West Africe Democracy Radio - Promoting DialogueListen Live
May 18, 2013
WADR on TwitterFollow us
Search in Archive
News in 'Economy' section
As Sierra Leone braces itself to exploit its new found oil wealth, President Ernest Bai Koroma has launched the scoping report for the strategic Environmental Assessment of the Oil and Gas Sector.
Insecurity triggered by the wave of Boko Haram bombings in parts of Nigeria is having a negative impact on the country’s capital market, the Director General of the Securities and Exchange Commission, Arumna Oteh has said.
Operatives of Nigeria’s Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies are set to take part in a three-week investigative public hearings at the House of Representatives on the activities of the Capital Market.
The Liberian government has admitted that the management of the multi-million US dollars County Social Development Funds (CSDF) is flawed.
Gambian President Yahya Jammeh has summoned his cabinet to an emergency meeting today, Monday to discuss the developing food crisis, after his country appealed for food aid due to crops failure.
Serious food crisis is coming closer to home in the West African sub-region, with Gambia asking for aid, while Oxfam calls for urgent action to stop the Sahel drought.
In a message to mark International Women’s Day, United Nations Secretary General Ban Ki-moon has said “while tremendous progress has been made, no country can claim to be entirely free from gender-based discrimination.”
The Western Area Peninsula rain forest reserve in Sierra Leone is currently being threatened by human activities, such as charcoal burning, construction works, felling of virgin trees, environmentalists have alarmed.
The World Bank has said it’s giving big support towards Ivory Coast’s reconstruction process.
It has already given Ivorian authorities a financial package of about 125 billion CFA Francs.
A new report released by a leading Liberian watchdog group has said “more than US$300 million could be lost to corruption and mismanagement if the government of Liberia fails to reform the County Social Development Funds (CSDF) contributed by mining companie