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Africa Economics

Juniper Glass Announces Ethiopian Merger and Regulatory Approvals

juniper

Juniper Glass today announced that it has received all regulatory approvals necessary to conclude the final investments in its US$70 million greenfield container glass factory in Debre Birhan, Ethiopia. Juniper is working closely with leading global glass engineers and equipment suppliers to build a state-of-the-art factory, which will use the …

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Societe Generale partners with American Express in Africa

societe-generale

The agreement involves both online sales and POS payments through electronic payment terminals Societe Generale (SocieteGenerale.com) announces that it has signed a merchant acquiring partnership with American Express (AmericanExpress.com) in eight countries in Sub-Saharan Africa where the Bank operates. These countries include Benin, Burkina Faso, Cameroon, Chad, Guinea, Ivory Coast, …

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ECA project to strengthen African policymakers’ capacities in building inclusive and sustainable cities

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A national workshop will be held in Kampala from December 1 to December 2 to launch the project on ‘Strengthening Member States’ Capacities in Designing and Implementing Strategies and Policies for Inclusive and Sustainable Cities in Africa’ A new project to strengthen the capacities of African policy makers and experts …

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IMF Executive Board Concludes 2016 Article IV Consultation with Cabo Verde

IMF

In 2016, growth is forecast to recover to 3.2 percent supported by FDI, domestic demand, agriculture, and tourism, which should benefit from the mild upswing in Europe On November 18, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation[1] with Cabo Verde. In …

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African Countries Should Align AGOA and Their Developmental Integration Agenda – Minister Davies

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He was speaking in Addis Ababa, Ethiopia where he was moderating the Africa Trade Week Panel Discussion on Africa Growth and Opportunity Act (AGOA) and the Continental Free Trade Area (CFTA) The Minister of Trade and Industry, Dr Rob Davies has emphasised the importance of export diversification and industrialisation in …

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South Africa Commended for Being a Leader in Investment Reform

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South Africa was one of the first countries to initiate investment policy reforms that led to a decision to not renew the first generation/old style bilateral investment treaties that were unbalanced since it provided absolute protection to investors while placing no obligations on them The Secretary General of United Nations …

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Barclays, Techstars open global applications to fintech entrepreneurs

barclays

Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa’s financial services industry. This collaboration between Barclays Africa and Techstars offers a game-changing opportunity to 10 qualifying fintech startups, which will …

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First ever Africa Trade Week Opens in Addis Ababa

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One of the issues that participants will discuss is the relationship between Africa and the United States following the recent election of business magnate Donald Trump as President-elect of the US, the changing architecture of global trade, AGOA implementation, trade partnerships, the CFTA, trade facilitation and related issues The Africa …

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