Trade - : Africa and Maghreb's news - The panafrican daily newspaper, Africa's portal offers a daily online newspaper with information on what is going on in the world, culture, economics, sport, societies of 56 african countries. en : Africa news, Maghreb news - The african daily newspaper Africa's ‘Growth is not accompanied by employment'? Fri, 01 Apr 2011 13:25:04 +0200 Africa's labour movement is on the move from Cape to Cairo – demanding democracy, devising policy and building a new African economy that creates jobs and opportunities for all. Kwasi Adu-Amankwah, the former head of Ghana's powerful labour federation, was elected general-secretary of the Africa division of the International Trade Union Confederation (ITUC-Africa) in 2007, putting him at the helm of a pan-African labour movement representing 16 million workers in 47 countries. Michael Fleshman spoke with him at the World Social Forum in Dakar, Senegal, on 8 February, shortly after Mr. Adu-Amankwah led a march to the Egyptian embassy in solidarity with the Egyptian people's pro-democracy movement. Michael Fleshman Ethiopia and U.K. forge closer economic ties Tue, 29 Mar 2011 17:33:09 +0200 Ethiopia and United Kingdom are soon to sign a Double Taxation Agreement (DTA) that aims to give further impetus to growing trade and investment relations between the two countries. Yohannes Anberbir Southern African countries zero in on Gaddafi assets Thu, 24 Mar 2011 18:04:48 +0100 Following South Africa's decision to freeze all Gaddafi's assets in accordance with UN Security Council resolution Zambia has sought clarification on whether the resolution would have any effect on massive investments undertaken by the embattled Libyan leader's regime in the southern African country. Zimbabwe has remained silent. Sakhile Modise African hi-tech taking leading position Tue, 22 Mar 2011 12:44:15 +0100 For 48 long hours, employees of Senegal's National Telecommunications Company cut telephone and Internet connections to the rest of the world. That bold action, in August 2010, sought to force the government to back down on a plan to grant a US company exclusive rights to manage incoming international phone calls. André-Michel Essoungou Zimbabwe: Mugabe calls for foreign product boycott Wed, 02 Mar 2011 15:21:15 +0100 Veteran Zimbabwean ruler, Mr Robert Mugabe has ordered an immediate product boycott of all foreign firms operating in Zimbabwe, particularly European, in a bid to force the West to remove economic sanctions. Alice Chimora Ethiopian economy's new gold rush Fri, 25 Feb 2011 12:22:41 +0100 Gold is now Ethiopia's second largest export item as well as the country's second foreign exchange earner, after coffee. Desalegn Sisay Senegal - Iran: From friendship to diplomatic war Fri, 25 Feb 2011 02:18:15 +0100 The Senegalese government officially severed diplomatic ties with the Islamic Republic of Iran on Wednesday. Dakar has accused Tehran of supplying arms to separatists in its Casamance province. Senegalese President Abdoulaye Wade and Iranian President Mahmoud Ahmadinejad won't be sipping tea together at the same table... Simon Maro Ivory Coast: 40% of world's cocoa under threat of destruction Fri, 18 Feb 2011 13:19:12 +0100 Coffee and cocoa producers in the Ivory Coast Thursday morning torched several bags of cocoa in front of the European Union headquarters at Plateau, the business district of the capital, Abidjan. This follows a ban on coffee and cocoa exports from Côte d'Ivoire. The export freeze was imposed by Alassane Ouattara to force his rival, Laurent Gbagbo, to cede power. Prince Ofori-Atta, Jocelyne Ballot Crisis hits Ivory Coast economy Tue, 15 Feb 2011 17:04:10 +0100 Laurent Gbagbo, one of the two presidents of the Ivory Coast, has accused Washington of supporting his rival, Alassane Ouattara. He has also accused some newspapers of trying to destabilize the country and threatened them with harsh measures. The Economic Community of West African States (ECOWAS) suspects South Africa, which has deployed a warship off the coast of Abidjan, of supporting Gbagbo. The economy of the West African country has been plunged into chaos. Prince Ofori-Atta Ethiopian government price ceiling to be readjusted? Mon, 14 Feb 2011 09:19:30 +0100 Ethiopia has been hit by an acute shortage of basic necessity commodities following a recently imposed price ceiling. To study the cause of this shortage, the government, last week, met with local entrepreneurs. Desalegn Sisay Ethiopia braces for oil shortage as Sudan shuts pipes Thu, 10 Feb 2011 13:15:58 +0100 Fuel prices in Ethiopia will be raised in March following an increasing consumption of fuel and its consequent impact on the government's fuel expenditure. A recent decision by its Sudanese suppliers could also affect fuel availability in Ethiopia. The Horn of Africa country spends an average annual 20 billion birr on the importation of petroleum products. Desalegn Sisay Ethiopia: Devalutation and speedy growth breed economic chaos? Tue, 18 Jan 2011 18:11:36 +0100 Ethiopian Government and entrepreneurs seem to have found a common ground to find a solution to a recalcitrant double digit inflation after the former was forced to revise a price cap it recently imposed on basic consumer items following commodity shortages in Addis Ababa, the capital, as a result. Some argue that a speedy growth coupled with a 16.7 percent devaluation of the local currency last September are to blame. Desalegn Sisay Chinese president visits US Tue, 18 Jan 2011 10:55:51 +0100 <p class="spip">Chinese President Hu Jintao arrives in Washington on Tuesday, a day before a high-profile meeting with U.S. President Barack Obama to discuss trade, currency and a host of other issues, including North Korea.</p> <p class="spip">Chinese state media has reported that Hu will stress how a constructive, comprehensive partnership between the powers could be mutually beneficial and help ensure stability in Asia and worldwide despite differences between Beijing and Washington.</p> Zimbabwe: Mugabe calls for sanctions against foreign-based companies Sat, 18 Dec 2010 18:59:50 +0100 President Robert Mugabe of Zimbabwe on Friday told his party to push for a law making it treasonous for Zimbabweans to call for sanctions against the Southern African country and threatened to grab all foreign-owned companies from countries that have slapped sanctions on the veteran leader and his inner circle. Alice Chimora NAPEO: A new North African and U.S. partnership Fri, 17 Dec 2010 11:59:58 +0100 After meeting with government officials and entrepreneurs throughout North Africa, U.S. Assistant Secretary of State for Economic, Energy and Business Affairs Jose Fernandez, says that links between U.S. and North African entrepreneurs and investors are already forming based on recognition of the many business opportunities in Algeria, Tunisia, Libya and Morocco. Lindsey Oechsle