SA government 'will scrutinise infrastructure spending' The finance minister of South Africa Pravin Gordhan has warned enterprises that are owned by the state that they must keep their spending in…

Tonkolili 'doubles size of Sierra Leone project' Sierra Leone is to become one of the biggest magnetite iron-ore resources in the world. This is following an announcement from African Minerals that…

World Bank doubles financial support for Morocco The World Bank announced last Tuesday in Rabat that its allocation to Morocco is going to increase from 300 to 600 million Dollars per year as from…

President Zuma: Nationalisation is not policy Nationalisation is not government policy in South Africa, president Jacob Zuma has announced. In reference to a debate over the country's mines, the…

Tunisia: Adoption of a draft law The French Development Agency is set to contribute to the financing of a project for the upgrading of water treatment and pumping stations in Tunisia. The draft law…

IDB allocates $31.5 million for infrastructures in the Ivory Coast The Islamic Development Bank (IDB) has just allocated 31.5 million dollars to finance the upgrading of a number of infrastructures…

NITEL in $2.5bn takeover Nigerian Telecommunications Limited (NITEL) was yesterday (February 16th) taken over by New Generations Telecoms. It is reported that the takeover was worth $2.5 billion…

Senegal: Work starts on Diamniadio-Pikine highway Work started on the second phase of the Dakar- Diamniadio toll highway on Friday 12 February, in the presence of the President of Senegal, Abdoulaye…

EU to invest 83 million USD in Benin in 2010 The European Union is going to invest 83.1 million Dollars in Benin this year, it was learned on Friday 12 February. Françoise Collet, head of the EU…

World Bank reports on Ugandan economy The World Bank has published a study that found certain economic inequalities in employment opportunities in Uganda. According to the Daily Monitor, the World…