CFA franc

By IndepthAfrica
In Article
May 10th, 2012
0 Comments
24 Views
Chika Ezeanya The euro zone continues to falter as uncertainty surrounding the fiscal actions of Greece and Italy, skyrocketing unemployment figures and living costs lead to ever gloomier predictions. Conversely, most African economies are increasingly recording impressive growth rates in GDP and in ...
By IndepthAfrica
In Article
Apr 27th, 2012
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181 Views
Union is drafting a new trade code for Chinese investments Antoine Roger Lokongo The West African Economic and Monetary Union (UEMOA) is an organization of eight West African states. It was established to promote economic integration among countries that share the Communauté Financière d’Afriqu...
By IndepthAfrica
In Central Africa
Feb 19th, 2012
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27 Views
Bangui – Chadian rebels have robbed about 40 people including a local government official of their belongings in attacks in the Central African Republic, police told AFP on Saturday. FPR rebels loyal to general Baba Ladde attacked the group travelling by taxi, motorcycle or on foot on a road be...
By IndepthAfrica
In Cote d'Ivoire
Jan 27th, 2012
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11 Views
Theft and poor management also cited as public health scheme is downscaled to include women and young children only Ivory Coast is abandoning free healthcare for all after a brief experiment because of rapidly escalating costs. “In nine months the government had to pay 30bn CFA francs [about US...
By benim
In Business
Dec 29th, 2011
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25 Views
Cameroon state firm SODECOTTON has increased farm gate raw cotton price by 27.5 percent for the current harvest in an effort to dissuade farmers from smuggling their produce to neighbouring Nigeria, a spokesman said on Wednesday. SODECOTTON said it will pay farmers 255 CFA francs per kg of cotton thi...
By benim
In News
Sep 20th, 2011
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21 Views
Dakar – Senegalese President Abdoulaye Wade intends to file a lawsuit for defamation against an Africa adviser at the French presidency who named him in a dirty cash scandal, an aide said on Tuesday. The lawsuit will be filed “this week in Paris and Dakar”, said a close aide to Wade...
By benim
In News
Aug 12th, 2011
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13 Views
A spike in pirate attacks off Benin has forced dozens of ships to steer clear of the West African state’s waters, the head of the country’s navy said of a trend that is likely to hit the its port-heavy tax revenues and hurt economic growth. The tiny nation has been hit by a series of [&he...
By benim
In Benin
May 7th, 2011
4 Comments
32 Views
Benin President Boni Yayi’s party won 41 of the 83 seats up for grabs in last month’s legislative elections, while parties allied with him won another 11, according to provisional results released on Friday. The results will give the West African country’s leader an effective majori...