Cape Town — The United States is working with West African countries to reach a trade and investment agreement that supports efforts at economic growth and integration as American companies increasingly look toward Africa for business opportunities. U.S. Trade Representative Demetrios Marantis told AllAfrica that discussions on the Trade and Investment Framework Agreement (TIFA) with […]
Apr 13 2013 | Posted in
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Oil receipt for 2012 did not include a pesewa of the projected GHC384.11 million as corporate income tax; the 2013 budget statement has shown – reviving the debate as to why government continues to make projections in that regard, and when the country is likely to begin earning from the same. The fact that the […]
Mar 26 2013 | Posted in
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Ericsson today announced winners of the Apps for African City Life Competition. Team Shinsekai from Senegal won first prize for developing an app that aims to support environmental sanitation and hygiene development in cities. Second and third prizes went to two Kenyan teams, Easy Parking for their application aimed at helping motorists locate and pay […]
Feb 18 2013 | Posted in
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Cairo — A new Android web browser could help users of low-end versions of smart phones, which are becoming increasingly common in Africa, the Middle East and Asia (AMEA), navigate the Internet up to 30 per cent faster. Chinese web services company Baidu has teamed up with telecommunications firm France Télécom-Orange to develop the application, […]
Feb 18 2013 | Posted in
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Emerging markets are becoming integral participants of the global economy. The rapid growth in these markets is pushing businesses towards adapting and creating products and service offerings to cater for such markets – across all industries and sectors. Recent Forbes research highlights that the expected growth in emerging markets is estimated at a rate of […]
Feb 18 2013 | Posted in
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Africa is already the world’s second fastest growing economy after expanding 5% a year in the past two years, well above the global average, and Africa’s gross domestic product (GDP) is on track to grow by 5.3% this year. This was reported during a televised debate with the presidents of African powerhouses South Africa and […]
Jan 25 2013 | Posted in
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By Edgar Angumya Uganda is the biggest recipient of illicit financial flows in East Africa, according to data from the Global Financial Integrity (GFI). The report places Uganda at position 66, with close to $680m of illicit money. Tanzania comes second in the region with about $333m, landing at the 86th position. Meanwhile, Rwanda and […]
Jan 15 2013 | Posted in
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The Mayor of Addis Ababa, Kuma Demeksa and the Mayor of New Delhi, Meera Aggarwal, have signed a twinning agreement to establish sister-city relationships between Addis Ababa and New Delhi. The agreement was signed in New Delhi during a visit by Mayor Kuma Demeksa to the city. The agreement will enable the two cities to […]
Jan 15 2013 | Posted in
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Johannesburg — Platinum mining companies are expected to ramp up operations in Zimbabwe after production dropped to an 11-year low in South Africa, Business Day reported on Monday. Anglo American Platinum (Amplats) said it was planning a new mine in Zimbabwe, after it lost at least 170,000 ounces of platinum during an eight-week strike. Amplat’s […]
Nov 20 2012 | Posted in
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19 November 2012 The Global System for Mobile Communications Association (GSMA) has revealed that sub-Saharan Africa is the fastest-growing mobile market in the world, with a prodigious average annual growth rate of 44% since 2000. Mobile connections have leapt to 475 million, compared to just 12.3 million fixed line connections, representing the highest proportion […]
Nov 20 2012 | Posted in
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