Congo Archives - AfricaBusiness.com

Sidney and Bernice Clyman – African Art collection

27Jul

By Shahina ParvinNo Comments

Art, Democratic Republic of the Congo, Gabon News, Ghana News, Mali News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Republic of the Congo

Sidney and Bernice Clyman – African Art collection

There are many ways to collect ancient and historical pieces of art. One of the most famous ways to collect art pieces and show off your wealth is to go to an auction house. Auction houses not only have the most unique collection of items but it is also a place where an individual can feel the thrill of competing against others to purchase any item. Due to the progress of online activities auctions managed to make its way to the online market. Sotheby's is one of the largest and fourth oldest auction companies in the world. With the website “www.sothebys.com” anyone can have the experience of joining the online auction hosted by Sotheby's and browse through their exciting collection of art pieces. On 30 June 2020 9:30 AM EDT African Art from the collection of Sidney and Bernice Clyman was...

20Nov

By Africa BusinessNo Comments

African News, Kenya News

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 c...

31Oct

By Africa BusinessNo Comments

African News, Democratic Republic of the Congo, Ethiopia News, Kenya News, Rwanda News

Kagame opens African Economic Conference, calls for models that respond to local needs

ADDIS ABABA, Ethiopia, October 31, 2012/African Press Organization (APO)/ – Rwandese leader, President Paul Kagame today in Kigali opened the 7th African Economic Conference, calling it an opportunity for leading African economists to look beyond purely economic factors for solutions to Africa’s developmental problems. Convened by the Economic Commission for Africa, (ECA), the African Development Bank, (AFDB) and the United Nations Development Programme (UNDP), the three-day conference is focusing on the theme Inclusive and Sustainable Development in an Age of Economic Uncertainty, according to ECA’s Information and Communication Service. He said that analysts might point to issues of governance and lack of sufficient transformational leaders but “the real problem is that our...

8Oct

By Africa BusinessNo Comments

African News

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South Africa, the continent’s largest economy, growth in Sub-Saharan Africa is forecast to rise to 6 percent. African exports rebounded notably in the first quarter of 2012, growing at an annual pace of 32 percent, up from the -11 percent pace recorded in the last quarter of 2011. African countries have not been immune to the recent bout of market volatility stemming from the Euro Area crisis, as well as the growth slowdown that is occurring in some ...

26Jul

By Africa BusinessNo Comments

African News

Business in Africa is booming. But are the commercial laws strong enough to sustain long-term growth ?

An authoritative introduction to the commercial laws being instituted in West and Central Africa through the OHADA harmonization process is published in London this week. Source: IEDP Unified Business Laws for Africa: Common Law Perspectives on OHADA is now available from IEDP. (PRWEB UK) 20 July 2012 The World Bank has just approved an International Development Association (IDA)* US$15 million technical assistance grant to strengthen OHADA's institutional capacity to support, in its member countries, selected aspects of investment climate reforms, including improved corporate financial reporting. President Kabila of the Democratic Republic of Congo has just signed the instruments of ratification of the OHADA treaty and OHADA will become the applicable law in DRC on Sept ...

23Jul

By Africa BusinessNo Comments

African News

KEMET Highlighted in GAO Report on Conflict Minerals

GREENVILLE, S.C., July 23, 2012 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that it is positively cited in the U.S. Government Accountability Office (GAO) report Conflict Mineral Disclosure Rule: SEC's Actions and Stakeholder-Developed Initiatives (GAO-12-763). This report highlights KEMET's "Making Africa Work" initiative of establishing a "closed-pipe" supply chain for responsible sourcing of tantalum from Katanga Province in the Democratic Republic of Congo (DRC). (Photo: http://photos.prnewswire.com/prnh/20120723/CL44445 ) "Addressing both the social and economic health of the local mining communities in the DRC is a critical step in resolving its l...

10Jul

By AfricaBusiness.comNo Comments

African News

Africa – Mobile Voice Market and Major Network Operators

Market penetration to reach 60% among Africa's one billion people in 2012 Mobile phones represent more than 90% of all telephone lines in Africa. Market penetration passed the 50% mark in 2010 and is expected to reach 60% in 2012. Subscriber growth across the continent has slowed to around 17% p.a, but several individual markets are still growing at 50% p.a. or more and others stand at only single-digit penetration rates. The continent's most advanced markets have passed the 100% penetration mark. Although the greatest demand is in the major cities, cellular solutions are also being employed to increase accessibility in rural and other disadvantaged areas. In addition to mobile networks, Wireless Local Loop (WLL) systems have been introduced in a large number of countries for the provision...

9Feb

By AfricaBusiness.comNo Comments

Tanzania News, Zambia News

Africa Loses Billions in Potential Trade Earnings, Falls Short of Vast Promise in Cross-Border Business―New World Bank Report

Washington, February 7, 2012 – With African leaders now calling for a continental free trade area by 2017 to boost trade within the continent, a new World Bank report shows how African countries are losing out on billions of dollars in potential trade earnings every year because of high trade barriers with neighboring countries, and that it is easier for Africa to trade with the rest of the world than with itself. According to the new report―De-Fragmenting Africa: Deepening Regional Trade Integration in Goods and Services―regional fragmentation could become even more costly for the continent with new World Bank forecasts suggesting that economic slowdown in the Eurozone could shave Africa’s growth by up to 1.3 percentage points this year. As the authors write, “while uncertainty surrounds ...