Tag Archives: development

The Parliament of Sierra Leone has ratified the award of offshore exploration blocks for ODYE Limited with partners, Chevron and Noble Energy

    “The two exploration blocks, SL-08A and SL-08B, have been combined into one concession and are located between 75 and 110 miles (120 and 180 km) southwest of the capital of Freetown and cover a combined area of about 2,100 square miles (5,500 sq. km). (CNW Group/ODYE Limited)”. LONDON, Oct. 8, 2012 /PRNewswire via […]

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

  PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women […]

Officials to deliberate a business plan to implement the African Mining Vision

  ADDIS ABABA, Ethiopia, October 8, 2012/African Press Organization (APO)/ – The joint partnership of the African Union Commission, the Economic Commission for Africa and the African Development Bank has hailed today’s meeting of the Bureau of the Second Conference of AU Ministers Responsible for Mineral Resources Development as “an important milestone in implementing the […]

World Bank Launches New Fund to Help African Countries Negotiate Best-Possible Deals for their Oil, Gas, and Minerals

PARIS, October, 2012―With new discoveries of oil, gas, and other minerals generating a wave of significant mineral wealth in African countries, the World Bank today launched a new fund to help countries on the continent level the playing field and ensure equitable deals in their natural resource contracts with international companies. With Africa holding 15% […]

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 […]

Catherine Ashton travels to Kenya to reiterate EU support to democracy, security and economic growth in the region

  BRUSSELS, Kingdom of Belgium, August 24, 2012/African Press Organization (APO)/ – Catherine Ashton, EU High Representative for Foreign Affairs and Security Policy/Commission Vice President, is travelling to Nairobi where she is to meet Prime Minister Odinga, Minister of Foreign Affairs Ongeri, and other Kenyan leaders on 28 August. As Kenya is preparing for national […]

Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya is to attend and speak at the Cloud East Africa Summit

  Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya (Microsoft Word) The Cloud Summit East Africa Summit, proudly supported by the Kenya ICT Board and KITOS, will be held in Nairobi on 7 September 2012. The strategic industry event is hosted by international business-to-business conferencing company, Kinetic Events. The summit is […]

SA’s National Development Plan promises greatness

  By Thandisizwe Mgudlwa SOUTH AFRICA’s revised National Development Plan (NDP) could be the foundation for a new age of co-operation between business and government, a leading business organisation believes. It is the Cape Chamber of Commerce and Industry which has welcomed the NDP as a progressive step for the prosperity of South Africa. Michael […]

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 […]

Regionalism

  by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources […]