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Etiopia
Rural development vital to eliminate poverty
Eliminating poverty will depend on tailored policies and investments to transform rural areas and not so much on overall economic growth of a country, according to the International Fund for Agriculture Development (IFAD). According to a global study that has been released by the IFDA, governments will need to focus ...
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USA Etiopia
Ethiopia Wins Big As Cement, Flower, Shoe Firms Set Up Shop
[East African] Ethiopia is using a range of incentives to woo investors to the country. Already, US private equity groups KKR and Blackstone have announced their interest in the country's infrastructure and floriculture sectors.
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USA
Africa: Elumelu to Clinton, Trump - Africa Needs More U.S. Engagement in Trade, Investment
[This Day] Chairman of Heirs Holdings, Mr. Tony Elumelu, yesterday appealed to the leading candidates in the United States presidential election -- Democratic Party's Hilary Clinton and Republican Party's Donald Trump -- to retain the prevailing US-Africa policy, saying it was adequate and would only need to be expanded and ...
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Nigeria
Nigeria: Investor Confidence Needed to Boost Economy - Afrinvest
[Vanguard] Afrinvest West Africa Limited has stated that investors' confidence is required to boost the Nigeria's economy, even as it gets set to launch its banking reports.
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Vietnam
Going digital
Southeast Asia's emerging economies continue to attract manufacturers and service providers eager to tap into a combined population of 630 million and a growing middle class. But an increasing number of investments in recent years have been focused on the new digital economy and the huge potential it represents.
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Cina Giappone
Two Samsung phones ‘catch fire’ in China
Two Samsung Galaxy Note 7 smartphones reportedly have caught fire in China, in potentially the first such incidents in the world’s largest smartphone market. Samsung Electronics said it was investigating one of the reported cases. The South Korean firm had earlier said Galaxy Note 7 smartphones sold in China were ...
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Cina Giappone Filippine
Casino billionaire sees Duterte’s gambling crackdown, China stance as good for business
anila Philippine casino mogul Enrique Razon is pushing ahead with plans to build a 20 billion peso ($418 million) resort in Manila, undeterred by President Rodrigo Duterte’s crackdown on gambling. The chairman and founder of Bloomberry Resorts Corp. said construction of the company’s second casino, in Quezon City in the ...
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Giappone
Five snippets of information about VW’s ‘Dieselgate’ scandal
It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry. Billions of dollars in compensation later and mired in legal woes and mass recalls, ...
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Giappone
One year after ‘Dieselgate’ surfaced, can Volkswagen leave scandal behind?
One year ago, Volkswagen’s cheating on emissions tests for millions of its diesel cars erupted into public view, leaving the mammoth carmaker battling an unprecedented crisis. Barely a week has passed since that has not seen a fresh twist in the saga, which has tarnished Germany’s proud auto industry and ...
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Abu Dhabi Financial Group hires new chief for business units
Dr Saleh Al Hashemi, former senior exec at Abu Dhabi’s Executive Council, leads capital markets and securities subsidiaries