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What President Trump Wants from Global Trade

President Donald Trump’s approach to international trade is driven to a large extent by his belief that the United States is being unfairly treated by other countries. His main supporting evidence is the trade deficit – the US buys more than it sells internationally. He has referred to the deficit

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Mauritius Risks European Union Blacklist, for Money Laundering

The European Union has included Mauritius on its revised list of high-risk countries with strategic deficiencies in anti-money laundering and counter-terrorist financing frameworks. Famous as a financial haven in Africa, Mauritius harbours investments by wealthy individuals within and outside the continent who build companies and investments on the island because o

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U.S. Throws Down Gauntlet to China With Mozambique LNG Loan

U.S. President Donald Trump’s sparring with China is playing out in an unlikely new arena: the sandy turf of northern Mozambique, one of the world’s poorest countries. The U.S. Export-Import Bank on Thursday approved the broadened scope of a $4.7 billion loan to back American suppliers to a liquefied-natural-gas development that could transform the

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How Social Innovation is Empowering East Africa

As technological innovation and entrepreneurship have continued to rise in Africa, East Africa has had its contributory share to the African tech story; with innovations like Kenya’s M-Pesa that has redefined the mobile money narrative while Tanzania’s Off-Grid Electric is pushing African funding barriers with a recent $55 million raise. On the social innovation front,

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Africa Cannot Afford LOCUST-19

We are in a battle against time to curb the Covid-19 pandemic. While tackling the Coronavirus pandemic has grabbed global attention, a new crisis that could claim a lot more lives is brewing in Africa: massive locust invasions. Billions of desert locusts are ravaging countries all across East Africa, including

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AfricaCom 2019 gets Boost from Africa’s Digital Experts

MultiChoice Group (MCG), Africa’s most-loved storyteller and leading entertainment business, was a key sponsor and participant at this year’s AfricaCom (featuring Africa Tech) which took place at the Cape Town International Convention Centre (CTICC) from 12-14 November 2019. “As Africa’s leading video entertainment business through Showmax, DStv and GOtv, we

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Togo becomes 18th African country shareholder in ATI

African countries fast-tracking membership to ATI in response to expected trade and investment insurance capacity impact from COVID-19 Togo becomes 18th African country to join ATI, with a shareholding of US$12.5 million, through a concessional loan by the European Investment Bank. Membership in ATI provides African countries with additional trade and

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women agriculture

$200 Million To Be Given By World Bank To Nigerian Farmers

Over 60,000 Nigerian farmers will be given the total sum of $200 million by the World Bank through its productivity enhancement and livelihood improvement support  (APPEALS) initiative. Anne Ihugba, the head of Corporate Communications of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), made this known on sunday. This will be executed across

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Africa Real Estate Conference and Awards (AFRECA ’19)

Africa Real Estate Conference and Awards (AFRECA ’19)

Africa Real Estate Association has slated their annual conference and awards for 28th of August, 2019 at Landmark Center, Victoria Island, Lagos. AFRICA REAL ESTATE CONFERENCE AND AWARDS (AFRECA ’19) with the headline INSTITUTIONAL FRAMEWORK- Creating sustainable laws and policies and how they affect the growth of Real Estate Sector

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unemployment

SA Unemployment Rate Jumps to 29%, The Worst Since 2008

SA’s official unemployment rate jumped to 29% in the second quarter of the year, the highest jobless rate since the start of 2008. The country’s unemployment rate was 27.6% in the first quarter of 2019, meaning the rate has increased by 1.4 percentage points. According to the Quarterly Labour Force Survey for the

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SME

In 2yrs 50,000 MSMEs were Granted DBN loans

The Development Bank of Nigeria (DBN) has lent at least N70 billion to over 50,000 micro, small and medium scale enterprises (MSMEs) in less than two years since its establishment. The financial institution (DBN) was established in 2017 to alleviate financing constraints faced by MSMEs in Nigeria through providing financing,

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Egpyt

Telecom Egypt Partners with Cable Network to Improve Content Services

The Egyptian leading telecommunications operator, Telecom Egypt has signed an agreement with shareholding company, Cable Network Egypt (CNE) to provide its subscribers with internet protocol television services (IPTV). This partnership allows Telecom Egypt to provide great content ranging from entertainment to sports, films, TV series and kids channels through IPTV

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