Market News
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Special economic zones \'to support industrialisation\'
Posted on :Tuesday , 13th January 2015
The designation of special economic zones (SEZs) will support a broader-based industrialisation growth path in South Africa, while helping the country achieve the objectives of the National Development Plan (NDP), says Trade and Industry Minister Rob Davies.
Speaking at the tabling of the Special Economic Zones Bill before the National Council of Provinces (NCOP) in Cape Town on. . .Africa�s newest Industrial Development Zone
Posted on :Tuesday , 13th January 2015
The Dube TradePort in the South African port city of Durban is now officially an Industrial Development Zone (IDZ), joining three other similar economic zones spread out across the country.
President Jacob Zuma on Tuesday, 7 October, handed over an IDZ operator licence to the Dube TradePort Corporation for the precinct, which has already attracted investments worth nearly R1-bil. . .India aims to boost investment in Africa
Posted on :Tuesday , 13th January 2015
India aims to boost investment in industrial, economic and social sectors of Africa as the 54-nation continent tries to ramp up development to alleviate poverty, the UN General Assembly was told Friday.
"Scaled-up investments in infrastructure, both economic and social, as well as in productive capacity for industrial development are needed," Amit Narang, a Counsellor . . .Africa:International investors find private equity investment effective
Posted on :Thursday , 8th January 2015
Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions. Now, the industry hopes to unlock billions of dollars held in African pension funds to dramatically increase the resources available for investment.
Some international investors have found priv. . .A new era of investment in Africa
Posted on :Thursday , 8th January 2015
A scale weighing China's outward direct investments across the globe currently tilts heavily toward Asia, at a whopping 70 percent of total volume by 2013, most of which was poured into Hong Kong.
Africa, on the other hand, received less than 5 percent of China's total ODI, at $3.37 billion.But with massive infrastructure projects being planned throughout Africa, su. . .Please Select an Option
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