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South Korea seeks to expand business in China
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| South Korean President Park Geun-hye said she wants to expand economic,business and cultural ties with China, specifically in the western Chinese province Shaanxi.
Park, on a state trip to Xian, the capital of Shaanxi province, made the comment duriRead More... |
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Kenya to benefit from Obama's $7b Africa power plan
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| Kenya is set to receive hundreds of millions of dollars in US government and corporate funding through an electricity-generation initiative announced on Sunday by President Barack Obama.Kenya is one of 6 black African "partner countries" chosen to taRead More... |
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South Africa's Aspen in $1 billion deal with Merck
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| Aspen Pharmacare said on Thursday that it would acquire drugs and a plant from U.S. firm Merck in a $1 billion deal that bolsters its presence in Europe, Latin America and Asia.Africa's biggest maker of generic drugs said it would buy an active pharmRead More... |
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Imara opens door to Africa share bonanza
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| ASSET management and securities trading company Imara SP Reid Stockbrokers on Tuesday launched an investment platform enabling its retail clients to make investments in any stock market in Africa without the need for multiple brokers in various jurisRead More... |
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SA business is blooming in Africa
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| Talk about foreign direct investment (FDI) in Africa has become the mode du jour and the South African private sector appears to be putting its money where its mouth is.Last year South Africa invested in more new FDI projects in Africa than any otherRead More... |
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Morocco : Morocco signs trade pact with Kenya
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| The Morocco government, earlier this week, held closed door discussions with senior Kenya government officials in an effort to overcome barriers of trade between the two sea-port endowed countries. The talks, lasting an hour, were held in the sidelinRead More... |
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Kenya to seek $1 billion on world markets
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| Kenya is seeking a lead manager for its first sovereign bond sale in which the government targets raising $1 billion to fund infrastructure development in East Africa’s largest economy.
The country is also seeking expressions of interest for lRead More... |
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World Bank survey ranks Kenya highly
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| Kenya has been ranked top out of 40 countries in Africa in improving policies and institutions for growth and poverty reduction by the World Bank.The country overall score stood at 3.9 in 2012 which was the highest among 40 states, and reflects an imRead More... |
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Sudan : S. Sudan Launches Modern Business and Investment City
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| The government of South Sudan has officially launched the construction of a Juba Specialised Economic Zone (SEZ), an industrial area for business and investments activities.
Minister Garang Diing Akuong (C) with other officials at the groundbreakingRead More... |
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Tanzania - AfDB President to attend Tanzania power launch
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| African Development Bank (AfDB) President Donald Kaberuka is set to visit Tanzania over the weekend to attend the launch of the Power Africa initiative.Dr Kaberuka is expected to meet US President Barrack Obama who is set to unveil the new plan for tRead More... |
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Lifan sees Africa as gateway to world
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| After being on the road for more than 20 years, car and motorcycle maker is heading for the top, reports Hu Haiyan.For Yin Minshan, president of Chongqing Lifan Group, Africa offers one of the most fertile land for Chinese private companies' global dRead More... |
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Chinese businesses show potential to boost Africa satellite technology industry
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| Increased and coordinated cooperation between Africa and Chinese business in the Information and Communications Technology (ICT) sector can help Africa develop satellite technology industry, said several Chinese business delegates attending the on-goRead More... |
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Solar energy: African economies' secret weapon
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| In the developed world, electricity is cheap and as available as the nearest outlet. But in off-the-grid Africa, energy poverty is endemic. Car batteries are tapped to charge mobile phones. Kerosene is a popular light source -- as well as a dirty, daRead More... |
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Imara opens door to Africa share bonanza
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ASSET management and securities trading company Imara SP Reid Stockbrokers on Tuesday launched an investment platform enabling its retail clients to make investments in any stock market in Africa without the need for multiple brokers in various jurRead More... |
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Obama Means Business During Africa Trip
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This is only Obama’s 2nd trip to sub-Saharan Africa, after he made a brief stop in 2009 in the West African nation of Ghana. There, he spoke about the importance of democracy.This time, his focus is different. The president is expected to talRead More... |
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