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Zimbabwe's Delta lager sales hit by power, fuel shortages

Motorists queue for petrol at a fuel service station on the outskirts of Harare, Zimbabwe, on December 11, 2019. PHOTO BY REUTERS/Philimon Bulawayo
Motorists queue for petrol at a fuel service station on the outskirts of Harare, Zimbabwe, on December 11, 2019. PHOTO BY REUTERS/Philimon Bulawayo
01/01/2020

HARARE (Reuters) - Zimbabwe's Delta Corporation, the country's largest drinks maker, reported a 48% fall in half-year lager sales compared with the same period last year after output and distribution were hit by shortages of electricity and fuel.

Ghana wants to join new West African currency but ditch euro peg

Ghana's President Nana Akufo-Addo addresses participants of the "G20 Investment Summit - German Business and the CwA Countries 2019" on the sidelines of a Compact with Africa (CwA) in Berlin , Germany November 19, 2019. PHOTO BY REUTERS/John MacDougall
Ghana's President Nana Akufo-Addo addresses participants of the "G20 Investment Summit - German Business and the CwA Countries 2019" on the sidelines of a Compact with Africa (CwA) in Berlin , Germany November 19, 2019. PHOTO BY REUTERS/John MacDougall
30/12/2019

ABIDJAN (Reuters) - Ghana's government said it is determined to join a West African currency that will replace the France-backed CFA franc as soon as next year in eight regional countries, but it urged members of the currency union to ditch a planned peg to the euro.

Zambia plans to compel copper miners to account for gold

A truck travels to a depth of 516 metres below the surface to collect ore at the Chibuluma copper mine in the Zambian copperbelt region, January 17, 2015. PHOTO BY REUTERS/Rogan Ward
A truck travels to a depth of 516 metres below the surface to collect ore at the Chibuluma copper mine in the Zambian copperbelt region, January 17, 2015. PHOTO BY REUTERS/Rogan Ward
26/12/2019

LUSAKA (Reuters) - Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources, a senior ministry of mines official said on Thursday.

Eastern Libyan force warns against transporting military equipment in civilian planes

Libyan National Army (LNA) members, commanded by Khalifa Haftar, equip the military vehicles to get out of Benghazi to reinforce the troops advancing to Tripoli, in Benghazi, Libya, April 13, 2019. PHOTO BY REUTERS/Esam Omran Al-Fetori
Libyan National Army (LNA) members, commanded by Khalifa Haftar, equip the military vehicles to get out of Benghazi to reinforce the troops advancing to Tripoli, in Benghazi, Libya, April 13, 2019. PHOTO BY REUTERS/Esam Omran Al-Fetori
22/12/2019

BENGHAZI (Reuters) - The eastern-based Libyan National Army force said on Sunday it had monitored a Boeing 747-412 that had flown from Istanbul to Libya carrying military equipment.

West Africa renames CFA franc but keeps it pegged to euro

France's President Emmanuel Macron is welcomed by Ivory Coast President Alassane Ouattara. PHOTO BY REUTERS/Luc Gnago
France's President Emmanuel Macron is welcomed by Ivory Coast President Alassane Ouattara. PHOTO BY REUTERS/Luc Gnago
By Ange Aboa
22/12/2019

ABIDJAN (Reuters) - West Africa's monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that have underpinned the region's common currency since its creation soon World War Two.

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