Tag Archives: african countries

The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost infrastructure investment and growth in selected African countries

The MoU was signed by Mr. Khaled Al Aboodi, the Chief Executive Officer and General Manager of ICD, and Mr. Shi Jiyang, President and Chief Executive Officer of CADFund

At the side lines of the landmark IsDB 42nd Annual Meeting in Jeddah, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund) (CADFund.com), a Beijing-based private equity firm and subsidiary of the China Development Bank which focuses on Africa.

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ATI supported USD4 billion worth of trade and investments in 2016 – African countries urged to seek support from the insurer

(L-R) Honourable Henry Rotich, Cabinet Secretary of the National Treasury of Kenya and H.E. Patrice Talon, President of the Republic of Benin

The African Trade Insurance Agency (ATI) (www.ATI-ACA.org), held its 17th Annual General Meeting today. The sustained commodity price decline and current geopolitical uncertainties took centre stage. Meeting participants urged African governments to intently focus on growing intra-African trade and diversifying their economies away from commodity reliance in order to reduce vulnerability to external shocks. With sub-Saharan Africa’s GDP growth rates expected to hit a record low of 1.5% depressed commodity rates are seen to be one of the major drivers with export producers accounting for two-thirds of the region’s growth.

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Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa

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Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report

Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.

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Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report

STORY HIGHLIGHTS
  • Developing world’s share of global investment to triple by 2030
  • China, India will be developing world’s largest investors
  • Boost to education needed so poor can improve their well-being

Global Development Horizons 2013: Capital For the Future from WB_Research

In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.

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Twelve African Energy, Mining and Industry Ministers confirm attendance at the Africa Energy Forum 2013 in Barcelona

A recent report from the World Bank indicated that the GDP of a third of African countries grew by at least 6% last year, despite the estimate that power outages cost African economies on average around 2% pa of their GDP.

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The Global Armored and Counter IED Vehicles Market 2013-2023 – Market Size and Drivers: Market Profile

NEW YORK, May 16, 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

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Global Trade Partners in the 21st Century

WASHINGTON, May 15, 2013/African Press Organization (APO)/ — Remarks

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Ten African Government Ministers confirm attendance at the 15th Africa Energy Forum 2013: the international forum for Africa’s power sector

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AfDB Concludes First Pan-African Training for Regulators of Derivatives and Commodities Exchanges

ABIDJAN, Côte d’Ivoire /African Press Organization (APO)/ The African Development Bank (AfDB) (http://www.afdb.org) on May 10, 2013 concluded a one-week, pan-African training workshop for African regulators of derivatives and commodities exchanges. The training workshop was held in Abidjan, Côte d’Ivoire.

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