Market News

 The secret behind becoming prosperous, ensuring a turnaround in lifestyle, among others, resides in spurring industrial development. Although many developing countries envisage to become industry hubs, they fail to adopt the right policies and strategies. Constrained by lack of financial muscl . . .

A China-Africa industrial capacity cooperation fund, designed to aid Africa's development, is now active, China's central bank said Thursday.   The fund, with an initial capital of 10 billion U.S. dollars, will mainly invest in sectors like manufacturing, hi-tech, agriculture, energy, infrast . . .

 The government of Cameroon hosted a distinguished group of business leaders in Yaoundé for a high-level investment mission from 8-10 December 2015 PhilmonYang cameroonPhilémon Yang, Prime Minister of Cameroon. (Image source: DMA) The mission is being organised by DMA and provid . . .

 The introduction of banks in Ethiopia goes back hundred years. All along the road the so introduced banks have carried out a range of business transactions, contributing a lot to the country's socio-economic development. Strengthening these institutions is not only promoting trade and investme . . .

 Members of the World Trade Organisation (WTO) concluded their tenth ministerial conference in Nairobi recently by securing an agreement on a series of trade initiatives.   The Nairobi package contains a series of six ministerial decisions on agriculture, cotton and issues related to lea . . .