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Saudi, UAE growth forecasts raised for 2015, cut for 2016
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| Dubai: Analysts have raised their forecasts for this year’s growth in the two biggest Gulf Arab economies but cut predictions for next year because of the outlook for oil output, according to a Reuters poll published on Thursday.
Oil-pRead More... |
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Dubai first outside Asia to host major China awards ceremony
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| The growing ties between Dubai and China will once again be in the spotlight as the emirate is set to welcome 6,000 members of the worldwide Chinese insurance and financial industry to a prestigious awards ceremony, which will be held for the first tRead More... |
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Regional power integration the way to go
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| SUB-Saharan African nations need to integrate their power-distribution systems to help meet the region’s increasing energy needs, says Black & Veatch chief financial officer Karen Daniel.
"The integration of the delivery of power iRead More... |
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Business booms for African sites dedicated to used goods
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| The online market for used items in expanding rapidly in Africa, as new sites pop up in countries around the continent and sales for the online marketplaces take off.Lithuania-based Mobofree, the social marketplace that offers people in Nigeria, GhanRead More... |
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Ethiopia: Africa Business Aviation Forum to Be Held Here
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| The African Business Aviation conference and exhibition is going to be held in Addis Ababa from September 24-25, 2015.Airlines engaged in general aviation, aircraft and engine manufacturers, airports and civil aviation authorities will participate atRead More... |
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Africa agri business grows WA footprint
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| A major force in African agriculture has increased its footprint in WA as part of long-term plans to grab a share of the local grains industry.AFGRI, a private company started in South Africa more than 90 years ago, wants to use its growing network oRead More... |
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Dubai confident of transforming Ghana's cocoa sector
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| Director of International Offices of the Dubai Chamber of Commerce and Industry, Omar Khan expressed Dubai’s readiness to play a pivotal role in Ghana’s cocoa sector, using its comparative advantage as a trade hub for Asia and beyond.
&nRead More... |
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Tanzania: New Oil, Gas Laws Win CEOs Nod
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| Business leaders in Tanzania have welcomed the three new legislations on oil and natural gas that were passed by the Parliament in July and eventually signed by President Jakaya Kikwete last week.
The pieces of legislation include the PetrolRead More... |
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Dubai confident of transforming Ghana's cocoa sector
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| Director of International Offices of the Dubai Chamber of Commerce and Industry, Omar Khan expressed Dubai’s readiness to play a pivotal role in Ghana’s cocoa sector, using its comparative advantage as a trade hub for Asia and beyond.
ThRead More... |
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Affordable housing aids Dubai real estate growth: report
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| Dubai’s property market has witnessed a 2.5 per cent growth in the first half of 2015, compared with the international analyst expectations of a 20 per cent decline in the beginning of the year, says a local real estate consultancy.
&lRead More... |
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Ethiopia: Energy Sector in Pulling Foreign Investment
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| Exploiting the various sources of energy is vital in order to ensure the intended development. For a country which strive to achieve economic growth and eradicate poverty like Ethiopia, tapping the available resources has immense benefit. Currently, Read More... |
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Nigeria to start assembling Ford Ranger bakkies
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| US MOTOR company Ford will start assembling Ranger trucks in Nigeria later this year, in a decision that could double the number of vehicle kits supplied to that country from SA.
Nigeria will become the first African country outside SA to assemble FRead More... |
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Liberty looks to expand in Africa
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| Johannesburg - South Africa’s fourth-largest insurer, Liberty Life, intends challenging Old Mutual in the rest of Africa as it announced last week that it had boosted its acquisition war chest on the continent to R1.3 billion.
This is R3Read More... |
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Leading South African rigid plastic packaging producer plans EUR 24m PET recycling plant / Start-up for 2015
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| One of South Africa’s leading paper recyclers and rigid plastic packaging producers, Mpact (Johannesburg), is entering the plastics recycling market. The company is planning to invest ZAR 350m (EUR 24.6m) in a new PET recycling plant, to be locRead More... |
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Kenya to benefit from Sh44B SAP investment in Africa
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| Global business software firm SAP has announced a seven-year $500 million plan to up-skill local African talent and drive sustainable innovation and growth in Africa. Kenya will be among the key beneficiaries of the investment along with four other cRead More... |
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