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Wednesday, April 26, 2017

Four Charts Show Pain Before Gain in Nigeria’s Economic Plan

President Muhammadu Buhari’s plan to lift Nigeria’s economy from its worst slump in a quarter century may entail short-term pain for potential long-term gain. The...

Cocoa Plunge, Mutinous Army May Widen Ivory Coast Deficit

Tumbling cocoa prices and unscheduled payments to civil servants and mutinous soldiers in the past two months could widen Ivory Coast’s budget deficit and curb...

Nigeria’s Proposed Sale of Oft-Bombed Oil Assets Not Easy

For sale: stakes in oil fields. Bids from world class energy companies preferred. Pipelines and terminals associated with the deposits only blown up about...

Nigerian President Buhari Returns From Medical Leave in U.K.

Nigerian President Muhammadu Buhari arrived in the capital, Abuja, after spending more than seven weeks on sick leave in the U.K. and said his...

Nigeria closes Abuja airport for repairs

Nigeria has closed its main airport in the capital, Abuja, for six weeks to allow badly needed repairs to be carried out. It comes after...

Lesotho Monarch Dissolves Parliament, Calls Election

Lesotho’s monarch, King Letsie III, dissolved the kingdom’s parliament and called for elections, according to Deputy Prime Minister Mothejoa Metsing who commented on state-owned...

Boko Haram Caused $9 Billion Damage in Nigeria’s North, UN Says

Islamist militant group Boko Haram has caused $9 billion of damage in Nigeria’s northeast since 2009, destroying homes, schools, bridges and roads, according to...

Secret of the Kibali Mine: Flying People In and Gold Bars...

Randgold Resources Ltd. had to haul heavy equipment more than 1,000 miles to build the roads and hydropower plants needed to construct its Kibali...

Niger Declares State of Emergency in Regions Near Mali Border

Niger declared a state of emergency in regions near the West African nation’s border with Mali, after attacks in the area last month by...

Zuma Seeking South Africa Constitution Changes Contradicts ANC

South African President Jacob Zuma contradicted senior members of his ruling African National Congress on Friday in calling for the constitution to be changed...
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