Africa
ECOWAS finally adopts ECO as a single currency
Beginning in January 2020, countries within the West African sub-region will be able to use a single currency called ECO....
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African VC funds in for a bonanza, with Germany’s €1bn Africa fund
African venture capital (VC) funds are in for a bonanza. VC funds in at least 12 African states, will be...
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Kenya signs milestone crude processing deal with oil firms
The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000...
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Zimbabwe bans the use of foreign currencies
Zimbabwe has banned the use of international currencies such as the US dollar, South African rand and British pound. Zimbabwe...
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Central Bank Governors in West Africa commit to 2020 deadline for a common currency
Central Bank Governors in the West African monetary zone are committed to ensuring that the convergence criteria for member states...
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World’s population to hit 9.7 billion in 2050 – UN report
The world population is expected to increase by two billion people in the next 30 years, from 7.7 billion currently...
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African phone firm confirms £3.6bn London IPO
Africa's second largest mobile phone operator Airtel Africa on Monday confirmed plans to float on the London Stock Exchange. It's...
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Motorbike taxi firms expanding in West Africa
Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi...
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Africa’s changemakers are blazing a trail for the rest of the world
"The future of humanity is increasingly African." That's according to UNICEF, summing up how rapidly Africa is changing and growing...
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The African Nation Built on Gold Loses Its Crown to a Rival
South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as a continent leader to Ghana. The...
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