Market News
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Demand for Wood in Africa Could Triple by 2050
Posted on :Wednesday , 7th October 2015
The demand for forest products and services in Africa is growing rapidly, fuelled by a growing population and an expanding economy. By 2050, domestic demand for industrial roundwood could double or even triple from the current annual level of 96.2 million m3 found a report released today by the United Nations Environment Programme (UNEP).
Such pressure, coupled with the encroachment o. . .Kilwa residents earn 361m/- from timber exports
Posted on :Monday , 26th January 2015
In a statement, Mpingo Conservation and Development Initiative (MCDI) said nine communities set aside 100,000 hectares of village natural forests with sustainable harvesting for exports.
“MCDI also supported seven communities in the nearby Liwale and Tunduru districts to reserve 80,000 hectares of forest in 2014,” the statement said.
Africa: World Wood Production Up for Fourth Year - Paper Stagnant As Electronic Publishing Grows - UN Report
Posted on :Monday , 22nd December 2014
Continuing steady growth in 2013 for the fourth consecutive year, global wood production has fully recovered from the economic downturn of 2008-2009, though production of pulp and paper stagnated largely due to a decline in consumption in China, data released by the Unite. . .
Kenya the Best Place to Invest, Says Kirubi
Posted on :Monday , 24th November 2014
Nairobi — "If the truth is to be told, Kenya is the best place in the world to invest in. This is a country where wealth is made. In the western world, you are shuffling money which is creating no wealth," Businessman Dr Chris Kirubi tells over 300 investo. . .
Safcol aims at exports to China, India to counter rising costs
Posted on :Saturday , 4th October 2014
THE state-run South African Forestry Company (Safcol) aims to start exporting to high-growth countries such as India and China to counteract rising costs and the renewed land claims threat in South Africa.
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