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China-Africa Trade Information Service
The Minister of Transportation, Rotimi Amaechi, has explained that the clause 'waiving sovereignty' in the loan agreement between Nigeria and China is only a contract term, a sovereign guarantee that assures payback according to the terms and conditions of any loan.
This was the slowest increase in prices of goods and services- technically known as inflation- since the country reported its first case of Covid-19 in early March.
On March 28, 2020, the US announced new regulations in the tech industry designed to ban Huawei from using US manufactured (or owned) technology and software. Though the move was far from unexpected, it came as a blow to Chinese tech giant Huawei
Titled Recover Better: Economic and Social Challenges and Opportunities, the report analysed economic trends critical to the achievement of the Sustainable Development Goals (SDGs) and recovery from the disease.
Others are reporting that the full restoration is in the capital Addis Ababa, which was one of the worst hit places in the violence that according to government precipitated the outage as a national security measure.
According to the recently published African Economic Outlook 2020 report by the African Development Bank (AfDB), Tanzania will see a drop in its GDP growth to 5.2% in 2020 and 6.3% in 2021, from the pre-COVID–19 estimates of 6.4% and 6.6%.
Morocco's House of Councillors has approved the amended 2020 finance bill, fixing the state budget for the year 2020, in a majority vote.
Zambia’s mines minister, Richard Musukwa, said the government had made it clear from the beginning that it wants Mopani to continue and said he was happy Mopani had “responded favourably” to his call not to place the mine under care and maintenance.
Activity at Morocco’s national ports reached 88 million tons in 2019, representing an increase of 3.2% compared to a year earlier.