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Market News

  • Africa: Rwanda Showing Risk-Averse Companies Africa's Investment Potential

    Posted on :Thursday , 4th August 2016

     Rwanda is one of the few nations bridging the gap between foreign investors and Africa, as increasingly positive actions are taken in the continent, economic myths will continue to be debunked.

    Foreign investors are frequently prone to basing decisions on their perception of a market, in the case of the Africa, these often lead to misconceptions such as a reliance on aid to impr. . .

  • Tanzania: Microfinance Sector Vital for Growth

    Posted on :Tuesday , 2nd August 2016

     The micro-finance industry in Tanzania plays a big role in bringing equality to all citizens especially the financially underserved population in the rural areas.

    Africa won't fall back into 1990s-style debt trap: AfDB

    Posted on :Tuesday , 31st May 2016

    Africa is unlikely to fall into the type of unsustainable debt trap seen in the 1990s despite a spike in borrowing and widening budget deficits, the African Development Bank (AfDB) said on Monday.

    Falling commodity prices and slowing global growth have hammered African economies in the past year, prompting many governments to sharply increase borrowing, drawing comparisons with t. . .

  • U.S.$2 Million Mosquito Net Factory Opens In Uganda

    Posted on :Tuesday , 12th April 2016

    Kampala — Trade minister Amelia Kyambadde has commissioned a $2.3m (Shs7.82b) mosquito net factory with an annual production capacity of three million insecticide-treated mosquito nets.

     
    Located in Luzira Industrial Park, M/s Sino Africa Medical Devices Company Limited in partnership with the Tianjin Yorkool International Co Limited manufactures polyester insec. . .

  • Nigeria: U.S.$44 Million Owerri Mall to Give Huge Boost to Retail Sector

    Posted on :Tuesday , 29th March 2016

    The Nigerian retail sector is taking a big leap forward, with the unveiling of Owerri Mall in the Imo State capital - courtesy of a South African-based property developer - Resilient Africa.

     
    The property, located at Egbu Road, housing 45 trading outfits including Shoprite was commissioned last week by the Imo state Governor, Rochas Okorocha.
     
    . . .

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