DRC exports could suffer because of AGOA decision Published by Claude Harding on 2 January 2011 The Democratic Republic of Congo (DRC) has lost its status as a beneficiary country under the African Growth and Opportunity Act (AGOA), effective 1 January 2011.
Biofuels can play important role in boosting economic growth Published by Nermin Musovic on 31 December 2010 Biofuels production has the potential to boost economic growth in Africa, according to Giovanni Venturini, a partner at Agroils Srl
Nigeria: AMCON set to close N1.4trn banks’ capital shortfall Published by Staff Writer on 31 December 2010 Nine of the ten banks the Central Bank of Nigeria (CBN) rescued in 2008 will see their capital shortfall of N1.4 trillion closed today.
Regional economic blocs set for New Year integration talks Published by Staff Writer on 30 December 2010 Three African regional blocks are set to convene in the early weeks of January 2011 to deliberate on trade related issues as well as increased integration and co-operation.
Europe ‘big freeze’ has little impact on Tanzania tourist arrivals Published by Staff Writer on 30 December 2010 Tourists arrivals in Dar es Salaam, the country’s eastern tourism hub, have not been affected by flights cancellations in Europe caused by extreme cold weather, stakeholders have said.
Kenya doubles cotton yield amid price volatility Published by Staff Writer on 30 December 2010 Kenya’s cotton production has doubled this year, slightly reducing the country’s exposure to volatile international prices, new data shows.
Record number of South Africans holiday in Mozambique Published by Staff Writer on 30 December 2010 A record number of people crossed South Africa’s Komatipoort border with Mozambique this festive season, state media reported Thursday.
Nigeria: Analysts advise government to sell refineries Published by Staff Writer on 30 December 2010 Miffed by government’s incessant interference in the operations of the nation’s four refineries, industry analysts have again canvassed for their immediate sale.
Gold production in Tanzania receives a boost Published by Staff Writer on 30 December 2010 The International Finance Corporation (IFC) has financed Helio Resources Corp to complete a 20,000 metre, two-rig drill programme in search for gold in south west of the country.
Egypt to start importing meat from Kenya Published by Staff Writer on 30 December 2010 Egypt will soon start importing meat from Kenya and increase tea imports, following successful discussions with a Kenyan delegation.
Zimbabwe pins hopes on mining sector to revive economy Published by Scott Bobb on 29 December 2010 Zimbabwe’s power-sharing government is trying to revive an economy crippled by low productivity, high unemployment and a lack of foreign investment. One focus of attention is the country’s mining industry.
Illovo and its Mali sugar project Published by Claude Harding on 21 December 2010 South Africa’s Illovo Sugar is the strategic partner in a 190,000 tons per annum sugar project to be established in Mali.
Indigenisation reports from Zim should be viewed with pinch of salt Published by Imara Africa Securities team on 20 December 2010 Investors should view reports about Zimbabwe’s indigenisation laws with a pinch of salt, given what is at times a disconnect between the reality on the ground and newspaper headlines.
Toshiba to start manufacturing TVs in Egypt Published by Claude Harding on 19 December 2010 Japan’s Toshiba Corporation last week announced that it is reinforcing its TV business in the Middle East and Africa
