Tag Archives: year

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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“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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2013 Pick n Pay Knysna Oyster Festival Programme full of New Highlights

The programme for the 2013 Pick n Pay Knysna Oyster Festival is growing, with new and exciting events joining the stable of old favourites. “Last year’s programme sported more than 100 events,” said Festival Manager Nicci Rousseau-Schmidt. “And it is already clear that we’ll top that number this year.”

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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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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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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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IFC Promotes Mobile Financial Services in Cote d’Ivoire to Encourage Inclusive Development

ABIDJAN, Côte d’Ivoire, May 14, 2013/African Press Organization (APO)/ IFC, a member of the World Bank Group, and The MasterCard Foundation today convened key financial industry players to build further momentum for mobile financial services in Cote d’Ivoire. The event recognized the market’s enormous potential, especially for increasing access to finance for low income households, small scale businesses and in hard-to-reach areas.

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SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests?

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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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Denmark to launch new development programme for Zimbabwe

Denmark is planning to launch a new development programme in mid 2013 with substantial increase in budget  support for Zimbabwe, according to State Secretary of the Danish Ministry of Foreign Affairs, Mr L.B.Petersen who recently visited the southern African country.

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IMF Mission Concludes the 2013 Article IV Mission to the Republic of Congo

BRAZZAVILLE, Republic of the Congo, May 14, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Mr. Mbuyamu Matungulu visited Brazzaville during April 29–May 13, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with the Honorable Obami Itou, President of the Senate; the Honorable Koumba, Speaker of Parliament; State and Finance Minister Ondongo, Special Presidential Advisor Gokana, National Director of the BEAC Ondaye Ebauh, and other senior officials. It held discussions with development partners and representatives of the private sector, including members of the banking profession.

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African energy company to expand operations in the continent

Cennergi, a recently-formed African energy company which is committed to providing energy solutions to Africans, is reported to be gearing up to acquire sizeable operational energy assets in generation on the African continent, according to  Liz Hart, Siyenza Management.

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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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RUSSIA SEEKS GAMBIA’S SUPPORT TO HOST WORLD EXPO 2020

A special envoy dispatched to Banjul by the Russian Federation has disclosed that he came to seek The Gambia’s support in his country’s bid to host the World EXPO 2020 in the city of Ekaterinburg, report the Daily Observer – government’s controlled newspaper.

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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.

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CAR: Food crisis looms

NEW YORK, May 13, 2013/African Press Organization (APO)/ Food assistance is emerging as an urgent humanitarian priority in the Central African Republic (CAR). Assessments carried out earlier this year show that many people cannot afford the little food that is available in markets, and that farmers have begun to eat the seeds that were meant for planting this season.

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Cape Town welcomes more than 5000 power and water professionals this week as Eskom CE Brian Dames and Minister Edna Molewa address African Utility Week

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