Daily Archives: June 24, 2012

Could Africa be world’s next manufacturing hub?

cnn.com Yes, if Africa can implement appropriate supportive policies to leverage its opportunities soon. This is the finding from a recent book by a team of World Bank economists. China dominates the global export market in light manufacturing, and its … read more »

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What’s driving Africa’s growth-The rate of return on foreign investment is higher in Africa than in any other developing region. Global executives and investors must pay heed.

Africa’s economic pulse has quickened, infusing the continent with a new commercial vibrancy. Real GDP rose by 4.9 percent a year from 2000 through 2008, more than twice its pace in the 1980s and ’90s. Telecommunications, banking, and retailing are flourishing. … read more »

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Nigerian bankers say RMB trading promising in Nigeria

LAGOS, March 13 (Xinhua) — The Chinese currency Renminbi (RMB) is certain to play a vital role in the trade transactions between Nigeria and China as Nigeria’s central bank opened trading in RMB since last January and has transformed 500 … read more »

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Raj Rajaratnam, David Loeb’s Intimate Ties Revealed in ‘Big Daddie’ Emails

Guys, if you want to pass some insider “tiddie biddies” about major companies along to your friends you probably shouldn’t do it in writing. David Loeb, a current Goldman Sachs managing director, exchanged emails with Raj Rajaratnam that included what he … read more »

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US DESIGNATES BOKO HARAM LEADERS TERRORIST

United States has said it would continue to look at the question of a broader designation of the Jama’atu Ahlis Sunna Lidda’awati Wal-Jihad, (also known as Boko Haram), even after three of its leaders were designated global terrorists this week. … read more »

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