News on the economic sectors
Africa Capacity Index (ACI) 2019
Since 2011, the African Capacity Building Foundation (ACBF – specialized agency of the AU, located in Harara, Zimbabwe https://www.acbf-pact.org/) publishes an annual Africa Capacity Report (ACR).
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Zimbabwe will introduce a new currency in November 2019
Zimbabwe will introduce a new currency in November 2019.
10 years after the abolition, in November 2019, the Central Bank of Zimbabwe plans to reintroduce its currency Zimdollar ( ZWL).
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Ghana. Government to construct mini hydro power plants across the country
Mr. John Peter Amewu, Minister for Energy has hinted of plans by government to construct more mini hydro power plants across the country to add-on power supply from the national grid.
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Togolese parliament adopts treaties that bring the country closer to the Single African Air Transport Markert (SAATM)
During their most recent session on October 1, 2019, Togolese deputies discussed security issues impairing air transport and services, as well as the Single African Air Transport Market (SAATM).
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Ghana's Cocoa Value Chain
Over 60% of cocoa produced globally originates from West Africa, with Ghana recognised as one of the world’s largest producers, second only to Côte d’Ivoire.
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In Nigeria, Oil and Gas Bayelsa State is launching an agricultural development project, especially aquaculture.
Bayelsa is a state in southern Nigeria in the core Niger Delta region, between Delta State and Rivers State.
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Regulatory improvements in Nigerian electricity market are aimed at improving the performance of the electricity supply industry
The Nigerian Electricity Regulatory Commission (NERC) will grant new electricity tariffs to electricity distribution companies, provided they submit Performance Improvement Plans (PIPs).
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Top 6 largest stock exchanges in Sub-Saharan Africa
1) Johannesburg Stock Exchange (JSE): market capitalization - $ 1.061 trillion, number of listed companies - 411;
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Ukraine To Invest $2bn Manufacturing, Agro-Processing Equipment In Nigeria
Ukraine would invest over $2billion in the provision of manufacturing equipment, agro-processing, agricultural, metal, and plastic equipment to Nigeria.
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African air transport market is unified. African Open Sky was launched
During the 30th African Union summit in Addis Ababa (Ethiopia) on January 28, 2018, the African Open Sky was launched - African Open Sky https://www.africanopensky.aero/ .
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