Africa information and Business Directory
The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55 billion-crude export pipeline that would pump Ugandan oil for international markets. The …
Uganda, Tanzania start work on construction of $3.5BN oil pipeline Read More
“It, therefore, has no business importing rice to the value of $400 million annually. “Ghana absolutely has no business at all importing rice. You are spending US$400 million a year …
Ghana’s high rice imports…AfDB decries $400m annual bill Read More
South Africa’s new vehicle sales grew 4.1% in July with a total of 46 719 units sold, reports the National Association of Automobile Manufacturers of South Africa (Naamsa). The biggest …
SA car sales: Vehicle exports to rise Read More
A few years after extreme drought forced South Africa to import 2.2 million tonnes of corn the country is set to return to being a net exporter of the grain …
South Africa on track for historically large corn crop Read More
South Africa’s industry, the largest of its kind in Africa, is highly complex and widely diverse, spanning fuel and plastics fabrication to pharmaceuticals. It is of substantial significance to the …
South Africa’s chemicals industry Read More
Non-oil private-sector growth in Egypt, north Africa’s largest economy, rose in July, lifted by a rise in new export orders, according to the latest purchasing managers’ index produced by IHS …
Egypt’s PMI rises in July by exports, bring a halt to 21 month decline in orders Read More
National Chairman of the All Progressives Congress (APC), John Odigie-Oyegun has said that the diversification efforts of the President Muhammadu Buhari administration, will be evident in a few years as …
Nigeria will be Africa’s industrial hub in few years – Oyegun Read More
In efforts to diversify the nation’s economy from the oil to non-oil sectors like agriculture and solid minerals, the Federal Government has set a target of 500,000 metric tonnes (MT) …
Nigeria: Government Targets 500,000 Metric Tonnes Cocoa Production By 2021 Read More
As the 2017 BRICS summit draws near, young Brazilian businessman Marcos Caldeira is filled with anticipation. “The BRICS Summit will further strengthen trade between Brazil and China and is a …
Businessmen eye trade boom in BRICS countries Read More
The high-profile Desertec initiative, conceived with 19 shareholders and a budget of €400 billion, flopped amid cost concerns and political instability across North Africa. Now a massive project in Tunisia …
Giant Tunisian desert solar project aims to power EU Read More