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pan-African news
Top reforming African countries - Ghana, Kenya and Mauritius - recognized through World Bank-IFC awards
Today Ghana, Kenya, and Mauritius were honored for their performance in the World Bank-International Finance Corporation’s (IFC) Doing Business 2008 report which ranks 178 economies for the regulatory ease of doing business.
The moral duty to eat African strawberries at Christmas
In his latest Energy and Environment Comment, Dr Benito Müller looks at the recent controversy about discouraging consumers particularly in the UK from buying produce of least developed countries because of their 'food miles', i.e. the transport carbon emissions (especially from air freight), and the effect that such an environmental consumer boycott has on the efforts to eradicate poverty in these countries.
Development aid back in focus at WTO as talks sour
World Trade Organisation (WTO) negotiators have turned their focus to development aid in an attempt to salvage souring talks over a global free trade pact. africa.reuters.com
Wars strip $284 bln from African economies - report
Wars stripped about $284 billion from Africa's economies between 1990 and 2005, roughly equal to the amount of aid money given to the world's poorest continent, according to a report on Thursday by Oxfam International. africa.reuters.com
Growing Africa gets share index
An investment bank launches Sub-Saharan Africa's first financial index, citing "investment potential". bbc.co.uk
In first 100 days, Zoellick renews World Bank focus
In his first 100 days as head of the World Bank, Robert Zoellick has worked quickly to give the poverty-fighting institution a sense of direction after the storm surrounding his predecessor Paul Wolfowitz. africa.reuters.com
Distribution of Nets Splits Malaria Fighters
Mosquito nets have the potential to save lives in malaria-plagued countries. But what is the best way to get them to those who need them most? nytimes.com
regional and country news
As Angola Rebuilds, Most Find Their Poverty Persists
Thanks to surging oil production, Angola’s economy is booming, but most Angolans remain as poor as ever. nytimes.com
Uganda opens first HIV drug plant
A factory making drugs to combat HIV/Aids opens in Uganda - the first of its kind in the country. bbc.co.uk
Southern Africa to meet trade deadline - official
Southern Africa is on track to form a free trade zone by 2008 and is still considering establishment of a customs union, a senior official with an African leadership group said on Tuesday. africa.reuters.com
Mauritius eyes sugar, biofuel "flexi-factories"
Mauritius is restructuring its sugar sector by moving towards flexi-factories that can produce sugar and biofuels and by stepping up exports of premium cane sugars, a senior official said on Friday. africa.reuters.com
Mozambique to revive $1.1 billion Enron steel project
Mozambique's government said on Monday it planned to push ahead with development of a $1.1 billion steel project that was cancelled after the collapse of U.S. energy trading firm Enron. africa.reuters.com
Togo votes under watchful eye of donors
Togolese voted on Sunday in parliamentary elections which leaders of the small West African state hope will convince foreign donors that they have fully embraced multi-party democratic rule. africa.reuters.com
Mine tax may harm new investments in Zambia
The Zambian government's plans to raise mineral royalty to 3.0 percent from 0.6 percent could harm the expansion of the copper industry, the Zambia Chamber of Mines (ZCM) has said. africa.reuters.com
company news
Rights Case Against 50 Companies Is Reinstated
A divided federal appeals court has ruled that a human rights lawsuit filed against corporations that did business in South Africa under apartheid should be revived. nytimes.com
Nokia Siemens signs $130 mln Nigeria deal
Nokia Siemens Networks said on Wednesday it had won a $130 million order to expand Celtel Nigeria's telecom network. africa.reuters.com
Kenya awards internet cable deal
Alcatel-Lucent wins the undersea internet cable project to give Kenya better links with the world. bbc.co.uk
Ethiopia: US Corp to Invest $50 Million in Coffee Sector
B&D Food Corporation, an American-based company, is set to invest USD 50 million in coffee farm and erection of a roasting facility in Ethiopia under its recently established subsidiary, BDFC Ethiopia Industry PLC. The Reporter / http://allafrica.com
World's largest wine firm buys in SA
The largest wine company in the world has bought a second wine maker in South Africa, following its acquisition of Kumala wines last year — serving as a vote of confidence in SA's winemaking. iafrica.com
Microsoft to Partner With Algeria
The PDG of Microsoft, Mr Steve Ballmer has affirmed the company's commitment to a partnership with Algeria. He said, "the policy of Microsoft is to pursue the aid for the development of information and communication technologies in Algeria." Highway Africa News Agency / http://allafrica.com
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