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News in 'Economy' section

West African Journalists on fighting Money Laundering

July 2, 2012 An uphill fight against money laundering

By William Selmah/WADR News in Banjul

Anglophone West African journalists have called for deeper collaboration in the sub-region in creating the needed awareness to combat money laundering and terrorist financing.

UNOCI on plight of people in northern Ivory Coast

June 30, 2012 Students in northern Ivory Coast finding their way to school

While the international community focuses on Western Ivory Coast marred by a spate of recent violence, the UN Mission (UNOCI) has urged development partners to also look at what is happening in the North of country, faced with severe challenges as well. 

Goodluck’s birth control call sparks heated debate in Nigeria

June 29, 2012 Nigeria's teeming population can be seen from the sreets

President Goodluck Jonathan’s promise to push a legislation to control child birth has generated heated debate in Nigeria, which has a population of nearly 160 million and life expectancy of 47-56 years.

Ivory Coast gets over US$4 billion debt relief from WB,IMF

June 27, 2012 President Alassane Ouattara of Ivory Coast

Ivory Coast has received over US$4 billion in debt relief from the World Bank and the International Monetary Fund (IMF).

Mali crisis having serious toll on tourism, hotel jobs

June 27, 2012 One of the hotels in Mali

The ongoing crisis in Mali amid Islamist rebels’ occupation of the north of the country is having a serious toll on tourism and other economic activities, with hotels empty as many are losing their jobs.

Audit Commission urges Sirleaf to act quickly against graft

June 26, 2012 President Ellen Johnson Sirleaf of Liberia

By William Selmah/WADR CORRESPONDENT

The General Auditing Commission (GAC) in Liberia has unearthed more corruption scandals in some ministries and agencies, with the its latest batch of audit reports indicting five institutions.

Govt., partners’ commitments to Africa agriculture faltering

June 25, 2012 Abdoulie Janneh, UNECA boss

---ECA boss on years of neglect

Africa’s development partners have not delivered on their commitment to significantly increase support to agriculture on the continent, the Executive Secretary of the UN Economic Commission for Africa (ECA) Abdoulie Janneh has said.

OSIWA, WB join to fight contract graft in West Africa

June 25, 2012 Abdul Tejan-Cole, OSIWA

The Open Society Initiative for West Africa (OSIWA) and The World Bank (WB) have joined forces to help strengthen transparency and accountability in public procurement through collaboration among government, civil society and the private sector.

According to The World Bank, public procurement represents about 50% to 70% of total government spending in many developing countries. It is also a major source of revenue to the private sector.

Sharp decline in Africa’s biodiversity--AfDB,WWF raise concern

June 24, 2012 AfDB President, Donald Kaberuka

Amid a steep decline in biodiversity in Africa, the African Development Bank (AfDB) and the World Wide Fund for Nature (WWF) have said the decline reflects a degradation of the natural systems upon which Africa’s current and future prosperity depends.

Benin MPs annoyed over poor quality of mobile phone services

June 20, 2012 Le service des opérateurs GSM mis en cause au Béninulty in Benin

In Benin, members of parliament have frown on the poor quality of mobile phone services being provided by GSM companies in the country.