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News in 'Economy' section

African leaders call for reassessment of MDGs

September 10, 2011

African leaders from fragile and conflict-affected countries are calling for a reassessment of the Millennium Development Goals and new approaches to development in Africa.

Nigeria urged to take lead in Africa's corruption fight

September 6, 2011

Liberian President Ellen Johnson-Sirleaf has called on Nigeria to take the lead in the continent’s anti-corruption war for other African countries to follow, as her counterpart Goodluck Jonathan has vowed his administration will not shield any corrupt person from investigation or prosecution by the country's anti-graft agencies.

How Nigerians grappling with high cost of living

September 5, 2011

The global economic crisis is making life difficult for people across Africa.

In Nigeria---Africa’s most populous nation---people are feeling the pinch of the economic crisis, with the situation particularly pronounced in the capital, Abuja.

Sierra Leone on verge of getting high speed internet

September 5, 2011 President Ernest Bai Koroma, S. Leone

Sierra Leone is well on the road to transforming its telecommunications infrastructure.

Rise in electricity, water tariffs annoying Ghanaians

August 31, 2011

Ghanaians have been complaining about the latest increase in electricity and water tariffs by the authorities.

Ghana’s cocoa harvest exceeds 1mln tons in 2010-11

August 27, 2011 Cocoa

Ghana’s cocoa harvest has exceeded one million metric tons for the first time, as increased fertilizer use and pest and disease control spurred output in the ongoing 2010-11 crop season.

Ivory Coast puts "marshall plan" request to ECOWAS

August 25, 2011

Strife-torn Ivory Coast has put forward a “Marshall Plan” request to the Economic Community of West African States (ECOWAS) for the country’s reconstruction.

Ghana poised to boost diamonds production

August 25, 2011 The precious gem

It seems Ghana is poised to boost its diamonds production, with the revamping of the country's biggest diamond mining company.

Row over Nigeria's multi-billion Sovereign Wealth Fund

August 25, 2011 Rotimi Amaechi, Rivers State Gov, head Nigeria Gov Forum

After Nigeria’s 36 Governors criticized the Sovereign Wealth Fund, some citizens and members of the civil society have been speaking their minds on the multi billion Naira scheme.

Guinea launches US$526m hydro electric dam project

August 24, 2011 Pres Alpha Condé, Guinea

The Guinean government has signed a contract with the Chinese company, China International Water and Electric for the construction of a hydro electric dam.