Trade - Page 5
Global crises: The New IMF and Africa
Experts are unanimous on one point. Africa will be hardest hit by the global recession. The economic crisis will deepen and aggravate other existing...
IMF and WB experts on crisis and African development
Although the full impact of the global economic crisis on African development is not yet known, a group of African development and finance experts...
Liberia: Petty traders crucial to African economy
Monrovia-based economic consultant Achie Bedell has urged the Liberian government under President Ellen Johnson-Sirleaf, to boost the country's economy by allowing women to develop...
France to exploit DRC uranium Sarkozy promises change
France has become the latest country to go hunting in the resource wealth of DR Congo. Areva, a French nuclear firm has moved to...
Protectionism: A forerunner of the world’s greatest evils
The specter of protectionism is rising. It is always a dangerous and foolish policy, but it is especially dangerous at a time of economic...
Meles Zenawi optimistic about Ethiopian flower industry
Ethiopian flower producers and exporters have used their exhibition, which opened Wednesday, to call on Ethiopian, Prime Minister Meles Zenawi, to urge state owned...
African Trade: From Cairo to Cape Town through Nairobi
In October 2008 leaders from East and Southern Africa agreed on plans to form the largest free trade area in the continent. The new...
Protectionism marks doomsday for Globalisation ?
There is undoubtedly so much economic pain in the world today, just as there has been staggering solutions proffered, not least, by some economic...
China moves to rescue Botswana’s diamond industry
Chinese ambassador to Botswana Ding Xiaowen has assured the country that China's stable market could be the saving grace for Botswana's under pressure...
South Africa and Iran talk on Nuclear issues and Trade
South African and Iranian delegations have been meeting in Pretoria this week to review the implementation of the decisions taken during the 10th meeting...
Ethiopian – US trade: Banking concerns amid trade boost
The United States is encouraging Ethiopian firms to increase their exports and imports from the worlds' largest economy, following Monday's launch of the American...
Mining: China looks beyond Africa amid growing choices
China looks set to expand its mining and metals holdings in developed economies, industry analysts and executives claim, as global mining companies in financial...
Landlocked Ethiopia announces shipping profits
Ethiopia's state-controlled Shipping Lines has made a 32 per cent increase in its profits for the past four months, earning about US$ 72 million,...
Ethiopian gov’t to boost exports after record earnings
Ethiopia's export earnings shot up by 25 per cent to hit US$ 1.5 billion, up from US$ 1.2 billion last year, as Prime Minister...
Nigeria renews bilateral relations with Uganda
Yoweri Museveni the president of Uganda has announced that Nigeria has promised to help Uganda manage their oil resources, since Nigeria is highly experienced...
EU undermining African economic stability
For years African and other developing countries have been urged to “trade their way out of poverty” by exporting more products internationally instead of...
Western influence erodes as Africa looks to Asia
Eager to maintain the growth that has lifted hundreds of millions of people out of poverty, Asia’s booming economies are courting cash-poor but resource-rich...
China to do more business with Sudan despite threats
The government of the Peoples Republic of China has vowed to continue investments in Sudan after the killing of five of Chinese citizens in...
Nkrumah’s dream and the new African economic community
Kwame Nkrumah dreamt of the United States of Africa, a single political entity that can articulate and defend the interests of the African continent....
Rwanda President seeks more investments from multinationals
During the launch of the Business Call to Action, President Paul Kagame called upon multinational corporations to invest in Africa and other developing countries...
Wall Street crisis traps Uganda
According to reports emanating from Kampala, Uganda, the economic hold back in the US and Europe could naturally affect demand for Uganda’s export.
Coupled...
Zimbabwe gold-rush begins as investors flock in
There has been a upsurge in inquiries into investing in Zimbabwe since September 15 when a yet to be effected power sharing agreemmt was...
Asian supermarkets flooding Uganda with expired goods
The Uganda National Bureau of Standards (UNBS) officials found out that most supermarkets in Eastern Uganda are flooded with expired goods.
It was discovered that...
Nigerian reserve safe despite US financial crisis ?
The financial storms that hit two of New York’s esteemed Wall Street firms, as stocks fell across the globe has not caused worries for...
External intrusion affecting intra African trade adversely ?
The 2008 economic development in Africa report by the United Nations Conference on Trade and Development (UNCTAD) reveal that Africa has not made any...
Egypt leads in Mideast business development
The International Finance Corporation reports that Egypt has made the most reforms in its business regulations in the Middle East this year.
World Bank affiliate,...
Iran lands N200 billion Nigerian real estate deal
Iran Thursday signed a memorandum of understanding (MOU) with Nigeria to build 30,000 houses across the country in the next four years.
The housing project,...
Chancellor Merkel encourages more German investments in Ghana
German Chancellor Angela Merkel has pledged her country's resolve to deepen economic relations and ensure continued development support to Ghana.
"Ghana is on a promising...
Kenya’s largest retail chain goes continental
Kenya's largest retail chain, Nakumatt Supermarket, said Monday it had opened a new branch in Rwanda, in a move that boosts bilateral trade relations...
Zimbabweans get a new lease on life as duty waiver makes food cheaper
Zimbabweans who have become dependant on cross-border forays to source necessities heaved a collective sigh of relief when the government decided to suspend import...