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Kuwait-based Zain Group has awarded contracts to Tango Telecom to provide its advanced SMS technology, the iAX SMS platform for its Ghana and Madagascar networks. Information available to ghanabusinessnews.com from the telecommunications…

Angola will commit an estimated $1.2 billion for agricultural development over the next four years as part of a food security initiative, daily Jornal de Angola reported on Thursday, citing a government statement. The investment will be…

Tullow Oil says Ghana will become one of the world’s top 50 oil producers when the country starts commercial production of oil in June 2010. The Chief Excutive Officer of Tullow Oil, Aidan Heavey told the Bloomberg news service in a…

The International Monetary Fund (IMF) Board has agreed to lend $600 million to Ghana to help the country sail through the challenges of the current global economic crisis. According to information reaching ghanabusinessnews.com, the…

Technology news website TechCrunch published on Wednesday sensitive internal documents belonging to Twitter, including financial projections, offering a rare glimpse into the wildly popular microblogging site. Twitter has a targeted…

Asian stocks advanced, lifting the MSCI Asia Pacific Index to a two-week high, as faster economic growth in China and an improvement in U.S. manufacturing gauges fueled optimism the global economy is recovering. Jiangxi Copper Co., China’s…

Hackers are getting more creative in targeting certain companies and Twitter has recently discovered the consequences of such an attack. About a month ago, an administrative employee at Twitter was targeted and her personal e-mail was…

China’s gross domestic product grew 7.9 percent in the second quarter as the nation became the first of the major economies to rebound from the global recession. The figure, announced by the statistics bureau in Beijing today, exceeded the…

President Obama’s healthcare overhaul cleared its first hurdle in Congress on a partisan vote yesterday as he pressed lawmakers to “buck up’’ and pass legislation this summer and met with Republicans in search of an elusive bipartisan…

The U.S. spurning of CIT Group Inc.’s aid request suggests officials are betting they’ve fixed the financial system enough to withstand the bankruptcy of a mid-sized lender. “I hate to say this, but it was probably expendable,” said Dennis…