presidential palace in Senegal’s capital, Dakar, as power shifts from President Abdoulaye Wade to incoming President Macky Sall, terminating the 85-year old Senegalese leader’s 12-year rule.

Mali junta leader now calls for dialogue

March 30, 2012 Le capitaine Amadou Sanogo, chef de la junte Mali

Latest reports from Bamako say the head of Mali’s Junta, Captain Amadou Sanogo says his administration is prepared for dialogue.

Speaking to Journalists in the capital on Friday, Captain Sanogo called on ECOWAS to help the Malian army in defeating the rebel insurgency in northern Mali. 

Extortion, bad roads hurt cross border trade in MRU Basin

March 30, 2012 Mano River bridge

Trade in the Mano River Union (MRU) Basin and neighboring countries in the wider ECOWAS region is said to have taken the downward turn in recent months, an executive of the Liberian Chamber of Commerce (LCC) has said.

African economist chides AU for over playing growth figures

March 29, 2012 Prof Mamadou Gaye of BEM

An African economist, Prof.  Mamadou Gaye has cautioned against celebrating growth rate figures in Africa, saying that they don’t necessarily reflect real growth on the continent.