Daily Archives: April 8, 2016
SWIFT Africa Advisory Group to hold inaugural meeting at the African Regional Conference 2016 in Mauritius
SWIFT’s Africa Advisory Group, founded to provide senior industry insight into Africa’s financial markets, will hold its first meeting in Mauritius in advance of ARC 2016
Orange announces the acquisition of a 75 million-euro equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket Internet.
Through this investment, which will be accompanied by a series of strategic partnerships between the subsidiaries of the two groups, Orange will help Jumia and other websites run by Africa Internet Group to accelerate their growth and seize development opportunities in Africa.
The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow.
Ethiopia has previously relied heavily on pharmaceutical imports – or international manufacturers with a footprint in the country – to meet a growing consumer demand for medicine. As a result, several initiatives will be rolled out to improve the quality of healthcare in the country, owing to a large gap in the supply and demand of drugs.
The Government of Angola is aware that the high reliance on the oil sector represents a vulnerability to the public finances and the economy more broadly.
The sustained efforts over many years to promote economic diversification have already resulted in a significant increase in the contribution of the non-oil sector to GDP to 69,1% percent today, compared to 40 percent in the mid-80s. However, the oil sector still represented over 95% percent of export earnings and 52% percent of government revenue in 2015.
Forex market is extremely competitive, which why finding the right brokers can be quite a daunting task, especially for a newbie trader. When you are looking around for a suitable brokerage platform to open a trading account, it is vital to consider certain factors.