Market News
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Kenya ranks high in attracting foreign direct investment
Posted on :Wednesday , 8th October 2014
Kenya ranks among the leading Foreign Direct Investment (FDI) destinations in Africa, the United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi has said. Dr Kituyi said Nigeria and Ethiopia complete the list of the most attractive investments destinations for foreign capital on the continent. Launching the World Investment Report 2014 in Nairobi, Dr Kituyi la. . .
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Mineral beneficiation, industrialisation key to development�
Posted on :Monday , 6th October 2014
JOHANNESBURG (miningweekly.com) – The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nenetold the Centre for Education In Economics and Finance (CEEF).
Resource-endowed countries that had failed to move up the value chain ha. . .
African chemicals industry has growth potential
Posted on :Monday , 6th October 2014
Despite South Africa having the largest and most sophisticated chemicals industry in Africa, estimated at $30-billion, it only contributes about 1% to the global market, says global growth consulting firm Frost & Sullivan chemicals, materials and food industry analyst Dilshaad Booley.
However, Booley notes that the South African chemicals industry is expected to have m. . .
Italy to East Africa: We are here to invest and help expand industries
Posted on :Monday , 29th September 2014
Italy rarely, if ever, features on the list of countries with a big presence in the East African region. Not anymore. Italy’s Minister of Economy and Finance was in Kigali and spoke to The EastAfrican’s BERNA NAMATA on the renewed interest in the region.
There is growing interest from Italy — we recently launched the Italy-African initiative to intensify ties a. . .
EAST AFRICA : Meet the market movers
Posted on :Monday , 29th September 2014
The rapid growth of East Africa's 150-million strong population has seen housing stocks come under pressure, prompting construction firms to embark on ambitious projects in a bid to close the deficit.
With GDP up by an average of 5% across the region in 2012, commercial and residential construction is pushing up sales of East Africa's steel products, whi. . .Please Select an Option
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