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African Union has chosen its first female leader- South African Nkosazana Dlamini-Zuma

July 17, 2012

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African Union has chosen its first female leader- South African Nkosazana Dlamini-Zuma BBC News The African Union has chosen South African Nkosazana Dlamini-Zuma as its leader, making her the first woman to hold the post. Ms Dlamini-Zuma beat incumbent Jean Ping of Gabon after a closely fought contest for the chairmanship of the organisation. In […]

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Japan’s ¥3.5 trillion ($44.2 billion) overseas shopping spree shatters bubble-era record

July 16, 2012

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Monday, July 16, 2012   Japan’s ¥3.5 trillion ($44.2 billion) overseas shopping spree shatters bubble-era record as hot money seeks new homes     AFP-Jiji   The $5 billion buyout of a British media group last week was the latest in a line of huge foreign acquisitions by Japanese firms reminiscent of their heady overseas adventures […]

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President Barack Obama and Mitt Romney- Their views on Africa

July 15, 2012

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President Barack Obama and Mitt Romney- Their views on Africa  http://www.mittromney.com Overview African countries hold great promise despite the many years of conflict, poverty, and misrule that followed their emergence as independent states. With abundant natural resources, an increasingly educated and dynamic population striving for a better life, and governments embracing political and economic reforms, […]

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Nicaragua plans $30 billion interoceanic canal to compete with the Panama Canal

July 14, 2012

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Nicaragua plans a behemoth canal undertaking Marc Koch Deutsche Welle Nicaragua wants to connect the Atlantic and Pacific oceans with a $30 billion canal that it is hoped will lift the Central American country out of poverty. But it remains unclear who will foot the bill. Whenever Nicaraguan heads of government have the feeling they […]

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The 9th Biennial Leon H. Sullivan Summit coming to Equatorial Guinea in August 2012

July 13, 2012

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Website: http://www.sullivansummit.org _______________________________________________________ The 9th Biennial Leon H. Sullivan Summit is the premiere event on the continent of Africa bringing together government and corporate communities for the benefit of the African people. The Sullivan Summits are organized by The Leon H. Sullivan Foundation and held biennially in an African nation to highlight key issues and […]

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Angola helps out Portugal- former colony has become an unexpected source of jobs and investment

July 13, 2012

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Angola helps out Portugal The former colony has become an unexpected source of jobs and investment for Portugal in the global downturn by Augusta Conchiglia Le Monde Angola is Sub-Saharan Africa’s third largest economy, after South Africa and Nigeria. It is already one of Africa’s biggest oil producers, with an average output of 1.8m barrels […]

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Moscow expands its boundaries to 2,560 sq km (970 sq mi)

July 12, 2012

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Moscow expands its boundaries RT News At the first of July Moscow’s area grew from 1,070 square kilometers (410 square miles) to 2,560 sq km (970 sq mi). In terms of land footprint, Moscow now comes close to Paris. Moscow has just doubled in size. The big changes to the city limits will mean relocating […]

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Singapore tightens rules for foreign workers’ families

July 10, 2012

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Singapore tightens rules for foreign workers’ families By Andrea Tan Bloomberg Singapore is imposing stricter rules for families of foreigners working in the city-state and tightening its immigration policies after public disquiet over the influx of workers from overseas. From Sept. 1, foreign workers must earn at least S$4,000 ($3,150) a month compared with the […]

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Africa’s oil nations news roundup

July 9, 2012

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Angola and China’s Eximbank signed loan agreements valued at more than 500 million dollars AFP Angola and China’s Eximbank on Saturday signed 17 loan agreements valued at more than 500 million dollars to finance various post-war reconstruction projects, the finance minister said. Angolan Minister of Finance, Carlos Alberto Lopes, told AFP the loan deal would […]

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Libya election: Count under way after historic vote

July 8, 2012

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Libya election: Count under way after historic vote   BBC News   Vote-counting is under way in Libya, after the country held its first free national election for 60 years.   Partial results are expected later in the week, with some unofficial exit polls suggesting a liberal alliance was leading Islamist parties. Officials said turnout […]

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