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Politics, not economics, is at play... Indonesia wants more trade with Namibia

Politics, not economics, is at play... Indonesia wants more trade with Namibia

12 Nov 2014
Indonesia, with a GDP of over US$1.3 trillion (N$15 trillion), believes it is inconceivable that its trade with Namibia is only worth N$37 million annually. The Asian country says...
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Chifungula keen on mining audit

Chifungula keen on mining audit

12 Nov 2014
Auditor General Anna Chifungula says the extent of corruption in the mining industry requires serious intervention. In an interview following a Millennium Development Goals (MDG) ...
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EU asks Nigeria to sign trade deal

EU asks Nigeria to sign trade deal

12 Nov 2014
A delegation of the European Union, EU, to Nigeria on Tuesday appealed to the Federal Government to sign the Economic Partnership Agreement (EPA) to enhance the export of Nigerian ...
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Take advantage of factoring as trade finance tool, African businesses urged

Take advantage of factoring as trade finance tool, African businesses urged

12 Nov 2014
Legislators and regulators should assist African businesses to take advantage of the benefits of factoring as a trade finance instrument by creating enabling environments for the f...
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EU-Africa free trade agreement ‘destroys’ development policy, says Merkel advisor

EU-Africa free trade agreement ‘destroys’ development policy, says Merkel advisor

11 Nov 2014
German Chancellor Angela Merkel’s Africa Commissioner, Günter Nooke issued harsh criticism of the EU’s joint free trade deal with multiple African countries, claiming the EPA ...
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Time to upscale renewable energy

Time to upscale renewable energy

11 Nov 2014
It is no longer a secret. The world is fast running out of traditional energy sources such as coal. Furthermore, emissions from these fossil fuels have increased climate warming an...
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Inaugural Conference on Land Policy in Africa to be held in Addis Ababa

Inaugural Conference on Land Policy in Africa to be held in Addis Ababa

11 Nov 2014
The inaugural Conference on Land Policy in Africa (CLPA) will be held from 11 to 14 November 2014, at the African Union Conference Center, in Addis Ababa, Ethiopia. The CLPA 2014 i...
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Development billions channelled through tax havens

Development billions channelled through tax havens

11 Nov 2014
Public institutions providing finance to businesses in developing countries are channelling billions of euros through secretive tax havens, a report published today (4 No...
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Sitharaman sees hope for trade facilitation in WTO talks

Sitharaman sees hope for trade facilitation in WTO talks

11 Nov 2014
Commerce minister makes strong case for food subsidy to poor India on Sunday exuded confidence that the current impasse over the Trade Facilitation Agreement (TFA) and f...
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Obama says momentum building on ‘historic’ trans-Pacific trade deal

Obama says momentum building on ‘historic’ trans-Pacific trade deal

11 Nov 2014
U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the fi...
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ECOWAS slammed over delay in adoption of single currency

ECOWAS slammed over delay in adoption of single currency

11 Nov 2014
Some analysts have slammed the Economic Community of West African States (ECOWAS) for its frequent postponement of the deadline for the adoption of a single currency. The new dead...
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EU says Yes to Kenya biotech food exports

EU says Yes to Kenya biotech food exports

11 Nov 2014
The European Union has rescinded its earlier statement that Kenyan farmers will find it difficult to find market in the EU if the country adopts genetically modified crops. ...
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Failed Mozambican deal hits SA firms

Failed Mozambican deal hits SA firms

10 Nov 2014
South African blue-chip companies have ended up on the wrong side of a soured R3.7-billion Mozambican port deal, including Esor Franki and law firm Bowman Gilfillan. South African...
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Kenya to sign convention that curbs tax fraud

Kenya to sign convention that curbs tax fraud

10 Nov 2014
Kenya plans to pursue individuals who use offshore companies to evade taxes and commit other economic crimes, after the government announced it will endorse an international conv...
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World Bank supports new actions to improve connectivity of Land-locked Countries

World Bank supports new actions to improve connectivity of Land-locked Countries

10 Nov 2014
Landlocked countries can improve their connectivity by strengthening cooperation with their transit neighbors and other global partners, as well as pursuing specific actions to red...
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Treasury seeks reforms to deal with weak economy, low budget spend

Treasury seeks reforms to deal with weak economy, low budget spend

10 Nov 2014
Kenya’s rebased economy will not grow as fast as initially projected, a paper tabled by Treasury Secretary Henry Rotich shows. Instead of the 5.8 per cent growth rate on w...
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Communiqué of Africa Business Initiative Response to Ebola

Communiqué of Africa Business Initiative Response to Ebola

10 Nov 2014
At an historic meeting on 8 November 2014, the African Union together with African Development Bank, the United Nations Economic Commission for Africa and leading businesses in Afr...
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Exports of poorest countries rebounded in 2013 but their trade share remains marginal

Exports of poorest countries rebounded in 2013 but their trade share remains marginal

09 Nov 2014
The exports of goods and commercial services from least developed countries (LDCs) increased by 5.2% last year but the total share of LDCs in world trade remains marginal, the LDC ...
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New global tourism initiative to ‘steer industry onto a truly sustainable path’ – UN

New global tourism initiative to ‘steer industry onto a truly sustainable path’ – UN

09 Nov 2014
Tourism is one of the largest and fastest-growing economic sectors in the world contributing 9 per cent to global GDP, accounting for one in 11 jobs worldwide and for 6 per cent of...
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IFC launches $450 million initiative to spur private sector trade and investment in Ebola-affected countries

IFC launches $450 million initiative to spur private sector trade and investment in Ebola-affected countries

09 Nov 2014
IFC, a member of the World Bank Group, on 5 November 2014 announced a package of at least $450 million in commercial financing that will enable trade, investment, and employment in...
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