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FOREX Africa: How Will Oil Price Collapse Affect Africa’s Big Three Economies?
As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all the usual complications of international trade and...
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Angolan Oil Company Gets $2 Billion Credit From China
From AllAfrica A U.S 2.0 billion credit will be granted by the China Development Bank to the Angolan Oil Company (Sonangol E.P) to boost its expansion projects in the oil and gas segments. The...
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Algeria Border Security Affecting Region
From Magharebia Algeria is preparing for worst-case scenarios, due to the deterioration of conditions in the Sahel. Mounting concerns over border security led Algeria to toughen its stance towards...
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Thousands Protest In Benin Over Elections Delay
From France 24 Several thousand people took to the streets of Benin’s commercial hub Cotonou on Thursday, in two separate marches prompted by a delay in holding local elections scheduled for last year....
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Burkina Faso’s Deposed President Compaore Returns To Ivory Coast
From Voice of America Burkina Faso’s deposed president Blaise Compaore arrived in Ivory Coast on Friday on the latest stage of an odyssey which has taken him to several countries since he was toppled....
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UN Political Chief Encouraged By Burundi’s Committment To Elections
From UN As Under-Secretary-General Jeffrey Feltman wrapped up his visit to Burundi, he met today with President, Pierre Nkurunziza, to discuss issues related to the drawdown of the United Nations...
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The Central African Republic’s Hidden Conflict & Violence
From International Crisis Group Away from the international spotlight, the Central African Republic’s rural areas are turning into fields of violence as war over territory and livestock hits a highly...
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Djibouti FM Happy About ‘Excellent’ Ties With Neighbors–Except Eritrea
From World Bulletin Djiboutian Foreign Minister Mahmoud Ali Youssouf has said that his country enjoys “excellent” relations with all its neighbors – except Eritrea. “There has been no major...
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Turkey’s African Expansion Strategy Boosts Trade Relations With Ethiopia And...
From Diplomat In accordance with Turkey’s African Expansion Strategy, a Djibouti and Ethiopian Trade and Engineering Committee was established under Economy Minister Nihat Zeybekci. Speaking at the...
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Sudan Bans Media From Reporting On Ebola
Sudan has prohibited local media from covering any news related to the Ebola virus. According to the government, it is for security reasons that they have circulated warning to all media outlets not to...
View ArticleParis Chamber Of Commerce Wants French To Invest More In Senegal
The Chamber of Commerce and Industry of Paris (CCIP) is urging French companies to increase their investments in Senegal. “CCIP President Pierre Antoine Gailly told an investors’ forum organized on the...
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Guinea-Bissau Has Suspected Ebola Case
From Yahoo A man who entered Guinea-Bissau from neighbouring Guinea the day after the border reopened is being treated for suspected Ebola, a medical official said on Friday. The traveler was running a...
View ArticleTunisia Shuts Largest Border Point With Libya
From Aljazeera Tunisia closed its largest border point with Libya at Ras Gdair on Sunday following heavy clashes between the forces of retired Libyan General Khalifa Haftar and the Dawn of Libya rebel...
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Nurse Recalls Ebola Outbreak In Liberia
From USA Today There were no washcloths or baby wipes to use when bathing patients. Patients lay on paper sheets that couldn’t withstand soiling. “When you tried to turn somebody to get them off their...
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Ghana National Gas Company Board Chairman Speaks Out Against Ghana Gas Takeover
From Ghana Web The Board Chairman of the Ghana National Gas Company, (GNGC), Dr. Kwesi Botchwey has described the failure of authorities of the Energy Ministry to inform him of GNPC’s takeover of GNGC...
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Teen Girls Joining Boko Haram
From The Daily Beast Nigeria is facing a rise in female teenage suicide bombers at the service of terror group Boko Haram. Residents of northern Nigeria are more on edge than ever. On top of a year of...
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Miss South Africa Crowned Miss World
From Seychelles News Agency Miss South Africa, 22-year-old Rolene Strauss, was crowned Miss World 2014 at the pageant’s final in London on Sunday, with an estimated billion viewers watching on...
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Kenya Cuts Maximum Retail Prices Of Oil
From CNBC Africa Kenya’s Energy Regulatory Commission cut the maximum retail prices of petroleum products on Sunday. This was because the cost of importing refined products had fallen. Since 2010,...
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African Petrostates Hit Hard By Falling Oil Prices
At its Nov. 27 meeting in Vienna, the 12-member Organization of Petroleum Exporting Countries (OPEC) – including Nigeria and Angola – voted to keep their output unchanged despite a 40 percent fall in...
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Is Nigeria At Risk Of Even More Violence?
Why is it that oil rich countries are unable to translate massive windfalls from multinational corporations such as British Petroleum and Chevron? The most common answer given to this question is...
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