Market News
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INDIAN EXPORTERS -NEW STRATEGY TO TAP THE EAST AFRICAN MARKET
Posted on :Monday , 29th December 2014
It is high time Indian exporters and investors turned their attention to the five countries in the East African Community, which is surging ahead with reforms and has become the second fastest economic bloc in the world
The realisation of a large regional economic bloc with a combined population of more than 141.1 million people, land area of 1.82 million sq.km and a combined Gr. . .Africa To Be A Major Market To Help Achieve the 2 Billion Target
Posted on :Monday , 29th December 2014
The company aims to add 1 billion new customers by 2020, so as to double its existing user base. The majority of the growth is expected to come from emerging nations like Asia, Africa, and Latin America. We believe Africa will play a pivotal role in L’Oreal’s expansion plan. The Middle East and Africa segment is the fastest growing geographical segment for L’Oreal (appro. . .
DUBAI\'S COMPANY BUYING $300 MLN STAKE IN AFRICAN INDUSTRY
Posted on :Monday , 29th December 2014
Investment Corp of Dubai has agreed to buy a 300 million dollar stake in Dangote Cement.
AFRICA STRENGTHENS TIES WITH CHINA
Posted on :Saturday , 27th December 2014
Africa’s Transnet and Chinese manufacturer CSR Zhuzhou Electric Locomotive (CSR) signed a Memorandum of Understanding (MoU).
This was part of South African president Jacob Zuma’s state visit to assist trade between the two countries.
“Today’s MoU paves the way for Transnet to conclude agreements with CSR to set up manufacturing facilities in South . . .
Multinationals Manufacturing Companies attracted to Africa
Posted on :Saturday , 27th December 2014
According to Ernst and Young 2014 Africa attractiveness survey, Kenya ranks third after Nigeria and South Africa as the most attractive in the region. The three are said to attract 40 per cent of the total foreign direct investments in the region. Fernando de Sousa General Manager Africa Initiatives at Microsoft j. . .
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