NewsWest Africa

Mon,21Aug2017

West Africa

Informal economy not enough to handle Africa's workforce explosion

Students leave school at the end of the day in a suburb of Johannesburg, South Africa, April, 2014. Photo: Denis Farrell/AP/SIPAUnemployment in Nigeria, sub-Saharan Africa's largest economy, is running at more than 14% and climbing; in South Africa, the second largest economy, it is over 27%. For youth in both places, it is far more.

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Locked Up and Forgotten

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Death row inmates at Ghana's Nsawam Prison languish in grim conditions as Amnesty International calls on the country's new government to abolish the death penalty

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Nigeria's state oil company signs deals with Chevron, Shell

In this May 15, 2017 photo, motorists pass a Chevron sign listing gas prices, in Miami Springs, Florida. Photo:Alan Diaz/AP/SIPANigeria's state oil company said on Thursday it had signed financing agreements with Chevron and Shell worth at least $780 million to boost crude production and reserves.

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Diamond Bank to sell Francophone operations

Diamond Bank is to sell its subsidiary in Francophone Africa, Diamond Bank Benin, to Ivorian insurance group NSIA.Nigeria's Diamond Bank is to sell its only subsidiary in Francophone Africa, Diamond Bank Benin, to Ivorian insurance group NSIA, according to Jeune Afrique Business+, the business news platform of Jeune Afrique Media Group.

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Ghanaian teen builds video search engine to rival YouTube

This 2015 photo shows signage with a logo at the YouTube Space LA offices in Los Angeles. Photo:Danny Moloshok/AP/SIPAGhanaian university student Gabriel Opare wanted to build a search engine that could challenge the dominance of YouTube.

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Nigerian banks seek Etisalat Nigeria cash flow clarity before results

 Staffs of Etisalat Nigeria wait for customers during the launch of mobile number portability, in Lagos, Nigeria, April 22, 2013. Photo: Sunday Alamba/AP/SIPAEtisalat Nigeria's rescue has put the country's banks in a quandary as they prepare for half-year results due this month as they do not know whether to provision for loans to the company until they can work out its value.

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