Africa Matters

Quantitative Easing Necessary but Not Sufficient, Say Leading Economists

Europe making progress, but needs structural reforms and fiscal stimulus US economy strengthening, but room for rate hikes is limited Spain is a model for structural reforms Davos-Klosters, Switzerland, 22 January 2015 – Business leaders and policy-makers gathered for the 45th World Economic Forum Annual Meeting in Davos-Klosters told participants that Europe needs quantitative easing but that monetary policy…

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Drought Triggers Insurance Payout in Sahel Ahead of Humanitarian Aid

Johannesburg, South Africa – ARC Insurance Company Limited (ARC Ltd) will pay US $25 million in drought insurance claims to three countries in the Sahel this month. Mauritania, Niger and Senegal, which paid a combined premium of US $8 million, will use the payout to mobilize early interventions in response to drought based on pre-approved contingency plans. The catastrophe…

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Mengi Launces 3N Business Idea Competition

Dar es salaam, 8 January, 2014 Building on his longstanding initiatives of encouraging an entrepreneurial spirit amongst ordinary Tanzanians, the Executive Chairman of IPP Limited, Dr Reginald Mengi, has once again, launched a business idea competition, where about 6 winners will collectively take home 60 million Tanzanian shillings as capital grant to start a business of their choice. The…

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Mengi azindua shindano la 3N – ‘Nitabuni wazo la biashara, Nitatekeleza, na Nitafanikiwa’

Dar es Salaam: Katika kuendeleza jitihada zake za miaka mingi za kuwashawishi na kuwahamasisha Watanzania kujiamini kuwa kwa kutumia nguvu na maarifa wanaweza kujikwamua na umaskini kwa kubuni na kuendesha wenyewe miradi ya ujasiriamali, Mwenyekiti Mtendaji wa IPP, Dk Reginald Mengi, kwa mara nyingine amezindua Shindano la kubuni Wazo la Biashara ambapo jumla ya shilingi milioni 60 zitashindaniwa ….

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