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    23-Oct-2018 to 17:52

    S/African leader urges envoys to lead investment drive

    APA-Pretoria (South Africa) — President Cyril Ramaphosa on Tuesday urged South Africa’s ambassadors to lead the investment drive in the countries they are posted to in order to meet the needed US$100 billion investment target set by the government.

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    23-Oct-2018 to 14:34

    Mozambique: Apex bank leaves benchmark lending rate unchanged

    APA-Maputo (Mozambique) — Mozambique’s central bank has left interest rates on the inter-bank money market unchanged at 15 percent, APA can report on Tuesday.

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    23-Oct-2018 to 14:25

    Kenya: Africa youth conference gets under way in Nairobi

    APA-Nairobi (Kenya) — More than 300 youths and innovators from across Africa are attending a three-day conference to deliberate on Africa’s transformation, as well as on sustainable solutions to some of continents problems.

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    23-Oct-2018 to 14:14

    Mozambique gets $100M World Bank development funding

    APA-Maputo (Mozambique) — The World Bank has said it will provide Mozambique with $100 million to operationalize the National Urban and Local Development Project, covering four Mozambican provinces, APA can report on Tuesday.

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    23-Oct-2018 to 12:08

    Kenyatta signs austerity measure bill into law

    APA-Nairobi (Kenya) — President Uhuru Kenyatta on Tuesday signed into law the supplementary appropriation bill, entrenching austerity measures that will guide government expenditure for the financial year ending 30th June 2019.

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    20-Oct-2018 to 12:43

    Indian mining firm to begin Mozambique operations in 2019

    APA-Maputo (Mozambique) — The managing director of Sol Mineração Moçambique, Ravibhusan Bhardwej, has said the company will start coal mining operations next year in Mozambique's natural resource-rich western province of Tete.

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    19-Oct-2018 to 12:44

    Kenya losing $208m in revenue to illicit trade of textiles

    APA-Nairobi (Kenya) — The Kenya Association of Manufacturers (KAM) on Friday said that the country is losing annually about 21 billion shillings ($208 million) in revenue from the textiles and apparels market due to illicit trade.

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