24 November 2011 London — Nigeria's economy in spite of its current debt to GDP ratio of 20 per cent will grow by more than 7 per cent in 2012, Dr Dalhatu Tafida, has said. Tafida, Nigeria's High Commissioner to the UK, made the statement while briefing the Business Council for Africa (BCA) on doing business in Nigeria in London on Wednesday. He said although the debt profile was still below the threshold of 60 per cent, it would not be a disincentive to domestic savings and capital expenditure. The Read more [...]

DAKAR  - Senegal on Tuesday banned all planes travelling to or from Guinea from using its airspace following a row over a Senegalese plane grounded in the neighbouring country. The row is the latest in a series of spats between the West African neighbours after Guinean President Alpha Conde accused Senegal of being complicit in a failed attempt to assassinate him in July. Senegal's government said in a statement that a plane belonging to Senegal Airlines had been grounded by Guinean authorities Read more [...]

ABIDJAN—Ivory Coast will award third-generation mobile telecoms licences by the end of the year, information technology and communications minister Bruno Kone said on Tuesday. "We also plan to invest nearly 9 billion CFA francs ($18.7 million) to create some 2,000 km (1,300 miles) of fibre optic cable, extending the network into rural areas," said Kone, speaking by telephone. Kone gave no further details. Ivory Coast counts between 15 and 16 million mobile phone subscriptions with just 300,000 Read more [...]