Trade - Page 8
Capitalization Downturn recorded at Nigerian bourse
Market capitalization on the floor of the Nigerian Stock Exchange (NSE) dropped Tuesday to 11.810 trillion naira from the previous day's figure of 11.854...
European deal stands to slow African development
A UK-based charity has warned that the controversial Economic Partner Agreements (EPAs) will hurt the poor in the African, Caribbean and Pacific (ACP) countries.
"EPA...
Trading at Nigeria stock exchange records downturn
Trading experienced a downturn at the close of transactions at the Nigerian Stock Exchange (NSE) this past week, with a turnover of 3.94 billion...
Morocco and France sign several agreements
Rabat and Paris have signed 16 trade agreements during the Ninth meeting of their joint commission in Rabat under the chairmanship of Prime Minister...
Ghana and Brazil agree to cooperation
Ghana and Brazil on Saturday signed four agreements to boost technical cooperation in agro-energy, health, bio-diversity of cassava and the fight against HIV-AIDS.
The two...
Chinese company builds big power plant in Ghana
A Chinese company is building a 560-megawatt power plant in Ghana in an ambitious joint venture project with a Ghanaian company.
The Sunon Asogli Kpone...
Russian President Putin visits Kadhafi in Libya
Libyan Leader Muammar Kadhafi Wednesday held a meeting with Russian President Vladimir Putin, who began a two-day official visit at the head of a...
Nigerian oil production may be at risk of heavy output decline
Nigeria risks losing a third of its oil output by 2015 unless it finds ways to boost investment in joint ventures with foreign energy...
East African Community considers a borderless market
East African traders would have a borderless regional trading system by 2010 to allow for free flow of goods, services and investments across the...
Ivory Coast : Set election date commended
The United Nations peacekeeping mission in Côte d'Ivoire ( UNOCI) on Monday welcomed the announcement that the much delayed presidential elections would now be...
Nigeria bourse records downturn
Market capitalization on the floor of the Nigerian Stock exchange Tuesday went down from 12.162 trillion naira recorded the previous day to 12.051 trillion...
Making Africa more investor-friendly
African countries have been told to speed up the process of economic reforms in order to attract more investors into the continent and create...
Nigeria’s hard punishmet for Cadbury directors in fraud case
Market operators at the Nigerian Stock Exchange (NSE) reacted sharply to the 13 billion naira financial scandal rocking one of the quoted companies -...
India and Egypt discuss Free Trade Agreements
Egypt and India are currently in discussion for a free trade agreement between the two nations. India, seen globally as the technology hub, is...
Nigeria Bourse : Investors stake N11.2b on 639.4m shares
Investors at the Nigerian Stock Exchange (NSE) Monday staked 11.2 billion naira on 636.4 million shares traded in 19,003 deals.
Market capitalization also opened with...
Ethiopia launches a commodity exchange to encourage local crop trade
Ethiopia opens a commodity exchange this week, the first of its kind in Africa, to offer buyers and sellers of mainly African traditional crops...
Nigeria Navy delegation inspect new platforms
Top officials of the Nigerian Navy (NN) have left Nigerian on a tour of three Far Eastern countries for the final inspection of new...
Ghana earned $1.2 billion from non traditional exports in 2007
Ghana earned 1.2 billion dollars from non- traditional exports last year, up 30.5 per cent from 892 million dollars in 2006, according to official...
Obama – Clinton : Colombia free trade debate goes to congress
The fight over the US-Colombia free trade agreement escalated dramatically on Wednesday, when congressional leaders said they would seek to delay indefinitely a vote...
Ghana to hold “Lighting Africa” conference
The First Global Business Conference and Competition for Off-grid Lighting in Africa has been scheduled for Accra, Ghana, 5-8 May, the World Bank Group...
India and Africa strengthen ties
The India-Africa summit forum ended on Wednesday in New Delhi, India, with a declaration of heads of state and government spelling out their position...
Libya and Sudan sign contract with Arabsat in Morocco
The Arab Satellite Communication, Arabsat, on Wednesday signed two contracts with Libya and Sudan at a ceremony in Marrakech, southern Morocco.
The first contract between...
Africa now an international business hub
Africa has become the hub of foreign investments because it has opened up its borders, improved its governance and set up a more conducive...
Three African countries top world bank reformers list
Three African countries - Egypt, Ghana and Kenya - are among the 10 top economic reformers that are making it easier for investors to...
Ghana and India to forge closer bilateral ties
Ghana and India on Monday renewed their resolve to deepen bilateral relations and economic partnership for the mutual benefit of their people.
Their main areas...
Nigerian bourse market capitalisation gains
Market capitalization on the floor of the Nigerian Stock Exchange (NSE) opened the week on Monday on a high note as it increased to...
Netherlands and South Africa in bilateral agreement talks
South African Deputy President Phumzile Mlambo-Ngcuka, accompanied by Deputy Foreign Minister Sue van der Merwe, departed Monday for the Netherlands where she will hold...
Intel opens in Algeria
The North Africa regional head of the US computer group, Intel, Khaled Lamraoui announced at an information day here Sunday his company would open...
Nigeria : Yar’Adua demands an end to fuel crisis
Nigeria's President Umaru Musa Yar'Adua has ordered the Nigerian National Petroleum Corporation (NNPC), the Department of Petroleum Resources (DPR) and the Standards Organisation of...
India and Africa in economic co-operation
Nearly one thousand African economic operators started this Thursday in New Delhi, India, discussions with their Indian counterparts, as part of the fourth conclave...