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Kenyan trade to benefit from oil transit pact between S Sudan and Khartoum
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| Trade between Kenya and South Sudan could improve after Juba officials said oil exports will resume before year end, ending a biting dollar shortage.
South Sudan’s chief negotiator Pagan Amum said exports could begin in two or three weRead More... |
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Bharti Airtel eyeing South Africa again
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BHARTI Airtel is said to be looking at acquiring one of South Africa's two smaller mobile operators, either Cell C or 8ta.
A source close to Bharti Airtel Africa said a new play was being made after the 2009 bid for MTN failed. Analysts thRead More... |
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Kenya signs deal to implement
electronic trading system
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| The Kenyan government on Wednesday signed 3.5 million U.S. dollars agreement with Tanzanian-based Investment Climate Facility (ICF) for Africa (ICF) for the implementation of an electronic platform that will facilitate import and export of goods at KRead More... |
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Private jets spread their wings in Africa
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| Private-aircraft manufacturers are increasingly targeting Africa's growing economies as the resource-rich continent is quietly emerging as an important hub in global business aviation.
In a continent where commercial routes are often limited, a growRead More... |
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Making It Easier for American Firms to Do Business in Africa
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| Now is a great time to do business in Africa. Consider these stats, highlighted this week in remarks given by Acting Secretary Rebecca Blank:
Sub-Saharan Africa is home to 6 of the 10 fastest growing markets in the world.
Economic growth inRead More... |
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Doing Business in Africa Campaign Launched
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| Acting Secretary of Commerce Rebecca Blank will travel to South Africa and Kenya next week to advance key elements of the President's "Strategy Toward Sub-Saharan Africa," that will promote economic growth, trade, and investment in the contRead More... |
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Brazil's Embraer eyes African jet market with Kenya office
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| Brazilian plane manufacturer Embraer is seeking to open its first African service centre in Nairobi next year.
The centre, a partnership with Kenya Airways, is expected to serve the firm’s growing clients in the region and help it closRead More... |
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8th COMESA Business Forum gets underway in Kampala
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| An extensive program awaits participants of the 8th COMESA Business Forum which kicked off today at the lakeside resort convention center of Munyonyo, ahead of the upcoming 16th Summit of COMESA Heads of State and Government.
Top-rated speakRead More... |
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Telecoms in Africa 2012-Africa ready for new-generation technology
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| After a decade of massive growth, the African mobile telecoms sector is entering a period of consolidation and reorganisation. Although the citizens of half a dozen African countries still have very limited access to telecoms, the era of rapidly incrRead More... |
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African Bank's reported an 18% rise in headline earnings
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| African Bank Investments Ltd (ABIL‚ ABL) on Monday reported an 18% rise in headline earnings per share to 342.5 cents for the year ended September 2012.
The group said it had delivered a solid set of results underpinned by a continued Read More... |
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Exim Bank finances projects in Africa and elsewhere
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| The support has enabled countries in the West African region to finance various development projects, according to figures provided by the Bank.
In West Africa, Mali, Cameroon, and Benin have received over $157 million to finance varRead More... |
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Africa's renewable energy sector to be worth $57b by 2020
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| The demand for power in Africa is expected to grow, driving the projected worth of continent’s renewable energy sector to $57 billion by the year 2020, a senior UN official has said.
Mr. Said Adejumobi, the Director, Governance and PubliRead More... |
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Fashion Weighs a Deeper Investment in Africa
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| Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African culture in their clothing lines. But now the industry is taking a tentative look at whether it makes sense to put down larger stakes as the African econRead More... |
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African Entrepreneurs Spot More Potential In Europe - Study
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| A new survey has revealed the entrepreneurial attitudes in Africa; it depicts that despite the economic struggles of the European Union (EU), African entrepreneurs still see the region as the most lucrative for African business.
The suRead More... |
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Huawei to capitalise on African growth
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| HUAWEI Technologies’ revenue in southern and east Africa might climb as much as 30 percent in the next three years as growth on the continent outpaced most regions, the company said yesterday.
The Chinese phone equipment manufacturer pRead More... |
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