Africa’s business confidence increases
The Young Presidents’ Organisation’s (YPO) Global Pulse confidence index for Africa increased sharply in the fourth quarter of last year‚ adding 6.4 points and more than making up for ground lost in the previous quarter.
Building ‘bridges of friendship’ in Tanzania, the Indian way
Paying tribute to the achievements of around 40,000 persons of Indian origin and Indian businessmen in Tanzania, Prime Minister Manmohan Singh lauded their “entrepreneurial spirit†and said they were “a bridge of friendship†with this East African nation that an Indian prime minister was visiting after 14 years.
“Business, Govt should promote brand SAâ€Â
The South African government and the business sector will meet within two months in an attempt to overcome obstacles to economic growth, it was decided at a government-business meeting in Pretoria on Sunday.
India, Africa expect $90-bn trade by 2015
Both India and Africa have decided to strongly raise the bilateral trade to $90 billion by 2015 since both the sides deliberated on the potential deals.
The South Asian nation is aiming to strengthen its trade and diplomatic relations withAfrica where China has made important inroads by inking various deals, developing infrastructure projects and providing soft loans.
