Business

Bangui, 30 October, 2003— Prime Minister Abel Goumba has asked Lebanese traders who collectively owe the Central African Republic 1.5 billion francs CFA (US $2.7 million) in taxes to meet their obligations so that the […]

Johannesburg, 29 October, 2003– Attempts to convince some of the world’s major diamond producing countries to submit to an independent audit of their national diamond control systems were scuppered on Wednesday by a handful of […]

New York, 29 October, 2003— A United Nations committee investigating the plunder of gems and minerals in the Democratic Republic of the Congo (DRC) published its final report today, listing the names of companies that […]

NDJAMENA, 28 October, 2003— Chad has begun to export oil to the United States, but this desperately poor African country remains incapable of producing electricity to meet its own power needs. Just two percent of […]

Abidjan, 28 October, 2003— US and Nigerian oil companies have bid over US $500 million for the right to explore deep waters in the Gulf of Guinea shared by Nigeria and the small island state […]

Washington, 27 October, 2003– The Western Hemisphere and Africa are important sources of oil and natural gas for the United States and their importance is likely to grow in the future, predicted John R. Brodman, […]

Accra, 23 October 2003– The Ghanaian government has opened this year’s main cocoa buying season,in which it expects the biggest crop for 40 years, by announcing an unprecedented increase in producer prices, the fourth in […]

Bangui, 21 October 2003– The government of the Central African Republic (CAR) and the Agence Francaise de Developpement (AFD) have signed agreements worth US $10.3 million for water drainage and road repair projects in the […]