Central bank rewarded for promoting financial inclusion

The National Bank of Rwanda (BNR) has been awarded the Alliance for Financial Inclusion (AFI) Policy Award for 2014 in recognition of its “innovative and impactful financial inclusion policies”. John Rwangombwa, the central bank governor tweeted after receiving the award that the accolade was in “recognition of Rwanda’s visionary leadership”, to which he attributed the success of the Umurenge Savings and Credit Cooperatives (Saccos) programme”. The...

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Mozambique Participates in the 4th Economic Global Summit

A delegation from Mozambique participated in the 4th Economic Global Summit held at World Trade Centre in Mumbai, on September 11, 12 and 13. The three member Mozambican delegation comprising - Mr. Claire Mateus Zimba, General Manager of the Institute for Promotion of Micro, Small and Medium Enterprises- IPEME, Ms Cecilia Candrinho, Executive Director at the Export Promotion Institute-IPEX both under the Ministry of Industry and Commerce,...

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South Africa launches support package for troubled power supplier

The South African government announced a wide-ranging support package for troubled state-owned power supplier Eskom, that will see it receive an equity injection and raise additional debt. Eskom, which supplies 95 percent of South Africa's electricity, has been struggling to meet growing demand, hobbled by years of underinvestment and ageing infrastructure. "Eskom is facing significant challenges that threaten its sustainability," the finance...

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Telecoms urged to support govt’s ICT initiatives

Telecom firms have been urged to scale up online services in government agencies to support efforts aimed at improving service delivery and efficiency. Solange Mukasonga, the Nyarugenge District mayor, said this while receiving MTN Rwanda chief executive officer Ebenezer Asante at the district headquarters yesterday. She applauded the firm’s cloud computing package, saying it is handy when backing up important documents like construction...

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Uganda tourism set for maiden appearance at Nigeria’s AKWAABA

“AKWAABA – African Travel Market,” Nigeria’s premier tourism and travel trade show, which this year will take place from October 26-28 in Lagos, will for the first time welcome the Uganda Tourism Board and a number of Ugandan stakeholders. Arguably spurred by the success that neighboring countries had as a result of attending West Africa’s most important tourism fair, Uganda Tourism decided to throw their own hat in the ring and vie for more visitors...

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Red Cross calls for additional funding to increase its response to the Ebola outbreak in West Africa

With cases of the Ebola virus disease continuing to surface at unprecedented speed in West Africa, the International Federation of Red Cross and Red Crescent Societies (IFRC) is expanding its emergency operations in Guinea, Liberia and Sierra Leone to reach millions more people through increased activities. The IFRC has revised its three emergency appeals for Guinea, Liberia and Sierra Leone to a total of 30.2 million Swiss francs, an increase...

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