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Seychelles Finance Minister Presents 2010 Budget

Seychelles Finance Minister Presents 2010 Budget

Seychelles Minister of Finance Danny Faure will on Monday give a reading of the country’s 2010 budget to Parliament. In a declaration Faure said he will explain to members of parliament the government’s financial plans for the next three years. Faure...
Gambian Minister of Finance Addresses Sub Regional Conference on Money Laundering

Gambian Minister of Finance Addresses Sub Regional Conference on Money Laundering

The Gambian minister of Finance and Economic Affairs, Abdou Colley, has informed a sub-regional conference in Banjul that the Gambia Government has set up a unit at the Central Bank of the Gambia to monitor suspicious financial transactions with a view...
Ethiopia And the World Bank Sign $65m Tourism, Agriculture Support Accord

Ethiopia And the World Bank Sign $65m Tourism, Agriculture Support Accord

Ethiopia and the World Bank (WB) have signed two financing agreements mounting to $65 million for tourism development and the enhancement of agricultural productivity in the country. The EthiopianSstate Minister of Finance and Economic Development Ahmed...
Lesotho Pledges $1m in Aid to Assist Zimbabwe

Lesotho Pledges $1m in Aid to Assist Zimbabwe

Lesotho will assist Zimbabwe with nearly $1 million to help the Southern African state’s recovery from the current political and economic slump, Prime Minister Pakalitha Mosisili told the media in the capital Maseru on Wednesday. Mosisili said the pledge...
Six African Countries Sign Interim Economic Partnership Agreement with the European Union

Six African Countries Sign Interim Economic Partnership Agreement with the European Union

Six countries of the Eastern and Southern Africa (ESA) block, namely Zimbabwe, Zambia, Comoros, Madagascar and Seychelles together with Mauritius have signed the Interim Economic Partnership Agreement (EPA) with the European Commission (EC). Speaking...
Spain Grants $7m for Ethiopia’s Food Security Program

Spain Grants $7m for Ethiopia’s Food Security Program

Ethiopia, Spain and the United Nations Resident Coordinator’s Office have signed a Joint Programme (JP) Grant Agreement amounting to $7 million The financial assistance is channeled from the government of Spain to scale up Children, Nutrition and Food...
African Economic Outlook Report Says Rwanda’s Economy Remains Stable

African Economic Outlook Report Says Rwanda’s Economy Remains Stable

Rwanda’s economy has been stable for the whole of 2008 despite the global economic meltdown, the African Economic Outlook (AEO) 2008-2009 report said Wednesday. The report by the Africa Development Bank (AfDB) a copy of which APA received says Rwanda’s...
Zimbabwe MDC Minister Arrested Over Stolen Mobile Phone

Zimbabwe MDC Minister Arrested Over Stolen Mobile Phone

Zimbabwe police have arrested a deputy minister from Prime Minister Morgan Tsvangirai’s Movement for Democratic Change (MDC) faction on charges of possessing a stolen property (cellular phone), APA learned Wednesday. According to the MDC, its party...
Ethiopian Government Signs Agreement with Chinese Company for Hydro-electric Project

Ethiopian Government Signs Agreement with Chinese Company for Hydro-electric Project

The Ethiopian Ministry of Finance and Economic Development and the Sinohydro Corporation, a Chinese company have signed a memorandum of understanding (MoU) for a study and construction of 2100 megawatt hydroelectric power project in Ethiopia. The agreement...
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