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pan-African news
World Bank sees big gains from easing trade flows
Reducing the cost of moving goods across borders could boost the incomes of developing countries more than a new world trade pact that cuts tariffs and agricultural subsidies, World Bank officials said on Monday. africa.reuters.com
Instability 'threat' to business
Instability in emerging markets threatens business prospects in many countries around the world, a report says. bbc.co.uk
Africa's economies at 30-year best
Africa's sub-Sahara region is enjoying its strongest economic growth and its lowest inflation in more than three decades, the International Monetary Fund said on Monday. iafrica.com
World must be careful on food miles issue - diplomat
Ending imports of fresh food from Africa under the pretext of combating climate change risks destroying entire communities that have become dependent on the trade, Ghana's High Commissioner to Britain said on Wednesday. africa.reuters.com
Summit to cut conflict gem trade
A diamond industry watchdog meets to discuss ways of preventing the trade in conflict diamonds. bbc.co.uk
UN Environment Agency Announces New Projects to Boost Clean Energy
The United Nations Environment Programme (UNEP) today announced the launch of a pair of projects worth some $100 million in the tea and sugar industries designed to boost the use of clean energy and stimulate development in Africa. UN News Service / http://allafrica.com
$100 laptop' begins production
Mass production of the so-called $100 laptop has begun, five years after the concept was first proposed. bbc.co.uk
regional and country news
South Africa: Red Tape Holds Up Trade - World Bank
Trade restrictions are stifling SA's global business competitiveness and the country is lagging other developing countries in reforms, a new survey shows. Business Day / http://allafrica.com
East Africa: Region Asks For More Time to Discuss Trade Deal
East African countries - Kenya, Uganda, Tanzania, Rwanda and Burundi - are pursuing an economic, and political union under the East African Community (EAC). The East African Standard / http://allafrica.com
Ghana: Country Experiencing Rapid Capital Inflows - IMF
Ghana is experiencing rising capital inflows in the region according to the World Economic Outlook report released at the just ended annual meeting of governors of financial institutions among its 185 member countries. Ghanaian Chronicle / http://allafrica.com
Kenya: Coffee Farmers to Access U.S. Market Under Fair-Trade Deal
Small scale coffee farmers now have a window to sell coffee directly to the United States under the 'ethically produced' label. Business Daily / http://allafrica.com
Rwanda capital market to open by March 2008
Rwanda's first stock exchange will be operational in the first quarter of 2008, with four companies having expressed interest in listing on the fledgling market, the bourse's executive director said on Monday. africa.reuters.com
Liberia: Investment Commission Makes U.S. $250,000 Deal With Bank
ECOBank Liberia limited has loaned US$250,000.00 to the National Investment Commission (NIC) in support of Liberian owned Small and Medium Enterprises (SME) Development Program. The Analyst / http://allafrica.com
South Africa: State Strategy Good News for Small Suppliers
The cabinet has finally given the go-ahead for the implementation of a government procurement strategy covering 10 key categories of products. Business Day / http://allafrica.com
Lesotho: UN Agriculture Fund Announces $8.7 Million Programme
The United Nations International Fund for Agricultural Development (IFAD) today announced the launch of an $8.7 million programme aimed at helping some 37,000 poor rural people in Lesotho have better access to financial services. UN News Service / http://allafrica.com
Congo-Kinshasa: NGOs Campaign for Publication of Mining Contracts Report
A worldwide coalition of non-governmental organizations this week launched an international appeal demanding publication of a government report on mining contracts in Congo. Catholic Information Service for Africa / http://allafrica.com
Botswana: President Says Poverty Levels Will Drop to All Time Low
Poverty levels are expected to fall to an all time low of 23 percent by 2009 on the back of continued economic growth which has earned Botswana rave reviews as Africa's leader in poverty reduction, President Festus Mogae said in Parliament. Mmegi/The Reporter / http://allafrica.com
Steel and carbon tariffs scrapped
Government has scrapped import tariffs on stainless steel and carbon in order to promote competition, SABC reported on Tuesday. iafrica.com
company news
Nigeria: Intel, ETF Invest $10.1 million On Digital Content
Intel, one of the world's leading information communication technology (ICT) firms has, in collaboration with the Education Trust Fund (ETF), invested $10.1million towards the development of a digital curriculum content for Nigerian secondary schools under the e-school initiative. This Day / http://allafrica.com
ArcelorMittalSA, Toyota in steel venture
Toyota Tsusho Corporation, Toyota Tsusho Africa and ArcelorMittal South Africa on Thursday unveiled a 147 million rand joint venture to process steel for Toyota South Africa. africa.reuters.com
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