May 25, 2013
News in 'Economy' section
17 African countries among top 50 making business regulation growth
October 24, 2012A new report by the World Bank and International Finance Corporation says 17 sub-Saharan countries are among the 50 economies making the biggest improvement in business regulation for domestic firms.
The improvement has been going on since 2005.
Nigeria: US$1.6bn crude oil goes missing
October 24, 2012Crude oil export procedure in Nigeria is facing one of the biggest scandals in recent times, with a huge crude oil theft worth US$1. 6 billion reported in the country.
The reports say the Nigerian National Petroleum Corporation (NNPC) allegedly exported the crude oil with forged Export Clearance Permit.
Liberia, partners undertake public financial management reform
October 23, 2012By William Selmah, WADR Correspondent
The Liberian Government and its partners have launched a US$28.55m Integrated Public Financial Management Reformed Project.
The project seeks to improve budget coverage, fiscal policy management, financial control and oversight of government’s finances.
Liberia: Multi-national firm, citizens still in pollution row
October 23, 2012The Firestone Rubber Plantation Company is the largest and oldest company in Liberia, starting operations in the country in 1926.
Since then, it has gone on to establish itself as one of the world’s leading rubber plantations.
S. Leone: Political rallies disrupt schools, commerce
October 23, 2012Political campaigning ahead of presidential and parliamentary elections on 17 November is gaining momentum, but with adverse impact on schools and commercial activities in the capital, Freetown.
This is so when the two leading parties – the ruling All People’s Congress (APC) and main opposition Sierra Leone People’s Party (SLPP) – take to the streets.
EU provides 13bn CFA to fund Mali agric project
October 19, 2012Mali may likely reach its ambitious objective of having 7,500 tons of crops grown during the rainy and dry seasons to boost food security and help reduce poverty in the West African nation.
Currently, some 2,500 hectares of irrigated land is being cultivated in Bewani in the region of Segou, with an investment of about 13 billion CFA Francs.
Liberia: Activist urges gov't probe of lavish investors’ gifts
October 19, 2012A prominent environmental activist has urged the Liberian government to investigate motives behind lavish gifts from investors to government officials, mainly during contract negotiations.
Silas Siakor, head of the Sustainable Development Initiative (SDI) cited a recent report by Liberia’s General Auditing Commission as forming the basis for his call.
Sierra Leone CSOs Discuss Nat’l Poverty Reduction Strategy
October 16, 2012Civil society working groups Monday held a consultative meeting to discuss the process of developing the third generation Poverty Reduction Strategy Paper (PRSP3) for Sierra Leone.
The document, dubbed the Agenda for Prosperity by the Ernest Bai Koroma government, is a road map for national development.
Experts discuss future of regional currency regimes in Africa
October 12, 2012A three-day international meeting of African countries and the Franc zone is underway here in the Senegalese capital, Dakar, to discuss regional single currency regimes on the continent.
Mobile phones for 5mn Nigerian women farmers in 2013
October 11, 2012Five million women farmers in Nigeria will get mobile phones in 2013 to enable them access information on agriculture and marketing through a new ICT scheme.
President Goodluck Jonathan announced this on Wednesday in his budget speech delivered during a joint session of the National Assembly in Abuja, the Federal capital.
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