Africa information and Business Directory
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
Tanzania Ports Authority (TPA) has plans to construct an extensive dry port at Katosho, Kigoma. The port will be termed as one among the biggest investment made by the authority …
Tanzania Ports Authority to construct extensive dry port at Katosho Read More
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 …
Foreign direct investment in African economies within global financial markets Read More
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 …
Entrepreneur Boateng Gemfi leads Exim Bank Read More
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 …
Bric trade expands to R4 trillion – dti Read More
Southern Africa is most likely sitting on massive natural gas reserves of more than 600 trillion cubic feet which the region must exploit to reduce a heavy reliance on biomass …
‘Sadc region sitting on massive gas reserves’ Read More
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 …
India partners with Nigeria to promote ICT Growth Read More
China saw substantial growth in transport vehicle exports to Africa in the first six months of 2017 thanks to a recovery in terms of trade with the continent, the Ministry …
China sees transport vehicle export growth to Africa Read More