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E-commerce picks up in Kenya
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| Experts term e-commerce in Kenya a ‘mammoth’ that is yet to maximize its full potential.“We started our operations in August 2010 with zero subscribers; now we have 45,000 subscribers and growing, this shows you the uptake and confiRead More... |
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Investors told to target university for business
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| Murang’a County; KENYA: Murang’a University College Council has been inaugurated with leaders calling on local investors to take advantage of the increasing number of students and members of the staff and construct residential houses.MuraRead More... |
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Comstor Africa sets to boost IT market
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| Comstor Africa, a distributor of networking and security products, has launched its business in the country to help businesses deliver innovative solutions to the Information Technology (IT) market.“Ghana’s economy is evolving and people Read More... |
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Trade pact key to boosting India, South Africa trade
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| Bilateral trade between India and South Africa has the potential to surge from the current level of $15 billion to $50 billion in the next six to seven years, provided the Preferential Trade Agreement between the two was concluded at the earliest, acRead More... |
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Faria to head Airtel's Africa operations, Kohli to come back
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| Bharti Airtel has named a new chief executive for its Africa operations. Christian de Faria, who has been with South African telecom firm MTN, will take over as the CEO from January 1, 2014.
Faria will join Airtel Africa on September 16, 2013, and rRead More... |
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Morvest eyeing Africa for new business opportunities
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| TECHNOLOGY company Morvest said on Wednesday it would diversify its business by seeking further expansions into the Africa and other parts of the world. New business opportunities will help the company reduce its reliance on the local businesses. MorRead More... |
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Barclays Agrees To $13m Kenya Oil Exploration Deal
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| With Kenya on its way to becoming the first East African oil producing nation after discovering oil last year, petroleum exploration companies are vying for a position in the race to secure local production fields.This became evident as Barclays bankRead More... |
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India's ONGC to pick up stake in African gas field
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| India's biggest oil explorer, Oil and Natural Gas Corporation (ONGC), has agreed a deal to buy a 10% stake in an offshore gas field in Mozambique.It will pay Anadarko Petroleum, a US firm, $2.6bn (£1.7bn) for the stake.The state-controlled firmRead More... |
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Zimbabwe Announces Plans For A $300 Million 'Disneyland In Africa'
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| There's no Disneyland in Africa, but if comments from Zimbabwe's tourism and hospitality minister are any indication, a big-time theme park along those lines may be in the works for an area near the iconic Victoria Falls.Zambia and Zimbabwe are co-hoRead More... |
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Orange Kenya brings wireless desktop phone to market
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| Orange has introduced a wireless desktop phone for its customers on its wireless service.The wireless desktop device, the Huawei FP2255, eliminates the need for restrictive wiring, and the need for a wired route to the device. This device also makes Read More... |
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Kenya looks east, signs USD 5-bn China deals
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| Snubbed by the United States and charged by the International Criminal Court, Kenyan President Uhuru Kenyatta has headed east and scored USD 5 billion (3.7 billion euros) of infrastructure deals with China. Just months into his presidency, KenyaRead More... |
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China to support Kenya raise rice yield
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| China has offered to train Kenyan rice farmers in modern large-scale production techniques to raise their yield five-fold from the current paltry 50 tonnes per acre.During President Uhuru Kenyatta’s tour of the China National Rice Research InstRead More... |
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China Development Bank invests billions in Africa
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| China Development Bank (CDB), the country's largest policy lender, has invested at least $2.4 billion in African infrastructure and commercial projects, the bank's president Zheng Zhijie said Tuesday.The China-Africa Development Fund has financed minRead More... |
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Chinese businesses ready to push for Africa investment
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| Chinese businesses will use the BRICS Business Council to push for more investment in Africa, so as to help the continent eradicate unemployment and poverty, a Chinese business leader said here on Tuesday.China and Africa have maintained "good busineRead More... |
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Brics Business to Grow Partnerships
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| The BRICS Business Council has committed to working together to advance development in the member countries of the grouping.In a joint statement following the first BRICS (Brazil, Russia, India, China and South Africa) Business Council meeting in JohRead More... |
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