Market News
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East Africa emerges as a trade hub
Posted on :Friday , 4th September 2015
East Africa is emerging as a trade hub to rival sub-Saharan Africa’s two heavyweight states of South Africa and Nigeria, according to analysis by Barclays published on Thursday.
However the UK bank identifies five “sleeping giants” that present significant new opportunities for foreign companies; Ethiopia, the Democratic Republic of Congo, Mozambique, Tanzania . . .
East Africa: Intra-African Trade Rises As Market Access Between Blocs Improves
Posted on :Tuesday , 1st September 2015
Intra-African trade increased by 50 per cent to $61 billion between 2010 and 2013, according to recent data released by the African Development Bank.
The rise is attributed to improved market access and a strong growth in re-exports among African countries.The increase marks a strategic shift in internal trade on the continent, . . .
Africa: Cross border trade coordination enhancing industrilization
Posted on :Tuesday , 1st September 2015
Namibia’s Information and Communication Technology Minister Tjekero Tweya and South Africa’s Communications Minister Faith Muthambi this week formulated a coordination arrangement regarding the countries’ respective digital terrestrial television migration projects. Print Send to Friend The cooperation and coordination arrangement would see a joint task team established . . .
Africa develops Special Economic Growth Engines Towards Industrialisation & Regional Development
Posted on :Tuesday , 3rd February 2015
Special Economic Zones (SEZs) are progressively becoming a policy tool of choice for governments to attract foreign investment to promote export oriented economy and growth, thus creating employment opportunities. Globally, there is a major shift in economic policies in developing countries which attempt to i. . .
Africa: NECSA Tooling Centre of Excellence Launched
Posted on :Tuesday , 3rd February 2015
The Minister of Trade and Industry, Dr Rob Davies (MP), launched the South African Nuclear Energy Corporation (NECSA) Tooling Centre of Excellence in Phelindaba, Pretoria, on 10 November 2014. The launch was held in partnership with the National Tooling Initiative (NTI) and NECSA. The minister said the toolin. . .
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