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Business & Economics

Business & Economics  

Continental

04:32 GMT 8th November 2011

Telecoms company Eaton Towers has secured $150m of private equity funding to expand its tower-sharing business in Africa, which is enabling mobile operators to roll out services to remote areas more cheaply.
 

Yaounde

04:00 GMT 8th November 2011

Nigerian cement manufacturer Dangote has begun construction of a $115 million cement plant in Cameroon, and is eyeing another $585m in investments in the central African country, state radio reported last month.
 

Cote d' Ivoire

03:58 GMT 8th November 2011

Cote d' Ivoire's economy will grow 8 to 9 per cent in 2012, after shrinking 5.8 per cent in 2011 due largely to the effects of a civil war, the IMF said in September.
 

Libreville

03:54 GMT 8th November 2011

Last month Gabon launched what it billed as the biggest special economic zone (SEZ) in West and Central Africa, aiming to attract $1.1 bn a year in foreign investments via tax breaks.
 

Kinshasa

03:51 GMT 8th November 2011

A British Virgin Islands court has upheld a $2bn claim flied by Canada's First Quantum Minerals over a disputed Congo copper project, rejecting an application from units of Kazakh miner ENRC to dismiss the suit.
 

Dar Es Salaam

03:46 GMT 8th November 2011

China and Tanzania are expected to sign a $1.06bn loan deal to build a natural gas pipeline from the southern part of the east African country to its commercial capital, a Tanzanian newspaper quoted its energy minister as saying.
 

Harare

03:37 GMT 8th November 2011

Gold miner Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate, company executives said in September.
 

A Star Performer

11:57 GMT 28th September 2011

Ethiopian Airline's entry into the Star Alliance aviation group is an indication that it is flying high. By Keith Mwanalushi
 

Crisis Management

11:53 GMT 28th September 2011

There seems to be no end to the crisis stalking Nigeria's banks following the latest move to rescue three of them. By Nsineno May Anthony, Lagos
 

Shell Sued Over Spills

11:50 GMT 28th September 2011

All eyes on Ogoniland clean up after Shell admits liability for catastrophic oil spills. By Nsineno May Anthony
 

Power Surge

11:40 GMT 28th September 2011

A number of new power generating projects is paving the way for Zambia to become an energy surplus nation. By Nawa Mutumweno
 

Cry Me a River

11:36 GMT 28th September 2011

Following years of bickering over who controls the Nile, riparian states were urged to put their differences behind them at a recent conference. By Zachary Ochieng, Nairobi
 

Charity Begins at Home

11:30 GMT 28th September 2011

Big business steps in to alleviate drought-hit northeast as the government is accused of dragging its feet. By Zachary Ochieng, Nairobi
 

Brazaville

12:50 GMT 28th September 2011

The Republic of Congo's non-crude revenues rose 25 per cent to 500bn CFA francs ($1,087bn) in the first half of the year, Congo's president Denis Sassou N'Guesso said in August, adding the economy needed to ease its reliance on an oil industry poised for decline.
 

Abuja

12:43 GMT 28th September 2011

The International Finance Corporation (IFC) has invested 4.58 billion naira ($29.6 million) in Nigeria's Guaranty Trust Bank (GT Bank), one of the top five lenders by assets in subSaharan Africa's second biggest economy, GT bank said last month.