Tag Archive for: pacci

Africa News

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
Business Insider Africa

Nigeria Restricts Cash Withdrawal to $44 a Week Per Individual

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Nigeria has officially restricted massive cash withdrawals from the bank beginning Monday the 9th January in an effort to cool off inflation. Nigerians will only be allowed to withdraw 44 dollars per week per individual and $11,000 for…

The Pan African Chamber of Commerce and Industry Signed an MoU to Work in Collaboration With Asia African Chamber of Commerce and Industry

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The Pan African Chamber of Commerce and Industry signed Memorandum of Understanding to work in collaboration with Asia African Chamber of Commerce and Industry - Kenya. PACCI is an independent, non-profit and non-partisan organization…
Telecom paper

Safaricom to Lose Sh2bn in Call Tariff Cut

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Safaricom projects to lose Sh2 billion in the financial year ending March 2023 after the Communications Authority of Kenya (CA) cut mobile termination rates (MTR) by 41.4 percent. MTRs are the charges levied by a mobile service provider…
All Africa

Climate Change Action Could Set Off Copper Mining Boom in Zambia

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At last year's U.S. Africa Leaders’ Summit in Washington, the U.S. signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric vehicle battery supply chain. At the summit, Zambian…
Africa News

Cameroonian fishery products banned in EU – Commission

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The European Commission on Thursday (Jan. 05) banned imports of seafood caught in Cameroon’s waters, or caught by ships flagged there, and it labeled the central African country as "non-cooperating" in the fight against illegal, unreported…
African Business

Africa in 2023: Can the Continent Outrun Global Headwinds?

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Some of Africa’s major economies will suffer from the ongoing impacts of the Russia-Ukraine war and food price inflation, but experts say that Senegal and Kenya offer cause for optimism. With Africa facing the impacts of the Russia-Ukraine…
The Guardian

AfreximBank Earmarks $100 Million to Tackle Nigeria’s Export Challenges

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The African Export and Import Bank (Afreximbank), yesterday, announced plans to invest up to $100 million for the establishment of quality assurance centres in Nigeria. Already, the bank has deployed $11 million for the completion of the…
CNBC Africa

German Companies Plan to Invest More In Africa in 2023

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German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent, a survey seen by Reuters on Tuesday showed. The…

Madagascar: Slow Revival of Tourism Post Covid-19

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With the reopening of borders in April 2022, after two years of isolation from the rest of the world, tourism in Madagascar is slowly but surely regaining momentum. Despite an undeniable attraction for Madagascar as a destination, renowned…
Africa News

Suez Canal Chief Seeks to Dispel Fears Over Draft Egypt Law

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The head of the Suez Canal Authority (SCA) Osama Rabie assured Thursday that the strategic maritime passage was "not for sale" following concerns raised in Egypt by a draft law under discussion in parliament. The Suez Canal, which sees…