Market News

A China-Africa industrial capacity cooperation fund, designed to aid Africa's development, is now active, China's central bank said Thursday.   The fund, with an initial capital of 10 billion U.S. dollars, will mainly invest in sectors like manufacturing, hi-tech, agriculture, energy, infrast . . .

 The government of Cameroon hosted a distinguished group of business leaders in Yaoundé for a high-level investment mission from 8-10 December 2015 PhilmonYang cameroonPhilémon Yang, Prime Minister of Cameroon. (Image source: DMA) The mission is being organised by DMA and provid . . .

 The introduction of banks in Ethiopia goes back hundred years. All along the road the so introduced banks have carried out a range of business transactions, contributing a lot to the country's socio-economic development. Strengthening these institutions is not only promoting trade and investme . . .

 Trade is growing in the entire region, including Kenya. Kenya's GDP is approximated to hit 15% by the turn of the year. With the recent tripartite agreements that our African presidents have signed, markets in South, East, West, and North Africa will begin to harness their energy towards intra . . .

 Members of the World Trade Organisation (WTO) concluded their tenth ministerial conference in Nairobi recently by securing an agreement on a series of trade initiatives.   The Nairobi package contains a series of six ministerial decisions on agriculture, cotton and issues related to lea . . .