South Africa: FDI Reach 5-Year High in 2018
According to the South African Central Bank, foreign direct investment reached 70.7 billion rand or 4.8 billion dollars in 2018 compared to 26 billion rand the previous year. President Ramaphosa promised to attract up...
South Africa Brics Business Council Has Been Structured Again
Trade Minister of South Africa Rob Davies told that, "it is such a requirement for five membered SA BRICS Business Council to be involved in organized business environment in South Africa.
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One More to Go: Au Celebrates Ethiopia’s Ratification of AfCfta
Ethiopia’s parliament on Thursday approved the membership of the country into the Africa Continental Free Trade Agreement (AfCFTA), bringing the number of ratifications across the continent to 21.
The African Union Commissioner for Trade and...
Ghana Airline Is Close to an Order for Comac’s ARJ21 Regional Jet
Chinese planemaker Comac is nearing an order from an airline in Ghana, a rare advance overseas for the state-owned company as it attempts to become a real challenger to Boeing and Airbus.
Africa World Airlines,...
For Africa, Chinese-Built Internet Is Better Than No Internet at All
The Chinese telecommunications company Huawei has made huge inroads in Africa in recent years even as the United States urges its allies around the world to avoid working with the firm over cybersecurity concerns....
India-Africa: Ways to Boost Trade Volume
African and Indian policymakers and investors are working to strengthen trade at the 14th India-Africa Conclave, which is currently taking place in New Delhi.
The goal: an increase in the volume of bilateral trade between...
Investment in Rwanda Hits $2 Billion
Rwanda is attracting a growing number of investors, with more than 2 billion dollars invested in the country since the beginning of this year.
It is now one of the most attractive economies on the...
Zambian President Calls for Boosting Intra-African Trade
Zambian President Edgar Lungu on Monday stressed the need for African countries to trade more between them before turning to the outside world, local media reports. He made the remarks during a meeting with...
Germany’ Efforts to Hold in Africa
How to evaluate the fact that Germany has focused on Africa since 2017, knowing that it is third in the world regarding foreign trade and second for import? What is the place it occupies...
Absa Restructures Investment Bank to Sharpen African Focus
Absa Group Ltd. renewed the senior management of the corporate and investment banking unit to generate more revenue from its operations in Africa. Absa will target customers in mining and minerals, agriculture, energy and...
