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Economy

 

news by category: Economy

Found 62 articles.

Displaying 21-30 out of 62 results.

The cement boom

In both Angola and Congo-Kinshasa, public works produce surprising profits for well-connected cement producers, but an oil-fired building boom requires a lot of cement. Angola's Mi...


The bust and after

Finance ministers and central bank governors are holding an African summit in Washington next week to map a way out of the crisis

As the international financial crisis intensified last year, some African governments thought they could avoid the worst by strengthening their trade and investment ties with Asia....


And the good news

Amid the gloom lie some positives. African economies now have on average 5.7 months of reserves to cover imports, policy frameworks are sounder, government ministries are better st...


Homemade toxic assets

After some stellar years of expansion, the financial sector faces a deepening crisis

The uncertainty about the future of Central Bank Governor Charles Chukwuma Soludo reflects the drift in Nigeria’s policy over the past 18 months. Soludu, who was appointed in May 2...


Don't shoot the ambulance

After a decade of growth in Africa, the IMF and World Bank's economists are offering loans and policy advice again

The financial crisis has had one indisputable effect: it has put the World Bank and the International Monetary Fund back in business in Africa. Suddenly there is no more talk about...


Economy: Trouble in the markets

Watching oil prices fall from US$147 a barrel to $57 over the past month and listening to endless media speculation about his health must have been disconcerting for President Umar...


Two virgins

Britain’s Virgin Atlantic has lost the first round in its battle with Nigeria’s government and is expected to sell all but 7% of its 49% stake in the lossmaking Virgin ...


Displaying 21-30 out of 62 results.