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Newsletter
18th July 2018
 Nigeria’s economic outlook for 2018 remains challenging, says IMF Nigeria's economic outlook for 2018 remains challenging, says IMF

Nigeria's economic outlook for 2018 remains challenging, as private sector lending remains low and foreign exchange inflows are mostly short-term, stated the International Monetary Fund (IMF) staff team led by Amine Mati, senior resident representative and mission chief for Nigeria, after concluding the visit from 27 June- 9 July 2018

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 IVECO: Stralis X-Way the new truck response SPONSORED IVECO: Stralis X-Way the new truck response

On 4 July 2018 IVECO launched the new Stralis X-Way range in Tunisia to mark a new milestone in the commitment of the IVECO brand on the territory and bring a new typology of Truck on the market

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 Afreximbank and WTC Miami to expand US-Africa trade relations Afreximbank and WTC Miami to expand US-Africa trade relations

The African Export-Import Bank (Afreximbank) and the World Trade Centre Miami Inc (WTCM) have signed a three-year MoU agreement to mutually share knowledge, experience and capabilities to expand US-Africa business relations

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 ACWA Power to develop 100MW solar project in South Africa ACWA Power to develop 100MW solar project in South Africa

The Central Energy Fund of South Africa and Saudi-based ACWA Power have signed a cooperation agreement to develop a 100MW Redstone concentrated solar thermal power (CSP) plant in South Africa's Northern Cape Province

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 Propak West Africa is all set to open in September Propak West Africa is all set to open in September

Propak West Africa 2018 - the region's leading packaging and print trade show - has sold out with more than two months to go

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 Barclays Africa launches new branding as Absa Group Barclays Africa launches new branding as Absa Group

Barclays Africa Group Limited started trading under its new name Absa Group Limited and new share code (ABG) on the Johannesburg Stock Exchange

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 GE technology set to boost Botswana’s power sector GE technology set to boost Botswana's power sector

GE Power has signed its first contract with Botswana Power Corporation (BPC) to develop a SCADA/energy management system at the principal grid control centres in BPC headquarters in Gaborone and the backup control centre in Francistown

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 South Africa keen on balancing trade relation with Ghana South Africa keen on balancing trade relation with Ghana

South Africa is keen on balancing two-way trade with Ghana and to unlock new investment and trade opportunities between the respective countries, said Lerato Mataboge, deputy director-general of Trade and Investment South Africa and Trade Invest Africa (TIA) at the Department of Trade and Industry (the dti)

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 SmartStream to provide reconciliations management solution to Libya’s Jumhouria Bank SmartStream to provide reconciliations management solution to Libya's Jumhouria Bank

Jumhouria Bank, the leading bank and branch network in Libya, has signed a deal with SmartStream Technologies for its Corona solution to deliver intra-day reconciliations management across cash, cards, branch, central bank and payment transactions

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 MAN and BIA announce official launch of vehicle and after-sales service in Côte d'Ivoire MAN and BIA announce official launch of vehicle and after-sales service in Côte d'Ivoire

MAN and BIA have officially launched their partnership in Côte d'Ivoire, a move that will see MAN vehicles to be distributed exclusively by BIA Côte d'Ivoire

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 Urgent US$621bn needed for Africa to meet UN SDGs Urgent US$621bn needed for Africa to meet UN SDGs

The Global Infrastructure Hub, a G20 initiative, has revealed an urgent need for infrastructure investment in 10 Compact with Africa countries and highlights that reforms are required to encourage greater investment

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 5G plays a crucial role in the future of AVs, says Gartner 5G plays a crucial role in the future of AVs, says Gartner

With 5G network capability, communications service providers (CSPs) seek to secure future market opportunities with autonomous vehicle (AV) manufacturers in enhancing driver safety and data management, according to Gartner, Inc, a global research and advisory firm

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Air cargo market set to take off further Air cargo market set to take off further

Throughout Africa, air cargo facilities have received significant investment over the last few years, strengthening the air cargo market for the whole continent. Samantha Payne finds out more. The full article has been published in the latest issue of African Review

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Implementation of GDPR and it’s impact on local businesses Implementation of GDPR and it's impact on local businesses

As of 25 May, anyone trading with EU businesses, marketing to EU citizens, or holding the personal data of even a single European national, needs to be fully compliant. This means making major changes to how one captures, processes and stores consumer data. The full article has been published in the latest issue of Communications Africa

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 SIDPEC selects Honeywell tech to boost propylene production in Egypt SIDPEC selects Honeywell tech to boost propylene production in Egypt

Sidi Kerir Petrochemicals Company (SIDPEC) has chosen Honeywell UOP's C3 Oleflex™ technology to produce 500,000 metric tonnes per year of on-purpose propylene at SIDPEC's refinery in Amerya, near Alexandria, Egypt

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