May 19, 2013
News in 'Economy' section
Spain gives 1m Euros to lift W, Africa rural women
July 16, 2012The Spanish government has provided one million Euros to empower rural women in West Africa, under a project that will run for two years.
The Business Incubator for African Women Entrepreneurs (BIAWE) will nurture the business ventures of rural African women operating primarily in the area of agriculture while supporting initiatives in economic capacity building, promoting rural entrepreneurship and developing agricultural resources.
9 oil blocks awarded to several firms by Sierra Leone
July 16, 2012Sierra Leone’s government has awarded nine provisional offshore oil blocks to companies, after what President Ernest Bai Koroma’s office called, “a painstaking and time-consuming technical evaluation process.”
Fresh efforts to thwart pirates’ new strategies in Gulf of Guinea
July 12, 2012Amid threats being faced from piracy in the Gulf of Guinea along the West and Central African coast, maritime, security experts and other stakeholders are drawing up strategies to combat the menace at a sub-regional conference.
Downward trend for Foreign Direct Investment to Africa but...
July 11, 2012The inflow of Foreign Direct Investment (FDI) to Africa has dropped for the third year in a roll, the UN Conference on Trade and Development (UNCTAD) has said.
UN high-level meeting stresses more jobs, decent work for all
July 11, 2012The United Nations Economic and Social Council’s (ECOSOC) high-level meeting has stressed the need to address issues that are crucial for providing full employment and decent work.
ECOSOC is one of the six principal organs of the United Nations.
Women’s role in boosting intra-African trade
July 9, 2012--pre-gender confab precedes AU summit
The 6th gender pre-Summit of the African Union (AU) has ended at the headquarters of the continental body in Ethiopia’s capital, Addis Ababa under the theme,“Boosting Intra-African Trade”.
Sirleaf gives officials 2-week ultimatum to make assets public
July 6, 2012Liberia’s President Ellen Johnson-Sirleaf has threatened to take punitive action, including dismissal, against any of her official failing to publically declare their assets in two weeks time.
Ivorians raise eyebrows over huge contracts given French firms
July 5, 2012Eyebrows are being raised in Ivory Coast over the awarding of a grand multi-million Euro road and bridge construction project to yet another French Company.
Ghana goes ahead with clampdown on foreign retail traders
July 4, 2012--but ECOWAS MPs take exception
Foreign nationals, including citizens of ECOWAS member countries, operating shops and engaging in general retail business are being compelled to cease their operations by the Ghanaian government.
“Poverty on a slow decline in Africa”—says a new report
July 3, 2012A new report has revealed that “for the first time since record keeping on poverty began” in 2000, “the number of Africans living under $1.25 per day has declined.”
However the report has warned that despite the progress, “Africa needs to do more to meet all the targets agreed in the MDGs document.”
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