Market News

East Africa: Intra-African Trade Rises As Market Access Between Blocs Improves
East Africa: Intra-African Trade Rises As Market Access Between Blocs Improves
1 September 2015

 Intra-African trade increased by 50 per cent to $61 billion between 2010 and 2013, according to recent data released by the African Development Bank.   The rise is attributed to improved market access and a strong growth in re-exports among African countries.   The increase marks . . .

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Africa: Cross border trade coordination enhancing industrilization
Africa: Cross border trade coordination enhancing industrilization
1 September 2015

 Namibia’s Information and Communication Technology Minister Tjekero Tweya and South Africa’s Communications Minister Faith Muthambi this week formulated a coordination arrangement regarding the countries’ respective digital terrestrial television migration projects. Print Sen . . .

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Africa develops Special Economic Growth Engines Towards Industrialisation & Regional Development
Africa develops Special Economic Growth Engines Towards Industrialisation & Regional Development
3 February 2015

 Special Economic Zones (SEZs) are progressively becoming a policy tool of choice for governments to attract foreign investment to promote export oriented economy and growth, thus creating employment opportunities. Globally, there is a major shift in economic policies in developing countries wh . . .

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Africa: NECSA Tooling Centre of Excellence Launched
Africa: NECSA Tooling Centre of Excellence Launched
3 February 2015

 The Minister of Trade and Industry, Dr Rob Davies (MP), launched the South African Nuclear Energy Corporation (NECSA) Tooling Centre of Excellence in Phelindaba, Pretoria, on 10 November 2014. The launch was held in partnership with the National Tooling Initiative (NTI) and NECSA. The minister . . .

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Manufacturing development a boost to industrilization in Africa
Manufacturing development a boost to industrilization in Africa
3 February 2015

 Africa still accounts for a very low share of global manufacturing value-added (MVA) and global manufacturing exports (1.1 percent and 1.3 percent respectively in 2008). Even more worrying is that Africa's share of global low-technology manufacturing exports, a sector where it should have imme . . .

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