Business

IMF Staff Completes 2015 Article IV Mission to Angola

imf

An International Monetary Fund (IMF) mission led by Ricardo Velloso, visited Luanda from August 12-25, 2015, to conduct discussions for the 2015 Article IV consultation. The mission met with Vice-President Manuel Vicente, Finance Minister Armando Manuel, Planning and Territorial Development Minister Job Graça, Economy Minister Abrahão Gourgel, Construction Minister Waldemar Pires Alexandre, Petroleum Minister Botelho Vasconcelos, Public Administration, Labor, and ...

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ECAir, the national airline of the Republic of Congo, signs a partnership agreement with the WHO

eca

Fatima Beyina-Moussa, Director General of ECAir, Equatorial Congo Airlines (www.flyecair.com), the national airline of the Republic of Congo, and also President of the Association of African Airlines (AFRAA), hosted a press conference this Wednesday, 26 August 2015 at ECAir House, the headquarters of ECAir, with Dr Fatoumata Binta Diallo, representative of the World Health Organisation (WHO) in Congo. ECAir and ...

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IMF Mission Concludes the 2015 Article IV Discussions and Announces Staff-Level Agreement with Tunisia on the Sixth Review under the Stand-By Arrangement

imf

Mr. Amine Mati, IMF Mission Chief for Tunisia, issued the following statement today in Washington: “IMF staff reached staff-level understandings with the Tunisian authorities on the sixth review under the SBA. These understandings are subject to approval by IMF management and the Executive Board, which is tentatively scheduled to consider the review in late September. Upon completion of this review, ...

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DHL invests about 47 Million Euro in Sub-Saharan Africa

Frank Appel, Chief Executive Officer of Deutsche Post DHL Group

Frank Appel, CEO of Deutsche Post DHL Group visited Africa and emphasized overall importance of emerging markets for the Group. Frank Appel, Chief Executive Officer of Deutsche Post DHL Group (http://www.dpdhl.com), visited South Africa and Nigeria this week. The visit demonstrated the overall importance of emerging markets in the Group’s Strategy 2020: Focus.Connect.Grow., and in specific the encouraging development of ...

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Nigeria, Africa’s top remittance recipient Nation to host RemitAfrica2015

remittance

More than 200 delegates and 65 industry stakeholders from more than 25 countries are expected to attend the remitAfrica2015 event in Lagos – Nigeria Enabling low cost remittances to Africa MobileMoneyAfrica (http://www.mobilemoneyafrica.com) will host the RemitAfrica conference (http://www.remitafrica2015.com) on Nov 04 – 05 in Lagos, the economic capital of Nigeria, Africa’s largest remittance nation. Remittance providers and stakeholders such as ...

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Kenya to Host the First Monitoring for Environment and Security in Africa Forum

mesa

The Forum will examine how Earth Observation data through the MESA Project supports policy, planning and decision making at the national, regional and continental level in Africa Kenya will host the first Monitoring for Environment and Security in Africa (MESA) Forum in Nairobi Kenya from 31st August – 4th September at the Crowne Plaza Hotel. The Forum will examine how ...

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Africa Finance Corporation (AFC) receives US$50 million from the Islamic Development Bank for project financing

Andrew Alli, President and Chief Executive Officer of AFC

The funds will be used to finance projects located across the numerous African IDB member countries. Africa Finance Corporation (AFC) (http://www.africafc.org) is pleased to announce its acceptance of a US$50 million 15 year line of financing, with a 13 year six month repayment period, from the Islamic Development Bank (IDB). The funds will be used to finance projects located across ...

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Technology advances in logistics sector necessary to meet increasing delivery demands

Oliver Facey, Vice President of Operations for DHL Express Sub Saharan Africa

DHL Express Sub-Saharan Africa has launched pocket-sized, all-touch computers that capitalize on the latest technological advancements. The rise of e-commerce and increased competition are driving the demand for real-time supply chain visibility. This is according to Oliver Facey, Vice President of Operations for DHL Express Sub-Saharan Africa (http://www.dpdhl.com), who says that supply chain operators should increasingly invest in transportation management ...

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Angola will host the Meeting of the Ministers of Finance and Governors of the Central African Banks, the African Caucus

african caucaus

From 27–28 August in Luanda, the Republic of Angola will host the Meeting of the Ministers of Finance and Governors of the Central African Banks, the African Caucus, with the aim of strengthening the voice of the continent’s representatives on important issues relating to the socio-economic development of the Bretton Woods Institutions (BWIs). The meeting being held at the Talatona ...

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The comparison website Click n Compare is taking Africa by storm

Ryan Marx, Co-Founder and CEO of Click n Compare

CNC Group (CNC), parent company of Click n Compare (http://www.clickncompare.co.za), the South African-focused comparison website is expanding their African footprint after a very successful year with a strong month on month growth of 40%. Alongside the South African success of the brand comes now their launch of a new consumer-facing brand, CompareGuru, into both Nigeria and Kenya. Established in 2013, ...

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