WASHINGTON, October 27, 2015 – Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank Group’s annual ease of doing business measurement. Doing Business 2016: Measuring Regulatory Quality and Efficiency finds that 85 developing economies implemented 169 business reforms during…

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As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-termm goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from…

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Dar es Salaam, 17th October 2015: Contestants in the presidential and parliamentary elections in Tanzania have been challenged to expound their visions and policies towards old age before the polling date. Speaking at a meeting in Dar es salaam on Monday and attended by HelpAge International, Older persons and the media, Smart Daniel who is the Deputy Country Director,…

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  A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from…

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   Analysis turns tables on “ticking time bomb” narrative to reveal world’s largest youth population is as important to African agriculture as seeds and soil LUSAKA, ZAMBIA (2nd October 2015)—A hard-hittingg report released today warns Africa will neither solve its chronic food shortages nor its urgent employment challenges without an immediate, aggressive effort to address the series of problems…

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The 1,900 km Sonangol Offshore Optical Cable (SOOC) will be developed by Alcatel-Lucent Submarine Networks   Paris, France, September 30, 2015 — Alcatel-Lucent Submarine Networks, the undersea cables subsidiary of Alcatel-Lucent (Euronext and NYSE: ALU), has been awarded the development of the Sonangol Offshore Optical Cable (SOOC), a critical infrastructure project which will dramatically reduce the cost-per-bit associated with…

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One of the largest SACCOS in the private sector plans to construct a 15-storey office complex right across Safaricom headquarters   Nairobi, Kenya 30th September, 2015 – Safaricom Sacco- one of fastest growing private sector SACCOs in Kenya –has issued new shares seeking Ksh1 Billion to fund strategic expansion.    It also plans to construct a proposed 15-storey office complex opposite…

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  Daphne Mashile Nkosi, Strive Masiyiwa, Helen Hai and Mohammed Dewji are among the top business leaders who were recognised at the 2015 African Business Awards held tonight at the Four Seasons Hotel in New York, on the sidelines of the UN General Assembly. The Awards, organised by African Business magazine, also commended leading businesses including Dangote Cement, Guaranty Trust…

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  Institute of customer Service ranks NBK service best from a customer satisfaction poll   Nairobi Kenya, Tuesday, 29th September, 2015 – National Bank of Kenya ( NSE: NBK) has announced receiving this year’s “Best Bank in Customer Service” award from the Institute of Customer Service (ICS) – Kenya. This win represents the best performance ever recorded by National Bank of Kenya in this…

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Head of Multi-billion Climate Investment Funds (CIF) says SDGs and Climate Week send a loud and clear message With the Sustainable Development Goals now adopted and Climate Week drawing to a close in New York, Mafalda Duarte, Program Manager of the Climate Investment Funds says the activity and impetus around climate and development sends “a loud and clear message”…

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