NewsInternational

Sat,06Feb2016

International

South Africa aims to lift coal exports to India

Photo©ReutersSouth Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal last year, industry officials said on Friday, as a drop in exports from rival Indonesia opens up the chance to grab market share.

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Egypt sees World Bank funds arriving soon, eyes more Saudi aid

Egypt's International Cooperation Minister Sahar Nasr. Photo©ReutersEgypt expects to receive a $1 billion World Bank loan approved in December once outstanding paperwork is finalised and is negotiating to secure more aid from Saudi Arabia, International Cooperation Minister Sahar Nasr said on Thursday.

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More bills than thrills for Africa's middle class

Last of the big spenders: say goodbye to the middle-class myth. Photo©Per-Anders Pettersson/CosmosA new study by Africa-focused distribution company CFAO argues that Africa's middle classes are smaller, more conservative and more fragile than others have claimed.

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Ex US attorney general, Eric Holder to help MTN on Nigeria fine

Former U.S. attorney general, Eric Holder. Photo©ReutersMTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday.

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Mugabe speaks his mind to rapturous applause at African Union

Zimbabwean President Robert Mugabe. Photo©ReutersZimbabwean President Robert Mugabe handed over the chairmanship of the African Union to the Chad President Idriss Déby at the 26th African Union Summit in Addis Ababa.

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EU announces budgetary package to boost Ghana's employment policies

Photo©ReutersThe European Union (EU) has announced €31.6 million in aid to bolster Ghana's employment and social protection programmes, barely a year the European bloc supported the West African country with €190 million to improve service delivery.

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