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  • Standard Bank, Global Fund in joint effort to fight Aids, TB, malaria

    South Africa’s Standard Bank and Global Fund have recently signed an extended partnership to provide better financial tools and skills to organisations implementing programs to fight AIDS, tuberculosis and malaria in Africa. The announcement was made this week in Johannesburg, the economic capital of South Africa. This is an extension of the pro-bono agreement signed […]

Akon launches solar-powered tablets for Africa’s education

Senegalese-US music star Akon has wonderful plans for the African continent’s electricity and education sectors. Akon’s company Akon Lighting Africa and its partners have unveiled their long-term objective to use solar activities to drive education by introducing connected tablet devices. The announcement was made in Benin, the West African country, where Akon, Thione Niang and […]

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Burundi radio journalist beaten, detained on duty by security forces

A Burundi journalist working for Radio France Internationale (RFI) was beaten and detained by security on Sunday while he was covering the assassination of a top general in the capital Bujumbura, the Committee to Protect Journalists (CPJ) reports this week. Esdras Ndikumana was detained while he was photographing the scene at which General Adolphe Nshimiramana […]

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South African SMEs hesitant to hire more staff due to growth uncertainty

South African small and medium enterprise (SME) owners have not employed new staff in the last 12 months, pointing to possible muted growth expectations for the country’s SME sector, a Business Partners Limited SME Index (BPLSI) report released this week said. The 2015 second quarter index, compiled by Business Partners Limited (BPL), reports a slight decline in […]

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Ecobank declares US$5.82 billion in profits for 2014

Ecobank, the PanAfrican Bank, has performed strongly in 2014, announcing a profit of US$5.82-billion, US$0.87-million of which was transferred to special reserves and US$4.85 million to retained earnings. The company made the announcement this week, a news welcomed by jubilant shareholders, who saluted Ecobank for finishing the year 2014 with US$24.2 billion in total assets […]

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World Bank MD visits DRC, pledges support to develop agro-industrial parks

World Bank Group Managing Director Dr Sri Mulyani Indrawati, who on Tuesday concluded her visit to the Democratic Republic of Congo (DRC), said her organisation and its agency, the International Finance Corporation, were ready to provide expertise to develop important sectors, including the country’s agro-industrial parks. Indrawati, who met with President Joseph Kabila Kabange, PM […]

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