Tag Archive for: pacci
Mayor’s Private Sector Conference
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IMF to African Oil Exporters: Create Fiscal Buffers Now
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The International Monetary Fund, (IMF) has advised oil exporting countries in Africa to, as a matter of urgency, create fiscal buffers, against possible future oil price falls.
According to the organization’s statement yesterday, African…
Nigeria is leading producer of yam but export less
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Yams are the fifth most widely harvested crop in Nigeria, and one of the most expensive to produce; the planting and harvesting processes require significant labor input, yam seeds are expensive, and the supply of seed is limited.
“It…
SMEs key for Sudan’s ability to harness the AfCFTA
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The Economic Commission for Africa office for North Africa and the Sudanese ministry of Trade launched on 18 December in Khartoum a four-day, joint workshop on Export Promotion and Access to Finance for the benefit of 50 Sudanese SME owners,…
IMF Approves Disbursement of $447.39 Million to Kenya
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The International Monetary Fund’s (IMF) board has approved the disbursement of $447.39 million to Kenya after a review of its lending programme, the fund said on Tuesday.
Kenya’s public debt had begun to “level off” due to fiscal…
Ghana suspends payment of part of its foreign debt, including Eurobonds
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Ghana has temporarily suspended the payment of part of its external debt, including Eurobonds, as it seeks to restructure it after an agreement with the International Monetary Fund (IMF) last week.
"We are announcing today (Monday) the…
U.S. seeks to re-establish trade, political ties with Africa
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Africa is the new terrain of strategic confrontation between the United States, China and Russia.
Washington is hosting political and economic leaders from the African continent for three days in a summit with many facets and where some…
MTN Lands Subsea Cable in South Africa to Boost Africa’s Connectivity
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MTN South Africa and MTN Global Connect, in partnership with a consortium, have landed a 45,000-kilometer subsea cable in South Africa, part of plans to build a subsea network to connect African countries to Europe and the Middle East.
Africa’s…
Trade and Market Update: Natural Gas and the Geopolitics of Energy
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The Ukraine crisis and Western-led sanctions against Russia are redefining the geopolitics of energy and expanding opportunities for new players. Russia is the world’s second largest producer of natural gas and accounts for about 26 percent…
COP15 Kicks off as Alarm Grows Over Falling Wildlife Populations
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A month after the COP27 climate change summit in Egypt, COP15 on Biodiversity kicks off in Canada. The objective for the 196 countries present is to halt the decline of life. And the call for action is urgent.
According to the latest…
Ghana to Swap Local Debt in Fight to Regain Economic Stability
News, News ArticleGhana asked investors to exchange around $9 billion in domestic debt for new bonds on Monday (Dec.5) to ease a crunch in payments as the government negotiates an IMF bailout during its worst economic crisis in decades.
Finance Minister Kenneth…