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Africa: World Bank Study Urges Africa Trade With Asia

Africa: World Bank Study Urges Africa Trade With Asia Africa should embrace growing trade relations between the continent and Asian giants China and India, the World Bank says. In a new study, the Bank notes the growing Asian investment in Africa, saying it holds growth potential for the continent. The study, Africas Silk Road: China and Indias New Economic Frontier, recommends an array of trade and investment reforms within and between these regions to deepen the growing South-South ties. This new Silk Road potentially presents to sub-Saharan Africa -- home to 300 million of the globes poorest people -- a significant and rare opportunity

Afro-Asia tourney deferred

Afro-Asia tourney deferred The second edition of the Afro-Asia Cup cricket tournament scheduled for September in India has been postponed again. The event will now take place in June 2007 and Africa, once again, are the hosts. The inaugural competition in 2005 was held in South Africa. Asia is expected to host the next competition in June 2008 in Malaysia, according to Niranjan Shah, secretary of the Board of Control for Cricket in India (BCCI). The event has in the past been dogged with uncertainty. The tournament involves sides from the two continents and was accorded full one-day status by the International Cricket

Kenya: Afro-Asia Tourney Deferred

Kenya: Afro-Asia Tourney Deferred The second edition of the Afro-Asia Cup cricket tournament scheduled for September in India has been postponed again. The event will now take place in June 2007 and Africa, once again, are the hosts. The inaugural competition in 2005 was held in South Africa. Asia is expected to host the next competition in June 2008 in Malaysia, according to Niranjan Shah, secretary of the Board of Control for Cricket in India (BCCI). The event has in the past been dogged with uncertainty. The tournament involves sides from the two continents and was accorded full one-day status by the International Cricket

Regional cooperative movement for reducing poverty stressed in South Asia

Regional cooperative movement for reducing poverty stressed in South Asia South Asian experts at a regional conference held here on Rural Financing Institutions and Cooperatives stressed that the region needed to expedite cooperative movement for reducing poverty, a leading English newspaper, The Himalayan Times reported on Wednesday. According to the newspaper, some experts presenting papers Tuesday emphasised that all governments in the region needed to focus on reducing poverty through empowering poor people with easy access to credit. The participants from India, Nepal, Bangladesh, Sri Lanka, Bhutan and Maldives are representing their countries financial institutions. More : english.people.com.cn

Europe surpasses US in PC shipments

Europe surpasses US in PC shipments The US has been dethroned by Europe, the Middle East and Africa (EMEA) as the world's largest PC market, according to 2005 market data from Gartner. The EMEA region accounted for 72.6 million PC sales last year, compared to 67.2 million in the US, the analyst firm found. The fourth quarter showed particularly strong sales in EMEA, with unit shipments increasing by 17.2 per cent year-over-year as a result of promotional deals on laptop computers. HP held on the lead with a 15.9 per cent market share, but the manufacturer lost some ground to Dell (11.6 per cent)