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Bharti may merge Africa towers business
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| Bharti Airtel, which started the trend of merging non-performing units under a central management (think ‘One Airtel’ strategy), may now do the same for its tower arm – Bharti Infratel.Going by analysts, the company, India’s lRead More... |
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Malaysian, Tanzanian firms sign $800 million ammonia plant deal
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| Malaysia's Huchems Fine Chemical Corp. has signed a memorandum of understanding with two Tanzanian firms to invest $800 million in a new ammonia plant following huge discoveries of natural gas in the east African country. Huchems, a unit of the SouthRead More... |
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Air Uganda CEO tips on expansion plan
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| The Chief Executive Officer (CEO) for Air Uganda, Cornwell Muleya says Air Uganda plans to go beyond the East African Market in future after conquering fully all opportunities here.Among the destinations Muleya mentions are Europe, United Arab EmiratRead More... |
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12 business leaders from China visiting USD
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| A delegation of a dozen business leaders from China is visiting the University of South Dakota to learn about investment opportunities in the United States.
The four-day American Visiting Institute for Chinese Entrepreneurs sessions will include lecRead More... |
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Indian investment in US touches $11 billion creates 100, 000 jobs
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| Investment by Indian companies in the US has touched a record $11 billion and in the process has created more than 100,000 jobs, a study has revealed.The report, 'Investing in America, How India Helps Create American Jobs' by the US India Business CoRead More... |
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Standard Chartered commits Sh150bn in energy projects in Africa
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| Standard Chartered Bank has committed to financing more than Sh150 billion in energy projects under the “Power Africa Initiative”.The initiative is a five-year partnership between the United States (US), six African governments and the prRead More... |
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Africa shows energy promise; Delonex to invest $600 mn
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| Delonex Energy, an exploration and production company, will invest $600 million for oil & gas exploration in Ethiopia and other central and east African countries, the Indian chief executive of the company said here.These regions were selected foRead More... |
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Aico Africa expects business growth
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| AICO Africa Ltd sees its seed business resurging in the current financial year to March 2014 helped by a recovery in sales volumes in Zimbabwe and growth in the East African business as well as the establishment of a West African business.
FIDELITY Read More... |
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AfDB approves $18m for Zambian livestock project
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| The African Development Bank (AfDB) Board has approved a concessional loan of $18 million to support a livestock project in Zambia. The project is under Zambia’s Livestock Infrastructure Development Support Project (LISP) which aims to improve Read More... |
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Uganda top investment destination in East Africa
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| Uganda is pacing ahead of its East African counterparts, becoming the top investment destination, the latest World Investment report indicates.The 2013 UNCTAD World Investment Report shows that Uganda is the leading recipient of Foreign Direct InvestRead More... |
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Online shopping 'vital to African boom'
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| E-COMMERCE in Africa has grown dramatically over the past year, and is poised to support the massive consumer boom on the continent, according to Robin Philip of payment services provider PayGate.Online shopping is a global consumer trend and it is aRead More... |
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Uganda, Kenya, Rwanda agree on oil pipelines
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| Uganda's foreign minister says the presidents of Uganda, Kenya and Rwanda have agreed to build two pipelines across East Africa, one of which would end South Sudan's dependence on Sudan for its oil exports.
Minister Sam Kutesa said the three presideRead More... |
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Kenyan exports to S. Sudan hit Sh25bn
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| South Sudan shrugged off the foreign currency shortages it faced last year to grow its Business trade with Kenya.The volume of Kenyan goods exported to South Sudan and Sudan totaled Sh24.6 billion compared to Sh22.2 billion an year earlier, with mostRead More... |
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South Sudan woos Batswana entrepreneurs
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| Batswana entrepreneurs have been encouraged to consider South Sudan as their investment destination.South Sudan’s minister of commerce, industry and investment, Garang Diing Akuong, made the appeal during Botswana-South Sudan business seminar iRead More... |
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Chinese Finance Group Eyes Uganda Trade
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| Top Finance Company, a Chinese-based firm, is offering to help with short term loans for Ugandan importers trading with China.According to Top Financing Company Chief Executive Officer, Jeffrey Phng their partial financing product is aimed at solvingRead More... |
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