WADR on Twitter

Follow us

Search in Archive

News in 'Economy' section

African Union leaders mark 50th anniversary in Ethiopia

May 25, 2013 Ethiopian Prime Minister Hailemariam Desalegn

African leaders gathered Saturday ahead of extravagant celebrations for the 50th jubilee of the continental bloc, with Africa's myriad problems set aside for a day to mark the progress that has been made

DR Congo and neighbours get $1bn

May 23, 2013 fighting continues near the eastern city of Goma.

The World Bank has unveiled a $1bn (£660m) aid package to help the Democratic Republic of Congo and its neighbours. The money is to be used for health, education, cross-border trade and hydroelectricity projects.

Mali aid meet opens with pledge to avoid past mistakes

May 15, 2013 European Commission President Jose Manuel Barroso (right) smiles alongside Mali President Dioncounda Traore (left) at the end of a joint press conference on Tuesday

International donors opened a conference on Mali Wednesday aimed at raising some two billion euros ($2.6 billion), pledging to help all sides in the troubled country avoid the mistakes which led to war and political crisis.

'Greedy pig' protest held at Kenya parliament

May 15, 2013  A policeman tries to control pigs left by protestors outside the parliament

Kenyan police have fired teargas and water cannon outside parliament in Nairobi to disperse about 200 people demonstrating against parliamentarians' demands for a higher wage.

Ghana hunt down three USA nationals

May 14, 2013 It is estimated that 95% of small-scale gold mining in Ghana is illegal

The government of Ghana is hunting for three Americans who filmed themselves in Ghana, as they engaged in illegal small scale mining.

Sierra Leone and China signed $6Billion investment

May 14, 2013

The Government of Sierra Leone has signed a memorandum of understanding with China Kingho energy group for the construction of a railway costing six billion United States dollars linking Tonkolili in the north and Sulima in the south of the country.

Sierra Leone: Police arrest petroleum dealers in Kenema

May 9, 2013

Police in the eastern district of Kenema have arrested petroleum dealers for hiking price on petroleum products. Products were sold at Le 8,000 approximately 2 United States dollars far above the official price of Le 4,500 per liter approximately one united stated dollars

Goodluck Jonathan in South Africa

May 8, 2013 South Africa and Nigeria are key trading partners on the continent.

Nigerian President Goodluck Jonathan arrived in Nigeria on Tuesday for a state visit aimed at consolidating ties between two of the biggest economies in sub-Saharan Africa.

"The reduction of the poverty has been much slower" (World Bank)

April 17, 2013 Image 3157

"We need policies that can support the translation of mineral resources into benefiting a larger number of people in the countries" Punan Shahan Polle, a co-author of World Bank’s latest Africa’s Pulse spoke to WADR

Somalia: IMF is back after 22-year break

April 13, 2013 Somalia's President Hassan Sheikh Mohamud

The IMF said in a statement “the fund recognised the federal government of Somalia, headed by President Hassan Sheikh Mohamud, paving the way for the resumption of relations after a 22-year interval”