Africa business news

Inward foreign direct investment (FDI) flows to Africa during 2015 were estimated at between US$54-57.5bn, with some variance between sub-regions. According to The African Development Bank (AfDB), FDI in East …

An astute businessman, Kwadwo Boateng Genfi has been named as the Board Chairman of Ghana’s Exim bank. He is among eight others on the board. Speaking at the inauguration of …

South Africa had strong and growing trade and investment ties with the other Brics – Brazil, Russia, India and China – members, particularly China and India, according to a statement …

The India and Nigeria have concluded plans to forge closer cooperation for accelerated growth of Information and Communications Technology, to promote technology-based economic activities. Already, a two-day international conference and …

The Port Facility Security Assessment (PFSA) and Port Facility Security Plan (PFSP) of the Samuel Alfred Ross Port of Greenville, Republic of Liberia after an exhaustive reviewed, meets the guidelines …

STAX Inc, a strategy consultancy, says as African economies continue to grow, more opportunities will open up for Sri Lankan firms in areas such as tourism, hospitality education and green …

The underpinning fundamentals of the Namibian economy are stronger today than they were a year ago. President Hage Geingob said this during a media briefing yesterday, where he noted that …

Efficient transport networks enable access to goods, services and opportunities. Globally, countries invest in total between US$1.4-2.1tn annually in transport infrastructure to meet the demand for mobility and connectivity. The …

A former Nigerian President, Olusegun Obasanjo, on Wednesday, said Lagos will become Africa’s third largest economy in a very short time. Mr. Obasanjo made this known at the book launch …

Government has inaugurated a nine-member Board to steer affairs at the Ghana Export-Import Bank (EXIM Bank) with a charge to members to pursue an export-led agenda to help restructure the …