Mozambique GDP Growth Hit 3.3% as Inflation Witness Rapid Decline to 4.7%

The Mozambican economy is recovering gradually as the real Gross Domestic Product (GDP) increased to 3.3% in the first three quarters of 2018, supported...

Nigeria’s Inflation Declines to 11.26%

Inflation rate in Nigeria dropped to 11.26 percent in the month of October 2018 after rising consecutively in August and September. According to data released...

World’s Poorest Countries Must Nurture Dynamic Businesses That Create Jobs – UNCTAD

From Afghanistan to Zambia, governments in the world’s most disadvantaged countries must prioritize dynamic enterprises and enact policies to help them thrive, create jobs,...

US Banking Sector Records $62bn Profit in 3rd Quarter

The banking sector in the United States has reported a cumulative profit of $62 billion in the third quarter of 2018. The increased by 29.3...

Nissan Plans to Fire Carlos Ghosn over Misconduct

Japanese car giant, Nissan, has proposed removing Chairman Carlos Ghosn from his post over financial misconduct claims. The firm is said to have conducted an...

Congo’s Non-Oil Sector Remains in Deep Recession

Economic activity in the Democratic Republic of the Congo is said to be stabilizing even though growth in its oil sector is strong, the...

Economic Activity in Gabon Improves by 1.2% Following $642 million Grant

The Central African country of Gabon has received US$642 million extended arrangement under the Extended Fund Facility (EFF) for Gabon, or 215% of Gabon’s...

Japan Airlines to Introduce New Measure on Alcohol Rules for Pilots

Japan Airlines will introduce a new breathalyser system at airports abroad after one of its pilots was arrested at Heathrow Airport for being drunk. Katsutoshi...

11 Private Firms To Partner Ondo In Commercial Production of Bitumen

… Ondo roads to get massive boost in Q1 2019 Following the final preparations for the commencement of commercial production of Bitumen by the Ondo...

Inflation to Remain Below 2% in Congo as Country Expects Oil Export Expansion

The International Monetary Fund (IMF) has confirmed that inflation rates in the Democratic Republic of Congo is projected to remain below 2 percent, and...

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