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Business: Airtel, Visa extend mobile payments to seven countries in Africa
Barcelona, Spain: Visa and Bharti Airtel Tuesday announced a partnership to bring innovative mobile payment services to seven markets in Africa including Kenya, Gabon, Ghana, Madagascar, Rwanda, Seychelles and Tanzania.
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New bid to boost Africa-US trade
Efforts to remove trade barriers between the East African Community and the US have started in earnest.
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Business Beat: Foundation sets aside Sh9.1b to revive Africa's start-up revolution
In 2012, The Economist wrote a colourful article about how Kenya, Â?previously known for its coffee and safarisÂ?, was in the middle of a tech boom. The article said Nairobi was fast becoming a Â?Silicon SavannahÂ?, a phrase that has since become a moniker for the city's burst of apps, hubs ...
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Business: Foundation sets aside Sh9.1b to revive Africa's start-up revolution
In 2012, The Economist wrote a colourful article about how Kenya, Â?previously known for its coffee and safarisÂ?, was in the middle of a tech boom. The article said Nairobi was fast becoming a Â?Silicon SavannahÂ?, a phrase that has since become a moniker for the city's burst of apps, hubs ...
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Nigeria: Foreign Investors Participation Drops On NSE
[Vanguard]Data from the Nigerian Stock Exchange, NSE, showed a significant drop in foreign investors' participation as at December 2014, while a significant increase was recorded on domestic side. During the period ended December 31, 2014, foreign investors' participation on the NSE dropped to 48.24 percent, as against 80.92 participation rate ...
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East Africa: U.S. Signs Trade Pledge With East Africa, Eyes Rest of Continent
[ANGOP]Washington -The United States and five East African countries pledged on Thursday to ease trade flows and set the stage for more U.S. investment, a program that could be extended to other parts of Africa.
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Nigeria: How Buhari's Administration Will Fund Social Investments, Safety Nets - APC Campaign
[Premium Times]The APC Presidential Campaign Organization, APCPCO, has assured that it will not impose any harsh tax regime on Nigerians but will rather employ existing tax policies of government to fund its people-oriented programmes.
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Nigeria: Otti Pledges Massive Investments for Rehabilitation of Aba
[This Day]Umuahia -As Aba continues to attract attention in the campaigns of political parties in Abia, the governorship candidate of the All Progressives Grand Alliance (APGA), Dr. Alex Otti, has pledged that he would "invest massively to reclaim" the commercial city.
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Nigeria spends N2bn annually on stockfish import
Nigeria, believed to be one of the highest consumers of stockfish and allied products in the world, spends over N2 billion on importation of 900 containers of the product from the Republic of Iceland. Trade statistics also show that Nigerian importers of the product have lost over N901.4 million to fraud, ...
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US Imposes Sanctions On Members Of Hezbollahs Nigeria-Based Foreign Relations Department
The U.S. government has imposed sanction on three Hezbollah figures, an amusement park and a supermarket based in Nigeria, according to the International Business Times. Mustapha Fawaz, Fouzi Fawaz and Abdallah Tahini, all born in Lebanon, are accused of being part of the groups “Foreign Relations Department” in the Nigerian capital Abuja. Hezbollah is ...
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Business News: Pan Africa Insurance Holdings 2014 profit falls 24 per cent
Kenya's Pan Africa Insurance Holdings reported on Friday a 24 percent drop in full-year pretax profit for 2014, hit by unrealised gains in equity investments and slow property sales.
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Business Beat: US signs trade pledge with East Africa, eyes rest of continent
The United States and five East African countries pledged on Thursday to ease trade flows and set the stage for more U.S. investment, a program that could be extended to other parts of Africa.
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Business: Pan Africa Insurance Holdings 2014 profit falls 24 per cent
Kenya's Pan Africa Insurance Holdings reported on Friday a 24 percent drop in full-year pretax profit for 2014, hit by unrealised gains in equity investments and slow property sales.
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Business: US signs trade pledge with East Africa, eyes rest of continent
The United States and five East African countries pledged on Thursday to ease trade flows and set the stage for more U.S. investment, a program that could be extended to other parts of Africa.
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GDP Re-basing: What Is New About Poverty And Inequality In Nigeria?
This is what really matters. It is like a weight watcher being shown a new set of scales. It turns out that the previous measurement was all wrong. Now it has been changed, but in the meantime Nigeria should not compare its own weight with that of its neighbors until ...
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Power crisis knocks South Africa economy
Worsening energy supply forces government to downgrade growth as SA delivers austere budget
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Nigeria: Investment One Financial Services Makes World Finance 100
[This Day]For leading the way in advancing the investment management industry, Investment One Financial Services has been appointed to the World Finance 100 for 2014. This exclusive list celebrates companies which have reached the pinnacle of achievement across a wide variety of expertise.
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Africa: Global Investments - Is South Africa Still On the Agenda?
[Daily Maverick]Just the other day, J. BROOKS SPECTOR quietly obtained a transcript of the discussion in a committee of the board of directors of a major multinational high-tech manufacturing company. This committee is the one that prepares final recommendations for the topmost layer of management in that firm for its ...
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Nigeria: Nigeria-British Chamber Promises More Investments in Nigeria
[This Day]The Nigerian-British Chamber of Commerce (NBCC) and UK Trade and Investment (UKTI) have promised to work together to attract more investments into Nigeria. This was made known during a send-off luncheon organised by NBCC in honour of the outgoing Director of UK Trade and Investment (UKTI), Mr. Mike Purves ...
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Nigeria: Nigerian Diplomatic Missions Out to Attract Investments - - Teneilabe
[Vanguard]AMBASSADOR Geoffrey Teneilabe is the Consul General of the Federal Republic of Nigeria in Atlanta, with jurisdiction over 17 Southeastern States of the United States of America.
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South Africa upbeat on 'Make in India' to boost trade
South Africa is considering the 'Make In India' initiative a key area of interest at a time when the country is keen on boosting bilateral trade and has placed India as a priority destination for improving the business ties.