Ethiopia: Addis Ababa-Djibouti Railway Officially Completed, Creating High Speed Link Between Djibouti and Ethiopia

Posted on :Thursday , 12th January 2017

 The completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia's capital with the Port of Djibouti, was officially marked today at a ceremony at Nagad Railway Station in Djibouti.

East Africa: Uganda President Pushes for Ban On Importation of Vehicles

Posted on :Tuesday , 29th November 2016

Kampala — East African Community (EAC) member states are spearheading a proposal to ban the importation of cars from outside countries.

CHINA’S KEEN INTEREST IN THE AFRICAN AUTOMOTIVE MARKET

Posted on :Monday , 28th November 2016

  The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new units sold in 2016.

AFRICA - THE NEXT GROWTH MARKET

Posted on :Thursday , 24th November 2016

Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substanti. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .