|
Rwanda, Congo sign MoU on ICT development
|
| The government of Rwanda has signed a Memorandum of Understanding (MoU) with the Republic of Congo which will see the two countries cooperate in promoting trade relations through information exchange on ICT products.The Ministry of Youth and ICT in RRead More... |
|
New Construction Reforms Will Boost Business
|
| The City of Kigali (CoK) has announced four broad reforms in the construction sector that officials hope will boost service delivery and further ease doing business.The reforms include scrapping fees on land titles to create room for free leasehold tRead More... |
|
New Agri-Business Fund Launched
|
| In a bid to further strengthen ties with the Rwandan government, the Dutch government has invested over two million Euros aimed at boosting innovation in the agricultural sector.
The new fund dubbed the Agri-Sector Development Facility is a flexibleRead More... |
|
SMEs to play lead role in Ghana's oil and gas industry - Energy Minister
|
| Mr Emmanuel Armah-Kofi Buah, Minister of Energy and Petroleum Resources, has asked Small and Medium Enterprises (SMEs) to take a commanding lead in the country’s oil and gas industry. He said it is in this vein that government has partnered theRead More... |
|
Forestry Commission generates GH¢14.2m revenue in 2013
|
| Mr Samuel Afari Dartey, Chief Executive Officer of Forestry Commission said the Commission has within the last three quarters generated a total amount of GH¢14.2 million as against a budgeted revenue of GH¢9.1 million. Mr Dartey attributed Read More... |
|
STAR-Ghana signs $45m grant agreement with partners
|
| STAR-Ghana has awarded financial grants totalling $45 million to it partners in Democratic Governance and Access to Justice. Six out of the 29 partners under these criteria signed the agreement at a ceremony in Accra on Friday. The grant is to help iRead More... |
|
CEOs Boost Companies' Revenue Growth
|
| CHIEF Executive Officers (CEOs) in the country are 70 per cent optimistic about the prospects for revenue growth over the next 12 months, according to a recent report by Price Water Coopers.CEOs in Ghana (94 per cent), Zimbabwe (90 per cent), Rwanda Read More... |
|
Uganda, Tanzania lead Kenya in attracting FDIs
|
| Kenya is losing out to regional peers Uganda and Tanzania in alluring Foreign Direct Investments (FDIs), the latest World Bank Economic Update report for Kenya shows.
Uganda’s FDI dwarfs Kenya’s seven times with Tanzania reRead More... |
|
China to Spend $5 Billion on Microchip Industry
|
| The Chinese government is spending almost $5 billion on a new fund to support the country's microchip industry, as China moves to bolster what it has long considered a strategically important segment of its economy.The fund, which China's Ministry ofRead More... |
|
Profits of Chinese state firms up 8.2 pct
|
| China's state-owned enterprises (SOEs) registered combined profits of 2.15 trillion yuan ($351.05 billion) in the first 11 months, up 8.2 percent from one year earlier, the Ministry of Finance said on Thursday.However, the growth pace slowed from theRead More... |
|
Dell to keep expanding its business in China
|
| Dell Inc, the US PC maker that has recently gone private after delisting from the NASDAQ, vows to continue expansion in the Chinese market, a senior company executive said Thursday, downplaying the impact of changes amid its restructuring efforts on Read More... |
|
Reserve Bank launches R2 commemorative coin
|
| THE South African Reserve Bank on Wednesday unveiled a commemorative R2 circulation coin and a limited edition R2 “crown size” sterling silver coin as part of a programme to celebrate the centenary year of the Union Buildings.The Union BuRead More... |
|
Ex-Barclays boss raises $325 million with new venture, looks to Africa
|
| Atlas Mara, a new investment company backed by the former boss of Barclays Bob Diamond, said it had raised $325 million (£199.8 million) by listing on the London Stock Exchange and planned to build a new financial services business in Africa.
Read More... |
|
AfDB Approves U.S.$ 25 Million Pan-African Infrastructure Development Fund 2
|
| The AfDB Board of Directors on 17 December 2013 in Tunis, Tunisia approved US$ 25 million equity investment in the Second Pan African Infrastructure Development Fund (PAIDF-2), a private equity fund investing in infrastructural development, private sRead More... |
|
Agribusiness Boom Soon For Africa
|
| It is no secret that Africa is on the rise and increasingly offering lucrative opportunities to local businesses due to the continent’s steady economic growth, increased disposable income and high consumer confidence.Charles Brewer, Managing DiRead More... |
|
|
