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Owner of Collapsed Bangladesh Factory Arrested

Police in Bangladesh say they have taken into custody the owner of a factory complex that collapsed last week, killing at least 377 people. Authorities announced Sunday that they detained Mohammed Sohel Rana near the border with India.  Rana had been missing since the building’s collapse on Wednesday. His arrest came a day after authorities took at least two plant ...

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Ghana:Illegal loggers destroying Mole Park..

What is the Mahama government doing about this situation? …..over 35 long 40-footer heavy duty trucks in the Damongo township ready to cart rosewood  for export!!! Government officials, chiefs and others behind this heinous plot to fleece and destroy our heritage? We have delivered the message to the president today April 9 2013!!!!     The activities of illegal chain-saw ...

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Boeing CEO Urges FAA to Return 787 to Service,

WASHINGTON — Boeing Co. Chief Executive Jim McNerney on Thursday urged regulators reviewing battery problems on the company’s grounded 787 passenger jet to let the plane back into service, saying he was confident the redesigned battery was safe.        He would not specify when he expected the jet to be flying customers again other than saying “sooner rather than later.” ...

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You want to invest in Africa, no problem…..Homestrings is your sure bet!

Eric Guichard’s company Homestrings gives foreign investors and the African diaspora access to investment opportunities in Africa and other emerging markets. How we made it in Africa’s Dinfin Mulupi talked with Guichard, a Guinean-American who is the CEO of Homestrings, about the firm’s model and the opportunities on the continent. What inspired you to start Homestrings? I worked for six ...

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Used Clothing Kills Nigerian Textile Industry

ABUJA — In markets in northern Nigeria, some shoppers scoff at clothes made by Nigerian companies and prefer to buy second-hand clothes from the West.  The country’s flailing textile industry says the trend is killing their chances of coming back to life. Nigerian companies make clothes but in your average market, the racks are filled with imports, often from the ...

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1st cook-on-board food truck gets Chicago license

More than six months after the Chicago City Council legalized cooking onboard food trucks, the city on Thursday issued its first license for it to Dan Salls, owner of The Salsa Truck. An ecstatic Salls said that he passed his health and fire inspection on Wednesday and finished his paperwork on Thursday afternoon. By Tuesday, he hopes to be searing ...

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Vistajet Founder Touts Ghana As Important Gateway For Aviation Business

The Founder and Chairman of the world’s leading luxury private aviation company, Vistajet, has lauded the political stability and booming market conditions in Ghana. He noted that the phenomena were leading to faster expansion of infrastructural facilities making the country a convenient place for doing aviation business.Ghana’s economy is growing fast, infrastructure is quickly expanding and market is booming that ...

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Nigeria: Man Stole $145M and pays fine to avoid serving prison term!

ABUJA, Nigeria (AP) — A man who formerly helped oversee Nigeria’s police pension program pleaded guilty Monday to stealing $145 million, but walked out of court a free man after agreeing to a plea bargain that saw him pay only a fraction of it back. The plea deal given to John Yakubu Yusufu and read out in court sparked immediate ...

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