Market News
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East Africa attracts more investors as rest of continent suffer
Posted on :Thursday , 3rd November 2016
The Foreign Direct Investment, FDI, to East Africa grew last year despite an overall drop across Africa from $87 billion to $66.5 billion.
A new report by Analyse Africa, a data service of the Financial Times shows 705 projects were supported by foreign investors across the continent in 2015 with infrastructure taking about 44 per cent of the inflows. The thre. . .Kenyan Investors Are Welcome to Tanzania
Posted on :Wednesday , 2nd November 2016
President John Magufuli has assured Kenyans who wish to invest in Tanzania to come and establish businesses, dismissing claims that his administration has been frustrating Kenyan traders and ignoring issues concerning the Ea. . .
Tanzania: Moroccan Investors Invited in Key Sectors
Posted on :Wednesday , 26th October 2016
Minister for Industries, Trade and Investments, Mr Charles Mwijage has called Moroccan investors to direct their capital in agriculture and development of industries in the country.
Mr Mwijage was speaking amid the ongoing three-day state visit of Moroccan King, Mohamed VI in the country. He said his visit to Tanzania is set to boost bilateral investment and s. . .Chinese Investment Into Africa Soars in 2016
Posted on :Tuesday , 25th October 2016
China's investment into Africa continues to rise, with a significant increase so far in 2016 on last year's total, reports Simon Curtis. According to greenfield investment monitor fDi Markets, China-sourced capital expenditure into Africa has experienced a dramatic increase in 2016 from 2015 figures, with five months of data to record and publish remaining. Additionally, the number of inv. . .
Tanzania: Affordable Air Travel to Boost African Economic Growth
Posted on :Tuesday , 25th October 2016
FASTJET Chief Executive Officer (CEO), Mr Nico Bezuidenhout has urged travel agencies to offer more affordable air travel so as to enable entrepreneurs, tourists and other visitors to travel within Africa and boosts the continent's economy.
He said more affordable air travel enable movements of people within the continent and thus easier business transactions . . .Please Select an Option
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