Economy and Development March 27, 2023
Chad has nationalised all the assets and rights, including hydrocarbon permits and exploration and production authorisations, that belonged to a subsidiary of Exxon Mobil, the West African nation’s energy and hydrocarbons ministry said in a statement.
The United States will provide $100m to Ghana and four other West African countries to help them deal with instability and violence from armed groups, Vice President Kamala Harris says during a visit to Ghana.
Ethiopia has announced that construction of its controversial mega-dam project, the Great Ethiopian Renaissance Dam (GERD), has reached 90% completion.
The Economic and Monetary Community of Central Africa (CEMAC) has taken a decision to stop using the Franc CFA (FCFA).
Banks in South Africa are expected to experience some changes in the coming years, particularly in terms of digital modernization and new payment methods.
Germany and Tanzania want to work to clarify and correct past events, namely the return of the remains of countless victims of the colonial war to Tanzania, still deposited in German museums alongside cultural objects looted from Africa.
For monetary donations to the project:
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Bank of Commerce and Industry (BCI), R. Rey Katiavala, 224, Luanda - Account 4102547210-001