Market News
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Africa: AU in Plans to Set Up Free Trade Area
Posted on :Friday , 5th February 2016
The African Union's Commissioner for Trade and Industry Fatima Acyl has called for structural transformation to create jobs that will improve the wellbeing of the African people.
Ms Acyl, who was speaking at a meeting in Addis last week, before the African Union summit, said the backbone of the AU's industrial transformation plan is the African Mining Vision, . . .Africa sole continent likely to achieve double-digit economic growth by 2025
Posted on :Friday , 5th February 2016
Africa is set to become the second fastest growing continent by 2025, with GDP set to touch US$4.5 trillion
joburgdevelopment paulsaad flickrRapid urbanisation could lead to several Africans living and working in large cities.A Frost and Sullivan report, in the form of a video titled Mega Trends in Africa, states that urbanisation, mobility, infrastructure, na. . .Tanzania Plans $10bn Mega-Port
Posted on :Monday , 1st February 2016
In a bid to transform Bangamoyo, Tanzania into a regional trade and logistics hub, the Tanzanian government has secured investments totalling $10 billion to build a mega-port, according to Tuscor Lloyds.
The project has received around $10.7 billion in finance from China and Oman, which will be used to develop port facilities in order to boost Bagamoyo’s. . .East Africa and China deepen ties, sign trade agreement
Posted on :Friday , 29th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016The trade zone is expected to cover an area of . . .East Africa and China deepen ties, sign trade agreement
Posted on :Friday , 29th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016The trade zone is expected to cover an area of . . .Please Select an Option
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