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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

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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Fi Istanbul’s Success Demonstrates Unlimited Market Opportunities in Turkey, the Middle East & North Africa

Staggering 3,000 Visitors + 150 Exhibiting Brands and Record Re-Booking Volumes for the 2014 Event

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Lithium Market Becoming More Reliant on Batteries for Continued Strong Demand Growth

Rise in Consumption and Future Demand Driven by Lithium-ion Batteries

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“World’s Best Service” Awarded To Crystal Cruises By Travel + Leisure

Magazine Readers Vote Luxury Line #1 of All Large Ships

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A.M. Best Revises Outlook of the Issuer Credit Rating to Positive for Dubai Insurance Company PSC

A.M. Best Europe – Rating Services Limited is a subsidiary of A.M. Best Company. A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.

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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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Abengoa to develop 132 kilometer transmission line project in Kenya

— The project, financed by the African Development Bank, is worth approximately €32 million.

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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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Canadian Solar’s Partner Romano Wins Eskom Rooftop Project in Johannesburg

About Eskom

Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa. Eskom generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors. Additional power stations and major power lines are being built to meet rising electricity demand in South Africa. Eskom will continue to focus on improving and strengthening its core business of electricity generation, transmission, trading and distribution.  For more information, please visit www.eskom.co.za.

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Satellite ultra-broadband in Europe & Africa

NEW YORK, May 15, 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

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Sarama Resources Continues to Consolidate its Position at the South Houndé Project in Burkina Faso

TSX-V Ticker: SWA
SWA.WT

VANCOUVER, May 15, 2013 /PRNewswire/ – Sarama Resources Limited (“Sarama” or the “Company“) is pleased to report that it has been granted three new exploration permits in Burkina Faso, including one adjacent to the Company’s flagship South Houndé Project, which brings the Company’s exploration landholding in this prospective region to 1,014km².

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IMF Executive Board Concludes 2013 Article IV Consultation with Seychelles

VICTORIA, Mahé, May 15, 2013/African Press Organization (APO)/ On May 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Seychelles. 1

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PANGOLIN DIAMONDS DISCOVERS ITS FIRST KIMBERLITE IN BOTSWANA

About the Tsabong North Project

The Tsabong North Project, located approximately 100 km north of the town of Tsabong in south-western Botswana, is 1,545 km2 in size. It is comprised of anomalous concentrations of kimberlite indicators and has large geo-botanical features. Pangolin has already identified more than 50 drill-ready aeromagnetic targets in the Project area, several of which have surface areas exceeding 20 hectares. Exploration activities in the area are guided in part by the recommendations of a National Instrument 43-101 Technical Report prepared for the Project.

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MTN UGANDA FOUNDATION ENDORSES ALL SAINTS COMMUNITY INITIATIVES

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Airtel reiterates commitment to customers in Uganda

Bharti Airtel (“Airtel”), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, today reiterated its commitment to Uganda and said it will “continue to make investments and offer world-class and affordable services to customers in the country”.

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