Daily Archives: July 1, 2013

IMF Executive Board Concludes 2013 Article IV Consultation with Cameroon

Douala, Cameroon

YAOUNDE, Cameroon, July 1, 2013/African Press Organization (APO)/ On June 26, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cameroon.
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IFC Launches Enterprise Governance Training for SMEs in the Africa Region

ABUJA, Nigeria, July 1, 2013/African Press Organization (APO)/ IFC, a member of the World Bank Group, today announced the launch of its Enterprise Governance training modules targeting SMEs in the Africa region which will help entrepreneurs gain the skills needed to succeed in building sustainable businesses that create wealth and jobs.
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FACT SHEET: Trade Africa

WASHINGTON, July 1, 2013/African Press Organization (APO)/ Today the President will announce the launch of Trade Africa, a new partnership between the United States and sub-Saharan Africa that seeks to increase internal and regional trade within Africa, and expand trade and economic ties between Africa, the United States, and other global markets.
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Ethiopia sanctioned for fielding ineligible player

GENEVA, Switzerland, July 1, 2013/African Press Organization (APO)/ FIFA can today confirm that the Ethiopian Football Federation (EFF) has been sanctioned for fielding an ineligible player in the preliminary competition match for the 2014 FIFA World Cup Brazil™ between Botswana and Ethiopia played on 8 June 2013.
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Cooperation: €60 million for projects in Africa and Asia

ROME, Italy, July 1, 2013/African Press Organization (APO)/ At a meeting chaired by Deputy Foreign Minister with the remit for International Cooperation, Lapo Pistelli, announced the Italian Cooperation’s decision to put a total of €60 million toward health, education and infrastructure projects in Africa and Asia. He also spoke of innovative financing instruments for cooperation.
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Malawi Announces Commitment to Transition to Electronic Payments

In Joining the Better Than Cash Alliance, the African government will reduce fraud, increase efficiencies and address poverty
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Rainbow Chicken raises stake in Foodcorp

To diversify its product range.

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Stocks rise as gold regains some of its shine

Top mining gainers: DRDGold and Sibanye Gold. read more

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Investec CEO's bonus quadruples

Pay after profit rises 28%.

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World's biggest banks accused of harming CDS market

As EU seeks Libor deal.

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Manufacturing in U.S. rebounded in June

Things are getting better but it’s incremental – analyst. read more

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Transnet appoints lead auditor

Women now make up 46.2% of the exec committee. read more

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June new vehicle sales up

3.3% year on year.

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Teachers flex muscle in defiance of court order to return to work

Teachers Monday vowed to continue with a week-long strike despite a court order directing them to go back to class in what has turned out to be a show of might anchored on their huge numbers. read more

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