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African press review 27 September 2016

 Recession-hit Nigeria contracts a budget serving loan of one billion dollars from the African Development Bank while  the #FeesMustFall Campaign turns violent in South Africa.
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Africa's largest economy needs a $3.5 billion emergency loan after getting hammered by the oil crash (USO, OIL)

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Nigeria has asked the World Bank and African Development Bank for a $3.5 billion loan, according to The Financial Times. The request comes as Africa's largest economy grapples with a $15 billion budget deficit in the wake of the oil...

A $3.5 billion loan 'would hardly be enough' to turn things around for Africa's largest economy (USO, OIL)

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Nigeria reportedly asked the World Bank and African Development Bank for a $3.5 billion loan. The request comes at a time when Africa's largest economy is dealing with the new(ish) reality of lower oil prices. The loan is intended t...

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Kenyan government agency names 32 counties which have broken the tribalism record. while South Africa's MTN to sell 35 percent of its investments in Ghana.

African press review 17 September 2016

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Controversy looms over South Africa's giant nuclear projet after the reported award of a juicy  contract to President Zuma's family friend. Nigeria splashes out 900 million euros to stear the economy out of recession, and dozens of ...

African press review 28 September 2016

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MT is in turmoil as Nigeria prepares to probe the alleged repartriation of 12 billion euros to South Africa.  Meanwhile, Indian Vice President ends Nigerian visit with pledge to pump four billion euros into the economy.

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