Most Recent World News

General Electric (GE) Upbeat On Africa’s Economic Prospects

The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as the continent was facing a firm economic surge..

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International Acquisition Of Local Firms Profit Kenyan Entrepreneurs

Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire entrepreneurs are selling their stakes in local companies.

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Oil and gas executives gather in Mozambique to discuss potential of resource-rich Africa

Oil and gas industry executives from across Africa are meeting in Mozambique this week to discuss challenges and opportunities on the resource-rich continent. The website of the event, called Oil.

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Financial Flows To Nigeria And Other African Countries To Hit $203.9 Billion In December

Financial flows to Nigeria and other African countries through external sources are projected to increase by 9.5 percent to a new record of $203.9 billion by end of 2013, compared.

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Africa’s richest man, Aliko Dangote pledged To Invest $15 Billion In Africa By 2018

Africa’s richest man, Alhaji Aliko Dangote has pledged to spend up to $15 billion pursuing investment opportunities around the continent in the next 4-5 years. Speaking at the sidelines of.

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5 Business Lessons of Sporting Success – Richard Branson

It has been a glorious month for British sport, fresh off the back of last year’s incredible Olympic success. As well as sitting back and enjoying the fantastic spectacle of.

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Rwanda’s New Coffee Buzz

Rwanda’s coffee beans — now imported by the likes of Grace Hightower De Niro — are bolstering the economy of the central African nation. In recent years Rwanda — once.

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Kenya seizes ivory ‘going from Uganda to Malaysia’

Poached ivory “disguised” as sun-dried fish has been seized in the Kenyan port city of Mombasa, officials say. The consignment of some 770 pieces, hacked out of elephants, had come.

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Oil Changes The Economic Equation For More African Countries

As more nations in Africa join the league of oil producing countries in the world, it is increasingly becoming important that economies in the continent moves from mono to multi.

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