AFRICAN-SPECTRUM
August 2000
Volume II - Issue 5
 

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Cote d’Ivoire

African Producers Seek Better Price For Cocoa

ABIDJAN, Cote d’Ivoire (PANA) - The four big cocoa producing countries in Africa have met in Abidjan, Cote d’Ivoire, to map out strategies aimed at bringing back the price of the commodity which has plummeted on the world market.

Nigeria

Bank Frauds In Nigeria Hit 7 Billion Naira

LAGOS, Nigeria (PANA) - The amount involved in bank frauds in Nigeria rose from 3.196 billion naira in 1998 to 7.4 billion naira last year, despite a sharp decline in the number of fraud cases in the period, according to the regulatory body for the industry.

South Africa

South African Firms Scoop Prestigious Awards

CAPE TOWN, South Africa (PANA) - Seven months after entering the competitive USmarket, Dimension Data’s chairman Bernie Mikulu and vice presidents, Paul Ferraro and Eric Williams, this week received the prestigious Entrepreneur of the Year Award for the North Eastern United States region.

Burkina Faso

Burkina Faso Holds Municipal Elections 24 September

OUGADOUGOU, Burkina Faso (PANA) - Burkina Faso is to hold municipal elections on 24 September 2000, according to a Presidential decree issued in Ouagadougou Thursday. The election had been postponed twice obliging the National Assembly to set up a special team to run the town councils.

Mali

Bamako To Host Afico-Mali Fruit Juice processing Plant Bamako,

Mali (PANA) - The Afico-Mali investment company, a branch of the Libyan foreign investment outfit based in Mali, is to establish a fruit juice and syrup production plant in Bamako, estimated to 1.5 billion CFA francs. The company’s board of directors has signed the contract for the venture, following the completion of technical and financial feasibility studies.

France

Space Engineer On Capacity Building For African Development

PARIS, France (PANA) - Africa should in the new millennium focus its efforts on capacity building as a means for achieving its development goals, UNESCO’s goodwill ambassador Cheick Modibo Diarra has said.

Kenya

Power Headaches Seen Ending In Three Years

NAIROBI, Kenya (PANA) - An energy expert in Nairobi has said that the envisaged injection of 60 billion shillings (about 793.6 million US dollars) for additional power projects to produce an extra 383 megawatts in the next three years would drastically alleviate Kenya’s teething power problems.

Liberia

ECOWAS Leaders Meet Parties To Sierra Leone Conflict

MONROVIA, Liberia (PANA - A team of West African leaders has held a meeting with representatives of the Sierra Leonean government and the rebel Revolutionary United Front in Monrovia, Liberia’s information minister, Joe Mulbah said. The heads of state, acting under the aegis of ECOWAS, included Malian president and ECOWAS chair Alpha Omar Konare; Togolese president and OAU chair Gnassingbe Eyadema and Presidents Olusegun Obasanjo of Nigeria and Yayah Jammeh of Gambia.

 

Mozambique

State Reveals Ambitious Plans For Nacala Corridor

MAPUTO, Mozambique (PANA) - The Mozambican minister of transport and communications, Thomas Salomao said the government has ambitious plans to transform the northern Nacala Development Corridor into a competitive and quality service for use by importers and exporters. “We want the big navigation companies, importers and exporters of Mozambique, Malawi, Zambia and the Democratic Republic of Congo to look at this corridor as one above par to carry out their activities”, he said.

 

 

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