Tag Archives: Billion

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

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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Unreliable Power Supply Creates Huge Demand for Non-renewable Inverters, Finds Frost & Sullivan

Cost competitiveness vital to expand in developing markets

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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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GSMA Establishes Office In Nairobi To Support Burgeoning African Telecoms Market

Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018

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Global Trade Partners in the 21st Century

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

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SA tooling and Manufacturing tackle revival challenge

South Africa’s tooling and manufacturing sectors are aggressively tackling skills challenges, and modernising and growing their operations, with a view to taking on global manufacturing giants.

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Mobile Technologies to Fast Track Financial Transactions for the Unbanked in Asia

4th Annual Summit on Mobile Payments & Banking Greater Mekong/ Emerging Markets will be taking place in Phnom Penh, Cambodia from 12-13 June 2013.

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IMF SAYS GAMBIA’S VAT IS KILLING THE ECONOMY, BUSINESSES

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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Forest products critical to fight hunger – including insects / New study highlights role of insects for food and feed consumption

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 (13-15 May).

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MENA gains from US climate fund

The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013

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New IFC Vice President Jean Philippe Prosper Pledges Further IFC Financing in Senegalese Infrastructure Projects

DAKAR, Senegal, May 10, 2013/African Press Organization (APO)/ IFC, a member of the World Bank Group, will further expand its investments in infrastructure in Senegal, as well as continue advising the government on public-private partnerships in infrastructure and other sectors, said Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, Latin America and the Caribbean. On the occasion of his first trip since assuming his new position, Prosper highlighted the key role of the private sector in building infrastructure by working alongside national authorities.

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The AfDB supports economic recovery in Mali with a loan of more than 30 billion CFA francs

TUNIS, Tunisia, May 8, 2013/African Press Organization (APO)/ The African Development Bank Group (AfDB) (http://www.afdb.org) approved on Wednesday, May 8 in Tunis, a loan of 30 billion CFA francs to the Republic of Mali. This amount will be drawn from the resources of the African Development Fund (ADF), the Bank’s concessional window, to finance an Emergency Economic Recovery Support Programme (EERSP).

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Climate Investment Funds Give North Africa and Middle East Green Light for Revised Regional Solar Plan

 

AfDB/World Bank-supported plan to generate more than a gigawatt of power

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Standard Bank uses sustainable strategy to mesh commercial reality and social relevance

2012 Sustainability Report proves that Standard Bank’s strategy and sustainability programmes are mutually reinforcing and have served the company well in the past 12 months

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Mahindra Comviva Evolves the Mobile Music Ecosystem in Africa

The company has become one of the largest music aggregators in the African continent

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