This is your complimentary issue of the weekly Africa Investment Alert, which highlights news from local and international media on both internal and external investment in Africa. To find out more about our other Alerts visit our web site. Feel free to forward this Alert to friends or colleagues.

Africa Alert

Africa Investment

Published: 15 Apr 2019 08:54

 Africa Investment (107) 

Africa

Africa, Canada: FinDev Canada builds partnerships to tackle poverty through private sector investments

Partnerships for business in Latin America, the Caribbean and Sub-Saharan Africa. FinDev Canada signed a Memorandum of Understanding to ...

Source: Cision (12 Apr 2019 )  Share  Web Page

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Africa, EU: EU announces additional €115.5 million support for G5 Sahel

As part of its commitment to help tackle insecurity and irregular migration in the G5 Sahel region, the European Union (EU) has announced an additional €115.5 million support to complement ongoing efforts in the region. The additional funding is set to replenish the depleting resources required to carry out projects and meet the ever increasing needs in the region. ...

Source: Ventures Africa (09 Apr 2019 )  Share  Web Page

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Africa, India: India Find's Immense Opportunities To Invest In Africa

Immense opportunities for India to invest in Africa as the Sourthern African Delvelopment Community has seen a good amount of trade growth since FTA in 2008.
An Exim Bank study analyses the current trade and investment scenario in the SADC ...

Source: India Export News (14 Apr 2019 )  Share  Web Page

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Africa, Slovenia: Slovenia Looks To Africa As New Export Market

As Slovenia's exports are slowing down after a record 2018, the country has started looking to Africa for new business opportunities, government officials told a business internationalisation conference at Brdo pri Kranju on Wednesday

Source: Total Slovenia News (10 Apr 2019 )  Share  Web Page

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Africa, USA: Kagame Tells American Investors Its Time To Invest In Africa

President Kagame has encouraged American investors that this is the moment to invest in Africa. “You don’t have to wait, invest now and grow with Africa,” he said while speaking at the NBA Governors Dinner in New York yesterday. Kagame said that Africa is open to doing business with the world, and that they have a lot to offer, “but Africa has a lot to offer as well.”

Source: Taarifa (12 Apr 2019 )  Share  Web Page

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Africa: Naomi Campbell urges companies to invest in Africa - 'Why have you ignored the continent for this ...

British supermodel Naomi Campbell has urged big companies to invest in Africa, saying she believes in the continent and the potential of its youth.

Source: Times Live (11 Apr 2019 )  Share  Web Page

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Africa: Africa-focused VC fund targets $169M

AfricInvest and Cathay Innovation have launched the CathayAfricinvest Innovation Fund, a venture fund that will seek to raise €150 million (about $169 million) to invest across Africa. AfricInvest is a private equity firm based in Tunisia with $1.5 billion in AUM, while Cathay Innovation is a tech-focused VC based in San Francisco that's an affiliate of French investor Cathay Capital Private Equity.

Source: Pitchbook (11 Apr 2019 )  Share  Web Page

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Africa: Visa, Branch Expand Financial Access to sub-Saharan Africa

The partnership represents Visa's broader strategy to collaborate with and invest in rapidly growing FinTech companies that are reaching consumers ...

Source: This Day Live (11 Apr 2019 )  Share  Web Page

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Africa: Seedstars Collaborates with First Growth Ventures to Invest $100m in African tech startups

Seedstars announced that it would launch a $100 million fund to invest in African startups in collaboration with Paris-based First Growth Ventures.

Source: techgistafrica.com (11 Apr 2019 )  Share  Web Page

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Africa: World Bank launches human capital plan to propel investment in Africa

Sub-Saharan Africa scores the lowest of all the world's regions on the World Bank's Human Capital Index, a measurement of how well countries invest ...

Source: Today News Africa (11 Apr 2019 )  Share  Web Page

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Africa: Kagame makes a case for investment in Africa

President Kagame said that Africa is open to business partnerships with the rest of the world and has since improved in openness and was moving as ...

Source: The New Times (12 Apr 2019 )  Share  Web Page

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Africa: Tips for investors to manage political risks in sub-Saharan Africa

This year, findings highlight that investment in the region is also particularly affected during elections, which are often flashpoints for disruptive protest, ...

Source: IT Online (12 Apr 2019 )  Share  Web Page

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Africa: Doing business in Africa, for Africa

A World Bank conference in 2016 heard that 45% of land investments fail in Africa due to community conflicts. The investor has a responsibility ...

Source: brandspurng.com (13 Apr 2019 )  Share  Web Page

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Africa: World Bank Launches Human Capital Plan To Propel Investment In Africa

The objective of the plan, according to the Bank is to enable Africa's youth to grow up with optimal health and equipped with the right skills to compete ...

Source: Independent (13 Apr 2019 )  Share  Web Page

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Africa: Dashlane Raises $30M In New Funding

He also pointed to the fact that three times as many people in Africa have mobile ... Meanwhile, Stripe, Visa and other firms have invested $8 million in ...

Source: PYMNTS.com (12 Apr 2019 )  Share  Web Page

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Africa: The next growth frontier: Africa to play a significant role in the future of luxury

- As Asia fuelled the growth of the luxury industry during the last 15 to 20 years, surely Africa will play an outsized role in the future of the luxury industry ...

Source: Invest Cape Town (12 Apr 2019 )  Share  Web Page

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Africa: Le président de la Banque africaine de développement plaide avec force pour une hausse des investissements américains en Afri

WASHINGTON D.C., États-Unis d'Amérique, 10 avril 2019/APO Group/ -- En marge des Réunions de printemps de la Banque mondiale et du FMI, le président de la Banque africaine de développement (www.AfDB.org) ...Translate

Source: Africa Newsroom-fr (10 Apr 2019 )  Share  Web Page

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East Africa

East Africa: East African countries are setting the pace for financial inclusion in Africa

And unsurprisingly, financial inclusion in the Horn of Africa is way ahead of .... Here are a few tips to enable you to pick the right stocks to invest in:.

Source: Ventures Africa (12 Apr 2019 )  Share  Web Page

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Eritrea, Saudi Arabia:  Senior Eritrean Delegation Held Talks With Saudi FM

Asmara — Senior Eritrean delegation composed of Mr. Osman Saleh, Minister of Foreign Affairs and Presidential Adviser Mr. Yemane Gebreab held talks to day, 8 April in Riyadh with Mr. Ibrahim Abdulaziz Al-Assaf, Minister of Foreign Affairs of the Kingdom of Saudi Arabia. The discussion between the two sides was focused on concrete measures to strengthen and ...

Source: Shabait.com (09 Apr 2019 )  Share  Web Page

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Ethiopia, USA: USAID Administrator Mark Green and Advisor to the President Ivanka Trump Travel to Ethiopia and Côte d'Ivoire

WASHINGTON D.C., United States of America, April 12, 2019/APO Group/ -- U.S. Agency for International Development (USAID) Administrator Mark Green will travel to Ethiopia and Côte d'Ivoire April 14-17.  ...

Source: Africa Newsroom (12 Apr 2019 )  Share  Web Page

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Ethiopia, USA: The United States and Ethiopia Launch New $4 Million Project to Improve Rule of Law Institutions

ADDIS ABABA, Ethiopia, April 10, 2019/APO Group/ -- Today, the United States announced the launch of its new two-year, $4 million Feteh project to support the strengthening of independent rule of law institutions in Ethiopia. ...

Source: Africa Newsroom (10 Apr 2019 )  Share  Web Page

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Ethiopia: Ethiopia opens up its health sector to foreign partnership, more sectors to come.

Ethiopia, in collaboration with the Canadian Organization and General Electric (GE) Foundation, have announced the launch of the Amhara Region Oxygen center in Bahir Dar, Ethiopia. The oxygen center is a public-private partnership between the Ethiopia government and other organizations, in a bid to improve the health sector of the country by providing reliable and constant ...

Source: Ventures Africa (09 Apr 2019 )  Share  Web Page

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Kenya, China: Kenya to use Beijing forum to secure Sh368bn SGR loan

By ONYANGO K’ONYANGO More by this Author BEIJING, CHINA Kenya is set to use the forthcoming second Belt and Road Initiative (BRI) forum in Beijing to secure a loan for the completion of the third phase of the standard gauge railway (SGR), Kenya’s ambassador to China Sarah Serem has said. Speaking on Tuesday on the sidelines of the international ...

Source: Daily Nation News (09 Apr 2019 )  Share  Web Page

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Kenya, China: Uhuru discusses infrastructure, trade with official of China's NPC

By PSCU More by this Author President Uhuru Kenyatta on Saturday discussed matters including trade and infrastructure development with the Vice Chairman of the Standing Committee of the National People’s Congress (NPC) of China. Mr Cao Jianming paid President Kenyatta a courtesy call at State House in Nairobi. Their meeting focused on cementing ...

Source: Daily Nation News (13 Apr 2019 )  Share  Web Page

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Kenya, Mauritius: In Mauritius, Uhuru pledges support for private sector investors

By PSCU More by this Author Kenya and Mauritius will continue supporting the private sector by ensuring a conducive environment for enterprises to thrive, President Uhuru Kenyatta and Mauritian Prime Minister Pravind Kumar Jugnauth said on Friday. The two leaders noted that the sector holds the key to unlocking the economic potential of their countries as ...

Source: Daily Nation News (12 Apr 2019 )  Share  Web Page

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Kenya, South Africa: Third Annual Kenya Trade and Investment Summit

The Kenya High Commission, South Africa, hosted the 3rd Kenya Trade and Investment Summit in Johannesburg, South Africa on 4th - 6th April 2019.

Source: Engineering News (10 Apr 2019 )  Share  Web Page

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Kenya, UK: Devenish to invest £1.7m in Kenyan sustainable farming firm

Northern Ireland agri-tech group Devenish has announced a $2.25m (£1.7m) investment in a Kenyan company set up by the Bill Gates Foundation. Sidai Africa supplies crop and livestock services to farmers throughout Kenya with a 'last-mile' delivery service model, which enables the company to reach some of the country's most remote areas.

Source: Belfast Telegraph (10 Apr 2019 )  Share  Web Page

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Kenya, USA:  Kenya Airways to Resume Daily Flights to the U.S. From June

Photo: Daily Nation A Kenya Airways plane at Jomo Kenyatta International Airport, Nairobi. Nairobi — Kenya Airways has activated its codeshare with Delta Airlines that opens seamless travel in the US and Canada. ...

Source: Capital FM (11 Apr 2019 )  Share  Web Page

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Kenya: Untapped areas to invest in

Countries like South Africa and Ghana have food trucks from which fast ... Mobile food vending is an area that young people can invest in without ...

Source: Standard Digital (13 Apr 2019 )  Share  Web Page

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Kenya: Kenya’s Meru County to benefit from UN-Habitat’s finance and economic development

LONDON, United Kingdom, April 10, 2019/APO Group/ -- UN-Habitat has committed to supporting the County Government of Meru in Kenya with a grant for collaboration on Municipal Finance, financed by the Swedish Development Agency SIDA. ...

Source: Africa Newsroom (10 Apr 2019 )  Share  Web Page

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Mauritius:  Strategies to Foster Industrialisation and Development in Mauritius

press release The Ministry of Industry, Commerce and Consumer Protection, the Ministry of Foreign Affairs, Regional Integration and International Trade, and UNCTAD are jointly collaborating to devise an Industrial strategy and Policy for Mauritius which will help address the current challenges in the manufacturing sector. In that context, a two-day workshop on ...

Source: Government of Mauritius (11 Apr 2019 )  Share  Web Page

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Rwanda: EA Debate: Top investment opportunities in Rwanda

In 2018 Rwanda, registered $ 2.006 billion dollars’ worth investments against a $2 billion target set for the year. On the side-lines of the Africa CEO Forum in Kigali, Rwanda, CNBC Africa's Michael Mugisha sat down with Rwanda Development Board's ...

Source: CNBC Africa (14 Apr 2019 )  Share  Web Page

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Tanzania:  Unilever Tanzania Impresses Magufuli

By Daily News Reporter in Songea PRESIDENT John Magufuli has commended Unilever Tea Tanzania for putting up a tea processing factory in Njombe region, ordering government officials to shun red tape in investment processes. President Magufuli issued the order here after launching the Kabambe factory during his tour of the Southern and Southern Highland regions to inspect ...

Source: Tanzania Daily News (11 Apr 2019 )  Share  Web Page

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Uganda:  Government Asks for U.S.$165 Million to Capitalise BoU, 5 Banks

By Misairi Thembo Kahungu Kampala — Government has run to Parliament seeking approval of Shs620.7 billion for the planned recapitalisation of Bank of Uganda and other five banks. For BoU, Ministry of Finance officials told MPs on Finance Committee yesterday that Shs484.2b is urgently needed to cover for deficits and losses accumulated since 2013. This was ...

Source: The Monitor (11 Apr 2019 )  Share  Web Page

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Uganda:  Demand for Avocado Soars As Overseas Market Opens

By Urn Having trouble to decide which fruit to plant to generate income? Avocado could be a good bet. It can go on a toast, with pizza, morning katogo and make good juice. The growing demand for fruits both domestically and internationally has forced several farmers to forego other crops like maize to concentrate on avocado. The demand for the fruit has seen tremendous ...

Source: The Observer (10 Apr 2019 )  Share  Web Page

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West Africa

West Africa: Dakar Network Angels launches, makes Coliba its first investment

Dakar Network Angels (DNA) has launched to back tech startups in Francophone Africa, and made Ivory Coast waste collection and management ...

Source: Disrupt Africa (11 Apr 2019 )  Share  Web Page

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Burkina Faso, USA: United States and Burkina Faso celebrate launch of Resilience Program

OUAGADOUGOU, Burkina Faso, April 9, 2019/APO Group/ -- The United States Government, through the U.S. Agency for International Development (USAID), announced the launch of the second phase of the Resilience in the Sahel Enhanced ...

Source: Africa Newsroom (09 Apr 2019 )  Share  Web Page

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Equatorial Guinea: Equatorial Guinea sponsors trial malaria vaccine with industry partners

This unique partnership continues to show the EG Government's commitment to being the first African government to invest significant funds in the ...

Source: Africa Oil and Power (12 Apr 2019 )  Share  Web Page

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Gambia:  President Thumbs up Gambia Army Major Food Security Drive

State House, Banjul, 8th April, 2019 - His Excellency, President Adama Barrow has given his blessings to a major food security drive by The Gambia Armed Forces to begin large scale agricultural production in The Gambia. In his capacity as the Commander-in-Chief and Minister of Defense, respectively, President Barrow on Monday, April 08, 2019 received stakeholders of the ...

Source: FOROYAA Newspaper (10 Apr 2019 )  Share  Web Page

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Ghana, India: Indian Exim bank expends $180m to support Agric, water project in Ghana 

The government has received a $180 million credit facility from the Indian Exim bank to support the setup of the agriculture mechanization service centres as well as an upgrade of water systems in Yendi. The signing of the credit facility was undertaken by the Minister for Finance, Agriculture and Deputy Minister for Sanitation and the Indian High Commissioner to Ghana. ...

Source: Myjoyonline (08 Apr 2019 )  Share  Web Page

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Ghana, Sweden: The Swedish International Development Cooperation Agency (Sida), the Food and Agriculture Organization of the United Nations (FA

ACCRA, Ghana, April 9, 2019/APO Group/ -- The Swedish International Development Cooperation Agency (Sida), the Food and Agriculture Organization of the United Nations (FAO) and the Economic Community of West African States (ECOWAS) ...

Source: Africa Newsroom (09 Apr 2019 )  Share  Web Page

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Ghana: Global investment giants to converge in Kumasi as part of Otumfuo's 20th Anniversary

The World-Meets-In-Ghana Investors’ Forum and Executive Dinner Ball is billed to take place in Kumasi, the Ashanti Regional capital, as part of the official programme of the 20th-anniversary celebration of the coronation of the King of Ashanti Kingdom, Otumfuo Osei Tutu II. The Manhyia Palace, which is the seat of the Asantehene, Ministry of Business Development, ...

Source: Myjoyonline (08 Apr 2019 )  Share  Web Page

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Ghana: Volta Trade, Investment and Cultural Fair launched | Ghana News Agency (GNA)

By A.B. Kafui Kanyi/Sumaiya Salifu Saeed, GNA Ho, April 11, GNA - Dr Archibald Yao Letsa, Volta Regional Minister, Thursday launched the 2019 Volta Trade, Investment and Cultural Fair in Ho, and said it is time Volta and Oti Regions became industrialized and broke out of poverty. He said investing in industrialization was the surest way to grow the private ...

Source: Ghana News Agency (Business) (13 Apr 2019 )  Share  Web Page

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Ghana: "Ghana To Become Business Hub of Africa"

"Ghana To Become Business Hub of Africa" - Bawumia ... world over to take advantage of the buoyant Ghanaian economy and invest accordingly.

Source: Peace FM (12 Apr 2019 )  Share  Web Page

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Ghana: AI Centre in Ghana will transform Africa - Google

AI Centre in Ghana will transform Africa - Google ... and I hope they will invest more in AI education across Africa and also promote its application and ...

Source: Ghana Web (14 Apr 2019 )  Share  Web Page

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Ghana: IMF Projects 8.8% Growth, Gov't Announced 7% In 2019

The International Monetary Fund is projecting an 8.8 per cent end of year growth rate for Ghana in its World Economic Outlook report released in Washington D.C, Tuesday. According to the Fund, Ghana economy would be largely influenced by pick up in commodity prices, oil as well as some policy, response measures that government is expected to implement this year. What is ...

Source: Modern Ghana (11 Apr 2019 )  Share  Web Page

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Ghana: Google has opened its first Africa Artificial Intelligence center in Ghana

Google now wants to position itself as an "AI first" company and with research centers across the globe in places such as Tokyo, Zurich, New York, and Paris. And last week, the technology company opened its first center in Africa in Ghana's capital city, Accra.

Source: WRAL.com (14 Apr 2019 )  Share  Web Page

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Mali: Mali to enact Startup Act to encourage local innovation

The Malian government has drafted a document to allow relevant stakeholders to review the frameworks and policies that will make up the country’s first Startup Act. Speaking at the inaugural Francophone Africa Early Stage Investor Summit (FAIS) in Bamako recently, Mali’s minister of digital economy Arouna Modibo Toure said the country was planning to bring a ...

Source: Disrupt Africa (News) (12 Apr 2019 )  Share  Web Page

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Niger: Niger : le gouvernement et GoviEx s’activent pour développer l’uranium de Madaouela

(Agence Ecofin) - L’Etat nigérien et la compagnie minière GoviEx Uranium ont établi un cadre commercial pour développer conjointement le projet d’uranium Madaouela. Selon les termes convenus, le gouvernement acquerra 10 % d’intérêts dans le projet, contre un investissement de 14,5 millions $. Cette participation porte à 20 % les intérêts de ...Translate

Source: Agence Ecofin (09 Apr 2019 )  Share  Web Page

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Nigeria, China:  China's Lending to Nigeria, Others Must Conform With Paris Club Arrangement - IMF

Stop taking loans from China, IMF cautions Nigeria. By Shola Oyeyipo and Martins Ifijeh Washington DC — Nigeria and other African countries taking loans from China must ensure that the terms of ...

Source: This Day (11 Apr 2019 )  Share  Web Page

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Nigeria, EU:  EU to Launch €30 Million Power Finance Scheme in Nigeria

The European Union (EU) and All On - an impact finance outfit, would launch a €30 million worth of electrification financing initiative for off-grid and commercial and industrial captive power projects in Nigeria, organisers of the upcoming fourth Nigeria Energy Forum (NEF 2019) have disclosed. According to a statement by the NEF organisers, the funding window would ...

Source: This Day (10 Apr 2019 )  Share  Web Page

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Nigeria, Japan: Nigeria gets $14.2m Japan aid to fight disease outbreaks

Nigeria and Japan on Tuesday in Abuja signed a $14.2 million aid project to strengthen the diagnostic capacity of the Nigerian Centre for Disease Control (NCDC) The signing was done by the Minister of Budget and National Planning, Udoma Udoma for Nigeria and the Ambassador of Japan to Nigeria, Yukata Kikuta for Japan. It was witnessed by the Minister of Health, Isaac ...

Source: Premium Times (09 Apr 2019 )  Share  Web Page

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Nigeria, UAE: UAE retail giant eyes Nigeria to set up logistics hub

Buhari urged Yusuff Ali to invest in his country, saying: - Come to Nigeria and prosper and have handsome returns on your investments, within the ...

Source: Arabian Business (14 Apr 2019 )  Share  Web Page

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Nigeria, UAE: His Highness Sheikh Mohamed bin Zayed, President of Nigeria discuss cooperation

ABU DHABI, United Arab Emirates, April 10, 2019/APO Group/ -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Muhammadu Buhari of ...

Source: Africa Newsroom (10 Apr 2019 )  Share  Web Page

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Nigeria: Shell to invest billions in Nigeria gas projects

Nosa Okunbor, the managing director of the SPDC said the investments would bring great benefits to the country including the advancement of local ...

Source: Pumps Africa (10 Apr 2019 )  Share  Web Page

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Nigeria: With Elections Over, Nigeria Is Set for Faster Growth, Udoma Assures Foreign Investors

Government, he assured will continue to invest in infrastructure, particularly in power, roads, ports and ... to improve the African continent's trade and investment climate and to raise the profile of Africa in the US business community.

Source: Sundiata Post (13 Apr 2019 )  Share  Web Page

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Nigeria: Nigeria ready for business, Finance Minister tells investors at World Bank meeting

Nigeria’s finance minister, Zainab Ahmed, has told global investors that Nigeria is ready for business. The minister was speaking at the “Corporate Council on Africa (CCA) Investor Roundtable: A Conversation with Prospective Investors” in Washington DC. Mrs Ahmed assured prospective investors of high returns in their investments. The CCA conversation with ...

Source: Premium Times (13 Apr 2019 )  Share  Web Page

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Nigeria:  Seplat Urges Investment in Research, Development for Safe Practices

By Femi Adekoya Seplat Petroleum Development Company Plc, has urged public and private sector operators to invest more in research and development aimed at promoting safety. The oil company noted that such investments should cut across the different sectors of the economy as is the case for the oil/gas and aviation sectors, among others. The Operations Director of the ...

Source: The Guardian (10 Apr 2019 )  Share  Web Page

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Togo:  L'agriculture est le moteur de la croissance

Le Premier ministre Komi Selom Klassou a clôturé samedi la 1e édition du Forum national du paysan à Kara (420 km de Lomé). "Grâce à vos efforts sans relâche, vous avez contribué à hisser notre cher pays le Togo dans une nouvelle dimension’, a-t-il lancé aux 600 participants. Il a salué la volonté du monde agricole de parvenir à l’atteinte des objectifs ...Translate

Source: Republic of Togo (Economy) (14 Apr 2019 )  Share  Web Page

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North Africa

North Africa: Renaissance Capital holds North Africa Investor Conference in Cape Town, SA

One of the conference speakers, Rob Hersov, CEO & Founder, Invest Africa, noted that, “Our beloved continent of Africa has had a lot of false starts ...

Source: Proshare Intelligent Investing (11 Apr 2019 )  Share  Web Page

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Egypt: EGYPT: State commits to invest $50 billion in drinking water by 2037

EGYPT: State commits to invest $50 billion in drinking water by 2037 ... This investment is part of the 2017-2037 National Water Plan, the Minister ... intends to strengthen its cooperation with African countries that share the Nile Basin.

Source: Afrik21 (10 Apr 2019 )  Share  Web Page

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Egypt: Egypt leads investment attraction in North Africa: Renaissance Capital

Cape Town- Daniel Salter, head of equity research at Renaissance Capital investment bank, presented the investment opportunities in Africa through ...

Source: Daily News (11 Apr 2019 )  Share  Web Page

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Egypt: IMF's Lagarde says Egypt's economy continues robust growth in talks with Sisi

International Monetary Fund Managing Director Christine Lagarde says Egypt's economy has continued to show strong growth, with unemployment falling to its lowest levels since the 2011 popular revolution. The remarks came following Lagarde's meeting with President Abdel Fattah El-Sisi in Washington DC on Tuesday in which the pair discussed progress under Egypt's economic ...

Source: Masress (10 Apr 2019 )  Share  Web Page

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Egypt: Egypte : la SFI va financer des projets d'infrastructures dans le pétrole et le gaz

(Agence Ecofin) - Le ministère égyptien du Pétrole a signé un protocole d'accord avec la Société financière internationale (SFI) pour le financement de projets d'infrastructures dans les domaines du pétrole et du gaz naturel. L’objectif est de participer à l’ambition du pays africain de devenir une plaque tournante régionale pour le commerce du pétrole et du gaz ...Translate

Source: Agence Ecofin (12 Apr 2019 )  Share  Web Page

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Tunisia: Tunisians block roads in response to new gas price hikes

The country’s Ministry of Industry and Small- and Medium-Sized Enterprises issued a statement announcing that unleaded gasoline prices will increase by 0.08 dinar ($0.027), putting the price of one liter at 2.065 dinars, which is equivalent to $0.68. The new price of one liter of diesel fuel stands at 1.57 dinars ($0.58), an increase of 0.09 dinar ($0.030). ...

Source: Al-Monitor (12 Apr 2019 )  Share  Web Page

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Central Africa

Cameroon, Tunisia:  Tunisian Investors Prospect Cameroon

Managers of some 10 companies from Tunisia will spend one week in Cameroon to avail themselves of investment opportunities. A team of investors from Tunisia is currently visiting Cameroon to exchange ideas and share experiences as well as look for opportunities to invest in Cameroon. The investors are taking advantage of the bilateral relations between both countries to ...

Source: Cameroon Tribune (11 Apr 2019 )  Share  Web Page

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Cameroon: Canyon Resources identifies 70 bauxite targets through survey at Cameroon project

The company has assessed rail transport options using an existing rail network adjacent to the Minim Martap project and aims to provide a funding solution for the design, construction and operation of a rail link to the port of Kribi

Source: Proactive Investors (12 Apr 2019 )  Share  Web Page

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DR Congo:  DRC On the Path to Fulfilling Great Mining Potential

By Jean Kassongo Kinshasa — AFTER years of a lull attributed to insecurity, the Democratic Republic of Congo (DRC) is on course to fulfill its mining potential on the back of the biggest global interest and some measure of stability since a new administration assumed office. Arguably the country most endowed with mineral resources globally, the vast nation has ...

Source: CAJ News Agency (11 Apr 2019 )  Share  Web Page

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DR Congo: DRC on the path to fulfilling great mining potential

from JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – AFTER years of a lull attributed to insecurity, the Democratic Republic of Congo (DRC) is on course to fulfill its mining potential on the back of the biggest global interest and some measure of stability since a new administration assumed office. Arguably the country most endowed with mineral resources ...

Source: CajsNewsAfrica (Mining) (10 Apr 2019 )  Share  Web Page

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Southern Africa

Southern Africa, India: India Find's Immense Opportunities To Invest In Africa

Immense opportunities for India to invest in Africa as the Sourthern African Delvelopment Community has seen a good amount od trade growth since ...

Source: India Export News (11 Apr 2019 )  Share  Web Page

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Angola, Mozambique: National Aviation Services (NAS) Lança Serviços de Atendimento em Solo e Cargas em Moçambique

MAPUTO, Moçambique, 9 de abril 2019/APO Group/ -- A National Aviation Services (NAS) (www.NAS.aero), prestadora de serviços de aviação com maior crescimento nos mercados emergentes oferecerá ...Translate

Source: Africa Newsroom-pt (08 Apr 2019 )  Share  Web Page

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Angola: African Development Bank to host Investment Forum Roadshow in Angola

The 2019 Annual Meetings of the African Development Bank Group will be held on June 11-14, 2019 in Malabo, Republic of Equatorial Guinea. Find out more

Source: African Development Bank Group (09 Apr 2019 )  Share  Web Page

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Angola, Sao Tome and Principe: Sodiba exporta para alguns países africanos, Ásia e Europa

No mercado desde 2016, a Sodiba estabeleceu em 2018 uma relação regular de exportação  com alguns países como China (Ásia), Portugal (Europa), São Tomé e Príncipe e Burkina  Faso (África), onde  estão  disponíveis ...Translate

Source: Angop Angola Press Agency (09 Apr 2019 )  Share  Web Page

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Angola: Sector eléctrico vai aumentar capacidade para 7,5 GW em 2022

Até Setembro de 2017 estavam já instalados 3,8 GW, dos quais 2,8 GW disponíveis, resultado dos investimentos realizados no alteamento da barragem de Cambambe e os primeiros quatro grupos do aproveitamento hidroeléctrico de Laúca. Dos sete mil e 500 MW (7,5 GW) a serem atingidas em 2022, de acordo com o Plano Nacional de Desenvolvimento do ...Translate

Source: Angop Angola Press Agency (11 Apr 2019 )  Share  Web Page

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Angola: Confiança do investidor no sistema financeiro constitui preocupação do governo

Num encontro com empresários da província de Benguela, a frente da equipa económica do Conselho de Ministros, Manuel Nunes disse que desde a entrada em funções do novo Executivo, em finais de 2017, este tem estado a trabalhar no sentido da recuperação dos índices de confiança dos investidores no sistema financeiro ...Translate

Source: Angop Angola Press Agency (12 Apr 2019 )  Share  Web Page

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Angola, Switzerland: Acordo sobre facilitação do comércio já vigora em Angola

De acordo com uma nota de imprensa da embaixada angolana na Suiça, a entrega desse documento constitui uma demonstração clara e inequívoca da vinculação de Angola a este instrumento jurídico que visa acelerar a circulação, autorização de saída e o desalfandegamento de mercadorias, incluindo ...Translate

Source: Angop Angola Press Agency (12 Apr 2019 )  Share  Web Page

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Angola, Sweden: Ministro anuncia investimento sueco para electrificar Bengo

“Há um grande engajamento e uma grande disponibilidade das entidades e do governo sueco para implementar projectos de electrificação em Angola. A prova disso é esta reunião que tivemos hoje no Centro de Negócios da Suécia com as empresas envolvidas, com as entidades de créditos”, afirmou o ministro. Segundo ...Translate

Source: Angop Angola Press Agency (11 Apr 2019 )  Share  Web Page

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Angola, Germany: Angola To Strengthen Ties With German After Investment Talk

Angola To Strengthen Ties With German After Investment Talk ... met to discuss investment and issue of the drought, that plagued the African country.

Source: African News Network (12 Apr 2019 )  Share  Web Page

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Angola, USA: Huíla acena ao investimento americano para exploração de ouro

O governador, que falava num encontro de cortesia com a embaixadora dos EUA acreditada no país, Nina Maria Fite, referiu que a exploração de ouro e ferro está “moribunda”, actividade que precisa ser reactivada, daí o apelo ao investimento do empresariado estrangeiro, com realce para o americano. Disse que a agenda prioritária da ...Translate

Source: Angop Angola Press Agency (10 Apr 2019 )  Share  Web Page

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Botswana, Lesotho:  SADC, EU Conclude Talks On Economic Partnership Agreement

By Lesedi Thatayamodimo Gaborone — It took 10 years of negotiations between the six members of SADC and the EU to successfully conclude talks on an Economic Partnership Agreement (EPA). Speaking at the National workshop on SADC EPA Safeguards, deputy permanent secretary responsible for Trade, Ms Ontlametse Ward pointed out that EPA was a reciprocal trade agreement ...

Source: Botswana Daily News (10 Apr 2019 )  Share  Web Page

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Botswana, Qatar: Botswana offers Qatar opportunities to invest in agriculture, mining and tourism sectors

Botswana offers Qatar opportunities to invest in agriculture, mining and tourism ... He noted the Southern African country serves as a market hub to a ...

Source: Africazine (11 Apr 2019 )  Share  Web Page

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Botswana: JB Sports boosts associations

JB Sports has sponsored Botswana Integrated Sports Association (BISA) and Botswana Primary Schools Association (BOPSSA) athletics national championships with P300 000 worth of equipment. Speaking at the sponsorship launch on April 9, Assistant Minister of Basic Education, Thato Kwerepe said Botswana’s education system would not be complete without the ...

Source: Botswana Press Agency (Breaking News) (10 Apr 2019 )  Share  Web Page

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Botswana, Qatar, Southern Africa: Botswana offers Qatar opportunities to invest in agriculture, mining and tourism sectors

Botswana is exploring avenues that could attract FDI inflow from Qatar in five major sectors, which are seen to help transform its economy and become a high-income country by 2036.
This was revealed yesterday by Peggy O Serame, Botswana’s ...

Source: Africazine (10 Apr 2019 )  Share  Web Page

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Namibia, China:  'Historic' Sino-Namibia Ties Unshakable, Says Diplomat

A Chinese diplomat says he has observed with concern how some Namibian media is being influenced by the western media when it comes to reporting on Namibia - China relations, which dates back to the liberation period. Speaking at a recent dinner with 34 African journalists under the China-Africa Press Center, Xiao Han, who is the Deputy Director-General of the Department ...

Source: New Era (13 Apr 2019 )  Share  Web Page

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Namibia, Portugal:  Presidency Hails Geingob's Portugal Engagements

By Arlana Shikongo THE PRESIDENCY has described the recently concluded working visit to Portugal by President Geingob where he attended the Horasis Global Meeting, as a success. A media statement on the visit said the president leveraged the opportunity to invite global business to invest in Namibia and encouraged Portuguese business to form joint ventures with Namibian ...

Source: The Namibian (10 Apr 2019 )  Share  Web Page

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Namibia:  Imports Substitutions Alone Not Enough - Researcher

By Lazarus Amukeshe UNITED Nations Conference on Trade and Development (UNCTAD) researchers say import substitutions should be coupled with exports promotion to ensure local economy growth. Researcher and head of UNCTAD, Patrick Osakwe made these remarks at a public lecture in Windhoek on Monday. The lecture themed 'Reflection on Building and Utilising Productive ...

Source: The Namibian (10 Apr 2019 )  Share  Web Page

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South Africa: AFGRI to grow grain storage in South Africa

CENTURION, SOUTH AFRICA - AFGRI Group Holdings announced on ... This investment consortium initially will own storage facilities with a total ...

Source: world-grain.com (09 Apr 2019 )  Share  Web Page

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South Africa, Japan: PSG investment update 9 Apr 2019

According to Bloomberg, Nissan is promising to invest a further R3 billion in its South African plant as it preps the plant to build the new Nissan Navara ...

Source: South African Market Insights (11 Apr 2019 )  Share  Web Page

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South Africa, Israel:  Israel and South Africa - a 'Downgraded' Relationship?

Photo: DIRCO/Jacoline Schoonees Minister of International Relations and Cooperation Lindiwe Sisulu analysis By Sella Oneko, Martina Schwikowski South Africa has announced that it will not replace its ambassador to Israel. ...

Source: Deutsche Welle (09 Apr 2019 )  Share  Web Page

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South Africa: Mantashe calls on SA mining companies to invest in clean-coal technology

Special Information Session, South Africa question and answer session with Minister of Mineral Resources, Gwede Mantashe. Picture: Courtney Africa ...

Source: Citizen (12 Apr 2019 )  Share  Web Page

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South Africa: 28 innovative online companies to watch in South Africa in 2019

SA Shares is an exciting new platform for first-time and seasoned investors looking to invest in JSE- listed shares. It's easy to use and has a wealth of ...

Source: The South African (12 Apr 2019 )  Share  Web Page

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South Africa:  Rio Tinto Approves R6.5 Billion Investment Into Richards Bay Minerals

KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala has welcomed the R6.5 billion planned investment into Richards Bay Minerals (RBM). Rio Tinto, an international holding company for RBM, has approved the next stage in the development of RBM in South Africa, which will involve the construction of the Zulti South project that will ...

Source: SAnews.gov.za (11 Apr 2019 )  Share  Web Page

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Zambia, China: China in Africa: The Zambia experience | Africa | DW | 09.04.2019

Many Africans are worried by the increasing presence of China on the continent. But how much is China really involved? A DW team traveled to Zambia to investigate how China has taken control of key infrastructure. Mandarin can be heard in every corner of Lusaka's Kenneth Kaunda airport, as it's spoken by nearly half of the ...

Source: Deutche Welle (Top Stories English) (12 Apr 2019 )  Share  Web Page

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Zimbabwe, Russia: Zimbabwe and Russia Unite in US$4 Billion Platinum Mine Deal

Zimbabwe and Russia have   signed  a US$4 billion agreement to build a new platinum mine in the African country. The deal, which has been stalled since 2014, is for an asset owned by Great Dyke Investments, a company jointly owned by a Russian state-controlled company and Zimbabwe’s government. googletag.cmd.push(function() { ...

Source: The Zimbabwean (13 Apr 2019 )  Share  Web Page

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Zimbabwe, South Africa: Zimbabwe Ambassador lauds diaspora's contribution to SA's economy, urges them to invest back ...

Zimbabwe's Ambassador in South Africa David Hamadziripi has applauded the diaspora business community for their role in contributing to the ...

Source: CNBC Africa (11 Apr 2019 )  Share  Web Page

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Zimbabwe: Econet pioneers independent industrial solar plant in Zimbabwe

Telecommunications group, Econet Wireless has launched the first industrial solar plant in Zimbabwe. Situated at its Willowvale complex in Harare, this development proves to be a significant move towards clean and reliable energy for the company. With a capacity of 466 Kilowatts (KW), the plant will be operated under an Independent Power Producer (IPP) License for a period ...

Source: Ventures Africa (11 Apr 2019 )  Share  Web Page

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Zimbabwe, China: China is NOT building a base in Zimbabwe!

Alternative Media (Alt-Media) is once again being manipulated by infowar practitioners into spreading fake news, with the popular outlet South Front republishing a false report about a Chinese base in Zimbabwe because it seemingly satisfied their "wishful thinking" confirmation bias about the People's Republic ...

Source: Bulawayo24 News (13 Apr 2019 )  Share  Web Page

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Zimbabwe, UK: Britain to impose new sanctions on Zimbabwe after Brexit

Britain is ready to impose sanctions on Zimbabwe when it leaves the European Union. In readiness for its exit from the EU, which now appears to have been pushed back until October, Britain has published the Zimbabwe (Sanctions) (EU Exit) Regulations 2019 which will define its new foreign policy on Zimbabwe. The ...

Source: Bulawayo24 News (12 Apr 2019 )  Share  Web Page

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Zimbabwe: Zimbabwe govt committed to growth of ICT

INFORMATION Communication and Technology (ICT) minister Kazembe Kazembe yesterday said the country was employing a litany of initiatives to create and promote an enabling environment for internet connectivity and the telecommunications sector in line with the Sustainable Development Goal (SDG) of ICT access for ...

Source: Bulawayo24 News (10 Apr 2019 )  Share  Web Page

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Zimbabwe, China: Infrastructural development under BRI becomes cornerstone of China-Zimbabwe cooperation

Human development has not been left out either, with the Chinese government building schools and a hospital in the country and sinking boreholes in drought prone areas, while construction of a new Parliament building is taking shape in northwest of Harare. Construction of the new Parliament building started in last November with Zimbabwean President Emmerson Mnangagwa laying ...

Source: The Zimbabwean (10 Apr 2019 )  Share  Web Page

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Zimbabwe: Zimbabwe Miners Want Government to Officially Scrap Ownership Limits

The government has said it plans to do away with restrictions that stipulate that the mines must be 51 percent owned by black Zimbabweans, but is yet to change the legislation. “The indigenization regulations have been scrapped except for platinum and diamonds, we would also want this law scrapped officially so we can get industry players coming in,” Manhando said at a ...

Source: The Zimbabwean (11 Apr 2019 )  Share  Web Page

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Women & Youth

Africa: OPINION: Now is the time to stand together and get African youth to work

I believe that now is the time to invest in Africa's youth, as there is nothing more powerful than young, energetic and eager minds, which are willing to ...

Source: Business Report (10 Apr 2019 )  Share  Web Page

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Africa: World Bank encouraging Africa's education inequality - Oxfam

-The bank is also actively advising governments to invest in Private-Public-Partnership via its Systems Approach for Better Education Results program, ...

Source: Punch (12 Apr 2019 )  Share  Web Page

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Africa: Why NOW is the time to invest more so in African markets Africa Inc.

We also take a look at some market action with Sven Richter from Drakens Capital and focus specifically on why they're seeing NOW the time to invest ...

Source: Apple Podcasts (12 Apr 2019 )  Share  Web Page

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Malawi: Mutharika pledges more opportunities for youth: DPP has ‘watertight plan’ for young Malawians

President Peter Mutharika has promised the youth of this country to create opportunities for employment and business in order to reduce poverty and suffering among them. President Mutharika: Creating opportunities for the youth President Mutharika presenting an award to Job Creator Extraordinaire ...

Source: Nyasa Times (13 Apr 2019 )  Share  Web Page

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Nigeria, Japan: Nigerian researchers protest Buhari’s refusal to sign bill

Researchers under the aegis of Academic Staff Union of Research Institutions (ASURI) on Tuesday took to the streets in Abuja to protest the refusal of President Muhammadu Buhari to assent to the National Research and Innovation Council (NRIC) bill. The National Secretary of ASURI, Theophilus Ndubuaku, said at the event that the protest was to encourage the National Assembly ...

Source: Premium Times (09 Apr 2019 )  Share  Web Page

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South Africa: Mantashe calls on SA mining companies to invest in clean-coal technology

JOHANNESBURG - Mineral Resources Minister, Gwede Mantashe, on Friday urged the coal mining sector to continue investing in clean-coal technology in order to mitigate the effects of climate change.  Mantashe was speaking at the official opening of one of the largest underground coal complexes in the ...

Source: IOL Independent (12 Apr 2019 )  Share  Web Page

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