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Zimbabwe pockets $81.1m from mineral royalty payments
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| HARARE — Mining companies in Zimbabwe, including powerhouse South African platinum miners Zimplats, Anglo American Platinum and Aquarius Platinum, paid $81.1m into the country’s coffers in mineral royalty payments during the first half ofRead More... |
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Technology boosts ease of doing business in Kenya
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| The ease of doing business in Kenya has improved significantly over the last 12 months, attributed to the rise in the use of technology.
The 2013 edition of the World Bank’s The Ease of Doing Business Report 2013 ranked Kenya in positionRead More... |
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Global Internet bodies aim to improve DNS business in Africa
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| The global Web policy organization Internet Society, domain registry and Domain Name System service provider Afilias, and the Internet Corporation for Assigned Names and Numbers (ICANN) have joined efforts to support and improve the DNS business in ARead More... |
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HP to build software training centers in China
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| American IT giant Hewlett-Packard (HP) signed an agreement with east China's Jining City on Tuesday to build international software training centers with an investment of 2 billion US dollars.Under the deal, a software talent training center, softwarRead More... |
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Mauritius offers Africa investment route for Indian firms
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| Having been a preferred route for foreign investors coming to India for a long time, Mauritius now wants Indian companies to use its platform for their outward investments to Africa.Presenting it as a 'gateway to Africa' for investments in various seRead More... |
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Gigaba speaks on investment in Africa
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| Africa should not sell its soul while seeking new investors for growth, Public Enterprises Minister Malusi Gigaba said in Sandton, Johannesburg on Tuesday.“Africa must seek greater benefits from the BRICS forum, and yet we must not sell our souRead More... |
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Africa Faster Growing Continent In The World
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| Africa is now the fastest growing continent in the world announced the African Development Bank last week. If There was one sentence that was designed to pop Africa over the global radar, that opening gambit by the AfDB is it.Africa's collective grosRead More... |
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Nautic Africa shipshape with contracts worth R600m in West Africa
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| SHIPBUILDING and maritime solutions company Nautic Africa, based in Cape Town, has been awarded contracts worth more than R600m to build seven "multi-role" patrol vessels for West African clients.The 35m "fast vessels" will be the first in their clasRead More... |
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Protea to expand Lusaka hotel in bid to grow Africa footprint
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| IN RESPONSE to rapidly increasing business travel to Zambia, Protea Hospitality Group said on Monday it was expanding its Protea Hotel Lusaka.As part of its African expansion drive, the group will add a large wing to the hotel. This will more than doRead More... |
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SA share of Africa trade declines
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| DESPITE various initiatives to boost trade within Africa, a new study shows there has been a steep decline in trade between South Africa and other African nations.The United Nations Conference on Trade and Development’s (Unctad) latest report oRead More... |
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Africa is priority for growth, says Cipla chief
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| Indian drug manufacturer Cipla will prioritise emerging markets across the African continent in its growth plans, chief executive Subhanu Saxena has said. “The strategy is to bring Cipla's full product portfolio to bear, and Read More... |
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Vodafone looks to African business for growth
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| Vodafone is expanding its presence in Africa, as it looks to capitalise on growth in the continent’s corporate market.The operator is establishing two new regional hubs in Nairobi and Accra to better serve enterprises in east and west Africa, rRead More... |
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South Africa and Ghana trade almost doubled
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| Business Trade between South Africa & Ghana almost doubled from US $32 million in 2008 to US $60.9 million in 2012, Elizabeth Thabethe, the visiting South Africa Deputy Minister of Trade and Industry, has revealed.She said between 2011 and 2012, Read More... |
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Syngenta To Acquire African Corn Seed Business
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| Syngenta will acquire MRI Seed Zambia Ltd. and MRI Agro Ltd. (MRI), a leading developer, producer and distributor of white corn seed in Zambia. The white corn market has high growth potential and the crop is critical to Africa's future food security.Read More... |
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India-Africa trade grew faster than China-Africa: Report
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| Bilateral trade between India and Africa grew at a much faster rate of 32.4% compared to overall China-Africa trade that rose by 27% during 2008-2011.During the period India emerged as the fastest growing export market for Africa growing by 41.8% whiRead More... |
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