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    Assistant Director, Fintech and Innovation, BoG, Clarence Blay

    E-cedi will not affect MoMo business – Bank of Ghana

    Farmers worried about possible unfair distribution of MoFA machines

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    Our cars to sell for cheaper soon- locally assembled automobile companies

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    Ghana’s inflation rate rises again; hits 31.7% in July 2022

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    E-cedi will not affect MoMo business – Bank of Ghana

    Bank of Ghana to widen its scope on cryptocurrency

    Importers, Exporters Association calls for sympathy for Labianca following corruption claims

    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

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    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

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Algeria: Cereal Import Bill Down 25.28 Percent in January – February

bycitibusinessnews
April 1, 2016
in Africa, North Africa
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The cereal import bill (wheat, maize, barley) decreased to $416.43 million in January and February 2016 against $557.36 m during the first two months of 2015, down 25.28%, Algerian Customs told APS.

The decline also concerned the total imported volume, which hit nearly 1.97 million tons against 2.05 m t, (-3.94%), said that the Customs’ National Centre of Data Processing and Statistics (CNIS).

The import bill of wheat (soft and hard), which represented nearly 66% of the cost of grain imports in last January-February, fell to nearly $274.4 million against $377.43 m (- 27.3%), for quantities reaching 1.18 m t against 1.23 m t (-3.67%).

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Regarding maize, the imports totaled nearly $112.6 m against almost $145 m (-22.32%) with a volume of 626 246.5 tons against 672 .523.4 tons (-6.88%).

As for barley, Algeria imported during the first two months of 2016 worth $29.44 m against nearly $35 m (-15.86%), for a quantity of 156 300 t against 145 607 t (+7. 34%).

The decline in import bill is driven by the fall of prices at the international markets since 2015.

The import price of soft wheat, which Algeria is a huge importer, decreased to $239 per ton in 2015 (against nearly $292 /t in 2014).

–

Source: All Africa

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