/24-7PressRelease/ - Cameroon, Africa and San Diego, CA, June 14, 2005 -- GroupWeb.Com EmailWire.Com (www.emailwire.com), a global press release distribution company today announced the launch of Africa Newswires Service (www.africanewswire.net). The new newswire service serves as a news distribution channel for businesses that want to extend their reach to business and consumer population of Africa. African Newswire Service takes news releases from Fortune 500 companies, small or medium size companies to regional, national and local news agencies in Africa. Africa Newswire Service also distributes news releases from African businesses and organizations to the rest of the world.
While there continue to be civil unrests in some Africa countries, many businesses in Africa are striving and becoming successful, hence foreign businesses are investing in Africa more than ever. According to Corporate Council on Africa, foreign direct investment to Africa increased from $12 billion in 2002 to $15 billion in 2003, and many of these foreign investors are reaping rewards by 25 to 35 percent.
Foreign direct investment will grow in Africa as the population continues to grow. The continued explosion of the African population brings about the need for businesses to reach their target audience through the media; hence Africa Newswire Service is positioned to help foreign businesses take their news to African masses.
National and local businesses in Africa too are growing. As G8 members forgive Africa's foreign debt, African countries will use their money to invest in African economic infrastructure. "Africa Newswire Service will use current Internet technology to affordably distribute press releases from companies of any size in Africa to the world," explains Anna Atanga, Vice President, sales and business development for Africa.
About GroupWeb Africa Newswire Service
GroupWeb Africa Newswire Service (www.africanewswire.net) is a global press release distribution service of GroupWeb.com. GroupWeb Africa Newswire Service uses co-branding, viral marketing, RSS feed, e-mail, fax, satellite technology to distribute company news to major and none major newswires, vertical and news websites, individual email boxes through opt-in distribution, and to journalists' desktops in the format they choose. For more information on Africa Newswire Service flat rate and unlimited press release distribution, visit http://africa.emailwire.com/africa/africa_media_list.html.
Contact Information:
USA
Joseph Nchor
619-284-8011.
editor@africanewsiwire.net
Africa
Anna Atanga
011 (237) 347-0499
atanga@africanewswire.net.
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