Finance - Afrik.com : Africa and Maghreb's news - The panafrican daily newspaper https://www.afrik-news.com/ Afrik.com, Africa's portal offers a daily online newspaper with information on what is going on in the world, culture, economics, sport, societies of 56 african countries. en Afrik-news.com : Africa news, Maghreb news - The african daily newspaper https://www.afrik-news.com/images/logo_moyen.gif https://www.afrik-news.com/ Argentine orders the evacuation of Libertad ship by Ghanaian authorities. https://www.afrik-news.com/article19393.html Mon, 22 Oct 2012 15:05:08 +0200 Ojong Debra France provides financial aid to DR Congo to assist the homeless persons https://www.afrik-news.com/article19379.html Wed, 17 Oct 2012 12:08:33 +0200 Ojong Debra The Global Fund Welcomes U.S. Budget Allocation of US$1.05 billion for 2011 https://www.afrik-news.com/article19225.html Mon, 18 Apr 2011 17:32:34 +0200 Geneva – The Global Fund to Fight AIDS, Tuberculosis and Malaria warmly welcomed passage of the continuing resolution for the Fiscal Year 2011 U.S. budget which contains a US$1.05 billion contribution to The Global Fund. Zambia: President accused of bill amendment to get money https://www.afrik-news.com/article19147.html Mon, 21 Mar 2011 11:12:40 +0100 President Rupiah Banda of Zambia is concerned with his bank balance and has embarked on a campaign that would ensure a comfortable pension as chances of his return to power grow slimmer. Finding Gaddafi's hidden fortune https://www.afrik-news.com/article19097.html Thu, 10 Mar 2011 21:18:40 +0100 The Gaddafi clan's opaque financial empire has been ingeniously created by virtue of a complex fragmentation of accounts and investments; A strategy designed to throw any attempt to hunt for their ill gotten wealth off balance. Victor Guilbert Ethiopia, Nigeria, DRC to get increased aid from UK https://www.afrik-news.com/article19052.html Wed, 02 Mar 2011 11:57:00 +0100 Ethiopia, Nigeria, and the Democratic Republic of Congo will receive more direct development aid from the United Kingdom as the aid to other countries adjudged to have "graduated" out of poverty is cut. Konye Obaji Ori Egypt and Tunisia: Economic turmoil after revolution? https://www.afrik-news.com/article18956.html Tue, 15 Feb 2011 17:13:08 +0100 Shortly after revolting against their autocratic leaders Tunisians and Egyptians are droning in the aftermath of their uprising. The political uncertainty in Tunisia after the ousting of President Zine El Abidine Ben Ali has forced many Tunisians to flee across the Mediterranean. Across the border, Egyptians are belligerent about their wages and have begun to protest against the current military authority. Konye Obaji Ori Crisis hits Ivory Coast economy https://www.afrik-news.com/article18962.html Tue, 15 Feb 2011 17:04:10 +0100 Laurent Gbagbo, one of the two presidents of the Ivory Coast, has accused Washington of supporting his rival, Alassane Ouattara. He has also accused some newspapers of trying to destabilize the country and threatened them with harsh measures. The Economic Community of West African States (ECOWAS) suspects South Africa, which has deployed a warship off the coast of Abidjan, of supporting Gbagbo. The economy of the West African country has been plunged into chaos. Prince Ofori-Atta China ranks as world's 2nd largest economy https://www.afrik-news.com/article18949.html Mon, 14 Feb 2011 10:40:16 +0100 <p class="spip">China has overtaken Japan as the world's second-biggest economy.</p> <p class="spip">Japan's economy was worth $5.474 trillion (£3.414 trillion) at the end of 2010, figures from Tokyo have shown. China's economy was closer to $5.8 trillion in the same period.</p> Africa: A man without a job has no status https://www.afrik-news.com/article18925.html Wed, 09 Feb 2011 17:03:00 +0100 For 17 years Peter worked as a machine operator in a South African textile plant. It was not high-paying work, but it paid the bills and kept his family above the poverty line. When he lost his job because foreign imports were cheaper, he told University of KwaZulu-Natal researcher Claire Ichou, he was plunged into poverty — and despair. “Peter explains very painfully how he has lost his dignity,” she wrote in an academic paper. “He declares that his wife does not respect him. He tells us that his children are starving.” In Peter's eyes, she continued, “a man without a job is not a man and there is nothing he can do. He has no status.” Michael Fleshman Mubarak's billions and a lot of hungry Egyptians https://www.afrik-news.com/article18923.html Wed, 09 Feb 2011 15:52:41 +0100 President Hosni Mubarak and his family could own as much as 70 billion U.S. dollars in assets against a backdrop of millions of hardworking but poverty stricken Egyptians. The North African country's official unemployment rate exceeds 9 per cent while a fifth of its 80 million population lives on less than a dollar a day. Underemployment and informal work in the country have remained among the highest in the world. Falila Gbadamassi Ivory Coast: A battle over financial signature https://www.afrik-news.com/article18813.html Mon, 24 Jan 2011 18:00:56 +0100 Philippe-Henri Dacoury-Tabley, Governor of the Central Bank of West African States (BCEAO), was forced to resign over the weekend by the Conference of Heads of State and Government of the West African Economic and Monetary Union (WAEMU), which took place in Bamako, Mali. Dacoury-Tabley has been accused of failing to implement the institution's decision to recognize only the signature of Alassane Ouattara, president elect of the Ivory Coast. Falila Gbadamassi Ethiopia: Devalutation and speedy growth breed economic chaos? https://www.afrik-news.com/article18778.html Tue, 18 Jan 2011 18:11:36 +0100 Ethiopian Government and entrepreneurs seem to have found a common ground to find a solution to a recalcitrant double digit inflation after the former was forced to revise a price cap it recently imposed on basic consumer items following commodity shortages in Addis Ababa, the capital, as a result. Some argue that a speedy growth coupled with a 16.7 percent devaluation of the local currency last September are to blame. Desalegn Sisay Zimbabwe workers set to cripple fragile economy https://www.afrik-news.com/article18753.html Sat, 15 Jan 2011 14:33:39 +0100 Zimbabwean civil servants who number more than 200 000 have issued a seven day ultimatum to the crisis ridden inclusive administration over salaries. Piracy in Somalia and Nigeria cause collapse of financial institutions https://www.afrik-news.com/article18750.html Fri, 14 Jan 2011 12:24:40 +0100 Somalia, Nigeria and the Gulf of Guinea, and the Malacca Straits cost the Global economy about $12 billion a year from piracy operations, experts have revealed. The estimated amount had increased roughly five-fold since 2005, the reports claimed. Desmond North