Category: Banking & Finance

Zimbabwe: ‘Ruling Party Elites Against Formalization of Artisanal Gold Mining’

Mutare — Political elites, linked to the ruling party are frustrating efforts to formalize artisanal gold mining as they are deriving profits from illicit trade, a new study has revealed. A report highlighting key findings…

Namibia: Fishrot Accused to Face More Charges

Politicians and businessmen who are accused of receiving more than N$130 million in bribes for fishing quotas are likely to face more charges, an investigator of the Anti-Corruption Commission (ACC) said last week. These new…

Malawi: Minister Tours Phalombe Irrigation Schemes

Phalombe — Minister of Agriculture and Food Security, Francis Kasaila on Saturday toured two irrigation projects that are expected to benefit at least 500 farm families in the district. The schemes fall under the Agriculture…

Mozambique: Total Authorised to Resume Activities in Afungi

Maputo — The Mozambican health authorities have authorised the French oil and gas company Total to resume its natural gas activities on the Afungi Peninsula, in the northern province of Cabo Delgado. Total heads the…

Mozambique: ‘Cabo Delgado War Is Destabilisation By Competing Gas Producers’

Three important and contradictory reports have been published in the last ten days on the roots of the escalating war in Cabo Delgado. All three have the standing to be taken seriously – from former…

Namibia: Conservation Agriculture Increasing Yields

In any drought year, communal farmers often struggle to feed their families. The majority of subsistence farmers in northern Namibia rely on rain for crop farming. Seasonal crop farming patterns are, however, slowly becoming a…

Angola: Angola Predicts Harvest of 5,000 Tons of Coffee

Amboim — Angola foresees to harvest 5,000 tons of coffee in 2019/2020 campaign, against 4, 200 tons in previous period, according to the National Coffee Institute (INCA). INCA predicted this at the opening of national…

Angola: Three Firms Get U.S.$25,5 Billion Credit

Luanda — Three companies have started receiving financing of Akz 15.4 billion, as part of credit line from Programme for the Support of Production, Diversification of Exports and Replacement of Imports (PRODESI). Benefitting from the…

Nigeria: Job Cuts Displace Workers As COVID-19 Hits Employers

Abuja and Lagos — Employers in different sectors of the economy have disengaged workers to mitigate the negative effect of coronavirus pandemic on their ventures. Daily Trust’s findings show that most sectors of the economy…

West Africa: “Women’s Empowerment as an Integrated Strategy for COVID-19 Response Plans – Opportunities for the SWEDD Project”

Dakar, 8 June 2020- An extraordinary meeting of the Regional Steering Committee (RSC) of the Sahel Women’s Empowerment and Demographic Dividend (SWEDD) Project is planned for this Monday, 8 June 2020 from 11:30 to 13:55…

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