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Zambian President Reverses Decision to Hike Electricity Tariffs

The Zambian President has recently reversed a sharp increase in electricity tariffs aimed at generating revenue for investment in additional supply, saying the hike...

Congo Republic to Advance Presidential Election to Early 2016

Congo Republic's President Denis Sassou Nguessohas recently said he would call an election sometime in the first quarter of next year, several months ahead...

South Sudan: Team of Rebels In Juba To Prepare For New...

A team of rebel officials landed in South Sudan's capital Juba on Monday to prepare for the return of the rebel leader next month...

Ethiopia, Nigeria See New Partnership In Commodities Marketing

As part of efforts to boost productivity and marketing opportunities for farmers, Nigeria and Ethiopia are in the process of entering into a technical...

Zambia to Bring In Variable Tax on Mining Royalties

Zambia, Africa's second largest copper producer, has recently announced that it will introduce a variable tax on mineral royalties that will be adjusted according...

Egypt’s Central Bank Tightens Import Controls to Boost Local Production

In a bid to support local manufacturing and better preserve its dwindling foreign currency reserves, the central bank of Egypt has in a statement...

Nigeria Expects 2016 Budget Deficit to Double To $11 Billion –...

Nigerian President Muhammadu Buhari has recently said that the country expects its budget deficit to double to 2.2 trillion naira ($11 billion) in 2016...

Benin Republic: Pm Zinsou Confirms To Run For President in 2016...

Benin's Prime Minister Lionel Zinsouhas recently said he would run for president on behalf of the ruling party in an election next year, burying...

Rwanda: President Kagame Thanks Nation after Referendum Favouring Him

Rwanda's president Paul Kagame thanked the nation on Monday for voting in a referendum last week of which 98 percent overwhelmingly backed constitutional changes...

AfDB to Fund Construction Of Power Project In Sierra Leone

As part of African Development Bank’s (AfDB) efforts to improve power availability in Africa, its Board of Directors has recently in Abidjanapproved a senior...

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