N e w s

Kenyan government raises US$2 billion

 he government paper was oversubscribed to US$8.8bn although the government was interested in just US$2bn. The money will pay for key infrastructure projects such as the Lamu Port, the US$3bn worth Galana-Kulalu irrigation project at the Coast and geothermal power project development in the Rift Valley. “Access to international capital markets will help reduce our domestic borrowing. This will leave greater room for private sector.... Read more »

Posted on : Wednesday , 10th December 2014

Tanzania signs investment deals worth US$1.7bn with China

 The deals would cover areas such as infrastructure, power distribution, real estate and business cooperation, added Kikwete. A report in Reuters Africa has stated that the countries will develop a satellite city worth US$1bn and a financial centre worth US$500mn in Dar es Salaam. The two projects are jointly developed by the China Railway Jianchang Engineering Company and Tanzania’s National Housing.... Read more »

Posted on : Wednesday , 10th December 2014

Africa to be prime stop for future Global Investors

 The report titled Capital Projects & Infrastructure in East Africa, Southern Africa and West Africa,was drafted after a survey was conducted among 95 players in the infrastructure sector such as government bodies, private financiers, development finance institutions and construction companies across East, West and southern Africa. The sectors that were part of the survey included water, transport and logistics, energy, mining,.... Read more »

Posted on : Wednesday , 10th December 2014

Africa Woos International Investors in UAE

A large gathering of telecoms investors and the global Information and Communications Technology (ICT) community in Doha, Qatar, on Sunday of the investment opportunities that abound in the country, especially in the area of broadband. Despite attaining active telephone line connectivity of over 134 million and a teledensity of 96 per cent, the federal government, yesterday said there is much to do to achieve an all inclusive penetration of.... Read more »

Posted on : Wednesday , 10th December 2014

The European Union signs bilateral trade treaties withAfrica

  fter twelve years of wrangling, the EU finally concludes bilateral trade treaties with 44 Sub-Saharan countries The European Union – the continent's biggest trading partner – has now signed up most sub-Saharan African countries to bilateral or regional Economic Partnership Agreements (EPA). The framework sets the stage for increasing liberalisation of trade and the reduction of tariffs. Only the disputed Western Sahara and.... Read more »

Posted on : Tuesday , 9th December 2014

Dollar trade and investment in Africa

 For many, the most emblematic moment of Washington's maiden Africa summit on 4-6 August came at the end of an intense day of economic and commercial debate on 5 August, when President Barack Obama sat in on a 15-minute discussion with Takunda Chingonzo, a 21-year-old internet entrepreneur from Zimbabwe. It was a conversation of the free-ranging kind that Obama had specified for the following day at the Leaders Summit. It was also a signal.... Read more »

Posted on : Tuesday , 9th December 2014

Partnerin in major investments towards development in Africa

 The Johannesburg to Durban route is the busiest economic corridor in the country and Harrismith is right in the middle. Harrismith also links in a star-like formation with other major economic cities such as Bloemfontein, Klerksdorp, Maseru and Richards Bay. As a result, the Maluti-A-Phofung local municipality and Harrismith are well situated in terms of freight volume movement through the area. The Harrismith Logistics Hub will be able.... Read more »

Posted on : Tuesday , 9th December 2014

Strategic market information on African Industrialization

  NKC Independent Economists has put together reports on industries and sectors on the African continent with strategic market information that that may be useful to your company. These reports are specialised in that they focus on a specific sector within Africa, and includes insights into Industrial Manufacturing The impact of manufacturing on economic development has been widely studied. Very few countries have been able to grow and.... Read more »

Posted on : Monday , 8th December 2014

Diligence services offered for Companies investing in Africa

 Investing in Africa can be seen as both a risk and a profit for future economic growth. The World Bank released its latest Global Economic Prospects report in July 2014, suggesting that sub-Saharan Africa will once again be amongst the fastest growing regions in the world. But when doing business in Africa, it is highly advised to check who you are investing your money in. Fraud in Africa is steadily increasing and it is crucial to be up.... Read more »

Posted on : Monday , 8th December 2014

Mauritius Corporate firm seeks partners in Africa

 NWT is a group of companies offering trust and corporate services to both Corporates and High Net Worth individuals. NWT is headquartered in Mauritius, with subsidiaries in Switzerland, Hong Kong, Canada, British Virgin Islands, and Nevis. Its two main operating companies are NWT Management SA. and NWT (Mauritius) Limited. The company is now seeking to develop lasting relationships with companies and investors who have the network and.... Read more »

Posted on : Monday , 8th December 2014

Ireland & Africa establish a business relationship

 Irish entrepreneurs have already decided. They said yes to Africa! By 2020, trade between Ireland and Africa is to reach $ 24 billion. An Irish-African Economic Summit held in Dublin. At the summit, it turned out that every tenth head of international corporations’ plans to establish a business relationship with Africa in the near future. Reference here to Sean Sherlock – Irish Minister for Development. During the inaugural.... Read more »

Posted on : Saturday , 6th December 2014

Investment Boost for Tanzania

 For Tanzania, it is much more than just an injection of cash. According to the authorities, it is a revolution. A revolution in the energy market, where each dollar invested wisely may give rise to subsequent significant changes. 78 million dollars. In the world of big business, such a sum does not cause anyone to suffer from vertigo. However, for Tanzania it is a real mountain of gold especially that the money will be allocated to one,.... Read more »

Posted on : Saturday , 6th December 2014

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