economy Archives - Page 4 of 5 - AfricaBusiness.com

10Oct

By Africa BusinessNo Comments

Equatorial Guinea Airline Inaugurates Service To Europe

Ceiba Intercontinental Adds Malabo – Madrid Route MALABO, Equatorial Guinea, Oct., 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea's national airline, Ceiba Intercontinental, made its historic first intercontinental flight on October 4 from Malabo, Equatorial Guinea, to Madrid. Ceiba will service the route with a newly acquired Boeing 777 aircraft. The Ministry of Civil Aviation of Equatorial Guinea purchased the aircraft as the first step in the government's efforts to meet the growing demand for air service to the country and support its growing economy. "Flying to Madrid from Malabo, on board an aircraft of this type and owned by Equatorial Guinea, is a dream come true," said Fausto Abeso Fuma, Delegate Minister of Aviation. Upon his arrival in Spain on the inaugural fligh...

10Oct

By Africa BusinessNo Comments

Summit aims to encourage enterprises and governments to be tech intensive and ICT empowered

Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. South Africa, Republic of, Oct, 2012 – Globally, information and communication technology (ICT) has proven to be a driving force and an enabler for socio-economic development. In order to facilitate successful ICT policies and strategically plan for further development in West Africa, enterprises and governments are now being encouraged to fully understand and implement s...

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, South Africa News, Zambia News

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 . This essay intends to dissect the concept of new regionalism and whilst briefly looking at how it has evolved . With reference to the last point this paper will attempt to link the concept of new regionalism to the recent surge in Regional Trade Agreements (RTA).[1] The crux of this essay however lay in establishing the reasons for increases in RTA’s , that is to say both economic and political positives of jo...

22Jul

By AfricaBusiness.comNo Comments

African News

Groot Group and Partners to Develop Africa’s Largest Glass Manufacturing Plant in Tses, Namibia

Tses Glass is expected to become the largest dynamic glass manufacturing factory in Africa focused on producing industry leading glass products with the type of float glass, hollow glass, glass wool and fiber, cast glass, and ultrathin glass for the construction of residential and commercial buildings as well as for automobiles, kitchenware, bottles, touch screen computing, and smart phones devices for the markets around the world. Windhoek, Namibia, July, 2012 --(PR.com)-- Groot Group, SDS Group, Nissi, and the Tses Community are joining forces on an equal shareholding value to form a joint venture, namely; Tses Glass (Pty) Ltd, for the development of the Tses Glass Manufacturing Plant (Tses Glass) in Tses, Southern Namibia. Tses Glass is expected to become the largest dynamic glass manuf...

22Jul

By AfricaBusiness.comNo Comments

African News, Algeria News, Egypt News, Ethiopia News, Mauritius News, Nigeria News, South Africa News, Zambia News

Africa to gear up for more meaningful engagement with China

The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent's regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon Freemantle ahead of the fifth Forum on China-Africa Cooperation (FOCAC) in Beijing, China, that starts on 19 July 2012. Jeremy Stevens, Standard Bank Group's Beijing-based economist, says that the summit comes at a time when China is distracted by domestic economic challenges and political matters. Meanwhile Africa is now even more reliant on China, in particular Chinese demand for African commodity exports, but even ...

22Jul

By The African Press OrganizationNo Comments

Republic of Côte d'Ivoire (Ivory Coast)

World Cocoa Foundation and First Lady of Cote d’Ivoire Partner to Improve Cocoa Communities

Agreement Provides for Social and Economic Support [19-July-2012] WASHINGTON, July 19, 2012 /PRNewswire/ — The World Cocoa Foundation (WCF) and the office of Dominique Ouattara, first lady of Cote d’Ivoire, announced today an agreement to develop and implement educational and vocational training programs to benefit cocoa farmers and their families in Cote d’Ivoire. The three-year agreement is valued at $3.6 million and will benefit more than 12,000 Ivorians through successful WCF educational programs that are active in the country and in other West African countries. The agreement was signed in a ceremony today in Washington by First Lady Dominique Ouattara and Bill Guyton, president of the World Cocoa Foundation. The collaboration expands access to quality universal basic e...

22Jul

By The African Press OrganizationNo Comments

African News

IN CHINA, AFRICA, UNITED NATIONS WILL CONNECT THOSE WHO FACE CHALLENGES WITH THOSE WHO HAVE SOLUTIONS, SECRETARY-GENERAL SAYS AT BEIJING FORUM

NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I thank the Government of China and the people for their kind invitation and warm hospitality. I commend the leadership of President Hu Jintao in organizing this forum at this very important time in Beijing. I also thank the Government of Egypt for their contribution and leadership and for co-chairing this Forum during the last several years. As the largest developing country, and as the region with the largest number of developing countrie...

16Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

Protect yourself from fraud and stand in line to win an iPad!

by Tina-Louise Company: Compuscan Telephone: 021 888 6127 It is estimated that identity theft costs our economy over R 1 billion each year. Despite the fact that consumers are becoming more vigilant, fraudsters are becoming more cunning. Techniques such as card skimming and phishing are used daily on unsuspecting victims to access their identity and personal information. Social media websites have also become a goldmine for fraudsters who are looking for access to personal information. If consumers want to protect their identity from impersonation the first step is to equip themselves with knowledge on how to prevent identity theft and what to do should they become a victim. Many individuals believe that fraud will not affect them and as a result do not put appropriate measu...

10Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

Students need vocational education

By Thandisizwe Mgudlwa Vocational education and training is clearly the answer for most students who can't enter the university system. That is why experts have in the past urged students to consider private colleges and Further Education and Training (FET) institutions as a viable option for gaining a tertiary education. Among them are quality institutions offering courses that address the economic needs of our country. Many colleges have a higher ratio of graduates placed directly into related employment. Sharene Menteath, Head of Academics at CTI Education Group comments: "CTI Information Systems graduates are employed at the same level as university graduates, but require only one year of study and are likely to have earned an additional R100 000 before their universi...