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  • Africa's growth rate speeds up
    Maputo - Africa's economy will grow by 6.0% this year and next, an acceleration from 2007, owing to high oil prices and demand for commodities, research from the African Development Bank (AfDB) showed Monday. The joint research by the AfDB, the
  • Mozambique: Infrastructures Needed to Propel Rural Finance
    Developing rural financial services in Africa depends on infrastructures to link rural residents to financial institutions and to markets, stressed an African Development Bank (ADB) Consultant, Zeinab El Bakri, speaking in Maputo on Monday. What was
  • $1bn for African Agriculture
    Maputo The African Development Bank has committed US 1 billion dollars to revamp the continents agricultural sector, Donald Kaberuka, the banks president, said in an interview. 'We have committed US 1 billion dollars to new agricultural projects in
  • Africa's economic leaders head for Mozambique
    0 Dozens of finance ministers and central bankers are expected among the more than 1,500 delegates attending the two-day meeting in the Mozambican capital Maputo. In a report titled Africa Economic Outlook, the African Development Bank warned that a near
  • Africa's economic leaders head for Mozambique (AFP)

    An undernourished Ugandan boy eats sunflower seeds in a village in Karamoja, April 2008. Finance ministers from across Africa meet in Mozambique for the annual meeting of the African Development Bank amid warnings the continent faces grave dangers from rocketing food and oil prices.(AFP/File/Walter Astrada)AFP - Finance ministers from across Africa meet in Mozambique Wednesday for the annual meeting of the African Development Bank amid warnings the continent faces grave dangers from rocketing food and oil prices.



  • Southern Africa: Region Unveils Single Tourism Brand
    The 2010 Transfrontier Conservation Areas (TFCAs) brand has been unveiled by nine Southern African countries at Durban's Tourism Indaba 2008 in a bid to encourage tourism in these countries. Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa,
  • Mozambique: Interior Ministry Wants More Professional Police
    Mozambican Interior Minister Jose Pacheco on Monday declared that his ministry wishes to create a more professional police force, but this will require heavy investment in training, in equipment and in police infrastructures. Speaking to reports at the
  • Zimbabwe pays 650,000 dollars to reduce foreign debt: AfDB
    MAPUTO (AFP) - Cash-strapped Zimbabwe has paid 650,000 dollars (420,000 euros) to the African Development Bank (AfDB) to reduce its foreign debt but still owes large amounts in arrears, the bank said Monday. AfDB said in a statement on its website that
  • Africa's economy to grow by 6.0 percent this year: AfDB
    MAPUTO (AFP) - Africa's economy will grow by 6.0 percent this year and next, an acceleration from 2007, owing to high oil prices and demand for commodities, research from the African Development Bank (AfDB) showed Monday. The joint research by the AfDB,
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