Nigeria is studying the currency changes ringing through the West African region and will respond in due course, a statement by a media aide to the Minister of Finance, Budget and National Planning said. “Nigeria has received the news of the change of the UEMOA Currency, the CFA (Communaute Financiere d’Afrique) to Eco supposedly as […]
Morocco’s phosphates and fertilizer producer, OCP, signed a memorandum of understanding with the African Union Commission and the African Union’s Development Agency, AUDA-NEPAD, to develop Agriculture in the continent. The agreement was signed on the sidelines of the ongoing African Green Revolution Forum (AGRF) in Accra, Ghana, Sept. 3 – 6. The deal reflects […]
The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]
