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Toyota investment a sign of confidence in SA


By – Pretoria – Toyota’s continued investment in South Africa demonstrates confidence in the country’s economy, says President Jacob Zuma. He was speaking at the official launch of the new generation locally produced Toyota Hilux and Fortuner models at the car maker’s Prospecton plant in Durban. “This is a very positive event for our country, as it demonstrates confidence …

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MoneyGram Money Transfers now Available at Banco Nacional de Guinea Ecuatorial (BANGE)

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MoneyGram continues to expand in Equatorial Guinea. MoneyGram (NASDAQ: MGI) ( continues to expand in Equatorial Guinea with the launch of money transfer services at Banco Nacional de Guinea Ecuatorial (BANGE) locations. MoneyGram customers in Equatorial Guinea now have fifteen new convenient locations where they can send and receive money between family and friends. BANGE is one of the leading …

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Small business driving SA economy

Small Business Development Minister Lindiwe Zulu

By – Pretoria – The small business sector is beginning to take its rightful place as the engine of South Africa’s economy, according to Small Business Development Minister Lindiwe Zulu. This was confirmed by 2016 tax collection success in which SARS broke through the R1 trillion ceiling. The tax authority also reported that more than 18 000 new SMMEs …

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Ecobank and Old Mutual announce enhanced strategic agreeement


Ecobank Transnational Incorporated (ETI) (, parent company of the Ecobank Group, and Old Mutual Emerging Markets (OMEM) (, a part of the Old Mutual Group, today announced an enhanced strategic agreement that will strengthen existing ties between the leading pan-African bank and the insurance and asset management giant. Old Mutual Emerging Markets currently has a bancassurance partnership with the Ecobank …

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USAID Hosts Entrepreneurship Summit for African Innovators and Investors


On May 19, the United States Agency for International Development (USAID) hosted a networking event for African entrepreneurs, innovators, and investors. The workshop gave forward-thinking Ghanaians an opportunity to network one-on-one and collaborate with investors, government officials, business representatives, and educators to fuel entrepreneurship for the benefit of Ghana. USAID Assistant Administrator for Africa Linda Etim opened the conference and …

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Centre opened to support SMMEs in bio manufacturing sector

Science and Technology Minister Naledi Pandor

By – Pretoria – Science and Technology Minister Naledi Pandor has opened a bio-manufacturing centre that aims to support small, medium and micro-enterprises (SMMEs) at the Council for Scientific and Industrial Research (CSIR), in Pretoria. The centre, named the Bio-Manufacturing Industry Development Centre (BIDC), is a first of its kind in South Africa and aims to support SMMEs involved …

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BMCE Bank of Africa closes registration for the 2016 African Entrepreneurship Award and prepares to announce the candidates for its second round


8800 entrepreneurs from 105 countries registered with 3900 business ideas. The Group BMCE Bank of Africa announces the closing of Round 1 of the second edition of the African Entrepreneurship Award ( The AEA is dedicated to inspire talented African entrepreneurs, or originating from Africa, by funding businesses using technologies that transcend borders to create jobs and improve lives. Round …

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Manufacturers Association of Nigeria Inaugurates Large Corporation Group to Boost Manufacturing in Nigeria


The event was sponsored by global digital industrial technology company – General Electric (GE). The Manufacturing Association of Nigeria ( has inaugurated its Large Corporation Group, which will amongst other things come up with policy recommendations that will lead to a conducive economic and social climate for the operation and development for large scale industries in Nigeria. Speaking at the …

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Orange launches 6th edition of the Orange Social Venture Prize in Africa and the Middle East


The projects of 4 start-ups will be recognized during the awards ceremony with prizes of 25,000, 15,000 and 10,000, while 5,000 euros will go to the winner of the Special Cultural Content Prize Orange ( is launching a call for candidates for the 2016 Orange Social Venture Prize in Africa and the Middle East. The Orange Social Venture Prize, which …

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SA: Uber driver partners to be licensed as transport operators


By – Pretoria – The Gauteng Department of Roads and Transport has taken an official decision to license Uber driver partners as public transport operators. “The aim is to ensure the continuation of a public transport service for the people of Gauteng, who have come to rely on Uber as a mode of transport,” Gauteng Roads and Transport MEC …

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