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Egypt’s Central Bank:The Country’s Economy’s “Sluggish”
Egypt’s gross domestic product (GDP) growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to reach slightly more than 1 percent compared to 2.1 percent in 2012/2013, according to the Egypt’s Central Bank. Deputy CBE governor Ranaia al-Mashat said in his statement that economic activity remained sluggish in the […]
Mineral-rich Congo poised to become leading fertilizer hub
Strategically located Democratic Republic of Congo (DRC), which is endowed with the key required raw materials, is poised to be a world leader in fertilizer production, according to Stéphane Rigny, the executive chairman of Kanga Potash. Kanga Potash, which has received its license to mine and produce potash in DRC, announced in July it was […]
India underscores unilateral character of invitation to BRICS summit in Johannesburg
India made it clear that invitations to the BRICS summit due on August 24 in Johannesburg are unilaterally made by the South African government. In New Delhi, the Indian federation government has issued a statement saying that the invitations extended by South Africa for the BRICS/Africa meeting, due in Johannesburg, are based on a unilateral […]



