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Medexpo Returns to Kenya for its 21st Edition

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The Healthcare market in East Africa continues to go from strength to strength. This year Expogroup Worlwide returns to East Africa with 3 new editions of Medexpo in three of Africa’s fastest growing and most-prosperous economies;
MEDEXPO KENYA: 04th - 06th Sept., 2018 - Kenyatta International Conference Centre, Nairobi, Kenya
MEDEXPO TANZANIA: 25th - 27th Oct., 2018 - Mlimani City Conference Centre, Dar es Salaam, Tanzania
MEDEXPO ETHIOPIA: 15th - 17th Nov., 2018 - Millenium Hall, Addis Ababa, Ethiopia

Readmore..... Friday, 09 March 2018 06:19

Indian companies to invest big in Africa

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India export tradeNEW DELHI:  Indian companies are being called to invest in African power, infrastructure and farming sectors as a strong engagement with the country in terms of doing business in Africa is being promoted by the AfDB.

African Development Bank (AfDB) wants to accelerate engagement with the Indian government in terms of expanding business prospects in Africa, AfDB President Akinwumi Adesina said during his first official visit to India.

He told reporters that "Rapid urbanisation and rapid growth of middle class will lead consumption demand, which is going to make Africa the place to be. The most important area for investment is power. Electricity, infrastructure and agriculture are other key areas,"  Almost 645 million people in Africa need to have access to electricity, suggesting huge

Readmore..... Saturday, 17 February 2018 08:07

AfDB focus: Light and Power, Feed, Industrialize, Integrate and Quality of Life

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Dr. Akinwumi Adesina, President of The African Development Bank, (AfDB) yesterday said that it would increase its investments in Nigeria to $8 billion by next year.

While speaking at the opening of the bank’s Country Office building in Abuja he said that the organization continues to strongly support the African country which incidentally is the largest shareholder of the bank. As per official sources, the bank’s current investments in Nigeria has reached $6 billion, which is spread over 73 projects “From our perspective, our investments can only increase as we expect the levels to reach $8 billion by 2019.” He added.

Readmore..... Friday, 19 January 2018 04:47

$500 Million Agreement Signed for Export Support Scheme by Afreximbank

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The African Export-Import Bank (Afreximbank) has reached an agreement with the Export Development Bank of Egypt (EBE) to supply the Egyptian bank with a $500 million scheme to support exports and investments by Egyptian businesses to other African countries.

The scheme is named the “Export Credit Support Scheme (ECSS)”. The scheme includes a selection of programs, products and services rendered by Afreximbank in partnership with the EBE to cushion them from the risk of non-payment of loans or advances in realizing short or medium-term export contracts.

Readmore..... Wednesday, 13 December 2017 04:35

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