Press awash with deaths in Lassa fever outbreak, Bayelsa rerun election, Nigeria| glObserver Global Economics

Confirmation of 40 deaths in Lassa fever outbreak, arrest of ex-Customs boss and the tension created by the Bayelsa national governorship rerun led the Nigerian press on Saturday.Country and a lot of other newspapers focused on government’s confirmation of the death of 40 Nigerians in a Lassa fever outbreak in 10 states.

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Guardian reported that President of the Nigerian Academy of Science (NAS), Prof Oyewale Tomori has blamed the resurgence of Lassa fever outbreak on the country’s weak surveillance system, poor funding of epidemiology studies, inadequate diagnostic centres and poor awareness of the disease part Nigerians.

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Israel: Start-up nation comes of age| glObserver Global Economics

Vonetize, an Israeli company that offers video on request to customers in Africa, Latin America and other emerging markets, is “not very focused on the exit”, in the words of its chief executive, Noam Josephides. The founder says he has no plan to sell the company any time any minute at this time.

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With a small domestic market of just 8m people, entrepreneurs in Israel have a tendency to sell early. A common question posed at conferences was at the same time as Israel — nicknamed Start-Up Country in an eponymous 2009 book — may become “scale-up country”. Israelis asked at the same time as their country, which has no household-name multinationals other than generic drugs group Teva, would get its own corporate national champions like Finland’s Nokia or Germany’s Siemens.

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Uganda hosts new Burundi peace talks | glObserver Global Economics

Burundi’s government has demanded the withdrawal of key opposition figures if peace talks, restarted in Uganda on Monday, are to continue.

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Nigerian banks target N300 billion for SMEs, agric sector| glObserver Global Economics

The Bankers Committee said it has set a target of N300 billion to boost lending to Small and Medium Scale Enterprises (SMEs) and the agriculture sector in 2016.

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Mr. Emefiele said that the facilities would not only be for SMEs, but as well to large scale farming companies.

On the agriculture, he said its price chain needed to be de-risked to allow banks grant facilities to farmers to stimulate increase in the economy.

Mr. Emefiele said that the bankers agreed that de-risking those price chains in the agriculture would encourage large scale farming and boost productivity in the sector.

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Nigerian Capital Market in 2015| glObserver Global Economics

The year 2015 will go down in the history of the Nigerian capital market as a year the regulators, for the initial time in five and half decades, appreciated investors’ by espousing new paradigm for domestic shareholders.

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The novel system, if implemented successfully, will not only put an end to investors’ apathy and dismal confidence in the country’s bourse, but will usher in a new era of sustainable wealth creation in the country.

The capital market committee conference held in Lagos in November did the much-needed groundwork for the capital market ambitious sustainable development goals.

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Resumption of Burundi talks offers chance for peace| glObserver Global Economics

Negotiations aimed at ending the Burundi crisis resumed in Uganda on Monday with rival parities expressing commitment to the process. Chief Mediator of the talks, Ugandan President Yoweri Museveni, told the rival parties that the East African region cannot allow a repeat of the 1994 Rwanda genocide anywhere in the region.

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Richard Sezibera, Secretary General of the East African Community (EAC) told Xinhua in an interview that the resumption of the talks is a welcome signal to ending the crisis in the country where scores of people continue to die.

"This is a luck for them to sit down around the same table, and discuss the issues for them. There is a lot of hope in this dialogue, both within Burundi and the wider international community," he said.

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Nile dam meetings in Sudan extended for extra day, deal might be reached| glObserver Global Economics

Foreign and water ministers of Sudan, Egypt and Ethiopia on Monday decided to extend their ongoing meetings in Khartoum on the Grand Ethiopian Renaissance Dam (GERD) for one additional day, while a Sudanese minister expected a comprehensive transaction may be reached.

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"The meetings were convened in an atmosphere of trust. We have reached understandings on some issues, while other issues are still under consultations. We expect to reach a comprehensive transaction by the end of the meetings on Tuesday," he noted.

The meetings of the three nations’ ministers started on Sunday with the aim to reach understandings on the GERD.

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