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East Africa Com Conference Will Bring Together 650 Telecom Leaders from Across East Africa
Tomorrow, over 650 telecom leaders from across East Africa will gather in Nairobi at East Africa Com conference (www.comworldseries.com/eafrica). Their agenda for the 2 days is to establish strategies, set best practice benchmarks and find innovative ways of capitalising on the new networks and services in the fiercely competitive East African market.
Subscription growth remains high in [...]
World Bank Releases Bi-Annual Kenya Economic Update
Kenya’s economy is recovering steadily and is forecast to grow at 4.0 percent in 2010, according to the Kenya Economic Update, a biannual report that can be accessed on the World Bank Kenya website. The East African country even has the potential to improve further to 4.9 percent in 2011, if no shocks occur.
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Africa’s Business Community Turning Green?
The Green Business Africa Summit kicked off yesterday in Nairobi, Kenya. It’s Africa’s first major attempt to marry environmentally conscious ideas with traditional business concepts.
The three-day event dubbed GBASE 2010, will bring stakeholders, policy makers and business leaders from all over the world for discussions on shaping the future of sustainable business on the [...]
African Businesses Hope to see Boost from Internet Advances
The Internet Corporation for Assigned Names and Numbers (ICANN) has decided to expand their offering of domain space name options. Currently, the primary endings for web addresses include “.com”, “.net”, “.org”, and “.biz”. The number of offerings will soon increase, however, affording customers the opportunity to choose from more than 20 different types of domain [...]
The United States and Zambia Sign an Open-Skies Aviation Agreement
U.S. Secretary of Transportation Ray LaHood today announced that the United States and Zambia have signed an Open-Skies aviation agreement, liberalizing U.S.-Zambia air services for the carriers of both countries. The agreement, the first aviation accord between the two countries, was reached after discussions between the U.S. Embassy in Lusaka and the Zambian government.
Zambia [...]
Barrick Gold will Spin Off its Africa Operations through IPO
Barrick Gold, a Canadian Mining company announced on Friday the creation of African Barrick Gold, a new company whose equity it will list with the United Kingdom Listing Authority and to admit to trading on the London Stock Exchange, subject to market conditions. ABG also intends to seek a future listing on the Dar es Salaam [...]
Uganda to Host International AgriBusiness Forum
Kampala, the bustling capital city of Uganda, has been announced as the host city for the 2010 edition of the AgriBusiness Forum. At a press conference held late last year, the Government of the Republic of Uganda and Brussels-based EMRC jointly made the announcement that this year’s edition of the AgriBusiness Forum will [...]
South African Company Gives 5 Million Rand for Haiti Relief
A South African company donated R5 million to Haitian earthquake victims.
The Cape Town-based company presented a check to Imtiaz Sooliman from the South African humanitarian aid organization Gift of the Givers, which sent two search and rescue missions to the stricken Caribbean country.
“Our only hope is that these funds find their [...]
SA Express Expands Operations into Congo
SA Express, a state-owned South African domestic and regional airline, has announced that it will begin operations in the Democratic Republic of Congo as soon as February 1st. The new airline will operate domestic flights in the Democratic Republic of Congo to meet increased demand.
SA Express owns 49 percent of the airline venture, called Congo [...]
United Bank of Africa adds Zambia to its Portfolio
United Bank for Africa Plc (UBA),one of several pan African banking groups, announced the opening of its Zambian operations today - this is the groups first entry into the Southern Africa region. The company is following a trend in Africa of expanding retail banking operations to new markets. The company currently has a presence [...]
