Market News
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East Africa Improves in Investment Destination Ranking
Posted on :Saturday , 31st October 2015
Uganda's move to allow online registration of businesses, make faster electricity connections and expand access to credit information, have improved the country as an investment destination.
This is according to the World Bank Doing Business Report 2016, released on Wednesday. Uganda jumped 13 places from 132 to 122 out of 189 economies surveyed in the last 12. . .African Business in the World-Class Space
Posted on :Wednesday , 28th October 2015
Africa is a continent on the move. This Fall Frontier 100 Forum celebrates the dynamism and growing importance of African business — not only on the continent — but also in the global sphere. The rising influence of homegrown African businesses in the global economy reflects the changing realities on the ground. In 2014, Africa accounted for 9 of the world’s 15 fastest-g. . .
Africa: Harnessing Foreign Direct Investment
Posted on :Wednesday , 28th October 2015
Dubbed the new investment frontier, Africa’s attractiveness is becoming more visible to large corporations, institutions and investors.
Reflecting this, foreign investment (FDI) flows have grown exponentially since the turn of the millennium. Countries such as South Africa, Nigeria, Kenya, Egypt and Morocco are leading the way.. . .U.S. Supports Trade and Investment in East Africa
Posted on :Monday , 26th October 2015
U.S. Ambassador to Ethiopia Patricia M. Haslach
joined President Mulatu Teshome at the Origin Africa presents: Africa Sourcing and FashionWeek trade expo to promote East African countries as sourcing and investment destinations forinternational buyers of apparel, textile, leather, and home decor. The United States Agency forInternational De. . .East Africa: Banks to increase credit towards development of manufacturing sector
Posted on :Monday , 26th October 2015
According to the Bank of Tanzania (BoT) monthly economic review, strong credit was extended to manufacturing, hotels and restaurants and transport and communication activities.
During the month under review, credit extended to agriculture increased to 12.9 per cent compared to 6.0 per cent in July and 2.0 per cent in the corresponding period year before.. . .Please Select an Option
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