Business

Washington, 26 October, 2006— The board of directors of the U.S. Millennium Challenge Corporation (MCC) October 26 announced approval of a five-year, $461 million agreement to fund poverty reduction projects in Mali. The major development […]

Washington, 25 October, 2006— Greater use of information technology is the quickest way to boost developing economies, such as those in Africa, technology expert Wayan Vota said in an online discussion October 25. “Technology is […]

Berlin, 18 October, 2006— Icecom, communications technology provider based in Finland, has launched a plug-and-play VoIP/CoIP enabler for web and desktop applications. Icecom LiveEngine™ is a desktop component that provides instant VoIP, Instant Messaging and […]

Johannesburg, 23 October, 2006— The gap between rich and poor in Angola, Africa’s second biggest oil exporter, is widening, according to a report sponsored by the United Nations Development Programme (UNDP). More than two-thirds of […]

Washington, 10 October, 2006— U.S. businesses, focusing on long-term economic growth, societal advancement and environmental protection, are advancing international development, a State Department official says. Business is “setting the right tone” in partnering with governments […]

Johannesburg, 28 September, 2006— More than half-a-million jobs were created in South Africa in the past year, a new survey said this week, but economists and labour warn it is not enough to make a […]

Brazzaville, 28 September, 2006— The Republic of Congo imports most of its power from the Inga Hydroelectric Dam in neighbouring Democratic Republic of Congo. Much of this power is supplied to urban areas and hardly […]

Johannesburg, 22 September, 2006— The rule of law is vital to getting Zimbabwe’s economy back on track, according to a senior International Monetary Fund (IMF) official. Changes in economic policy and exchange market reforms might […]