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May 24, 2013
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News in 'Economy' section
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.
The Managing Director of the World Bank Sri Mulyani Indrawati has concluded a visit to Liberia, promising more support to the West African nation in the amount of US$240m for its development programmes over the next three years.
Indrawati promised that the Bank would remain “a strong and reliable partner of the government of Liberia.”
It seems that Sierra Leone’s President Ernest Bai Koroma has won the hearts of the country’s petty traders, who over the weekend staged what they called ‘’a million man march’’ in his support.
Liberia and Sierra Leone have agreed to jointly mobilize resources and speed up reforms aimed at improving their water and sanitation (WASH) sector, which is in dire need of improvement.
Reports say three African countries have endorsed the nomination of Nigeria’s Finance Minister Ngozi Okonjo-Iweala to become World Bank President.
Sierra Leone’s authorities have seized six fishing trawlers allegedly fishing illegally in the country’s territorial waters.
The country's Atlantic coastline is 402 kilometers.
The Nigerian government has formally taken delivery of its Communications Satellite, NigComSat-1R from China, a replacement for NigComSat-1 Satellite which fell from orbit in 2007.
Countries of the Mano River Union (MRU), who have are developing a common border security policy, have now adopted a joint action plan.
By the time Liberia’s former robust Auditor-General John Morlu’s contract was not renewed by President Ellen Johnson-Sirleaf last year, there were a number of audit reports pointing to widespread corruption in various government ministries and agencies.
The Gambian government’s recent appeal for food aid due to serious crops failure is starting to get some attention, as thousands of people are said to be in urgent need of food and safe drinking water.