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News in 'Economy' section

ECOWAS chief in Abidjan to support Ivory Coast reconstruction

August 24, 2011 The crowded traditional Adjamé Market at Boulevard Nangui Abrogoua in Abidjan

A high-level ECOWAS delegation, led by Commission President James Victor Gbeho, is in Abidjan for talks with officials of the Ivorian government.

African governments urged to increase tourism budget

August 23, 2011 Rev Paschal C. Eze

African governments have been urged to increase their budgetary allocation for the tourism sector to tap fully from this global lucrative industry.

Sierra Leone signs fishing agreement to boost export

August 21, 2011

Sierra Leone has signed an agreement with Dutch firm Precon to facilitate access to European Union markets for its fish and fisheries products.

Streamlining procurement contracts in Guinea

August 20, 2011 Alpha Condé, President of Guinea

The government of Guinean President Alpha Conde has said it’s committed to cleaning up the procurement contracts market.

Concerns over gas shortage in Ghana

August 19, 2011

Concerns over a possible return to the widespread use of charcoal in Ghana have been raised, in the wake of the periodic shortage of Liquefied Petroleum Gas (LPG).

Nigeria workers union down plays 9.4% inflation drop

August 18, 2011 Peter Esele, President TUC Nigeria

Nigeria’s Trade Union Congress (TUC) has given a cool response to an official report that the country’s double-digit inflation rate has dropped to 9.4%.

Botswana leader begins visit to Liberia today

August 17, 2011 President Ellen Johnson Sirleaf, Liberia

Botswana’s President General Seretse Khama Ian Khama is due to arrive in Liberia today, Wednesday for a 2-day "working visit".

Nigeria enjoys lowest inflation in 3 years

August 17, 2011 Central Bank of Nigeria HQ

Reports say Nigeria’s Central Bank has managed to stop the double-digit inflation.

The latest inflation figures now show that the general prices of goods and services in Nigeria have fallen to single-digit rate of 9. 4% in July, the lowest level in more than three years.

Sierra Leone forum to review budget, financial reform

August 17, 2011 President Ernest Bai Koroma, S. Leone

The Sierra Leonean government’s budget has been subjected to scrutiny, as Tuesday 16 August was dedicated to budget review at a public forum.

Niger: Govt determined to fight corruption

August 16, 2011 President Mahamadou Issoufou of Niger

Niger’s President Mahamadou Issoufou is determined to continue his fight against corruption.