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China to provide Africa with US$1 trillion financing

November 19, 2013

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China to provide Africa with US$1 trillion financing Funds over next 12 years will come in the form of investments and loans, with most of them for building infrastructure, says mainland analyst Toh Han Shih South China Morning Post The central government, including state-owned banks, will provide US$1 trillion of financing to Africa in the […]

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Equatorial Guinea seeks full implementation of Free Movement Agreement

November 15, 2013

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Equatorial Guinea seeks full, systematic implementation of accord on free movement Technical and administrative conditions of the agreement must be in place before nations will be able to manage the free movement of people. PRNewswire-USNewswire MALABO, Equatorial Guinea- The Government of Equatorial Guinea favors full implementation of the Free Movement Agreement of the Economic and […]

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Mugabe makes Zimbabwe’s tobacco farmers land reform winners

November 4, 2013

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Mugabe makes Zimbabwe’s tobacco farmers land reform winner By Godfrey Marawanyika Bloomberg Bonus Matashu points to a three-ton truck he bought for $15,000 in cash and says President Robert Mugabe’s often violent program of seizing white-owned farms and giving them to black Zimbabweans turned around his life. “This is the best thing that could have […]

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South Africa and France ink $8 billion energy, rail infrastructure deals

October 14, 2013

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South Africa and France ink $8 billion energy, rail infrastructure deals Agence France-Presse South Africa on Monday clinched $8 billion in infrastructure deals with France during a visit by President Francois Hollande, boosting government efforts to tackle a flagging economy and sky-high unemployment. Hollande kicked off a two-day visit to Africa’s largest economy by signing […]

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Ghana to host first aviation exposition- African Air Expo 2014

October 10, 2013

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Ghana to host first aviation exposition- African Air Expo 2014 Ghana will host the maiden Africa Air Expo from November 9 – 11, 2014 in Accra to showcase the achievements of the civil aviation industry in Africa. Graphic (Ghana) ACCRA- Ghana is to host the first-ever global aviation exposition in Africa in Accra, in 2014. […]

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Africa: Experts met in Accra to prepare for Abidjan–Lagos Highway project

September 25, 2013

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Experts met in Accra to prepare for Abidjan–Lagos Highway project Ghana News Agency The 2nd meeting of the Steering Committee for the construction of the proposed Abidjan–Lagos Highway project took place in Accra. The conference was attended by experts, Ministers of Road, Infrastructure, Works and Justice from Nigeria, Benin, Togo, Ghana and Cote D’ivoire are […]

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KENYA: Nairobi – Jomo Kenyatta International Airport receives full funding for a new terminal and second runway

September 19, 2013

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Nairobi – Jomo Kenyatta International Airport receives full funding for a new terminal and second runway Reuters NAIROBI — Kenya’s airport authority has received full funding offers from three banks to build a new terminal and second runway at its main airport, hit by a massive fire last month, that will cost $653 million, the […]

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Israel: Ethiopia’s African Jews immigrate

August 30, 2013

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Black African Jews immigrate to Israel Haaretz The last 450 immigrants from Ethiopia landed in Israel on Wednesday afternoon, ending a 30-year national project. However, hundreds or even thousands of others remain in a camp in Ethiopia, as Israel has refused to let them in. Wednesday’s landing completed the effort’s final stage, which consisted of […]

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China issues white paper on economic, trade cooperation with Africa

August 29, 2013

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China issues white paper on economic, trade cooperation with Africa Xinhua BEIJING– The Chinese government on Thursday issued a white paper on China-Africa Economic and Trade Cooperation, underlining latest achievements of the mutually-beneficial cooperation between China and African countries. The white paper, released by the Information Office of China’s State Council, introduces facts of trade […]

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BRICS nations close to consensus on $100 billion forex reserve fund

August 28, 2013

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BRICS close to consensus on $100b forex reserve fund Global Times Major emerging countries, known as the BRICS group of nations, are close to reaching a consensus on creating a $100 billion foreign currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability, a senior Chinese central bank official said Tuesday. Meanwhile, […]

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