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African central banks to keep interest rates tighter for longer

After acting aggressively for more than a year, officials in Nigeria and South Africa may increase borrowing costs, while those in Kenya and Mozambique are likely to stand pat.

South africaSouth africanChurchill ogutuGodwin emefieleGerrit van rooyenLesetja kganyagoChristian wietoskaSunmisola ikoli oluwoKristalina georgievaGloria fadipeFolashodun shonubiDamilola onafuwa bloombergHassan abdallaKamau thuggeDeutsche bankFederal reserve

Nigeria s $25bn gas line may get investment nod next year

The project will cost $20-25 billion to build and will be constructed in phases.

Niger deltaNigeria generalAbuja federal capital territoryDamilola onafuwa bloombergMele kyariExxon mobil corpMorocco national office of hydrocarbonsNigerian national petroleum coEnergy marketing ltdEconomic community of west african statesSeplat energy plcShell plcWest africanNigerian national petroleumNational officeExecutive officer mele kyari

An economic perfect storm is battering emerging markets Debt crises loom

With a strengthening dollar and rising commodity prices, developing nations are having a hard time paying their debts.

United statesFrance generalEl salvadorSri lankaDanube riverRomania generalDamilola onafuwa bloombergLinda thomasFrancesc balcellsVasuki shastryChicago council on global affairsInternational monetary fundWorld bankInvestment bankParis clubSouth american

Poorer and emerging market nations are hit hardest by growing global debt crisis : NPR

With a strengthening dollar and rising commodity prices, developing nations are having a hard time paying their debts.

United statesFrance generalEl salvadorTurkey generalSri lankaDanube riverRomania generalBuenos airesDistrito federalDamilola onafuwa bloombergLinda thomasFrancesc balcellsVasuki shastryChicago council on global affairsInternational monetary fundPablo barrera anadolu agency

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