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News in 'Economy' section

Nigeria: More anger over gov’t plan to cut fuel subsidy

December 14, 2011 President Goodluck Jonathan, Nigeria

The Nigerian government’s plan to cut subsidies of petroleum products continues to enrage a large segment of the population, with warning that it could trigger protest.

 

Senegal, Mali agree to end cross-border harassment of travelers

December 13, 2011 Senegal-Mali frontier

Customs harassment on the highway linking Senegal to Mali will soon be a thing of the past.

The issue was once again at the center of talks between Malian and Senegalese authorities at the just ended 20th edition of the international trade fair of Dakar, where Mali was one of the guest countries.

Ghana assures no war with Ivory Coast over oil rich borders

December 12, 2011 Ghana offshore oil drilling

Ghana says it will not go to war with Ivory Coast over the disputed land boundaries rich in oil deposits. Some of the places in dispute are offshore area where oil is either being drilled or explored.

Ivorian authorities have  accused Ghana of exploring oil on its territory, but Ghana has disputed the claims. WADR’s Accra Correspondent Kofi Agyepong says this has raised tension, with people fearing a looming war between the two West African nations.

WFP Sahel food crisis alert, as Plan Int’l urges long-term support

December 10, 2011 A peasant farmier in his rice farm

The World food Programme (WFP) warns of a looming food crisis in the Sahel region in West and Central Africa, while the charity Plan International has stressed the need to “focus on long-term support as well as emergency aid.”

Nigeria: Kerosene price hike sparks complaints

December 9, 2011

The sudden jump in the price of Kerosene in Nigeria, is affecting supplies, with many complaints from citizens.

Ghana: Oil firms worried, amid Ivory Coast border demarcation talks

December 7, 2011

Reports from Ghana on Tuesday spoke of uncertainty in demarcation of offshore boundaries with neighbouring Ivory Coast, which have oil deposits.

Global Witness’ pull out of “blood diamonds” scheme raises questions

December 7, 2011 Des petites coupes de diamant

This week’s decision by the campaign group, Global Witness to pull out of the Kimberley international diamonds certification process, accusing governments around the world of lacking the political will to address the clear links between diamonds, violence and tyranny, has raised eyebrows.

Mali bracing itself for imminent food crisis

December 1, 2011 Mali President Amadou Toumani Toure

This year’s agricultural campaign in Mali did not meet all the expectations.

This year’s food harvest has yield only 5 million tons,, whereas there was a projection of 8 million tons.

Big increase in S. Leone budget to push infrastructural development

November 28, 2011 President Ernest Bai Koroma of Sierra Leone

The Sierra Leonean government of President Ernest Bai Kromah has increased the national fiscal budget, with more money being allocated to infrastructural development in 2012.

The President’s development platform code named, Agenda for Change will be entering its fifth year and the final year of his first term in office.

Ghana Opens New Data Storage Center to boost Bonds Market

November 25, 2011 John Atta Mills,Président du Ghana

The Ghanaian government cut the sod for the construction of the first-ever National Data Centre for the country.