Archive for Category: "Economy"
Google search a future in Africa
Despite some of the lowest Internet penetration rates in the world, Africa has enticed Google Inc. Lured by the continent’s growth potential, Google aims to convince entrepreneurs, students and aid workers to make use of its search, mapping and mobile-phone technologies. But Africa — with roughly one billion inhabitants, over 50 countries and many regions [...]
S.Africa transport strike seen widening, talks fail
Talks between striking South African transport workers and logistics group Transnet
Egypt trade deficit shrinks in 9 months to March
Egypt’s current account deficit narrowed to $2.61 billion in the nine months to end-March from $3.43 billion year earlier, the central bank said on Sunday.
Nigerian leader promises to privatise power sector
Nigeria will privatise electricity generation and distribution next year in a bid to solve the power crisis in Africa’s most populous country, President Goodluck Jonathan said on Friday.
Africa losing billions in clean energy deals
Africa stood to loose billions of dollars because a lack of economic incentives and inadequate regulatory regimes made the continent unattractive
Standard Bank launches Islamic banking product
South Africa’s Standard Bank Group has launched its first Islamic banking product in Tanzania and is awaiting regulatory approval
Algeria threatens, may not break MTN, Orascom deal
Algerian government opposition to Orascom Telecom’s planned sale of its Djezzy unit to South Africa’s MTN threatens a larger deal worth up to $9 billion
S.Africa’s ex-c.bank head Mboweni joins Goldman Sachs
Tito Mboweni, South Africa’s former Reserve Bank Governor, will join Goldman Sachs as an international advisor from June,
Egypt March core annual inflation rises to 7.04 percent
Egypt’s core annual inflation rose to 7.04 percent in the year to March from 6.9 percent
La Banque Mondiale accorde un prêt à l’Afrique du Sud
La Banque mondiale a accordé jeudi 8 avril un prêt de 3,75 milliards de dollars à l’Afrique du Sud pour
Bharti shares up on Zain but execution a challenge
Bharti Airtel now needs to work on getting regulatory clearances for its $9 billion deal to buy 15 African operations of Kuwaiti telecom Zain,
Africa jobs recovery lags economic rebound: UN
Africa’s economy is likely to grow by an average 4.3 percent this year from just 1.6 percent in 2009,
Egypt court to rule in Mobinil dispute on April 10
An Egyptian court said on Saturday it would make a final ruling on April 10 on an earlier decision to block regulator approval of a France Telecom bid
Cameroun: Le cacao au centre des réflexions entre les professionnels
Le Conseil international du cacao, instance suprême de l’Organisation internationale du cacao se réunit depuis le 22 mars à Yaoundé Les assises de Yaoundé, les premières en Afrique depuis la création de l’Organisation internationale du cacao en 1973 seront l’occasion de discussions sur un nouvel accord en négociation, et la désignation d’un nouveau Directeur exécutif [...]
IMF says Zimbabwe funds subject to arrears clearance
International Monetary Fund financing to Zimbabwe remained subject to the clearing of arrears and further reforms in the fragile economy, the Fund said on Tuesday.






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