Tag Archives: South Asia

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

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. read more

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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”. read more

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Sultan Al Mansouri: We will continue our efforts to make the Annual Investment Meeting a true global investment platform

Investment Map Project by the Ministry of Economy is a leading initiative to attract foreign investments read more

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Nearly Half of the World’s Entrepreneurs Are Between The Ages Of 25-44 According To Global Entrepreneurship Report

Babson sponsored research finds increased demand for entrepreneurial training read more

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New venture sees Exset and Digital Telemedia targeting Emerging Markets

By Thandisizwe Mgudlwa

Exset, the pioneers of TV ecosystems for emerging markets, and Digital Telemedia have partnered read more

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Power Markets in Emerging Economies – Market Outlook, Capacity and Generation, Opportunities and Challenges to 2020

NEW YORK, Dec., 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: read more

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International Funding for Microfinance Continues to Grow, Reaches at Least US$25 billion in 2011

 

WASHINGTON, Dec., 2012 /PRNewswire-USNewswire/ — International funding for microfinance reached at least $25 billion in 2011, CGAP’s Cross-Border Funder Survey shows. The total amount committed has increased over the past five years, though at a slower rate in the last two years: average annualized growth decreased from 17 percent per year between 2007 and 2009 to six percent per year between 2009 and 2011. Even though funders committed the same amount to new projects in 2011 compared to 2009, more projects closed in the past two years, which accounts for the slower growth rate. read more

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Airtel introduces new service in Africa

By Thandisizwe Mgudlwa Bharti Airtel says its customers in Africa will now get Free incoming calls while roaming on its South Asia Network. This is the worlds’ first intercontinental roaming facility offering free incoming calls leverages Airtel’s network reach in India, Sri Lanka and Bangladesh To benefit African businessmen, tourists and students traveling to the Indian sub-continent, The announcement was made last week in Nairobi, Kenya. Airtel, a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, introduces the world’s first free intercontinental incoming roaming service by including India, Bangladesh and Sri Lanka to its current bouquet of "ONE NETWORK" services for its African customers. Also, Airtel customers already avail this facility across the company’s mobile network in 17 countries across Africa. And further, Airtel customers in Africa will not need to register for the "ONE NETWORK" service or buy new SIM cards as they will now be automatically provisioned as ‘citizens’ of Airtel’s borderless network across 20 countries in Africa and Asia. This offers opportunities to a base of 60 million Airtel customers in Africa to roam at affordable tariffs in India, Sri Lanka and Bangladesh. In addition, by offering free incoming calls whilst roaming, the service ups the ante for global telecom providers as the seamless service across continents is a world-first amongst mobile service providers. This will greatly benefit the travelling population, consisting of tourists, corporates, businessmen and students who want to keep in touch with people back home. Andre Beyers, Chief Marketing Officer, Airtel Africa, commenting on the service said: “Mobile communication has the ability to connect communities. Airtel’s ONE NETWORK now gives our customers the ability to drastically reduce roaming charges whilst travelling within and across the two continents. Our goal is to provide affordable and relevant mobile communication solutions across borders.” Furthermore, within 17 African countries, ONE NETWORK also allows Airtel customers to use their local Airtel SIM cards whilst abroad, giving them access to attractive rates for calls made, access data, enjoy value added services and recharge using local top up vouchers in the country visited. Notably, the service is poised to benefit increasing intra-regional trade between Africa and the South Asian nations which currently stands at over USD 60Billion. Equally, the number of travellers between Africa and the 3 countries has been growing. India is the main destination for most of African travellers for trade, its tertiary educational institutions and affordable medical facilities. The countries covered by Airtel One Network Services are: Kenya, Burkina Faso, Chad, Congo Brazzaville, Democratic Republic of Congo, Gabon, Ghana, Madagascar, Malawi, Niger, Nigeria, Rwanda, Seychelles, Sierra Leone, Tanzania, Uganda, Zambia, India, Bangladesh and Sri Lanka. read more

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MITSUMI IT Distribution Africa concluded its GITEX 2012 debut on a high note

MITSUMI IT Distribution has concluded its GITEX debut successfully which run from October 14 – 18, 2012 at Dubai World Trade Centre.  GITEX is the ICT business gateway to the Middle East, Africa and South Asia (MEASA) region. read more

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MITSUMI IT Distribution Africa headed for GITEX Technology Week 2012

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Bill Gates Calls International Response to Helping Poor Farmers Outdated and Inefficient, Outlines Changes Needed to Feed 1 Billion Hungry

Announces nearly $200 million in new agriculture grants, bringing foundation total to over $2 billion read more

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Hilton Foundation Preventing Deadly Disease Outbreaks in Somalia

$250,000 grant awarded to protect famine victims from cholera read more

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Pioneering African Business Initiative Launched By Tullow Oil

ACCRA, Ghana, January 24, 2012/African Press Organization (APO)/ – This morning Africa’s largest independent oil company, Tullow Oil plc (‘Tullow’), kicked off a new business initiative aimed at attracting and facilitating further investment in the continent. read more

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