ROME, Italy, June 17, 2013/African Press Organization (APO)/ – An Italian firm, Technip Italy SpA, is about to become a new leader on the international business panorama, having signed a contract with the Egyptian Soukhna Refinery and Petroleum Company to build the country’s largest oil refinery at Ain-Sokhna (approximately 120 km east of Cairo). Present [...]

Trade among African countries stood at US $47 billion a decade ago – 11% of total African trade. It is now closer to 16%. That excludes informal trade, which some sources say might bring the figure closer to 20%. Trade levels stood at levels of around US $108 billion in 2011. The continent has more [...]

MOGADISHU, Somalia, June 17, 2013/African Press Organization (APO)/ – The National Union of Somali Journalists (NUSOJ) today accused Somaliland authorities in northwest Somalia of seeking to annihilate independent print media following a ban on two newspapers, owned by Hubal Media Group. A court order which was issued by Somaliland’s Marodi-Jeh (in Hargeisa) Regional court on [...]

ADDIS ABABA, Ethiopia, June 17, 2013/African Press Organization (APO)/ – At the launch of the ECA-AU Economic Report on Africa 2013, in Central Africa, today, a college of university dons expressed their satisfaction at the quality and relevance of the document and said they were quite ready to support governments across Africa, and that of [...]

ADDIS ABABA, Ethiopia, June 17, 2013/African Press Organization (APO)/ – The former President of South Africa, Mr. Thabo Mbeki will chair a two day High Level Meeting on illicit financial flows in Lusaka, Zambia on 17th and 18th June, 2013. The High Level Panel (HLP) on Illicit Financial Flows from Africa, established by the Economic [...]

Last year, AlHuda CIBE has convened Global Islamic Microfinance Forum on December 8, 2012 -Dubai, U.A.E to expand the vision of microfinance all over the world. Supporters,sponsors and attendees admired the conference that served as a spokesman of the poor community to arouse the need of micro financing as a whole. AlHuda-CIBE is going to [...]

Morne Cronje, Head of Franchising FNB says more and more people are considering the option of owning a franchise. However, a great deal of thought and consideration should go into choosing the ideal franchise. “Deciding to open a franchise is great but potential franchisees need to do research on the franchise industry before taking the [...]

LIBREVILLE, Gabon, June 16, 2013/African Press Organization (APO)/ – Important contracts in education, audiovisual sector, infrastructure and agriculture were signed in the presence of Gabonese President Ali Bongo Ondimba at the occasion of the NYFA 2013 (http://www.ny-forum-africa.com). A strategic agreement in the energy sector is to be concluded before the end of the Forum. Promoting [...]

  Over 10 Heads of State and 1,500 participants are meeting since Friday for the second edition of the New York Forum AFRICA LIBREVILLE, Gabon, June 15, 2013/African Press Organization (APO)/ – Over 1,500 participants (economic decision-makers, politicians, and international investors) and 10 Heads of State are meeting since Friday for the second edition of [...]

U.S. President Urged to Join David Cameron’s Call for Public Registries of Beneficial Ownership Information at G8 Summit Next Week Multilateral Automatic Exchange of Tax Information Should Be Global Norm, Expanded to Developing Countries Country-by-Country Reporting by Multinational Companies Essential to Deter & Expose Abusive Tax Dodging WASHINGTON, DC – As G8 leaders prepare to [...]

ADDIS ABABA, Ethiopia, June 14, 2013/African Press Organization (APO)/ – The Fourth Global Review of Aid for Trade will be held in Geneva from 8-10 July with the aim of examining how to use Aid for Trade to connect developing country and least-developed country (LDC) firms to value chains. According to the World Trade Organization, [...]