Market News
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Economic growth in Africa will exceed five per cent in 2015-16
Posted on :Thursday , 9th October 2014
Despite weaker than expected global growth and stable or declining commodity prices, African economies continue to expand at a moderately rapid pace, with regional GDP growth projected to strengthen to 5.2 percent yearly in 2015-16 from 4.6 percent in 2014, according to a recent World Bank report.
Significant public investment in infrastructure, increased agricultural production. . .
Kenya ranks high in attracting foreign direct investment
Posted on :Wednesday , 8th October 2014
Kenya ranks among the leading Foreign Direct Investment (FDI) destinations in Africa, the United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi has said. Dr Kituyi said Nigeria and Ethiopia complete the list of the most attractive investments destinations for foreign capital on the continent. Launching the World Investment Report 2014 in Nairobi, Dr Kituyi la. . .
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Mineral beneficiation, industrialisation key to development�
Posted on :Monday , 6th October 2014
JOHANNESBURG (miningweekly.com) – The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nenetold the Centre for Education In Economics and Finance (CEEF).
Resource-endowed countries that had failed to move up the value chain ha. . .
African chemicals industry has growth potential
Posted on :Monday , 6th October 2014
Despite South Africa having the largest and most sophisticated chemicals industry in Africa, estimated at $30-billion, it only contributes about 1% to the global market, says global growth consulting firm Frost & Sullivan chemicals, materials and food industry analyst Dilshaad Booley.
However, Booley notes that the South African chemicals industry is expected to have m. . .
Italy to East Africa: We are here to invest and help expand industries
Posted on :Monday , 29th September 2014
Italy rarely, if ever, features on the list of countries with a big presence in the East African region. Not anymore. Italy’s Minister of Economy and Finance was in Kigali and spoke to The EastAfrican’s BERNA NAMATA on the renewed interest in the region.
There is growing interest from Italy — we recently launched the Italy-African initiative to intensify ties a. . .Please Select an Option
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