Market News
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East Africa foreign investments grow by 11 per cent
Posted on :Wednesday , 14th October 2015
Foreign Direct investment (FDI) in East Africa grew by 11 percent between 2013 and 2014 buoyed by regional integration, an economic insight reveals.
The report released by the Institute of Chartered Accountants in England and Wales (ICAEW) received in Nairobi attributes surge in FDI in the region to efforts for closer regional integration in the East African Community (EAC), which has. . .East Africans planning to fast track integration of capital markets
Posted on :Wednesday , 14th October 2015
The East African Community (EAC) member states are fast tracking the integration of the capital markets in order market the region as a single investment destination, Kenyan officials have confirmed. The Capital Markets Authority (CMA) Acting CEO Paul Muthaura said there is a clear road map for the harmonization of legal frameworks of the five EAC member states.
&qu. . .Chinese Steel Manufacturer Expresses Confidence in Buhari\'s Govt
Posted on :Tuesday , 13th October 2015
The management of HongXing Steel Company, a Chinese steel manufacturing company based in Lagos, has expressed confidence in the President Muhammadu Buhari's government.
Speaking during a factory tour at the company in Lagos at the weekend, the Managing Director of HongXing Steel Company, Mr. Andy Hu, urged Nigerians to support the federal government in its bid to di. . .Africa: Calls for Industrialisation
Posted on :Friday , 9th October 2015
"History is built around achievement and creation; and nothing was created in the West Indies" - VS Naipaul.
The Trinidad-born Nobel Prize-winning British writer VS Naipaul's observation should serve as a reminder to many African societies who should know by now that history is usually hinged on creation.Why then has i. . .The East African Community is open to Industrialization
Posted on :Wednesday , 7th October 2015
The East African Community is one of the most vibrant economic blocs on the African continent. With more than 150 million citizens, the five countries that make up the EAC, Rwanda, Kenya, Uganda,
Burundi and Tanzania, are benefitting enormously from the integration brought about by the formationof the community. We have seen remarkable progress in achiev. . .Please Select an Option
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