BRAZZAVILLE, Republic of the Congo, May 14, 2013/African Press Organization (APO)/ – An International Monetary Fund (IMF) mission led by Mr. Mbuyamu Matungulu visited Brazzaville during April 29–May 13, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with the Honorable Obami Itou, President of the Senate; the Honorable Koumba, Speaker [...]
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IMF Mission Concludes the 2013 Article IV Mission to the Republic of Congo
by Africa Business on May 14, 2013
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African energy company to expand operations in the continent
by Wallace Mawire on May 14, 2013
Cennergi, a recently-formed African energy company which is committed to providing energy solutions to Africans, is reported to be gearing up to acquire sizeable operational energy assets in generation on the African continent, according to Liz Hart, Siyenza Management. According to Hart, Cennergi (Pty) Ltd, is a 50:50 joint venture between South African-based diversified resources [...]
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ZIMFUND launches first phase of Zimbabwe’s water supply and sanitation rehab project
by Wallace Mawire on May 14, 2013
by Wallace Mawire The Zimbabwe Multi-Donor Trust Fund (ZimFund) urgent Water Supply and Sanitation Rehabilitation Project phase one expected to increase the reliability, quality and availability of water, restore wastewater treatment capacity and reduce the incidence of cholera and other water related diseases has been launched, according to the Zimfund Manager, Engineer Emmanuel Nzabanita. The [...]
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IMF SAYS GAMBIA’S VAT IS KILLING THE ECONOMY, BUSINESSES
by Amat JENG on May 13, 2013
The International Monetary Fund (IMF) says Gambia’s newly introduced Tax collection system — the Value Added Tax (VAT)- is killing the country’s ailing economy and businesses. “The outlook for the economy is generally favorable for 2013, but there are risks. Real GDP growth is expected to accelerate, if the recovery in crop production is sustained. [...]
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RUSSIA SEEKS GAMBIA’S SUPPORT TO HOST WORLD EXPO 2020
by Amat JENG on May 13, 2013
A special envoy dispatched to Banjul by the Russian Federation has disclosed that he came to seek The Gambia’s support in his country’s bid to host the World EXPO 2020 in the city of Ekaterinburg, report the Daily Observer – government’s controlled newspaper. DV. Shubman, director of the staff of the Deputy Prime Minister, of [...]
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Forest products critical to fight hunger – including insects / New study highlights role of insects for food and feed consumption
by Africa Business on May 13, 2013
ROME, Italy, May 13, 2013/African Press Organization (APO)/ – Forests, trees on farms and agroforestry are critical in the fight against hunger and should be better integrated into food security and land use policies, FAO Director-General José Graziano da Silva said today at the International Conference on Forests for Food Security and Nutrition in Rome [...]
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CHINA, AFRICA EXPLORE NEW OPPORTUNITIES TO COOPERATE ON HEALTH CHALLENGES, STRENGTHEN INNOVATIONS
by Amat JENG on May 13, 2013
Chinese and African leaders will come together at the 4th International Roundtable on China-Africa Health Cooperation to explore new partnerships to address some of the most pressing health challenges facing Africa and strengthen an innovative health partnership based on south-south cooperation. This year’s roundtable is the first to take place on the African continent. It [...]
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AFRICA ATTRACTIVENESS: CONTINENT’S SHARE OF GLOBAL FDI INCREASES
by Amat JENG on May 13, 2013
Africa’s share of global foreign direct investment (FDI) has grown over the past five years highlighting the growing interest from foreign investors, according to Ernst & Young’s third Africa Attractiveness Survey , released yesterday. The report combines an analysis of international investment into Africa over the past five years with a 2013 survey of [...]
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Canada works to improve business environment for African agriculture
by Africa Business on May 13, 2013
CAPE-TOWN, South-Africa /African Press Organization (APO)/ – The Honourable Julian Fantino, Minister of International Cooperation, attended the World Economic Forum on Africa, Grow Africa Investment Forum, and G-8 New Alliance for Food Security and Nutrition Leadership Council in Cape Town, South Africa, to promote private sector partnerships as a way to achieve innovative solutions to [...]
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Africa can adhere to responsible, AMV-compliant mining practices
by Africa Business on May 13, 2013
CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ – Key players in the mining sector attending an industry partnership meetingfor Mining and Metals session organized by the World Economic Forum and the Economic Commission for Africa (ECA) have underscored that the window of opportunity provided by rising commodity prices must correspond to a rise in [...]
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Branding Africa and debunking the myths about its potential
by Africa Business on May 13, 2013
CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ – Africa cannot continue to be marketed as a country, when it is a continent of 54 countries, which, by 2040 will have the largest workforce in the world. The statement was made by the Economic Commission for Africa’s Executive Secretary, Mr. Carlos Lopes at the World [...]
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