German exported industrial machines worth 580 million euro to Africa in 2013, representing 7.5 per cent of the country’s total export, Mr Richards Clemens, Managing Director, Packaging Machinery Association of Germany told journalists in Lagos on Monday.He said there was an increase in the global demand for German technology, adding that Nigeria was top on the list of countries making such demands. Nigeria is one of our largest markets.... Read more »

Posted on : Monday , 28th July 2014

The first major challenge for SADC economies, as is the case with most African states, is a development model that is driven by consumption and primary commodity exports. The limitations of this kind of an economic growth path were severely exposed during the recent global economic crisis when the region’s economic performance was severely jolted. Further, the regional integration model in Africa has tended to focus too much on trade.... Read more »

Posted on : Monday , 28th July 2014