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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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Global rate of blindness declining: report

Blindness across the world seems to be declining, dropping considerably in 2014, as organisations such as Light for the World step in to help people with sight difficulties in developing countries. Light for the World said on Friday that it carried out 53 100 sight-saving cataract surgeries, thus reaching a total of 1.2 million blind […]

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Radio journalist, wife shot dead in Somalia

A 35-year-old radio journalist and his wife were shot dead at their home in troubled Somalia around 1am last week by unidentified gunmen, the Committee to Protect Journalists (CPJ) has reported. The crime took place in Baidoa, a south-central city, where Daud Ali Omar, the reporter for Radio Baidoa, lived with his wife and three […]

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World Bank loans US$500m to Nigeria to improve maternal, child health

The World Bank has recently approved a credit of US$500 million through its International Development Association (IDA) to Nigeria to improve the country’s maternal, child, and nutrition health services for women and children. Despite its high-publicised status of continent’s most populous nation and largest economy, West Africa’s Nigeria is still lagging behind in terms of […]

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Sudan, South Sudan and Djibouti join list of ‘red’ countries

Sudan, South Sudan and Djibouti have recently joined Niger, Nigeria, Mali, Somalia and Somaliland in the list of Africa’s red countries. Countries across the globe are classified according to their security risk profiles and are either regarded as red, white or green. This classification determines the level of security measures applicable to the countries, and […]

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South Africa’s economic troubles continue to affect SMEs confidence levels

South Africa’s economy is in deep trouble. The signs of a falling giant are all over for everyone to see that nothing lasts forever. These challenges have severely affected the confidence levels of local small and medium enterprise (SME) owners. A fourth quarter 2014 Business Partners Limited SME Index (BPLSI), which measures attitudes and confidence […]

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