Friday, July 03, 2015
Botswana 8,664.65 -11.96 -0.14% 12July
Cote dIvoire 278.59 +0.33 +0.12% 02July
Egypt 8,314.72 -56.81 -0.68% 02July
Ghana 2,342.79 -9.44 -0.40% 02July
Kenya 4,839.60 -18.82 -0.39% 02July
Malawi 16,011.92 +0.27 +0.00% 02July
Mauritius 6,501.24 -22.55 -0.35% 02July
Morocco 10,460.62 -1.42 -0.01% 27Feb
Nigeria 32,739.11 -124.32 -0.38% 02July
Rwanda 143.39 +0.20 +0.14% 02Oct
Tanzania 2,602.19 -30.74 -1.17% 28Oct
Tunisia 4,624.39 -39.32 -0.84% 07Mar
Uganda 2,000.00 +16.00 +0.81% 01July
Zambia 5,845.73 +12.48 +0.21% 02July
Zimbabwe 146.23 -0.67 -0.46% 02July

Top African Business and Finance News

Signing of MoU to clarify controversial South Africa - Mauritius treaty

African Press Organization - APO - 03 July, 2015

PORT-LOUIS, Mauritius, July 3, 2015/African Press Organization (APO)/ -- International investors including South African businesses already use Mauritius as their base for their growth on the continent, but the proposed mutual agreement procedure will have to consider the OECD"s BEPS (Base Erosion Profit Shifting) initiative concerning taxes.

 

Paris Court of Appeal affirms invalid seizure of ECAir's Boeing 757

African Press Organization - APO - 01 July, 2015

BRAZZAVILLE, Republic of the Congo, July 1, 2015/African Press Organization (APO)/ -- In a ruling dated 25 June 2015, the Paris Court of Appeal upheld the judgment of the Bobigny Court of First Instance, issued on 22 April, which established that the seizure on 11 April of the B757-200 belonging to ECAir (http://www.flyecair.com) was illegal.

 

UAE Based Oil Firm Consolidates East African Presence with Acquisition of Essar Petroleum East Africa Ltd

African Press Organization - APO - 01 July, 2015

NAIROBI, Kenya, July 1, 2015/African Press Organization (APO)/ -- Gulf Petrochem Group (http://www.gulfpetrochem.com) today announces the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd. The deal will enhance the group's integrated services and products for the downstream supply chain in the oil and gas sector in East Africa.

 

Employers responsible for developing talent in Africa

African Press Organization - APO - 30 June, 2015

CAPE-TOWN, South-Africa, June 30, 2015/African Press Organization (APO)/ -- While many global companies are expanding, or seeking to expand in Africa, the availability and retention of talent is proving to be one of the main challenges facing growth and expansion on the continent. According to Lebo Tseladimitlwa, VP of Human Resources at DHL Express Sub Saharan Africa (http://www.dpdhl.com), talent is perceived to be one of the major challenges facing business leaders in the region, with 83%(1) of African CEOs admitting that they are especially worried about availability of key skills on the continent.

 

New appointments and mergers at Ministry of Mines, Industry and Energy and GEPetrol will strengthen Equatorial Guinea oil sector

African Press Organization - APO - 29 June, 2015

MALABO, Equatorial Guinea, June 29, 2015/African Press Organization (APO)/ --

 

Facebook opens first African office in Johannesburg

African Press Organization - APO - 29 June, 2015

JOHANNESBURG, South-Africa, June 29, 2015/African Press Organization (APO)/ -- 29 June 2015 " Facebook (NASDAQ:FB) (http://www.facebook.com) has opened its first office in Africa to further the company's commitment to help businesses connect with people and grow locally and regionally. Based in Melrose Arch, Johannesburg, Facebook's newest business office will be headed by Ogilvy veteran, Nunu Ntshingila, the company's new Head of Africa.

 

Brazil 53,738.00 -44.00 -0.08% 27Sep
Jamaica 84,371.49 +378.51 +0.45% 30Sep
Trinidad and Tobago 1,898.67 -0.87 -0.05% 30Sep
United States of America 9,107.04 +36.60 +0.40% 28Mar

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Bangladesh 14,090.81 -6.36 -0.05% 02July
Hong Kong 22,299.63 -165.19 -0.74% 28Mar
India 7,767.85 +83.65 +1.09% 22July
Indonesia 4,944.78 +40.72 +0.83% 02July
Malaysia 12,378.60 -18.97 -0.15% 07Mar
Mauritius 6,501.24 -22.55 -0.35% 02July
Nepal 938.96 -6.82 -0.72% 02July
Pakistan 35,186.56 +342.96 +0.98% 02July
Singapore 3,136.26 +7.09 +0.23% 07Mar
South Korea 4,218.26 -10.49 -0.25% 07Mar
Sri Lanka 6,982.80 -38.00 -0.54% 02July
Taiwan 7,296.28 +126.67 +1.77% 29June

Top Asia Pacific Business and Finance News

African Union Commission, Thai Ministry and National Geographic garner awards from FAO / Prizes for work in support of sustainable agriculture, food security announced during Conference

African Press Organization - APO - 10 June, 2015

ROME, Italy, June 10, 2015/African Press Organization (APO)/ -- The African Union Commission (AUC), Thailand's Ministry of Agriculture and Cooperatives, National Geographic Magazine and the non-profit World Rural Forum will receive awards for their efforts to reduce hunger and raise awareness of the challenges facing the world's food systems, FAO announced today.

 

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Cyprus 84.64 -0.22 -0.26% 31July
France 3,992.69 +6.08 +0.15% 31July
Greece 884.60 +17.70 +2.04% 31July
Israel 1,094.06 +0.90 +0.08% 31July
Italy 17,503.70 -56.17 -0.32% 31July
Norway 330.47 +0.38 +0.12% 27Feb
Spain 8,433.40 -23.10 -0.27% 31July

Top Europe Business and Finance News

CDC-backed businesses in Africa and Asia create nearly 1.3 million new jobs

African Press Organization - APO - 26 June, 2015

LONDON, United-Kingdom, June 26, 2015/African Press Organization (APO)/ -- CDC Group plc (http://www.cdcgroup.com), the UK's government-owned development finance institution, has today announced its 2014 annual results. The organisation, which invests to support the growth of businesses and create jobs in developing countries in Africa and South Asia, made 19 new investment commitments totalling £296.5m and reported a total return after tax of £420.2m (2013: £117.3m). New analysis also showed that CDC-backed businesses contributed to the creation of nearly 1.3 million new direct and indirect jobs in 2014.

 

Statement by Kofi Annan, Chair of the Africa Progress Panel and Kofi Annan Foundation, in support of the encyclical on climate change by His Holiness Pope Francis

African Press Organization - APO - 18 June, 2015

GENEVA, Switzerland, June 18, 2015/African Press Organization (APO)/ -- Statement by Kofi Annan, Chair of the Africa Progress Panel and Kofi Annan Foundation, in support of the encyclical on climate change by His Holiness Pope Francis:

 

President Tusk appoints Pierre Vimont as personal envoy for the Valletta Conference

African Press Organization - APO - 16 June, 2015

BRUSSELS, Kingdom of Belgium, June 16, 2015/African Press Organization (APO)/ -- In cooperation with President Juncker and High Representative Mogherini, I have decided to appoint Ambassador Pierre Vimont as my personal envoy to lead preparations for the Valetta Conference between EU and African countries, called for by the special European Council of last April. His role will in particular be to ensuring coherence in the EU's preparatory process in order to tackle the causes of illegal migration and combat the smuggling and trafficking of human beings.

 

Orange Business Services and Gemalto join forces to provide customers with highly secure access to cloud-based applications

African Press Organization - APO - 16 June, 2015

AMSTERDAM, Netherland, June 16, 2015/African Press Organization (APO)/ -- Gemalto (Euronext NL0000400653 GTO) (http://www.gemalto.com), the world leader in digital security and Orange Business Services (http://www.orange-business.com), a global communications solutions operator and integrator, today announced the integration of Gemalto's market-leading SafeNet Authentication Service with Business VPN Galerie, the Orange Business Services secured cloud hub. Orange Business Services customers benefit from Gemalto's solution through Flexible Identity, which uses the SafeNet Authentication Service.

 

European telecoms could realize "39 billion by re-imagining the network

African Press Organization - APO - 08 June, 2015

PARIS, France, June 8, 2015/African Press Organization (APO)/ -- Challenged by anticipated growth in fixed, mobile and IoT traffic, European operators are devising new technology designs and standards, drawing inspiration from highly optimized technology and business design of their Cloud peers. A new report from global management consultancy Arthur D. Little (ADL) (http://www.adlittle.com) and Bell Labs Consulting, the industrial research and advisory arm of Alcatel-Lucent, Reshaping the future with NFV and SDN, predicts that the shift to becoming a Cloud Carrier has the potential to significantly re-define how the industry competes in the cloud era.

 

Alcatel-Lucent Reports Q1 2015 Results

African Press Organization - APO - 08 June, 2015

PARIS, France, June 8, 2015/African Press Organization (APO)/ --

 

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Bahrain 1,194.90 +2.67 +0.22% 31July
Egypt 8,314.72 -56.81 -0.68% 02July
Iraq 116.44 +0.60 +0.52% 31July
Israel 1,094.06 +0.90 +0.08% 31July
Jordan 1,956.52 -7.73 -0.39% 31July
Kuwait 8,070.17 +5.95 +0.07% 31July
Lebanon 1,154.89 +1.43 +0.12% 31July
Morocco 10,460.62 -1.42 -0.01% 27Feb
Oman 6,643.34 -29.24 -0.44% 31July
Palestine 473.16 -2.12 -0.45% 31July
Qatar 9,704.98 +37.62 +0.39% 31July
Saudi Arabia 7,915.11 +51.28 +0.65% 31July
Tunisia 4,624.39 -39.32 -0.84% 07Mar
United Arab Emirates 2,588.53 +23.99 +0.94% 31July

Top Middle East Business and Finance News

MSD's Cardiovascular Safety Trial of JANUVIA (sitagliptin), Met Primary Endpoint in Patients with Type 2 Diabetes

African Press Organization - APO - 30 June, 2015

DUBAI, UAE, June 30, 2015/African Press Organization (APO)/ -- MSD, known as Merck (NYSE: MRK) (http://www.merck.com) in the United States and Canada, recently announced the primary results of the Trial Evaluating Cardiovascular Outcomes with Sitagliptin (TECOS), a placebo-controlled study of the cardiovascular (CV) safety of MSD's DPP-4 inhibitor, JANUVIA® (sitagliptin).

 

Aurecon helping to shape the future of roads and transport in Dubai

African Press Organization - APO - 30 June, 2015

DUBAI, UAE, June 30, 2015/African Press Organization (APO)/ -- Many roads in Dubai are heavily congested, leading to long delays for commuters. In November 2005, the Roads and Transport Authority (RTA) was formed in order to execute strategic plans for Dubai's traffic projects, including the construction of the Dubai Metro and other integrated road systems.

 

The Islamic Corporation for the Development of the Private Sector Secured US$300 million Islamic Murabaha financing

African Press Organization - APO - 22 June, 2015

JEDDAH, Kingdom of Saudi Arabia; June 22, 2015/African Press Organization (APO)/ -- The Islamic Corporation for the Development of the Private Sector ("ICD") (http://www.icd-idb.com), the private sector arm of the Islamic Development Bank Group ("IDB") secured a 13-month US$300 million Islamic Murabaha financing facility (the "Facility") from Dubai Islamic Bank PJSC, First Gulf Bank PJSC, Mizuho Bank (Malaysia) Berhad and Mizuho Bank Nederland N.V. in early June 2015.

 

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