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Emerging Markets Business News
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Monday, 30 November 2009 08:14 |
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Tunis, Tunisia - The African Development Bank (AfDB) Group has approved a second budget support loan of US$ 420 million to finance the Competitiveness and Public Sector Efficiency (CPSE) Program in Mauritius. The program will sustain economic growth and employment against the backdrop of the ongoing global recession, while not losing momentum on long-term reforms needed to make Mauritius more competitive.
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Emerging Markets Business News
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Monday, 30 November 2009 08:07 |
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Lagos, Nigeria - The President of the Nigerian-Czech Business Council, Mr Obiora Nzekwu, says that the value of trade between Nigeria and the Czech Republic in the last one year was about $800 million.
Nzekwu told journalists on Sunday in Lagos that the volume of trade would have been higher but for it limited scope of business between the two countries.
He said that the council would hold a workshop in December 2009 on how to raise the trade volume between Nigeria and the Czech Republic.
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Emerging Markets Business News
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Monday, 30 November 2009 08:00 |
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Cairo, Egypt - Rashid Mohamed Rashid, the Egyptian Minister of Trade and Industry has confirmed that Dubai's debt crisis will not affect United Arab Emirates' investments in Egypt, but at the same time he pointed out that this crisis will have an impact on all countries of the region in the future with regard to new investments.
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Emerging Markets Business News
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Monday, 30 November 2009 07:53 |
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Pretoria, South Africa - South Africa and Zimbabwe have signed an agreement which will create an enabling and protective environment for investments made by nationals of both countries in each other's territories.
The Agreement on the Promotion and Reciprocal Protection of Investments was signed in Harare on Friday, following a Trade and Investment Seminar between business people from the two countries.
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Emerging Markets Business News
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Saturday, 28 November 2009 10:06 |
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Cape Town, South Africa - The Congress of South Africa's Trade Unions (Cosatu) has slammed the South African government for its slow response in rolling out plans to ease the effects of the recession, saying the economy needed to be overhauled to create employment for the millions of the jobless in the country.
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Emerging Markets News
