Aug 192014
 
Standard Bank report confirms strong growth in Africa's rising middle class – and even faster future growth

JOHANNESBURG, South-Africa, August 19, 2014/African Press Organization (APO)/ — Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank (http://www.standardbank.com).   Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/standardbank.png   Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1310 (Standard Bank senior political economist Simon Freemantle)   The report, entitled ‘Understanding Africa’s middle class,’ found there are [...]

Jun 132014
 
Canada continues to support sustainable economic growth

  Canada continues to support sustainable economic growth / Canada supports projects by Développement international Desjardins to promote entrepreneurship in Africa and Latin America. OTTAWA, Canada, June 13, 2014/African Press Organization (APO)/ — Today, the Minister of International Development and La Francophonie, the Honourable Christian Paradis, accompanied by the Honourable Steven Blaney, Minister of Public [...]

May 292014
 
Competition Increases for African Countries Seeking FDI into their Power Sectors

ISTANBUL, Turkey, May 28, 2014/African Press Organization (APO)/ — As competition increases among government stakeholders vying for investment into power sector projects across Africa, the most competitive countries will gather in Istanbul to promote stability and bankability. The need for countries to compete was highlighted at the World Economic Forum in Nigeria earlier this month, [...]

May 282014
 
Minister Fast to Lead Third Trade Mission to Africa

  Minister Fast to Lead Third Trade Mission to Africa / Announces coming into force of Canada-Benin FIPA OTTAWA, Canada, May 28, 2014/African Press Organization (APO)/ — The Honourable Ed Fast, Minister of International Trade, today participated in Africa Day celebrations in Ottawa and invited Canadian business representatives, especially from small and medium-sized enterprises (SMEs) [...]

May 252014
 
Benin : IMF Executive Board Completes Sixth Review

IMF Executive Board Completes Sixth Review Under the Extended Credit Facility Arrangement for Benin and Approves US$16.4 Million Disbursement COTONOU, Benin, May 25, 2014/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Benin’s economic performance under a program supported by the Extended Credit Facility [...]

May 152014
 
Central African Republic : IMF Executive Board Approves US$12.9 Million Disbursement

IMF Executive Board Approves US$12.9 Million Disbursement Under the Rapid Credit Facility for the Central African Republic BANGUI, Central African Republic, May 15, 2014/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) approved on May 14, 2014 financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to [...]

May 152014
 
Tanzania : IMF Executive Board Concludes Consultation

  IMF Executive Board Concludes 2014 Article IV Consultation with Tanzania DAR ES SALAAM, Tanzania, May 15, 2014/African Press Organization (APO)/ — On April 25, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Tanzania and completed the third and final review of the country’s performance under an [...]

May 152014
 
DHL : Easing movement of goods and services within Africa is critical

CAPE-TOWN, South-Africa, May 15, 2014/African Press Organization (APO)/ — A key topic of discussion among global leaders at the 24th World Economic Forum on Africa was the need for free movement of talent and goods across Africa, in order to significantly strengthen businesses and boost intra-Africa trade on the continent.   This sentiment is echoed [...]

May 152014
 
Foreign direct investment in Sub Saharan Africa on the rise - Report

JOHANNESBURG, South-Africa, May 15, 2014/African Press Organization (APO)/ —    Foreign Direct Investment in Sub-Saharan Africa has increased by 4.7% in 2013 while it has declined in North Africa    Intra-African investment on the rise    Investors shift from extractive industries to consumer-related sectors    Dramatic improvement in investor perception about [...]

May 132014
 
Uganda : IMF Concludes Mission

IMF Concludes Mission to Uganda on the Second Review of the Policy Support Instrument KAMPALA, Uganda, May 13, 2014/African Press Organization (APO)/ — A team from the International Monetary Fund (IMF) visited Kampala during the past two weeks to conduct the second review of Uganda’s economic program supported by the Policy Support Instrument (PSI). The [...]

May 132014
 
Ghana : IMF Executive Board Concludes 2014 Article IV Consultation

ACCRA, Ghana, May 13, 2014/African Press Organization (APO)/ — On May 7, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Ghana. Ghana has experienced strong and broadly inclusive growth over the past two decades, and its medium-term prospects are supported by rising energy production. The country has [...]

May 122014
 
Swaziland : Statement at the Conclusion of the IMF's 2014 Article IV Consultation Mission

  Statement at the Conclusion of the IMF’s 2014 Article IV Consultation Mission to Swaziland MBABANE, Swaziland, May 12, 2014/African Press Organization (APO)/ — A mission of the International Monetary Fund (IMF) led by Mr. Jiro Honda visited the Kingdom of Swaziland during April 28‒May 12, 2014 to conduct the 2014 Article IV consultation with [...]