Lagos- Nigeria (PANA) -- The Nigerian Stock Exchange (NSE) equities transacted during the week declined as a total of 93. Full text...

Khartoum- Sudan (PANA) -- Sudan's first private railway locomotive was delivered at the Red Sea harbour of Port Sudan, press reports said Saturday. Full text...

Gaborone- Botswana (PANA) -- Botswana president Festus Mogae Friday warned that the expected slow-down in the world economy could adversely affect his country. Full text...

Yaounde- Cameroon (PANA) -- The Cameroonian government and America's RSM Production Corporation, have signed a contract for the exploration and exploitation of hydrocarbons on Cameroon's Douala/Kribi on-shore basin. Full text...

Kinshasa- DR Congo (PANA) -- Local and international experts as well as stakeholders in the country's mining sector have finished examining the draft of a new mining code for DR Congo, due submission to President Joseph Kabila for enactment. Full text...

Brussels- Belgium (PANA) -- A five-year fisheries signed between the European Union and Guinea-Bissau is due in force beginning next 16 June. Full text...

Yaounde- Cameroon (PANA) -- Trade ministers of the Central African Economic and Monetary Community (CEMAC) and the Central African Economic Community (CEEAC) have been meeting in Yaounde since Thursday ahead of negotiations between the European Union and ACP countries due in September next year. Full text...

Nairobi- Kenya (PANA) -- Kenyan workers had cause to cheer up Friday, after President Daniel arap Moi promised them he would award salary increases to public servants as from July. Full text...

Lusaka- Zambia (PANA) -- The Common Market for Eastern and Southern Africa (COMESA) is looking for financial resources to support national telecom operators in member states interested in the Comtel project, known as Comesa Telecommunications Interconnectivity Network. Full text...

Lusaka- Zambia (PANA) -- Zambians have to brace themselves for a prolonged public workers' strike after trade union leaders Friday rejected a government offer of 35 percent increase in wages across the board. Full text...

Lusaka- Zambia (PANA) -- Lusaka Stock Exchange continued with an unusual slumber Friday with no share transfers taking place from among 16 companies either listed or quoted on it. Full text...

Lusaka- Zambia (PANA) -- Operators of petrol stations in Zambia Friday disregarded a government threat that it could suspend or revoke their trade licences if they did not revert to old pump prices. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha clung desperately for the fourth consecutive day to 3430 units (buying) and 3500 units (selling) as new rates of exchange set on Tuesday for the greenback. Full text...

Harare- Zimbabwe (PANA) -- Stocks on Zimbabwe's bourse, voted the best performer among emerging markets in April, eased Friday on massive profit taking after a strong rally in May. Full text...

Bissau- Guinea Bissau (PANA) -- Parliament in Bissau this week adopted a budget of about 94,000 million CFA francs (1 dollar = 700 FCFA) for Guinea-Bissau. Full text...

Cape Town- South Africa (PANA) -- South African Tourism is participating at the annual European Incentive Business Travel and Meetings exhibition (EIBTM), a global showcase for the international meetings industry. Full text...

Maputo- Mozambique (PANA) -- The Mozambican and Japanese governments on Thursday signed an agreement under which Japan is to provide 990 million yen (about 9. Full text...

Cotonou- Benin (PANA) -- Some 60 businessmen from Benin and Mali Wednesday in Cotonou exchanged experiences in food processing. Full text...

Dakar- Senegal (PANA) -- A branch of Bouygues-Construction (France) would soon be set up in Senegal, an official of the French civil engineering company, Olivier Bouygues, announced in Dakar. Full text...

Cape Town- South Africa (PANA) -- Fortune magazine editor Thomas Stewart is visiting South Africa to deliver a keynote address at Friday's Accenture Future Company Conference in Johannesburg. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha maintained a fragile stability on Thursday with the official Central Bank exchange rate holding on at 3,430 units against the US dollar. Full text...

Bissau- Guinea Bissau (PANA) -- The International Monetary Fund (IMF) has suspended its co-operation with Guinea Bissau for what it termed as "lack of seriousness" in the management of funds it provided to Bissau. Full text...

Abidjan- Cote d'Ivoire (PANA) -- European Union's Council of ministers is expected to discuss a proposal for the gradual and moderate resumption of aid to Cote d'Ivoire when it meeting from 10-15 June in Brussels. Full text...

Lusaka- Zambia (PANA) -- A copper mine with an estimated lifespan of 18 years has been opened in Zambia's mineral rich Copperbelt province at a cost of 15 million dollars in infrastructural investment. Full text...

Harare- Zimbabwe (PANA) -- Zimbabwe's customs service said Thursday it had seized large amounts of foreign currency being taken out of the country illegally. Full text...

Paris- France (PANA) -- Sudan's foreign minister, Mustafa Osman Ismali, Wednesday said that the country's oil could help spur economic and political security in the East Africa sub- region once enough quantities were found. Full text...

Brazzaville- Congo (PANA) -- Congo Brazzaville, one of the world's most indebted countries, is expecting a reprieve of 60 million dollars under an emergency programme with the International Monetary Fund (IMF), the private weekly "Tam-Tam d'Afrique" has reported. Full text...

Windhoek- Namibia (PANA) -- Lack of capacity hampered individual African states from catering for the US or European markets, a US trade expert said Wednesday. Full text...

Maputo- 30 May (AIM) -- Mozambique's Commercial and Investment Bank (BCI), in which the Caixa Geral de Depositos (CGD) of Portugal is main shareholder, Wednesday launched a risk capital fund known as FICREMO, with an initial equity of 10 million US dollars. Full text...

Maputo- Mozambique (PANA) -- News accounts in Maputo Wednesday quoted Mozambican Transport minister Tomas Salomao as hinting that government plans to transform the military air base in Nacala into an international airport. Full text...

Lagos- Nigeria (PANA) -- Following is the daily equities trading at the Nigeria Stock Exchange for Wednesday 30 May 2001: [ST] 1st Tier Securities Sector/Company Value of Share AGRICULTURE Okomu Oil Palm Plc 11. Full text...

Maputo- Mozambique (PANA) -- Mozambique's economic growth rate in recent years has yet to make the transition from official statistics to improved living standards, Joaquim Fanheiro, general secretary of the country's main trade union federation, the OTM, has said. Full text...

Dar es Salaam- Tanzania (PANA) -- The Confederation of Tanzania Industries has expressed fears that members may not be competitive in the East African Community due to prohibitive electricity tariffs in the country. Full text...

Cape Town- South Africa (PANA) -- "Expanding African Business Globally" is the concept behind the new Africa business facilitation firm and its research and resource focused portal, Africa Business Direct, which was officially launched in South Africa this week. Full text...

Addis Ababa- Ethiopia (PANA) -- The Russian government has written off a debt of 4. Full text...

Lagos- Nigeria (PANA) -- Nigerian Finance Minister Adamu Ciroma says reckless spending by the three tiers of government is responsible for the falling value of the national currency, the naira, and the high rate of inflation in the country. Full text...

Nairobi- Kenya (PANA) -- Kenya's horticultural products could be excluded from the European market unless the country meets certain conditionalities by July this year. Full text...

Lagos- Nigeria (PANA) -- Nigeria's federal government has sent a Supplementary Appropriation Bill of 2. Full text...

Cape Town- South Africa (PANA) -- Absa Bank Wednesday reported excellent earnings for the 12-month period to 31 March 2001, its chief executive Nallie Bosman said in Cape Town. Full text...

Lusaka- Zambia (PANA) -- Zambia on Wednesday launched the Southern African Development Community (SADC) Trade Protocol after extensive negotiations with other member states. Full text...

Bamako- Mali (PANA) -- Mali's 2001-2002 cereal production may hit 3,386,000 tonnes, an increase of 36 percent compared to the 2000-2001 production of 2,386,000 tonnes. Full text...

Dakar- Senegal (PANA) -- Senegalese Head of State Abdoulaye Wade says all is now set for him to roll off an ambitious construction programme envisioned in his seven-year term of office. Full text...

Cotonou- Benin (PANA) -- A Benin delegation will leave Cotonou Wednesday to participate in a two-day West African Fair or small-scale fish processing to be held in Dakar, Senegal starting from 2 June, the National Fisheries Department announced Tuesday. Full text...

Praia- Cape Verde (PANA) -- Chief Executives of Central Banks of the Portuguese-speaking Countries (CPLP) began a meeting Tuesday in the Cape Verdian capital of Praia, on the co-operation among their financial institutions. Full text...

Windhoek- Namibia (PANA) -- Namibia's Walvis Bay Corridor Group (WBCG) said Tuesday it would be sending a delegation to the fourth annual Botswana Industrial Trade and Commercial Exhibition, which opens Thursday. Full text...

Cape Town- South Africa (PANA) -- In a ground breaking initiative for the banking industry, Absa Bank and BoE Bank have entered into a business venture called MultiBank Processing where Absa Bank will in future maintain all the cheque processing functions of BoE Bank. Full text...

Lagos- Nigeria (PANA) -- Against the backdrop of waning hope among Nigerians, two years into the tenure of the present civilian administration, an envoy of the World Bank has urged the 110-million strong population to do more in turning the country's economy around. Full text...

Maputo- Mozambique (PANA) -- The Governor of the Bank of Mozambique, Adriano Maleiane has dismissed fears over the sharp devaluation of the national currency, the metical since the beginning of the year. Full text...

Dar es Salaam- Tanzania (PANA) -- In what could shape up to be a major economic issue for the government, Tanzanian industrialists are exploring alternative methods of power generation as a recourse to an erratic and costly power supply from the state-owned monopoly, Tanzania Electric Supply Company. Full text...

Dar es Salaam- Tanzania (PANA) -- Tanzanian industrialists are exploring alternative methods of power generation to offset an erratic and costly power supply from the state-owned monopoly, Tanzania Electricity Supply Company. Full text...