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Follow-up to the Fourth Tokyo International Conference on African Development (TICAD IV)
14th Mar 2009
African countries have a special interest in tourism development, a sector with a great growth potential. Tourism development is also a suitable tool for improving Africa’s image. (read more) |
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SA`s Telkom says in Africa partnership with AT&T
16th Apr 2009
South African fixed-line phone firm Telkom SA Ltd has agreed to work with AT&T to provide IT and telecom services in Africa in a bid to win business from foreign firms expanding on the continent. (read more) |
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Cedi gains ground on pound and euro
16th Apr 2009
On the inter-bank market, the cedi regained some of its integrity when it managed an appreciation against its peers. (read more) |
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Mauritania military ruler to run for president
16th Apr 2009
Mauritania`s military ruler gave up power Wednesday to clear the way for his candidacy in elections meant to return civilian rule to the desert West African nation. (read more) |
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Africa investor Pan-African Investment Climate Summit to unveil major Zimbabwe infrastructure and privatisation projects
15th Apr 2009
The Africa investor Pan African Investment Climate Summit will profile a series of investment opportunities from across Africa to leading investors, development finance institutions and donors. (read more) |
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Treasury places 13 hotels on sale to plug budget gap
15th Apr 2009
The government is selling some of Kenya`s finest hotels, hoping to use the proceeds to plug a huge budget deficit that has been ballooning in the past few months with the economic slowdown. (read more) |
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EAC states sideline Dar in common market push
15th Apr 2009
East African Community member states have resolved to launch a blueprint for a common market in two weeks despite Tanzania`s failure to cede ground on land ownership, identification and citizenship. (read more) |
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ABB wins $490m oil and gas contract
14th Apr 2009
ABB, the leading power and automation technology group, has won a contract for about $490m as part of the El Merk oil and gas project in Algeria. (read more) |
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Kenya shilling steady but client dollar demand to weigh
14th Apr 2009
Kenya`s shilling was stable against the dollar on Tuesday but is expected to weaken marginally in coming days on corporate activity as players eye political risk in east Africa`s largest economy. (read more) |
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Zimbabwean constitutional committee formed
14th Apr 2009
A committee responsible for drafting a democratic constitution after the establishment of a new power-sharing government in Zimbabwe nearly two months ago, was announced on Sunday. (read more) |
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Recovery will take longer than expected
8th Apr 2009
Reserve Bank governor Tito Mboweni disagrees with the many economists who expect a recovery from the sharp global slowdown by next year. (read more) |
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Egypt regulator blocks France Telecom`s Mobinil bid
8th Apr 2009
Egypt`s Capital Markets Authority (CMA) said that the offer submitted by France Telecom to buyout minority shareholders in the Egyptian Company for Mobile Services was far short of what was fair for the stockholders. (read more) |
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Gold price `may recover to $1000`
8th Apr 2009
Gold could surge back to $1000/oz and even through $1100 this year as investors seek a hedge against inflation, although weakness in the short term was to be expected. (read more) |
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De Beers scales back African ops
7th Apr 2009
Diamond giant De Beers has frozen diamond exploration in the Democratic Republic of the Congo (DRC) as an extension of its slowdown on the African continent in response to slowing global diamond demand.
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Standard Bank appoints three deputy chief executives
7th Apr 2009
Standard Bank Group Ltd., Africa`s largest lender, appointed three deputy chief executive officers to help CEO Jacko Maree run the company as it expands in emerging markets. (read more) |
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