Monthly Archives: September 2015

Mövenpick Hotels & Resorts inks landmark deal for its first property in dynamic Nigeria

Mövenpick Hotels & Resorts has revealed plans to open its first property in Nigeria, the largest economy in Africa. read more

Posted in African News, Nigeria News | Leave a comment

Zebra Technologies Named a Visionary in Gartner 2015 Wired and Wireless LAN Access Infrastructure Magic Quadrant

Positioning based on completeness of vision and ability to execute read more

Posted in ICT | Leave a comment

IMF Staff Completes 2015 Article IV Mission to Malawi

A team from the International Monetary Fund (IMF), led by Mr. Oral Williams, visited Lilongwe September 16–30, 2015 to conduct discussions for the 2015 Article IV Consultations,[1]and to discuss progress under the Extended Credit Facility (ECF) arrangement.[2]At the end of the mission, Mr. Williams issued the following statement: read more

Posted in Malawi News | Leave a comment

Kentebe meets Shell, Statoil, Oando Energy Resources and GE Oil & Gas to Discuss Nigerian Content and Wealth Creation

The profile of the Nigerian oil and gas industry has gone through greater transformation than seen in previous decades read more

Posted in African News, Nigeria News | Leave a comment

Tourism Sustaining Continental Development

International tourism demand made steady progress between January and April 2015 with tourist arrivals increasing up to 4% worldwide according to the latest the World Tourism Organization (UNWTO) report. Almost all continents enjoyed strong growth which is forecasted to grow hosting close to 500 million tourists expected to travel overseas. read more

Posted in African News, Travel | Leave a comment

IMF Concludes Staff Visit to the Democratic Republic of São Tomé and Príncipe

An International Monetary Fund (IMF) team, led by Mr. Maxwell Opoku-Afari, IMF Mission Chief for São Tomé and Principe, visited São Tomé and Príncipe from September 23-29, 2015, to discuss recent economic developments and support the preparation of the 2016 budget. The IMF Executive Board approved approved a new three-year, SDR 4.44 million (about US$6.2 million) Extended Credit Facility (ECF)[1] arrangement on July 13, 2015 (see Press Release No. 15/336), to support São Tomé and Príncipe’s medium-term economic program. read more

Posted in Sao Tome and Principe | Leave a comment

Hanoi Telecom Selects Infinera TM-Series for Metro Network in Vietnam

Posted in African News, ICT | Leave a comment

Le forum de financement des PME «AFRICA SME CHAMPIONS FORUM», se tiendra du 17 au 18 NOVEMBRE 2015, à NAIROBI- KENYA, au SAFARI PARK HOTEL

Le forum de financement des PME  «AFRICA SME CHAMPIONS FORUM», se tiendra du 17 au 18  NOVEMBRE 2015, à NAIROBI- KENYA, au SAFARI PARK HOTEL read more

Posted in Algeria News, Burkina Faso News, Equatorial Guinea, French, Guinea News, Guinea-Bissau, Kenya News, Mali News, Morocco News, Mozambique News, Republic of Côte d'Ivoire (Ivory Coast) | Leave a comment

Ivanhoe Mines’ Louis Watum says “this is the best time for mines to invest and seek operational efficiencies to remain competitive”

Ivanhoe Mines diamond sponsors at leading DRC mining events read more

Posted in African News, Democratic Republic of the Congo | Leave a comment

HR leaders outline Africa’s top human capital management challenges

The biggest challenges facing human capital management and HR practitioners include becoming a strategic partner in business and securing employee engagement, it emerged at the annual HR Summit and Expo Africa 2015. read more

Posted in African News, South Africa News | Leave a comment

Wonga SA announces new fraud hotline to help to combat phishing scams

Computer fraud is a big issue today, but it extends beyond simple data fraud and now includes financial fraud too. It’s something that Wonga SA became aware of a year or so ago when some unscrupulous “shamsters” tried to heist the Wonga name and use it for their own fraudulent purposes. read more

Posted in Advertorials, African News, ICT, South Africa News | Leave a comment

Les services du FMI Concluent une Mission de Revue au Niger

Une mission des services du FMI conduite par M. Cheikh Anta Gueye a séjourné à Niamey du 14 au 28 septembre 2015 pour mener les discussions portant sur les sixième et septième revues du programme appuyé par un accord du FMI au titre de la Facilité Elargie de Crédit (FEC)[1], approuvé par le Conseil d’administration du FMI le 16 mars 2012 (voir le Communiqué de presse no 12/90). La mission a aussi discuté de la requête des autorités pour une augmentation de l’accès aux ressources du Fonds fiduciaire pour la réduction de la pauvreté et pour la croissance ainsi que l’extension du programme pour une période d’un an. read more

Posted in French, Niger News | Leave a comment

IMF Staff Completes Review Mission to Niger

An International Monetary Fund (IMF) staff mission led by Cheikh Anta Gueye visited Niamey from September 14 to 28, 2015 to conduct discussions on the sixth and seventh reviews under a program supported by an Extended Credit Facility (ECF)[1] arrangement, approved by the IMF Board on March 16, 2012 (see Press release 12/90). The mission also discussed the government’s request for an augmentation of access under the PRGT, and the extension of the program for a period of one year.At the end of the mission, Mr. Gueye issued the following statement:

“The Nigerien authorities and the IMF team reached a staff-level agreement for completing the sixth and seventh reviews of the ECF-supported program. Subject to approval by IMF management and the Executive Board, the government’s policies could be supported with a disbursement of SDR 39 million (about CFAF 32 billion). Executive Board consideration is expected in November 2015. read more

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How the Rugby World Cup will affect different markets around the world

Prices and market shares are known for being unpredictable and volatile. However when they are analysed thoroughly,there are opportunities to gain large profits for anyone willing to make an investment. Working out how much risk is involved is imperative, as is weighing that risk against the potentialreturns. It is also vital to rememberthat external events can also cause market shares to fluctuate. read more

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