Monthly Archives: May 2014
IMF: The Republic of Congo’s macroeconomic performance continues to be broadly satisfactory. Growth averaged around 3.5 percent in the last three years, in the context of declining oil production due to aging oil fields. The economy is projected to expand by about 6 percent per annum between 2014 and 2019
IMF Mission Statement at the Conclusion of the 2014 Article IV Discussions with the Republic of Congo
Minister Fast to Lead Third Trade Mission to Africa / Announces coming into force of Canada-Benin FIPA
OTTAWA, Canada, May 28, 2014/African Press Organization (APO)/ – The Honourable Ed Fast, Minister of International Trade, today participated in Africa Day celebrations in Ottawa and invited Canadian business representatives, especially from small and medium-sized enterprises (SMEs) looking to expand, to join a trade mission to South Africa and Tanzania from June 22 to 27, 2014.
MAPUTO, Mozambique, May 28, 2014/African Press Organization (APO)/ – The International Monetary Fund (IMF) and the Government of Mozambique will host a high-level conference on Africa Rising: Building to the Future in Maputo, Mozambique, on May 29-30 that will bring together policymakers, the private sector, and civil society from sub-Saharan Africa and beyond to discuss the challenges facing the region as it builds upon the strong economic gains made since the 2008 global economic crisis.
Big crowd turnout for the three-day exhibition & conference
In its recent report the Intergovernmental Panel on Climate Change (IPCC) revealed that South Africa is responsible for the majority of African’s carbon emissions as a result of its coal-intensive energy production, and that the average temperatures across South Africa will increase by 2ºC along the coast and 6ºC inland by the end of the century if no action is taken to combat this. The report notes however, that South Africa has the infrastructure and expertise available to “climate proof” itself in order to lower its carbon emissions.
Gilat Satcom, a leading provider of satellite and fibre-based connectivity services in Africa, Asia and the Middle East, today announced additional investment in its broadband network in East Africa with the establishment of a new Point of Presence (PoP) in Dar Es Salaam, Tanzania. The PoP is connected to both the EASSy and SEACOM undersea cables which enable Gilat Satcom to provide advanced services such as MPLS with full redundancy.