The Minister of Trade and Industry, Dr Rob Davies (MP), launched the South African Nuclear Energy Corporation (NECSA) Tooling Centre of Excellence in Phelindaba, Pretoria, on 10 November 2014. The launch was held in partnership with the National Tooling Initiative (NTI) and NECSA. The minister said the tooling sector has been identified by the Department of Trade and Industry (Read more »
Posted on : Tuesday , 3rd February 2015
DAR ES SALAAM, Tanzania – The World Bank has said Tanzania’s tourism revenues could bulge four times from $4.48 billion in 2013 to $16 billion annually by 2025 if share benefits from the industry are equitably and evenly distributed to local participation but with quality.
Posted on : Tuesday , 3rd February 2015
DAR ES SALAAM, Tanzania - The number of foreign investors in the country has increased dramatically, following the launch of the East Africa Stock Exchange (EASE) market in September last year,.
Posted on : Tuesday , 3rd February 2015
Africa still accounts for a very low share of global manufacturing value-added (MVA) and global manufacturing exports (1.1 percent and 1.3 percent respectively in 2008). Even more worrying is that Africa's share of global low-technology manufacturing exports, a sector where it should have immediate comparative advantages, fell from 1.5 percent in 2000 to 1.3 percent .... Read more » Posted on : Tuesday , 3rd February 2015
In a special issue of its Economic Development in Africa Report this year, the United Nations Conference on Trade and Development (UNCTAD) collaborated with the United Nations Industrial Organization (UNIDO) to delineate strategies and policy options for Africa to foster its industrial development in the new global environment. The report advocates for African countr.... Read more » Posted on : Tuesday , 3rd February 2015
Kenya Pipeline Company’s (KPC)fuel terminal in Nairobi is set to undergo a US$ 52m expansion involving construction of a 450-kilometre pipeline to enable it hold extra petroleum products once the new Mombasa pipeline starts functioning in 2016. It will be completed within 24 months according to Jacinta Sekou, a KPC’s spokesperson.
Posted on : Tuesday , 3rd February 2015
Construction of the US$2 billion Bellara steel complex construction will kick off in the first quarter of this year 2015 in Jijel East of Algeria, the prefect of Jijel, Ali Bedrici has said.
Posted on : Tuesday , 3rd February 2015
SA’s TRADE balance switched from a deficit into a surplus in December as export growth outpaced imports, fuelling optimism that cheaper oil is going to help narrow the current account deficit this year.
Posted on : Monday , 2nd February 2015
Egypt is considering importing natural gas from Israel as a delegation from American oil firm Noble Energy has traveled to the North African country for talks over the issue, sources say.
Posted on : Monday , 2nd February 2015
Posted on : Monday , 2nd February 2015
The oil and gas sector is set to see increased deal activity across the world as a result of low oil prices, the latest report from consulting firm AT Kearney showed.
Posted on : Monday , 2nd February 2015
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa’s developme.... Read more » Posted on : Monday , 2nd February 2015
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