Africaincorp [Flagship]

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2011
03.27

4G Network,200 Billion Mobile Money Transfers,1 Trillion Stock Market Capitalization,Multimedia Libraries,Lower Cost of Building Materials,Bus Rapid Mass Transit

Category: Distribution, Economic News, Economic Trends, Economics, Infrastructure, Telecommunication / Tag: Africa, Bus rapid transit, Business and Economy, Federal Capital Territory Administration, Nigeria, Safaricom / Add Comment

Safaricom is set for the long-awaited technical trials of its fourth generation (4G) services [source ]

The total value of mobile money transfers in Africa will exceed US$200 billion in 2015.[ Source ]

Africa’s total stock market capitalization now exceeds $1 trillion [ Omegascorpi]

The Angolan Government will build from next October six multimedia libraries (computerized libraries and multimedia) in six provinces, in an initial investment estimated at USD 48 million. [ Source ]

A building materials and construction company, Kon-X Ltd., has introduced a new form of project finance to aid in reducing the high cost of building materials in Nigeria [ Source ]

The African Development Bank (ADB) has said it has received the Federal Capital Territory Administration’s request for a sum of $50 million to finance its proposed Bus Rapid Mass Transit (BRT). [ Source ]