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Economics

Implications of international sourcing for organizations

International sourcing refers to the entire process of sourcing of various goods as well as other services from the extensive global market across the expansive geopolitical borders. In an attempt to stay competitive in the unpredictable market, most business outfits increasingly systematize their production internationally, hence breaking up their value …

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Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Visit to Uganda

“Uganda has appropriately embarked on a strategy of scaled-up infrastructure investment in the energy and transport sectors to relieve key growth bottlenecks and enhance regional linkages” Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Kampala at the conclusion of her visit …

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Loopholes in Mali’s Export Tax Regime make it a Magnet for the Illicit Trade of Gold in West Africa

Due diligence on West African gold urged as new report reveals discrepancies in production and trade statistics between Mali and UAE Mali’s taxation practices applicable to gold exports have turned the country into West Africa’s illicit gold trading hub, Partnership Africa Canada (www.PACweb.org) said in a report published today. The …

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EuroFresh Exotics to compete for the Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017

EuroFresh Exotics has been nominated for the AFIF Entrepreneurship Award 2017 (http://APO.af/vsWGQz), for their production and exportation of fresh fruits and vegetables using innovative farming techniques. EuroFresh was created in 2012 by Ms. Lydia Wambui, who will defend her project during the Africa Finance & Investment Forum 2017 (13-16 February), …

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Africa Finance Corporation issues US$150 million maiden Sukuk

Issuance represents the global market’s first USD Sukuk transaction of 2017 and the first Sukuk transaction from an African supranational entity Africa Finance Corporation (AFC) (www.AfricaFC.org), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated Sukuk issuance from an African institution. Following …

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