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'W African gas pipeline almost ready'
A long-delayed West African Gas Pipeline project that aims to supply Nigerian gas to Ghana, Togo and Benin should start working before end first quarter 2007


Nigeria's oil refineries critisized
Nigeria has been plagued by acute petrol scarcity since late December and critics say the country's poorly maintained refineries are to blame


Abidjan regional bourse opens week stable
The Abidjan-based West African stock exchange, BRVM, closed trading Monday, with the Composite Index at 112.82 points and the 10-Index at 131.02 points, both unchanged from last Friday's levels.


Obasanjo banks on sustainability of economic reforms
With less than five months to the end of his tenure, Nigeria's President Olusegun Obasanjo, insisted Monday his administration's economic reforms had come to stay.


Guinea paralysed by strikes
Police have arrested dozens of people in Guinea and clashed with demonstrators on the sixth day of a strike against corruption that has paralysed the country


Nigerians groan as fuel shortage bites
Thousands of Nigerians have spent several hours at petrol service stations on Saturday as fuel shortages began to bite in the oil-rich west African country


Libya to invest in Benin
Libya plans to invest more than 120 billion CFA francs ($23bn) on tourism, oil and agriculture projects in Benin, the presidency said in a statement here Friday.


Nigeria awards fifth GSM licence to UAE company
Nigeria's federal government has awarded the country's fifth GSM licence to Mubadala Development Company of the United Arab Emirates at a cost of US$400mn, the regulatory Nigerian Communications Commission (NCC) said in a statement in Abuja, the capital.


Industrialists nudge Nigerian gov't on fuel scarcity
The umbrella Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has asked the federal government to find a "more pragmatic" solution to the perennial fuel scarcity in the country.


Liberian govt records increased revenue intake
Days before the first anniversary of its coming to power, the government of Liberian President Ellen Johnson- Sirleaf has announced revenue intake of US$60.75mn in the first six months in the current budget year, media reports said here Sunday.


Nigeria to revamp aviation sector
Nigeria is set to introduce sweeping changes in the aviation sector to guarantee safety and security in the industry, a top official of the West African nation said here.


Germany-Africa partnership looks at accountability
The second German - Africa Partnership Forum has ended in Accra on Sunday with a pledge for good governance and accountability in Africa


Europe gives Ivory Coast E103m
The European Union will give Ivory Coast E103m ($132mn) to organise elections and help fund a disarmament process in the politically and militarily divided nation.


SKorea in talks with kidnappers
The South Korean government is in negotiations to secure the release of nine oil workers who were abducted by armed militants in Nigeria.


Nigeria raids another newspaper
Nigerian security agents have raided the office of a private newspaper in Abuja, in the second such action against the independent press this week.


General strike paralyses Guinea
A general strike has shut down much of the capital in the west African nation of Guinea.


IMF boss predicts Africa to hit over 5 percent growth in 2007
International Monetary Fund (IMF) managing director Rodrigo de Rato has said economic growth in sub-Saharan Africa would probably be higher than 5 percent in 2007 for the third year running and that the prospects were also good for next year.


Bid for Nigerian oil blocks set for next month
The bid round will come up at about the middle of February.


Italy signs major development agreement
The Italian deputy minister of foreign affairs in charge of cooperation, Patrizia Sentinelli, signed a financial agreement worth 2.155 billion FCFA ($400mn) in favour of a vast development project in Southern Senegal on Tuesday.


IMF asks donors to stick with their promises
Rodrigo Rato has called on donor nations to 'stick to their promises' on increasing aid to the developing world





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