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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

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. read more

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

Open Quotes
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

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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 read more

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

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Binghamton researcher studies oldest fossil hominin ear bones ever recovered

The skull of Paranthropus robustus (SKW 18 SK 52) from the site of Swartkrans (South Africa). The specimen dates to approximately two million years ago and has yielded the oldest complete ossicular chain (malleus, incus and stapes) of a fossil hominin discovered to date. (PRNewsFoto/Binghamton University) read more

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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: read more

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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 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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PANGOLIN DIAMONDS DISCOVERS ITS FIRST KIMBERLITE IN BOTSWANA

About the Tsabong North Project read more

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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. read more

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

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GulfSol 2013 set to address MENA solar power problems

Solar power in the Middle East seems simultaneously logical with sun-scorched deserts everywhere, and illogical, all that oil, at the same time. read more

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Time for “Dark Continent” to invest in renewable energy

Posted in African News, Energy, Green Energy, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment