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AFRICA WEEK AHEAD: African Union Leaders Meet, Nigerian Rate

27/01/2012 03:23:08 PM GMT   Comments ()     Add a comment     Print     E-mail
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African heads of state meet at the annual African Union summit in Addis Ababa, Ethiopia’s capital, from Jan. 29. The meeting has a theme of boosting intra-Africa trade and will include statements from AU chairman Teodoro Obiang Nguema Mbasogo, the current president of Equatorial Guinea, and United Nations Secretary-General Ban Ki-Moon, according to the agenda.

South African Home Affairs Minister Nkosazana Dlamini-Zuma is seeking to depose AU Commission Chairman Jean Ping in a vote during the two-day meeting.

Nigeria’s central bank announces its decision on whether to adjust its key interest rate on Jan. 31 in Abuja, the capital. The rate, which was left unchanged at a record-high 12 percent on Nov. 21, may be held “for a bit” as increases in fuel prices add pressure to inflation, central bank Governor Lamido Sanusi said Jan. 16.


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