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News in 'Economy' section

Sirleaf hurries to please Liberians, launches 150-day Action Plan

February 29, 2012 Liberia President Sirleaf launching Action Plan

Well over one month after taking office for a second six-year term following a bitter runoff election boycotted by the main opposition CDC party, Liberia’s President Ellen Johnson Sirleaf has launched a 150-day Action Plan.

Mali: 2 million women to benefit from CFA 14bn WB help

February 28, 2012 Malian women and children

The World Bank is providing Mali with 14 billion CFA Francs to improve the country’s access to reproductive health services.

More than two million women in three regions of Mali are being targeted.

Benin govt threatens striking teachers with pay cut if…

February 28, 2012 An empty classroom in Benin

After negotiations between Benin’s government and striking teachers failed last weekend, Benin’s Prime Minister has held another meeting with union officials threatening pay cut if they don’t end their nearly two-month-old strike.

Land grabbing in Africa: Who’s benefiting?

February 27, 2012 Ms. Anuradha Mittal of Oakland Institute

An expert on land grabbing and Executive Director of the Oakland Institute, Anuradha Mittal has described as “appalling” the issue in Sierra Leona and Africa as a whole, in an interview with West Africa Democracy Radio (WADR).

Anti-graft body indicts ex-police chief, as Liberians speak on oil find

February 24, 2012 IFrances Johnson Morris - Chairperson LACC

The Liberia Anti-Corruption Commission (LACC) has confirmed that former Inspector General of the Liberia National Police (LNP), Beatrice Munah Sieh-Brown and four others have been indicted for 'acts of corruption'.

A writ of arrest has also been issued for the accused, the commission said in a press statement.

Sierra Leone: US$40m in private pockets due to procurement flaws

February 22, 2012 TI logo

Studies show that appropriate procurement reforms could save Sierra Leone’s government an estimated US$40m a year, money which allegedly ends up in private pockets due to improper procurement procedures.

Liberia oil firm optimistic of ‘’potentially significant discovery’’

February 21, 2012 Dr Randolph McClain, NOCAL CEO

Liberia has said a ‘’potentially large accumulation of oil deposit’’ has been discovered off the country’s coast.

“This news is good news for Liberia, and we are cautiously optimistic.  We do not yet really know how much is down there. But we know, according to African Petroleum, that this discovery is of very good to excellent quality oil,’’ said Dr. Randolph McClain, President of the state-owned National Oil Company of Liberia (NOCOL).

Huge influx from Mali fighting worsens hunger in Niger

February 20, 2012 A field in Niger stuck by drought

Plan International has said ‘’aid efforts to fight hunger in Niger ‘’is being complicated’’ by the large influx of refugees fleeing fighting in northern Mali, with cases of malnutrition already appearing in the western region of Tillaberi hosting over 20,000 refugees.

Pre-election fireworks from Ghana main opposition NPP

February 20, 2012 L-R President Atta Mills and NPP flagbearer Akufo-Addo

Ahead of December's elections in Ghana, the campaign atmosphere is heating up with the two most dominant political parties---the ruling National Democratic Congress, NDC and the main opposition New Patriotic Party, NPP, going at each other’s throat.

Sierra Leone loses US$30m from illegal fishing

February 20, 2012 Vessels of various sorts ply Sierra Leonean waters

Illegal fishing in Sierra Leone’s territorial waters is costing the country US$30 million in lost revenues annually.

The country has a coastline of 120 sq kilometers.