Business

Sana, 26 December, 2005— The government doesn’t expect to face any major setbacks following a recent decision by the World Bank to reduce aid to Yemen by 34 percent, according to Vice Minister of Planning […]

Washington, 22 December, 2005— The potential for economic growth and development across sub-Saharan Africa is “huge,” according to international economist Asif M. Shaikh, the president and chief executive officer of the Washington-based International Resources Group […]

Washington, 23 December, 2005— Thirty-seven African countries are eligible for economic and trade benefits under the African Growth and Opportunity Act (AGOA), President Bush determined December 22. The action was announced in a statement by […]

Brazzaville, 20 December, 2005— The European Union (EU) and the Congolese government have signed a 40-billion-franc-CFA deal (US $73.85 million) to build a road linking the capital, Brazzaville, with the town of Kinkala in the […]

Johannesburg, 19 December, 2005— The volume of food aid and agricultural inputs being shipped to those in need in Southern Africa has resulted in bottlenecks as transporters struggle to cope. This has impacted on the […]

Washington, 18 December, 2005— Trade ministers meeting in Hong Kong have accepted an agreement that incrementally advances long-stalled World Trade Organization (WTO) negotiations but leaves most politically difficult decisions for 2006. Ministers approved December 18 […]

Johannesburg, 13 December, 2005— The fuel shortage in South Africa has started affecting supplies in neighbouring countries dependant on exports from regional economic power and some petrol stations in Namibia, Botswana, Lesotho, Swaziland and Mozambique […]

Nairobi, 9 December, 2005— The World Bank has approved a US $125-million grant to help the Democratic Republic of Congo (DRC) rebuild its agricultural production and enhance food security, the bank said on Thursday. In […]