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NEW DELHI: Telecom major Bharti Airtel today said its business in Africa, where it forayed in 2010, has crossed 60 million subscriber mark. Airtel added 10 million customers across its operations in 17 African countries in less than 12 months of having crossed 50 million subscribers, the company said in a statement.   Moving forward, the company hopes to add subscribers on the continent through maintaining a strong focus on rural...

  • Posted on : Saturday , 19th July 2014
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Bank of India has opened its first South African branch here, more than half a century after it established its first presence in the African continent.   “Africa has, for long, been our favoured continent and upgrading our representative office of the past five years to branch banking in South Africa is one more step in that direction,” said Alok Misra, Chairman and Managing Director of the 106-year-old bank.   Bank of...

  • Posted on : Saturday , 19th July 2014
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Trade between India & Kenya   Bilateral trade grew by 57% to reach US$ 2.4 billion in 2010-11. Nearly US$ 2.3 billion constituted India’s exports to Kenya. India is the sixth largest trading partner of Kenya. According to Kenyan statistics, bilateral trade for 2011 was approximately US$ 1.8 billion. The figure for Indian exports to Kenya during January-May 2012 is US$ 893 million (13% of total Kenyan imports, largest exporter...

  • Posted on : Saturday , 19th July 2014
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Over 30 Indian companies are participating at the 16th Kenya International Trade Exhibition in Nairobi, Kenya. The mega event is being held from October 6th to 8th 2012 at Kenya’s prime international venue, the Kenyatta International Conference Centre.  “Kenya International Trade Exhibition is an excellent platform for Indian companies to effectively promote their range of products in a market that is filled with major...

  • Posted on : Saturday , 19th July 2014
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India and Africa have agreed to raise their bilateral trade target to $90 billion by 2015 from $70 billion set earlier. This follows bilateral trade reaching $60 billion last year. “A 20-fold growth within a decade is indeed an achievement worth applauding. I propose that given the current growth rate, we may agree to revise the trade target to $90 billion by 2015,” said the Union Commerce, Industry and Textiles Minister, Mr...

  • Posted on : Wednesday , 12th September 2012
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