Business

Sun,14Sep2014

Business

Singapore-Africa: An island with continental ambitions

Singapore-listed Olam has planted 3,600ha of rice in Nigeria’s Nasarawa State. Photo©OlamSingapore will host its third biennial African trade summit in August, building on an already thriving business ecosystem.

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Cote d'Ivoire: A turning point

Infrastructure is one way to build a bridge over troubled water in Côte d'Ivoire. Photo©Olivier for TARThe figures for economic growth are putting some swagger in Côte d'Ivoire's stride, but business leaders and oppositionists say the hard work has not even begun. Big infrastructure projects are underway all over the country, although local companies are struggling to access credit.

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China offers $50 mln to Mali in midst of IMF talks

China has extended 26 billion CFA francs ($51 million) in funding to Mali, the West African country said on Friday, as it negotiates a programme with the International Monetary Fund.

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Côte d'Ivoire: Production drops as expectations rise

Total’s discovery at saphir-1xB raises hopes of other lucrative deposits in the area. Photo©Olivier for TAR A new discovery in the Ivory Coast's western waters could be key to the government's plans to raise oil production rapidly by 2019.

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Ghana's inflation climbs

Ghana's currency, the Cedi. Photo©ReutersGhana's annual inflation rate continued to rise high in August hitting a four year-high of 15.9%, the government said this week.

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Mining: Sibanye says in talks about possible South Africa job cuts

South African-focused bullion producer Sibanye Gold said on Friday it was starting talks with unions and other stakeholders about possible job cuts at its Cooke 4 mine to boost profits and productivity.

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IMF says Ebola hits economic growth in Liberia and Sierra Leone

Economic growth in Liberia and Sierra Leone could decline by as much as 3.5 percentage points as the worst-ever outbreak of Ebola has crippled the key mining, agriculture and services sectors in the two West African countries, the IMF said on Thursday.

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