Africa

State, Provinces & Regions To Materialize Pledges For Global Warming Advocacy

The worldwide pledge to conquer climate change is being materialized.

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More Than 30 Regions Can Now Avail Apple's Music Student Membership

Apple Music student membership is now available to some additional areas in the world.

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Schizophrenia Acroos Regions between Male and Female

Here are some comparison of the male and female differences on schizophrenia in other regions in the world

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Fighting Lifestyle Diseases Through Understanding Africa's Gene Pool

Home to about 1.2 billion of the world’s population, Africa, the world’s second largest and second most populous country on Earth, is excessively troubled by the challenges in its society such as the spread of several infectious diseases and a growing number of cases related to non-communicable diseases.

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African Farmers Now Supported With Mobile Drought Insurance

Due to extreme dry weather conditions, African farmers are seriously affected by their crops failure with little or no more money to replenish their lands or support their families. With the mobile drought insurance, farmers are protected from such harsh conditions by paying a small surcharge fee upon purchase of seeds and fertilizers registered with an insurance company.

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South Africa's Wheat-Import Tariff Increase Could Worsen Inflation

South Africa is experiencing wheat shortages prompting grain importation. The increased tariff has been approved but Treasury requested the Trade and Industry sector to review it as it will affect the prices of staple food.

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Major Oil Companies Fund Nigeria's $200 Million Fuel Imports

Nigeria is suffering from fuel shortages as well as lack of hard currency. Four major oil companies agreed to finance the country’s $200 million fuel import along with the lack of the dollars to sustain the country’s fuel needs.

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Angola Seeks IMF Help as Oil Price Hit The Economy

The second largest oil producer in Africa will start negotiate with IMF next week for a bailout program. Continuous drop of oil price hit Angola economy after years of prosperity from oil production.

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Nigeria's Ntel Seeks $1 Billion Investment for 4G LTE Service Expansion

Ntel is seeking $1 billion loan investment for its 4G mobile broadband expansion for 2020 to take advantage of the increasing number of smartphone users in Africa. It will start its 4G LTE service to Abuja and Lagos by April 8 competing with other Nigerian four company internet and broadband providers.

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Kerry Announces $600 Million Development Fund For Nigeria, Agrees Forming Working Groups

The US has halted all sorts of cooperation to Nigeria on the allegation of human rights abuse and corruption by Nigerian army during the regime of Goodluck Jonathan. But under the leadership of President Muhammadu Buhari, the encouraged US has vowed for extending economic and security support forming working groups. John Kerry, the US Secretary of State has also announced $600 development assistance for Nigeria.

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Egypt Unveils Special Economic Program To Attract Foreign Investment

Last week, the Bank of Egypt has increased its benchmark rates following a devaluation of local currency by 10%. The moves are believed to be parts of measures taken by the government to address the shortage in foreign currency reserves. Now, the Egyptian government has announced on Sunday a new special program to secure foreign aid and investments.

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Hawaii Ivory Trade Will Soon Be Banned

Hawaii lawmakers are seeking to pass the bill on ivory trade ban. Thousands of African elephants and rhinoceros are being slaughtered because of their tusks and horns. Smugglers see Hawaii as their gateway to Asia to market illegal ivory and if left unregulated, the state would become the largest illegal ivory market.

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Bank of Egypt Mulling For Tougher Foreign Exchange Regulations Cracking Down The Black Market

A black market for dollars has absorbed liquidity from the Egyptian banking system over stressing country’s foreign reserves. Egyptian pound has been weekend ignoring several steps adopted by CBE. Finally, it has started mulling to enact tougher regulations on regulating the foreign exchange market.

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Solar Power, South Africa's Answer to Energy Crisis

South Africa's energy crisis will now be answered by the launching of the largest solar farm built in Northen Cape. It could generate power that could supply electricity from renewable energy to 75,000 households yearly.

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Facebook sees growth in Asia despite India's ban on Free Basics

Facebook Inc is bullish on Asian market potential. Recently, Facebook's Free Basics service has been banned by Telecom Regulatory Authority of India (Trai). Despite this jolt, Facebook is still optimistic about adding number of users as the region is recording much faster growth rate than other parts of the world.

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