• Egypt's GDP growth projected to hit 5.3 pct by 2019, World Bank says

    Egypt's gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most populous Arab state is recovering after years of turmoil, the World Bank has said.

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  • Kenya's average mobile internet speed is faster than the US'

    Kenya has faster mobile internet speeds than US, according to a report from content delivery network Akamai.

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  • Egypt signs $575 million agreement with GE for 100 multi-use locomotives

    Egypt signed a $575 million agreement with General Electric Co on Saturday for GE to provide 100 new multi-use locomotives, 15 years of technical support and spare parts, and maintenance and upgrades of 81 trains, the government said.

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  • COMESA RIA and THIQAH cooperate to promote investment

    THE Islamic Development Bank Group Business Forum (THIQAH) and COMESA Regional Investment Agency (RIA) entered into a joint strategic collaboration to facilitate cooperation between the two parties. The CEO of Islamic Corporation for the Development of the Private Sector (ICD) Khaled Al Aboodi and Ms. Heba Salama, director of COMESA Regional Investment Agency, signed the Memorandum of Understanding (MOU) on the sidelines of the 42ndAnnual Meeting of the IDB Group held at Hilton Hotel, Jeddah, Saudi Arabia.

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  • Google, partners to invest R1,3bn in Africa

    Google, together with South Africa's Convergence Partners and other investors, will invest as much as US$100m in metro fibre networks in key parts of Africa.

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  • MainOne seeks more investments to drive data explosion in Africa

    Experts at the International Telecoms Week conference in Chicago have highlighted the need to accelerate investment in Africa to facilitate the continent’s broadband data explosion.

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  • ATI Boosts Trade, Investment in Zimbabwe

    The Africa Trade Insurance says it facilitated nearly half a billion dollars worth of trade and investment for two of its newest members, Zimbabwe, which joined last year and Ethiopia, in 2016. The subscription based membership said it facilitated financing of trade and investments in Kenya valued at close to $800 million, representing around 1,2 percent of Kenya's gross domestic product.

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  • Africa and India – sharing the development journey

    Africa, like India, is a continent of rich and compelling diversity.  Both continents share a similar landscape, a shared colonial history, and similar economic and demographic challenges. This helps both India and Africa work especially well with each other.

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  • Incentivising the private healthcare sector in Africa

    Africa is experiencing a period of strong economic growth, which in turn is accelerating the development and diversification of the health and care sector across the continent.

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  • China, Africa trade, investment 'off to a flying start' in 2017

    China's trade with African countries rose nearly one-fifth in the first quarter from a year earlier, while its direct investment in the continent soared 64 percent, the Chinese commerce ministry said on Thursday. 

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