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Oil And Seaports Business In Nigeria

A 2014 report on the performance of the Nigerian ports has shown that over 30 per cent of seaport business by Nigerians is on vehicles and petrol importation in the first half of the year. The report also showed that Nigerians imported over 154,800 cars and over 10 million metric tonnes of petrol in six months. The report, which was ...

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The biggest ever Indian participation at SAITEX 2012

The annual South African International Trade Exhibition (SAITEX) the biggest ever Indian participation demonstrates the kind of collaboration that is possible between India and the countries of Africa. The 19th edition of SAITEX took place between July 15th and 17th at Midrand and was co-located with Africa’s Big Seven, an exclusive trade fair in food and beverage segment. India, the ...

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Investors from Mauritius to India get tax relaxation

Mauritius based companies that have invested in India have a cause to applaud as a valid Tax Residency Certificate (TRC) can get them exemption from paying capital gain tax on exciting Indian investments. The Authority of Advance Ruling (AAR) has upheld the validity of the TRC. TRC is a certificate of residency of the investors. Having such a certificate establishes ...

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President of Ghana, Mills passes away

The people of Ghana are in grief, following the death of President John Evans Atta Mills, who passed away on Tuesday (25/07/12). The 68-year-old president had earned respect at home and abroad for his economic policies and commitment to democracy and good governance. The Vice President John Dramani Mahama, was quickly sworn in as head of state in a smooth ...

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India and Mauritius to expand trade ties in Textile Sector

In a meeting at New Delhi with Mr. Arvin Bollel, the Mauritian Minister of Foreign Affairs, Regional Integration and International Trade, the Indian Union Minister of Textiles Mr. Anand Sharma, shared their views and agenda for the joint committee on cooperation about the textiles and clothing industry. Mr. Sharma also holds the Commerce and Industry portfolio in the union government ...

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African Union Commission has New Chairperson

The assembly of the heads of state and the government has elected the new commission of the African Union. The election and the confirmation has been made at the 19th ordinary session of the assembly which took place between July 15th and 16th of 2012 in Addis Ababa, the capital city of Ethiopia. For the first time a women in ...

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The African Union Session Ends in Addis Ababa

The 19th ordinary session of the African Union Commission involving the heads of state and government of the African Union concluded under the theme “Boosting Intra-African Trade” in a promising note. The summit took place on 15th and 16th July 2012 at Addis Ababa, Ethiopia.In the summit the African presidents and the government representatives has exchanged their views on the ...

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Preparations underway for second Africa Trade Forum

Under the theme, “Boosting Intra-African Trade and Establishing the Continental Free Trade Area (CFTA)”, the preparation are in full swing for the 2nd edition of Africa Trade Forum (ATF), which is scheduled between September 24th and 26th, 2012 in Addis Ababa. The ATF-II is expected to review the key challenges in implementation of the agreed action plan on boosting intra ...

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South Sudan Celebrates its First Birthday

The world’s newest country, the South Sudan celebrated its first birthday on July 09th 2012. Archbishop Desmond Tutu, the winner of the Nobel Prize for peace, was the guest of honour for the occasion. In his speech the Archbishop gave a sermon calling for peace. Stop fighting and wealth will follow, he told the young nation’s leaders. Unfortunately South Sudan ...

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Egyptian President is to attend AU Commission summit

Mohammad Morsi will attend the African Union (AU) Commission summit in Ethiopia, Addis Ababa. It will be the first by an Egyptian president since an assassination attempt on former President Hosni Mubarak in 1995. Since then, Egypt would send its foreign ministers to attend the summit.

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