Business

Houston, Texas, 26 November, 2003— Privatizing an economy that has many state-owned enterprises is no easy task, according to the minister of economic and commercial affairs at Nigeria’s embassy in Washington. But Nigerian President Olusegun […]

Lusaka, 28 November, 2003— President Levy Mwanawasa has announced measures aimed at turning agriculture into one of the main drivers of Zambia’s economy. The fall in copper prices, Zambia’s main source of foreign currency, has […]

Nairobi, 27 November, 2003— Some US $149 million of missing state funds traced to the family of the late Nigerian military ruler Sani Abacha have been returned to the Nigerian government by Jersey, an offshore-banking […]

Washington, 26 November, 2003— The government of Chad and Esso Explorations & Production Chad Inc. have confirmed that $6.5 million from the first sale of crude oil from Chad’s Doba oil fields has been deposited […]

Nairobi, 25 November, 2003— International oil companies in Sudan share full responsibility with the Sudanese government for the displacement of hundreds of thousands of civilians from oil concession areas, as well as countless other human […]

Dakar, 21, November, 2003— Experts gathered in Dakar, Senegal, have concluded that the international community’s financing of African debt relief is an important way of funding the Millennium Development Goals (MDGs) designed to eliminate extreme […]

Lagos, 21 November, 2003— Tribal militants armed with automatic weapons have seized two oil platforms in the offshore waters of Nigeria belonging to the oil giant ChevronTexaco, taking several workers hostage. ChevronTexaco said in a […]

Houston, Texas, 19 November, 2003— ”Business is what will propel Africa into the 21st century,” predicted Stephen Hayes, the president of the Corporate Council on Africa (CCA), November 19 as he opened the second annual […]