| AllAfrica News: Economy, Business and Finance |
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AllAfrica News: Economy, Business and Finance
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Nigeria: Fly Nigeria Act Will Make Country Carriers Competitive
Thu, 09 Feb 2012 16:52:18 GMT
[This Day]
If passed into law, the planned Fly Nigeria Act will create huge market for Nigeria airlines that operate international destinations, boost their revenue and put them to reckoning among major airlines in the world.
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Nigeria: Faan Calls On Airlines, Others to Settle N20 Billion Debts
Thu, 09 Feb 2012 16:52:11 GMT
[This Day]
The Federal Airports Authority of Nigeria (FAAN) has called on the airlines, concessionaires and government agencies owing it about N20 billion to pay up.
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Mozambique: ENRC Planning New Railway for Coal Exports
Thu, 09 Feb 2012 16:15:38 GMT
[AIM]
Maputo -
The Kazakhstan-based company, the Eurasian Natural Resources Corporation (ENRC) is planning to build a railway from the western Mozambican province of Tete to the northern port of Nacala, according to its general manager, Paul Craven
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Mozambique: Japanese Deputy Minister Seeks Licence for Nippon Steel
Thu, 09 Feb 2012 16:15:36 GMT
[AIM]
Maputo -
The Japanese Deputy Minister of Economy, Trade and Industry, Tadahiro Matsushita, has asked the Mozambican government to speed up the granting of a coal mining concession in the western province of Tete to the Nippon Steel Corporation.
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Kenya: 'Gold Mining Beats School Any Day'
Thu, 09 Feb 2012 15:29:40 GMT
[IRIN]
Nyatike -
At a waterlogged gold mine in western Kenya's Migori District, 14-year-old Jacob*, one of 15,000 children toiling in the region's pits, scours the water for glistering flakes, a job he says beats going to school on an empty stomach.
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Africa: Rigged: the Scramble for Oil, Gas and Minerals
Thu, 09 Feb 2012 14:31:46 GMT
[Global Witness]
The intensifying competition for commercial access to the world's remaining deposits of oil, gas and minerals brings with it a serious risk of exacerbating corruption and violent conflict.
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Nigeria: Four Banks Among World Top 500 Brands
Thu, 09 Feb 2012 12:58:43 GMT
[This Day]
Four Nigerian banks - First Bank of Nigeria Plc, GTBank Plc, Zenith Bank and the United Bank for Africa Plc (UBA), had been ranked among the top 500 'World Bank Brands' in the February edition of The Banker magazine of the Financial Times Group, London, United Kingdom.
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Egypt: Azhar, Awqaf, IFTAA House Renew Rejection of General Strike Calls
Thu, 09 Feb 2012 12:57:38 GMT
[Egypt Online]
Al-Azhar institution and al-Awqaf Ministry on Wednesday 8/2/2012 renewed their rejection of calls to enter into a general strike in Egypt on Saturday.
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Nigeria: FG - Boko Haram is Killing North's Economy
Thu, 09 Feb 2012 12:37:04 GMT
[Daily Trust]
Incessant shootings and bombings by Boko Haram is retarding economic development in northern Nigeria, the Federal Government said yesterday, restating willingness for talks to end nearly two years of the sect's deadly campaign.
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Africa: 'From Africa Always Comes Something Stupid'
Thu, 09 Feb 2012 12:35:59 GMT
[Daily Trust]
It is a character, appropriately called "Professor", in the late Ken Saro-wiwa's book Prisoners of Jebs, a book I consider one of the best satirical outputs to have come out of Africa, that made the remark which serves as the title of this piece.
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