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West Africa's brightest business gem
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| While Nigeria has long held the crown as the business capital of West Africa, a smaller African country is gradually gaining ground. This country's burgeoning middle class has a strong sense of its own identity and is ready to embrace international bRead More... |
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140 million in Africa Could Access Clean Lighting by 2015
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| A new report by the joint IFC-World Bank Lighting Africa Program projects that Africa is set to become the world’s largest market for clean off-grid lamps, with up to 140 million people having access to better lighting by 2015. The market for qRead More... |
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Kenyan Women Light Up Villages with Solar Power
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| Let there be light. And thanks to the efforts of rural women in one of the most remote corners of the Kenyan republic, lights turn on as night falls at the end of a sunny day.Tucked away in the remote villages of Olando and Got Kaliech in rural KenyaRead More... |
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Kenyan Women Light Up Villages with Solar Power
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| Let there be light. And thanks to the efforts of rural women in one of the most remote corners of the Kenyan republic, lights turn on as night falls at the end of a sunny day.
Tucked away in the remote villages of Olando and Got Kaliech in rural KenRead More... |
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Lighting Africa: A Spotlight on Development
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| Hundreds of millions of people across Africa lack affordable, reliable and effective lighting and struggle at homes, work, and schools. When the sun sets on communities across the continent, darkness forbids even the most basic activities, such Read More... |
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Africa needs US$100bn solar power investment
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| Africa needs to invest about US$100billion in solar power over the next decade if it is to wean itself from sources of energy which are widely regarded as unsustainable, Terje Pilskog, an expert in solar power generation, has said.“These are enRead More... |
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South Africa's first solar plant goes online
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| Electricity from the Kalkbult solar photovolataic (PV) power station flowed into the national grid on Tuesday, making it South Africa's first solar plant to come online - three months ahead of schedule.The 75 megawatt (MW) plant near Petrusville in tRead More... |
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Actis Surpasses Target With $1.15 Billion for Africa, Asia Power
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| Actis LLP, a London-based private-equity company, raised $1.15 billion from pension and sovereign wealth funds to invest in electricity businesses, exceeding its target by more than 50 percent.The Actis Energy 3 fund will focus on power generation anRead More... |
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Sasol to Explore SA Waters for Oil, Gas
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| The Petroleum Agency SA has granted petrochemicals group Sasol a three-year permit to explore for oil and gas in the Durban and Zululand basins offshore Kwazulu-Natal province on South Africa's east coast."This is Sasol's first operated exploration rRead More... |
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Cipla increases stake in Uganda company
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| Drug-maker Cipla has further consolidated its position in the African markets by increasing its stake to take majority control in Ugandan drug-maker Quality Chemical Industries Ltd.
Through its fully-owned subsidiary Meditab Holdings Ltd, Cipla had Read More... |
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Rwanda to Create 3.2 Million Jobs
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| A one day conference on Growing Small and Medium Entrepreneurs [SMEs] which was aimed at boosting such businesses and therefore pulled many business people across Rwanda and the neighboring countries was last week concluded.This conference which was Read More... |
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Tanzania to Earn U.S. $23 Million From Processing
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| Tanzania is expected to earn over $23million in export of processed and ready made goods per year, thanks to new investors. The Export Processing Zone Authority (EPZA) said it has received six investors with capital valued at $17million.The EPZA's DiRead More... |
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Tanzania to open up capital markets to east African investors
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| Tanzania will open its capital markets to east African investors next month as part of reforms aimed at fully relaxing government controls in the economy by 2015, a senior central bank official said on Tuesday. Joseph Massawe, director of economic reRead More... |
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Bharti Airtel May Sell Africa Tower Business
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| Indian telecommunications company Bharti Airtel may sell its $1.8 billion-valued Africa tower business, to reduce debt of about $9.69 billion.Airtel which incurred most of its debt from the $10.7 billion acquisition of Zain Telecom’s AfriRead More... |
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Barclays Africa invests in retail and business banking division
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| BARCLAYS Africa Group on Monday said it would invest R1.2bn over the next three years transforming its branch network and automated teller machines (ATMs) and digitising channels.Barclays Africa Group, whose branches are branded Absa in South Africa,Read More... |
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