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30-10-2014 22:52:00 | by: Administrator | hits: 12675353 | Tags:

[South Africa Business Week] JSE grows listing portfolio
20-09-2018 | 17:19:00
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
Blockchain technology key to fighting corruption in Ghana
20-09-2018 | 13:32:00
NikGroup, a consulting firm based in Ghana, wants to push for the adoption of the blockchain for social change as the government struggles to fight corruption in Ghana.
[Kenya Business Week] Fertilizer shortage and the ripple effects
20-09-2018 | 13:04:30
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
UNIDO and Switzerland launch quality & standards programme in SA
20-09-2018 | 07:05:25
The Department of Trade and Industry of South Africa, UNIDO and the Swiss State Secretariat for Economic Affairs have signed a €1.38 million project to support South Africa improve the international competitiveness of indigenous essential and vegetable oils.
Alibaba Cloud and Kenyan Ministry bet on IoT to protect wildlife
20-09-2018 | 06:32:00
Alibaba Cloud, the cloud-computing arm of Alibaba Group, and Kenya's Ministry of Tourism and Wildlife have agreed to explore a strategic collaboration to deploy Alibaba Cloud’s technology to support the Kenya Wildlife Protection Project.
East Africa economy best performing in the continent, ICAEW report
20-09-2018 | 06:23:00
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according The Institute of Chartered Accountants in England and Wales, ICAEW.
Blue economy can drive Africa’s economic growth if well utilized, ECA
19-09-2018 | 06:08:00
The Economic Commission for Africa is fully committed to supporting the African Union, Regional Economic Communities (RECs) and member States to ensure that the untapped potentials of the continent’s blue economy are fully realized.
Aviation drives economic prosperity for Mauritius
18-09-2018 | 13:58:52
The International Air Transport Association (IATA) has called on the government of Mauritius to continue to focus on aviation as a strategic enabler of the country’s economic and social development.
Trade Mark East Africa, COMESA open new chapter of cooperation
18-09-2018 | 12:41:50
Trade Mark East Africa, TMEA, and COMESA have opened a new chapter of cooperation on regional integration programmes following a high-level meeting between the parties, held in Lusaka.
Angola Airlines and Portuguese TAP to increase weekly flights
18-09-2018 | 08:20:00
TAAG Angola airline and Portuguese TAP are preparing to increase weekly flights between Luanda and Lisbon, based on an agreement on air transport agreement between Angola and Portugal.
[Kenya] Oserian Flowers raises alarm over biting fertilizer shortage
17-09-2018 | 13:16:20
One of Kenya’s leading flower grower and exporter Oserian Development Company has sounded the alarm over massive fertilizer shortage in the country.
[Column] Five roots to Central Africa’s industrialization
17-09-2018 | 11:36:20
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
South Africa companies in Russia to seek export opportunities
17-09-2018 | 09:25:47
The South African business delegation that will take part in the World Food Moscow is in Russia to seek export opportunities in the local agro-processing market.
German Chancellor, Merkel, in Algeria for trade, migration talks
17-09-2018 | 08:03:00
Chancellor Merkel is headed for Algeria to find ways to boost trade with the Mediterranean nation. But the complicated issue of migration will loom over her talks as Berlin looks for ways to stem irregular migration.
Algerian police adopts sample tracking software to bolster operations
17-09-2018 | 06:37:00
Algeria’s national police force, has implemented STACS-CW Enterprise sample tracking and quality control software at their forensic DNA laboratory in Algiers.
[Kenya] KAM, NEMA and recyclers partner to enhance waste management
17-09-2018 | 06:26:00
Kenya Association of Manufactures (KAM) has signed an MoU with the National Transport and Safety Authority (NTSA) and Kenya Association of Waste Recyclers for PET plastic waste management.
[Kenya Business Week] Smart cities, a panacea for urban population
14-09-2018 | 06:57:14
As urban population hits unprecedented highs putting pressure on key amenities like housing, transport water and sanitation experts are mulling new and innovative ways to create smarter inclusive and sustainable cities.
AfDB unveils tool to assess resilience and fragility in countries
13-09-2018 | 13:35:29
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into account their capacities and pressures they may be under.
[Column] Ousmane Badiane: Trade is essential for Africa’s prosperity
13-09-2018 | 11:22:19
As African economies continues to develop, trade plays a vital role in raising living standards and improving the lives of their citizens.
Mutale Chilangwa the new Counterpart International Africa Director
13-09-2018 | 09:33:00
Counterpart International is pleased to announce the appointment of Mutale Chilangwa as Regional Director of the Africa portfolio. Mutale brings to Counterpart more than 23 years of international development experience in economic, trade, food security, and governance issues facing both the private and public sectors.
World Bank review reveals unchanged quality of policies in Africa
13-09-2018 | 06:48:43
The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank.
Angola works on making trade easier, cheaper and faster
12-09-2018 | 11:15:00
The first training module of UNCTAD’s trade facilitation empowerment programme, which helps governments put in place the reforms necessary to make trade easier, cheaper and faster, has been completed
COMESA, ITC launch cross border initiative programme
12-09-2018 | 08:07:56
COMESA and the International Trade Center (ITC) have officially launched a Co-delegation agreement for the implementation of the Cross-Border Trade Initiative Programme funded under the European Union Development Fund.
AfDB supports Senegal’s national development strategy
12-09-2018 | 07:48:43
The Board of Directors of the African Development Bank has approved a partial credit guarantee for the Republic of Senegal to help hedge currency risk arising from Eurobonds.
Botswana government hopeful of China beef market
11-09-2018 | 10:42:00
Botswana President Mokgweetsi Masisi said his government is confident that it will establish a lucrative beef market with the People’s Republic of China.
UN-Habitat and partners drive for equitable economic growth in Kenya
11-09-2018 | 10:16:00
UN-Habitat, working in concert with its partners, has embarked on a cities campaign on Equitable Economic Growth in two Kenyan secondary towns of Kajiado and Ol-Kalou.
SADC scoops first prize at the 2018 Botswana Consumer Fair
11-09-2018 | 09:09:00
The Secretariat of the Southern African Development Community (SADC) scooped the first prize award in the Regional/International and Diplomatic Missions Category at the 2018 Botswana Consumer Fair.
International urbanization experts discuss urban modern law in Kenya
11-09-2018 | 07:30:00
Experts from UN-Habitat, United Nations Economic Commission for Africa, African Union Commission, United Cities and Local Governments of Africa, members of academia, representatives from civil society and local governments met in Nairobi to chart out the process of elaborating a Model Law.
Experts seek financing for industrialization in Central Africa
11-09-2018 | 07:25:01
The UN Economic Commission for Africa (ECA) and the Government of Chad are convening government representatives and experts in various development fields from across Central Africa and around the world, to debate and propose a harmonized strategy of unlocking finances for industrializing the economies of Central Africa.
ITFC signs new financing agreements to support Egypt’s main sectors
11-09-2018 | 07:14:37
The International Islamic Trade Finance Corporation (ITFC) has signed two new Agreements between with the Government of the Arab Republic of Egypt.
[Ethiopia] UNIDO Director General praises China - Africa cooperation
11-09-2018 | 06:08:31
The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong, congratulated the Government of Hunan province for its continuous efforts to promote investment in Africa under the Chinese Government’s Belt and Road Initiative.
South Africa bets on masterplan to improve automotive industry
10-09-2018 | 10:15:00
The Department of Trade and Industry (dti) and the motor industry are now close to finalizing the South African Automotive Masterplan which will come into effect in January 2021 and run until 2035.
World Bank launches $9 million infrastructure project in Somalia
07-09-2018 | 12:50:00
The Federal Government of Somalia and the World Bank have launched the flagship infrastructure project in Somalia.
[Angola] Biocom has produced half of the sugar consumed in 2018, data
07-09-2018 | 08:15:00
Fifty-one thousand, 785 tons of sugar were produced by the Bioenergy company (Biocom) in the 2018 harvest according to data released at the 34th Meeting of Working Group.
Somalia, Eritrea and Ethiopia seek economic integration
07-09-2018 | 06:10:00
The president of the Federal Republic of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement.
[South Africa Business Week] Why SA entrepreneurs are not thriving
06-09-2018 | 15:24:00
A Study carried out on more than 1000 entrepreneurs in South Africa revealed that entrepreneurship in South Africa is not thriving, despite the fact that South Africa is one of Africa's strongest economies.
[Kenya Business Week] The UK, China trade factor
06-09-2018 | 13:02:00
Fresh from discussing bilateral ties with the United States, Kenya has over the recent past held trade negotiations and deals with UK and China as the super powers seeks to grow their influence in the country.
AfDB commits to support Equatorial Guinea’s agro industry plan
06-09-2018 | 13:01:03
The African Development Bank group has committed to support Equatorial Guinea’s economic diversification into agro-industry and a program of capacity building to foster public policies.
Power outages in Sub-Saharan Africa cost companies 31% in sales
06-09-2018 | 09:01:28
In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Center for Global Development.
[Uganda] Capital Markets Authority Act consolidated to ease reference
06-09-2018 | 06:57:00
The Capital Markets Authority (CMA) Act Cap 84 has been reprinted as a way of updating it to incorporate all amendments effected by the CMA Amendment Act, 2011 and the CMA Amendment Act, 2016.
Ethiopia and TMEA sign host country agreement renewing partnership
06-09-2018 | 06:42:14
TradeMark East Africa (TMEA) and the Government of Ethiopia have signed a Host Country Agreement (HCA) paving the way for TMEAs expansion into Ethiopia.
ECOWAS seeks more cooperation on customs services of member states
06-09-2018 | 06:33:20
Experts from the Customs sector of the Economic Community of West African States (ECOWAS) are reviewing a draft Supplementary Act on mutual administrative assistance and cooperation between customs administrations among Member States.
World Bank Vice President visits Algeria
06-09-2018 | 06:30:00
World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in Algeria from September 5 to 6, 2018.
[Nigeria] CISI and CIBN announce cooperation agreement ​
06-09-2018 | 06:30:00
The Chartered Institute for Securities & Investment (CISI) and the Chartered Institute of Bankers of Nigeria (CIBN) are delighted to announce the signing of a cooperation agreement in London.
Political will in Ethiopia, Rwanda transforms agriculture, AGRA report
05-09-2018 | 11:55:59
Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support for agriculture.
East Africa Metals receives nod to work on two Ethiopia gold projects
05-09-2018 | 06:42:14
East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects.
Angola signs $170 million contract for supply of ten locomotives
04-09-2018 | 13:20:00
Angolan Railways, the consortium of Andrade Gutierrez and Zagope Angola have signed a contract valued at $169.3 million for the supply of 10 diesel locomotives with a capacity to carry seven thousand passengers.
[South Africa] DMR Mpumalanga regional office closed
04-09-2018 | 09:17:00
Members of the public are advised that the Department of Mineral Resources’ Mpumalanga Regional Office will be closed from Monday 3rd September 2018 until further notice.
ECA leads UN efforts for a stable and prosperous Sahel region
04-09-2018 | 08:46:46
The United Nations is revamping its action plan to address the root causes of the complex crisis in Africa’s Sahel region, in particular outlining a development vision for the region.
OFID funding supports development in three African countries
04-09-2018 | 07:32:36
OFID, the OPEC Fund for International Development has signed public sector loan agreements totaling to US$37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.
Somali President tours Huawei's Executive Briefing Center in Beijing
04-09-2018 | 06:52:32
As part of his visit to China on the sidelines of the FOCAC Summit, President of the Federal Republic of Somalia H.E Mohamed Abdullahi Farmajo visited Huawei's Beijing Executive Briefing Center and met with Yi Xiang, Senior Vice President at Huawei.
More Huawei innovations to speed up digital transformation in Botswana
04-09-2018 | 06:39:00
On his state visit to China, President Mokgweetsi Masisi of Botswana expressed that Botswana looks forward to cooperating in depth with Huawei, to promote socio-economic development and achieve sustainable development of Botswana through digital transformation.
China targets African countries with $60 billion kitty
04-09-2018 | 06:26:05
The 2018 summit of the Forum on China-Africa Cooperation currently underway in Beijing has seen China unveil a new $60 billion kitty for Africa’s development as part of a raft of new measures to strengthen Sino-Africa ties.
Twenty new UK businesses to set shop in Kenya
03-09-2018 | 09:25:00
British Prime Minister Theresa May, has announced the entry of twenty new UK businesses in Kenya, a feat she termed as a clear demonstration of the confidence the British business community has in Kenya’s attractive investment environment.
Volkswagen to set up automotive hub in Nigeria
03-09-2018 | 07:29:00
Volkswagen and the government of Nigeria have signed an agreement to develop a joint vision for an automotive hub in that country.
[Kenya] CA launches system to measure telcos services to customers
31-08-2018 | 13:58:27
Communications Authority of Kenya, (CA) has launched a new system to measure quality of services provided to consumers on mobile telephony networks.
Volkswagen set to establish vehicle assembly facility in Ghana
31-08-2018 | 08:52:00
Volkswagen and Ghana have signed an agreement to establish a vehicle assembly facility and to assess the feasibility of a modern Mobility Concept for Ghana.
[Kenya Business Week] New energy frontiers, more business deals
31-08-2018 | 06:27:00
It has been another busy week for anchor sectors in Kenya with more investors, landmark deals and strategic partnerships pointing to Kenya as the investment destination for the region.
Equatorial Guinea launches ‘Year of Energy’ drive to celebrate gains
31-08-2018 | 06:20:00
The Government of the Republic of Equatorial Guinea has launched the 2019 Year of Energy initiative, shining a light on new and innovative petroleum projects in the country.
UK announces over £300 million worth of deals with African nations
31-08-2018 | 06:10:00
UK Prime Minister Theresa May and International Trade Minister George Hollingbery led a 29-strong business delegation on their visit to South Africa, Nigeria and Kenya this week to promote economic ties with Africa.
IFC, Egypt government partner to support 100 African startups
30-08-2018 | 14:08:21
IFC, a member of the World Bank Group, and Egypt’s Ministry of Investment and International Cooperation (MIIC) have signed an agreement to support young entrepreneurs and start-ups in Africa to drive innovation and economic growth.
[Kenya] National Construction Week to support govt's big four agenda
30-08-2018 | 12:10:53
Kenya’s second National Construction Week at Kenyatta International Convention Centre from 7-9 November 2018, is set to enhance contribution of the construction industry towards the Big Four Agenda.
[Botswana] SADC receives a letter of credence from FAO
30-08-2018 | 11:03:00
The SADC Executive Secretary, Dr. Stergomena Lawrence Tax received a letter of credence to SADC from the Representative of Food & Agriculture Organization (FAO) to Botswana, Mr. Rene Czudekat the SADC Secretariat Head Offices in Gaborone, Botswana.
AU deploys Election Observation Mission to Rwanda
30-08-2018 | 09:34:00
The Chairperson of the African Union Commission, H.E. Moussa Faki Mahamat has approved the deployment of an African Union Election Observation Mission (AUEOM) in Rwanda as the country prepares to hold Parliamentary Elections from 2 to 4 September 2018.
[Kenya] USTDA expands partnership creating U.S. business opportunities
30-08-2018 | 08:01:00
USTDA’s Director of Congressional and Public Affairs, Thomas R. Hardy, joined President Uhuru Kenyatta of the Republic of Kenya at a round table discussion with U.S. businesses.
[South Africa] JSE launches online trading unit for government bonds
30-08-2018 | 07:50:00
The JSE,National Treasury (NT) and a multi-stakeholder group ave officially launched the electronic trading platform (ETP) for government bonds.
Mauritius joins Africa50
30-08-2018 | 07:00:00
Africa50, the pan-African investment platform has announced that the Republic of Mauritius has become its 30th shareholder.
[Column] Sachen Gudka: Our economy cannot withstand delayed payments
29-08-2018 | 13:52:59
Money is the bloodline of any economy, and for businesses to thrive, its steady flow and circulation are critical. Cash is king.
[Kenya] Lendable receives $4.5 million grant from Dutch government
29-08-2018 | 08:15:00
FMO is extending a convertible grant to Kenyan-based FinTech platform Lendable providing a ‘first loss’ backstop that is expected to unlock an additional $4.5 million from commercial investors.
Angola seeks $4.5 billion in financial assistance from IMF
29-08-2018 | 06:06:00
Angola is to discuss a $4.5 billion extended financial programme with International Monetary Fund, IMF, as part of the financial aid the country requested to this institution.
UK announces £20 million jobs creation programme for Ghana
29-08-2018 | 06:04:00
Minister for Africa at the Foreign and Commonwealth Office and the Department for International Development Harriett Baldwin has announced a major new jobs creation and investment programme during a visit to Ghana.
[Column] Phyllis Wakiaga: Why TVET is central to economic development
28-08-2018 | 10:33:00
The economic well being of any nation rests on the country’s ability the create sustainable jobs for all.
Kenya, US sign investment deals worth $238 million
28-08-2018 | 10:29:28
President Uhuru Kenyatta has witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged the US government to facilitate the operations of US businesses Africa.
[Botswana] China writes off loans
28-08-2018 | 07:56:55
The Embassy of the People's Republic of China has exempted the government of Botswana from payment of the three interest free loans.
Nigeria’s GDP slowed in 2018 second quarter
28-08-2018 | 07:15:54
Nigeria’s Gross Domestic Product (GDP) slowed in the second quarter of 2018, according to the National Bureau of Statistics.
US, Ghana explore cyber security partnership
24-08-2018 | 06:04:00
Senior representatives from the United States and Ghana participated in a U.S.-Ghana Cyber Study visit to facilitate stronger bilateral cooperation on cyber issues.
[Nigeria Business Week] Businesses riding the wave of technology
23-08-2018 | 20:42:00
As the business world becomes more and more technology dependent, it has become impossible to separate that technology from any kind of development. Words like ‘investment’ and ‘startup’ seem inevitably connected to ICT.
COMESA and partners commit to prevent resurgence of maritime piracy
23-08-2018 | 13:14:51
The Common Market for Eastern and Southern Africa, COMESA, the Inter-Governmental Authority on Development, the East African Community and the Indian Ocean Commission with support from the EUhave resolved to step up their efforts to ensure that piracy does not resurge.
SARS is Going After Potential Crypto Tax Evaders in South Africa
23-08-2018 | 13:06:49
In a bid to identify tax evaders, the South African Revenue Service (SARS) is actively working towards identifying and tracking various transactions carried out by cryptocurrency traders.
Investors express concern over entrenched state corruption in Angola
23-08-2018 | 10:19:35
EXX Africa has published a special report on the investment risk outlook on Angola.
[Kenya Business Week] Championing electoral reforms with blockchain
23-08-2018 | 10:08:00
Kenya’s public institutions have this week increased their investments in technology to improve service delivery and address some of the most pressing problems in a development that is receiving thumbs up from both local and international players.
NUM declares a dispute with the Minerals Council of South Africa
23-08-2018 | 08:02:23
The National Union of Mineworkers (NUM) has declared a wage dispute with the Minerals Council of South Africa.
AfDB, Namibia sign $217.8m loan for economic governance in Namibia
23-08-2018 | 06:18:00
The Government of the Republic of Namibia and the African Development Bank have signed a loan agreement worth US$ 217.8 million (ZAR 3 billion) to finance the second phase of the Namibia Economic Governance and Competitiveness Support Program.
Ghanaian Government launches ICT Innovation Project
23-08-2018 | 06:14:00
The Government of Ghana, through the Ministry of Communications, is implementing an ICT Innovation Project at the Accra Digital Centre under the eTransform Ghana Project aimed at nurturing Tech Startups to promote digital entrepreneurship and create digital jobs for the youth.
Ethiopia launches first waste-to-energy plant in Africa
22-08-2018 | 13:10:11
Ethiopia has launched the waste-to-energy facility, a first of its kind in Africa.
Export Councils drive South African economic transformation, DTI
21-08-2018 | 12:08:00
The Deputy Director-General for Trade and Investment South Africa at the Department of Trade and Industry, Ms Lerato Mataboge says export councils are key drivers for South Africa’s economic transformation and that they should be supported and prioritized.
KAM, Brand Kenya Board partner to boost local industries
21-08-2018 | 06:52:10
The Kenya Association of Manufacturers (KAM) has inked a partnership deal with Brand Kenya Board to hasten the uptake and implementation of the Made in Kenya Brand Mark
ECOWAS moves to develop regional strategies for AGOA, TIFA
20-08-2018 | 09:01:00
A Technical Working Group comprising of focal points from Directorates of the Commission of the Economic Community of West African States recommended that regional and national strategies be developed in order to optimize the African Growth and Opportunity Act.
COMESA member states have resolved 99 per cent of non-tariff barriers
20-08-2018 | 08:57:52
A total of 199 out of 204 non-tariff barriers to regional trade that have been reported among the COMESA Member States since the establishment of the Tripartite NTB Online Reporting Mechanism in 2008, have been resolved.
Madagascar launches new online investment guide
20-08-2018 | 08:03:28
The Madagascar online investment guide has been officially unveiled in Antananarivo.
UNECA asks leaders to protect Africa's intellectual property rights
20-08-2018 | 07:55:01
The Executive Secretary of the Economic Commission for Africa, Ms. Vera Songwe, addressed the 38th SADC summit in Windhoek, Namibia.
[South Africa] Institutions wage war on illicit tobacco trade
17-08-2018 | 10:46:00
The South African Revenue Service, the Tobacco Institute of Southern Africa and the Fair-trade Independent Tobacco Association have discussed how to combat illicit trade in cigarette.
Angola and Zambia sign visa waiver agreement
17-08-2018 | 06:16:52
The Angolan and Zambian have held a launch of the visa-free agreement in ordinary passports, in a simultaneous act in both countries.
ECA lauds Botswana government for growth and diversification plans
17-08-2018 | 06:12:53
The Executive Secretary of the Economic Commission for Africa Vera Songwe has commended Botswana for being one the fastest growing economies in the SADC region at about four to five percent and for its plans for diversifying the economy.
Kenya and Mediterranean Shipping Company revive National Shipping Line
17-08-2018 | 06:11:00
President Uhuru Kenyatta has witnessed the signing of an MOU between the Ministry of Transport and Infrastructure and the Mediterranean Shipping Company for the revival of the Kenya National Shipping Line.
Zambia seeks $22m in tax on internet calls
16-08-2018 | 14:23:37
Zambia expects to raise $22 million annually in new tax on internet phone calls. The cabinet approved on Monday, a 30 ngwee (0.3 kwacha; $0.03) daily tariff charged on online phone calls.
Ugandan maize lowers flour prices in Kenya to 6-year low
16-08-2018 | 13:27:45
Maize flour prices in Kenya have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western region, easing inflationary pressure.
Kenya’s ‘fruitless years’ in South Africa comes to an end
16-08-2018 | 08:32:00
South Africa’s government announced that it has lifted the decade-long ban on the importation of avocado fruits from Kenya.
Kenya rallies Africa to unite on global ICT agenda
16-08-2018 | 06:10:00
Kenya has challenged the African continent to speak with one voice at global ICT decision-making forums.