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    • 25 JUL 16
    • 0

    Pipeline Avengers Are Crippling Africa’s Largest Economy

    Bloomberg – by Dulue Mbachu – Nigerian militants launch violent campaign to claim oil wealth Brexit inspires demand for autonomy from former British colony They sound like superheroes from a Marvel movie, but the Niger Delta Avengers are real and they’re crippling Africa’s largest economy. The militant group burst onto Nigeria’s political scene near the

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    • 24 JUL 16
    • 0

    Nigeria’s Naira Weakens Beyond 300 Per Dollar for First Time

    Bloomberg – by Paul Wallace and Emele Onu – Central bank has sought to reassure foreign investors IMF sees Nigerian economy contracting 1.8% this year Nigeria’s naira fell to a record against the dollar as Africa’s largest economy struggles with a scarcity of foreign exchange more than a month after the currency was devalued. The naira weakened beyond

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    • 20 JUL 16
    • 0

    Kenya May Ink EU Trade Deal Alone as Brexit Spooks Neighbors

    Bloomberg – by Adelaide Changole and David Malingha Doya Tanzania, Uganda want to delay Economic Partnership Agreement Brexit shouldn’t be an excuse, UNCTAD secretary-general says Kenya may abandon 10 years of negotiating a trade deal with the European Union as part of the regional East African Community bloc and go it alone, to avoid having

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    • 20 JUL 16
    • 0

    Namibia’s Diamond Discoveries Seen Extending Mining by 50 Years

    Bloomberg – by Felix Njini – Country says diamond-sales pact with De Beers can be improved Growth seen ‘robust’ despite commodity-price headwinds Discoveries of diamonds on land bordering the southern Atlantic coastal areas of Namibia, the world’s largest producer of marine gems, may extend ground-based mining operations by another 50 years, Finance Minister Calle Schlettwein

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