Tag Archives: gap

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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TeleCommunication Systems Technology Experts to Discuss International Trade Issues at the Maryland/DC Celebration of International Trade 2013

 

About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS’ cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world.
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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. read more

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IMF Concludes Article IV Mission to Cameroon

YAOUNDE, Cameroon, May 15, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during April 29–May 14, 2013 to conduct the 2013 Article IV Consultation. The mission met with Prime Minister Philémon Yang, Minister Secretary General at the Presidency Ferdinand Ngoh Ngoh, Minister of Finance Alamine Ousmane Mey, Minister of Economy, Planning, and Territorial Development Emmanuel Nganou Djoumessi, several other ministers, the Vice Governor and the National Director of the Bank of Central African States (BEAC), other senior officials, and representatives of the private sector, labor unions, civil society organizations, and development partners. The discussions focused on recent economic and financial developments, the 2013 budget, and the economic outlook for 2013 and beyond. At the end of the mission, Mr. de Zamaróczy issued the following statement:
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AFRICA ATTRACTIVENESS: CONTINENT’S SHARE OF GLOBAL FDI INCREASES

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. read more

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What Is Needed for Sustainable Energy for Africa?

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Africa Attractiveness Survey: Africa’s Share of Global FDI Increases Over the Last Five Years

JOHANNESBURG, South-Africa, May 6, 2013/African Press Organization (APO)/
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Year of the Artisan: Artisans needed to help grow the economy

African Education Week to gather experts in Johannesburg in June read more

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IMF Concludes Article IV Consultation Mission to Ghana

ACCRA, Ghana, April 15, 2013/African Press Organization (APO)/ A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during April 2-12, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with President Mahama, Vice-President Amissah-Arthur, Finance Minister Terkper, Bank of Ghana Governor Wampah, other senior officials, members of parliament, and representatives of the private sector, think tanks, trade unions, and civil society.
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QNBN: The arrival of fibre-optic broadband will change people’s lives dramatically

Ahmed Al-Sulaiti, CTO, Qatar National Broadband Network (Qnbn), Qatar is delivering a keynote address on Day Two of Broadband MEA 2013, taking place on the 19th-20th March 2013 at the JW Marriott Marquis Hotel, Dubai, UAE. Ahead of the show we speak to him about why faster speeds are so important and how Qnbn copes with the demands on its network.

What major developments have there been within the broadband industry in your region over the past year?
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SEFA and Partners Launch Competition for Clean Energy Entrepreneurs in West Africa

About the Sustainable Energy Fund for Africa (SEFA): SEFA is a joint initiative between the African Development Bank and the Government of Denmark comprising of resources of up to US $56 million to unlock investments in small and medium scale sustainable energy projects on the African continent. It operates through two components: (i) project preparation grants to bring renewable energy generation and energy efficiency projects to bankability and (ii) equity investments to bridge the financing gap and infuse the managerial capacity needed for successful project implementation. SEFA is structured to be used as a flexible multi-donor facility to support the access to sustainable energy agenda in Africa, and is one of Africa’s instruments under the UN-championed Sustainable Energy for All initiative. read more

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A piece by Donald Kaberuka, President of the African Development Bank, to set the scene for the BRICS summit in Durban on 26-27 March

A Win-Win in Infrastructure – The Durban BRICS Summit
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World Water Day: South Africa has most progressive water policies, but fails with implementation

African Utility Week to look at municipalities’ key water challenges read more

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African banks look to fill gap left in trade finance as Europe pulls back

International commodity traders are turning to African banks to finance trade transactions as the global economic slowdown, Eurozone debt crisis and tougher capital requirements force international banks to pull back their lending in Africa. read more

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