Market News

 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 . . .

 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, whi . . .

 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 operatio . . .

 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 operatio . . .

 Spanish genset manufacturer Himoinsa’s turnover in 2015 grew by 15 per cent, with strong sales figures coming in from the Middle East, Africa, Asia Pacific and Europe   While Europe emerged a key market contributing 37 per cent of the total turnover, America followed with a 26 per . . .