Rédaction Financial Afrik, Auteur à Financial Afrik

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25/04/2013

Vodacom Gains Most Since 2010 on Profit Jump: Johannesburg Mover

Vodacom, South Africa’s largest wireless carrier, rose the most in almost three years as the company said its full-year earnings per share increased as much as 25 percent. The shares advanced 5.7 percent, the most on an intraday basis since May 2010, and were 5.2 percent higher at 110.36 rand by 11:46 a.m. in Johannesburg. Earnings per…
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23/04/2013

Sonangol, Cohydro of Congo Reach Agreement on Offshore Oil Block

Sonangol EP, Angola’s state oil company, and Cohydro of neighboring Democratic Republic of Congo will develop a shared oil block off the coast of the two countries, Congolese Oil Minister Crispin Atama said. The nations each control half of the block, which is in a so-called zone of common interest that overlaps with part of Angola’s…
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23/04/2013

The International Monetary Fund urged Sudan to divert more than $3 billion in compensation it’s set to receive from South Sudan to back reforms that will provide the government with more reliable revenue streams. Sudan will get the funds over three-and-a-half years as part of an agreement last year to help the country cope with the loss of oil revenue it…
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22/04/2013

Health sector of Africa needs US 30 bn

Africa’s health sector needs at least US$30billion of investment in the next ten years to bridge the infrastructure gap, Dr. Khama Rogo, a senior health specialist of the World Bank, has said. “The deficit in terms of investment that is needed for Africa just to reach the level that we are supposed to be right…
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22/04/2013

Two Nigerians named Yale University World Fellows

Two young Nigerians, Tokunboh Ishmael, an impact investment pioneer; andLai Yahaya, an oil sector transparency advocate; have been named the 2013 Yale University World Fellows for their enterprise and industry, Yale UniversityPresident, Richard Levin, said on Thursday.
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22/04/2013

Award for Safmarine’s 21 year Containers-in-the-Community initiative

On Saturday, April 20, 2013, Safmarine received the South African Maritime Industry’s ‘Commitment to CSI’ Award for its pioneering Containers-in-the-Community programme which uses decommissioned shipping containers for community development purposes. The award – which was presented to Safmarine by event sponsor, the South African Maritime Safety Authority (SAMSA) – aimed to recognise the efforts of…
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22/04/2013

UBA Listed in FTSE ASEA Pan African Index

United Bank for Africa (UBA) Plc has been selected as one of the few securities from 19 African Stock Exchanges included in the FTSE African Securities Exchanges Association (ASEA) Pan African Index.
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