Afrique, Transactions records. Africa’s huge opportunities. Partenariat : les investissements égyptiens en Algérie. INTRA%20AFRICAN%20TRADE_INTRA%20AFRICAN%20TRADE.pdf. Sudan Vision Daily - Details. Erqan crossing with Sudan to open next March: Authority. Egypt and Sudan aim to open the Erqan land port next March to increase trade between the two countries, according to head of the General Authority for Ports and Dry Land Gamal Hegazy.
Approximately 70% of Erqan has been completed, along with a road in Toshka, east of Owaynat Abu Simbel, at a cost of EGP 170m, according to Hegazy. Infrastructure costs for Erqan have reached a total of EGP 85m, according to a statement issued by the authority this Saturday. The statement said that Hegazy met with the Sudanese Ambassador in Egypt Abdelmahmood Abdelhaleem on Saturday in order to coordinate on the subject of Erqan.
Gambia to open air route to Mauritania. Famous Brands hatches ambitious Africa plans. FAMOUS Brands, the owner of brands such as Debonairs and Steers, has ambitious expansion plans for oil-rich African countries such as Nigeria, Ghana and Angola.
Consumer industries are increasingly targeting the continent’s fast-growing cities for long-term growth. The cities are characterised by growing middle classes and large expatriate communities. The Economist Intelligence Unit predicts that by 2030, Africa’s top 18 cities could have a combined spending power of $1.3-trillion. With a R10.9bn market capitalisation, Famous Brands is the big daddy of SA franchising and wants to replicate its local success in the rest of Africa. Business Newswires : euronews : the latest international news as video on demand.
Reuters, 19/11 16:42 CET By Stephen Kalin CAIRO (Reuters) – Three African economic blocs will merge into a new 27-nation free-trade zone under an agreement to be signed in Cairo next month, uniting markets worth 58 percent of the continent’s economic activity, Egypt’s industry and trade minister said.
The deal will combine the Common Market for Eastern and Southern Africa (COMESA), the South African Development Community (SADC), and the East African Community (EAC). Minister Mounir Fakhry Abdel Nour said Cairo is also pursuing trade agreements with the Eurasian Economic Community and the South American trade bloc Mercosur in order to win back foreign investors who left Egypt due to the political turmoil that began with a popular uprising in 2011. Des projets de partenariat algéro-tunisiens identifiés dans le BTPH. South Africa: SA and Congo to Join Forces to Generate Electricity. Document The Portfolio Committee on Energy and the Select Committee on Economic and Business Development received a briefing from the Department of Energy today on the treaty of the Grand Inga Hydropower Project between the Republic of South Africa and the Democratic Republic of Congo (DRC) as well as the explanatory memorandum to the treaty on the Grand Inga Hydropower Project.
Deputy Minister for Energy, Ms Thembisile Majola and South African Ambassador to the DRC, Mr Ntshikiwane Mashimbye. The Grand Inga Project is a multi-phase hydro power station to be built on the Congo River on the Inga site, with the potential to generate approximately 40 000MW. The Inga dams are located in the western DRC 50km upstream of the mouth of the Congo River and about 225km south west of Kinshasa. Associated with the Grand Inga are transmission lines to evacuate power from the generators to the markets in the DRC and to export markets.
Congo-Kinshasa: SA Pushes for Grand Inga Hydropower Project Go-Ahead. The Grand Inga Hydropower project may prove to be South Africa's solution to the current and future energy challenges if the South African legislature ratifies the treaty on the energy scheme with the Democratic Republic of Congo (DRC).
The treaty, signed by South Africa and the DRC in October this year, provides the framework for the facilitation of power generation from the Grand Inga project and its delivery to the border between the DRC and Zambia. On Tuesday, 5 November, South African parliament's portfolio committee on energy made a recommendation that the legislature make an official decision on the hydropower project to be built on the Inga dams along the Congo River. Une autoroute sur la bonne voie. Dangote Cement starts production in South Africa; next Senegal, Ethiopia. Aliko Dangote: plant starts production in South Africa.
Tanzania, Kenya to link their power grids - Business - www.theeastafrican.co.ke. Plans mobile payment platform for Africa. Opening ceremony of the Afreximbank Structured Trade Finance Seminar/Workshop (L-R): Dr.
Benedict Oramah, Afreximbank Executive Vice President (BDCB); Dr. Michael Gondwe, Governor, Bank of Zambia; Afreximbank President Jean-Louis Ekra; Denys denya, Afreximbank Executive Vice President (FABS); Dr. Henriquie de Azevedo, Head of Export Credit Division, Business in Africa, BNDES; and Lamon Rutten, Programme Manager, Technical Centre for Agricultural and Rural Cooperation ACP-EU, Netherlands. Lusaka, 04 Nov. 2014 – The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support intra-African trade and payments, Jean-Louis Ekra, President of the Bank, announced today in Lusaka. In an address at the opening of Afreximbank’s annual Seminar/Workshop on the Fundamentals of Structured Trade Finance, Mr. Declaring open the seminar/workshop, Dr. Noting the central role of trade and development in Africa’s economic revival, Dr. Also speaking, Dr. Demand for Nigerian Gas in Africa Increases. FOCUS_MAROC.pdf.
L’Egypte propose une coopération avec le Port Autonome de Lomé. © Afreepress (Lomé, le 17 octobre 2014)- Trois (3) jours seulement après l’inauguration du 3ème quai et des portiques par le Chef de l’Etat, le Port Autonome de Lomé (PAL) suscite déjà l’intérêt des pays, notamment de l’Egypte dont le chargé d’affaires à l’ambassade du Togo, Mohamed Fawzi Al Eiram a évoqué ce vendredi à Lomé avec le premier ministre, Séléagodji Ahoomey-Zunu, la possibilité de mettre en coopération les ports des deux pays.
Exclusive: Intra-Africa trade higher than statistics suggest, expert says - Trade Finance - October 2014. Copying and distributing are prohibited without permission of the publisher Exclusive: Intra-Africa trade higher than statistics suggest, expert says 16 October 2014 Trade of food and consumer goods is particularly strong.
Rwanda: Why Kenyans and Their Businesses Are Running to Rwanda. Analysis In August 2013, a historical event unfolded on Africa's biggest Safari land, Kenya.
President Uhuru Kenyatta invited Rwanda's President Paul Kagame, Uganda's President Yoweri Museveni, and South Sudan's President Salva Kiir, to commission one of Africa's biggest Port of Mombasa, along the Indian Ocean. At the colorful ceremony, a massive docking facility enabling larger vessels to dock was opened to cater for the increasing volumes of regional imports and exports. Kenyan pharmaceutical manufacturer Dawa Limited to expand regionally. Nairobi (HAN) November 4, 2014. With a growing population and obvious market demand, Kenyan pharmaceutical manufacturer Dawa Limited has big ambitions of expanding its reach across 30 countries in Africa over the next five years. Dawa is already active in 10, distributing a range of 140 products for both human and animal use. Kenya is one of few countries in Africa with a robust pharmaceutical manufacturing industry. The East African nation has over 30 manufacturers and Dr Ajay Patel, managing director of Dawa, says there is opportunity to expand regionally.
Some of the countries Dawa (Swahili for medicine) is eyeing include Nigeria, Ghana, Madagascar, Angola, Sudan and Ethiopia. The company has started exporting to Côte d’Ivoire, Togo, Benin and Senegal. Dangote Seeks Approval For Tanzania Power Plant Development. VENTURES AFRICA – Africa’s business mogul and President of the Dangote Group, Alhaji Aliko Dangote has sought regulatory approval to commence development of a coal-fired plant. The plant is expected to power a Dangote owned $500 million cement factory in Mtwara, Tanzania. “Dangote Industries applied for a 75 MW electricity generation licence to build, own and operate a coal-based captive power plant adjacent to its cement manufacturing plant,” a statement released by state-run Energy and Water Utilities Regulatory Authority (EWURA) said on Tuesday.
Construction at the cement facility has already commenced and should be commissioned next year. It holds a production capacity of 3 million tonnes per annum Tanzania, East Africa’s second largest economy, is expected to grow at seven percent in five years with influx from manufacturing and mining sector. Interview: Morocco pushes finance hub for sub-Saharan Africa. Rwanda issues new visa policy for African citizens. Copyright : APA -All African citizens will from now on get their entry visa upon arrival at any Rwanda entry point without prior application, following new updated visa regulations and policy that were adopted by the Rwandan government, an official source revealed Monday in Kigali. According to a statement issued in Kigali by the Directorate General of Immigration and Emigration, the new visa policy will take effect from 1 November and citizens from member countries of the East African Community (EAC) including Burundi, Kenya, Uganda and Tanzania will continue to be issued with 6 months visitors pass with no fees.
However, citizens from the Democratic Republic of Congo (DRC) will continue getting visitors visas for a stay not exceeding 90 days with no fees as provided by the Economic Community of the Great Lakes Region (CEPGL). Zimbabwe: Namibia Signs New Power Purchase Agreement With Zimbabwe. Windhoek — Namibia and Zimbabwe yesterday (Thursday) signed a new 15-year 80 megawatt (MW) Power Purchase Agreement (PPA) at the NamPower headquarters in Windhoek.
The new PPA between the NamPower and the Zimbabwean Power Company (ZPC) forms part of the latter's strategy to raise funding to enable them to expand the Kariba South Hydro Power Station in Zimbabwe by 300MW. The current capacity of the power station is approximately 700MW and will be approximately 980MW after the expansion. According to the financing institution of the agreement, Standard Bank, the first three years of the agreement is valued at N$500 million. The agreement signed yesterday will become effective once the existing Zimbabwe Electricity Supply Authority (ZESA) agreement comes to an end early next year, not later than April 01, 2015. Ghana to co – manage Togo & Benin airspace. The Ghana Civil Aviation Authority (GCAA) has commenced talks with Togo and Benin to co-manage their respective upper airspace.
Togo and Benin have requested for autonomy from Ghana in the management of their respective upper airspace, as contention over revenue deepens. The internationally designated Accra Flight Information Region (FIR) which refers to the combined upper airspace and large portions of the Atlantic Ocean of Ghana, Togo, and Benin has been managed by the Ghana Civil Aviation Authority on behalf of the three countries for decades.
Ghana To Export Thousands Of Megawatts Of Electricity To Nigeria. Ghanaian President John Mahama has announced plans to export several thousand megawatts of electricity to Nigeria, Ivory Coast, and other countries experiencing issues and deficits within their power sectors. Confirming the developments at the African Global Business and Economic Forum in Dubai this weekend, Mahama said that massive investments in power generation in Ghana by China and other foreign entities have created an excess. Cameroun: Biopharma va ouvrir une filiale en Côte d'Ivoire. UBA to launch virtual card platform across African markets. Le groupe marocain CADEX s'installe en Mauritanie.
African continent could become a competitive field for property developers - eProp Commercial Property News. African continent could become a competitive field for SA's property developers if the early movers act as catalysts. This was the view of property industry executives and analysts who attended the Africa Property InvestmentThe purchase or exchange of any asset or right to an asset by an investor with the aim of making a profit. Use of Angolan kwanza to begin in 6 months - Read Namibian National News. SANTA CLARA, Angola – Trading in the Angolan kwanza at Oshikango in Namibia and using the Namibian dollar in Santa Clara, Angola, would commence in the next six months, once bank personnel have been trained on security features of the two currencies, and relevant banking infrastructure are in place.
Afrique, le potentiel est dans les services ! Mesures non tarifaires, multiplicité des régimes fiscaux, absence quasi totale de lignes directes de transport terrestre ou maritime, manque d’information, non adaptation de l’offre à la spécificité de la demande…autant de facteurs qui pénalisent le développement des échanges commerciaux avec les pays africains. «Les politiques commerciales de l’Afrique subsaharienne restent relativement protectionnistes avec une forte emprise de l’État sur l’économie, des degrés de restriction des échanges, très élevés (20% en moyenne)….Elles ont un impact négatif sur le volume des échanges commerciaux avec le Maroc». Le rappel de cette situation revient à la Direction des études et des prévisions financières (DEPF) du ministère des Finances.
Il faudra aussi compter avec les mesures non tarifaires, (certificats d’importation, contrôles qualité…) appliquées de manière non équitable ainsi qu’avec les multiples régimes fiscaux. Kenya secures $113m to build 1,550km road connecting Burundi. By Christabel Ligami and Adam Ihucha Kenya has secured $113 million from the African Development Bank for the construction of a transit route from the Indian Ocean to Bujumbura in Burundi, heightening competition between the ports of Indian Ocean to Bujumbura in Burundi,. The 1,550-kilometre road will be 455km shorter than the Northern Corridor, which runs from Kenya to the landlocked economies of Uganda, Rwanda, Burundi, DR Congo and South Sudan, and about 50km shorter than the Central Corridor, which connects Rwanda, Uganda, Burundi and DR Congo to the port of Dar es Salaam in Tanzania.
Le Maroc lance une opération ‘Action lumière’ au Congo, Gabon et au Burkina Faso. Welcome to Forbes. Tanzania says power link to Kenya, Zambia to be completed next year. Nigeria's Interswitch partners East African group to push for regional economic growth. As part of the strategies to strengthen their services, Interswitch Transnational Holding, the leading pan-African integrated payments company and Paynet Group, also a leading multi-institutional payments provider in East Africa, have entered into a business partnership agreement.
Vol inaugural Casablanca-N'Djamena : La RAM en harmonie avec son africanité. The most from the coast. Sénégal/Mauritanie/Energie : un projet d’interconnexion sous régional dans le PSE. LA MAURITANIE VEUT VENDRE DE L’ELECTRICITE AU SENEGAL : Points Chauds Online : 1er PORTAIL MAURITANIEN DE L'ACTUALITÉS sur le MAGHREB et L'AFRIQUE FRANCOPHONE. Nigerians control 50% of Ghana’s real estate investments. Expanding intra-African trade. South African retailers set up partnership to open supermarket in Cabinda, Angola. Zimpost Extends Payment Service To Botswana. Important investissement algérien à Tanger. Egypt, Sudan inaugurate first common land route. Intra-Africa trade hurdles: beyond politics - Opinion.
Nigeria to assist South Africa to develop gold mine. Transportation minister inaugurates Egypt-Sudan Qustul Border Crossing. Maroc : une autoroute reliant le sud du Maroc et la Mauritanie. Cameroon, Congo to jointly exploit iron ore in their border. Un pont sur le fleuve Mono entre le Togo et le Bénin. Kenya's Co-op Bank to expand into Ethiopia and Uganda. Egypt's Qalaa backs East Africa's railway line. Connecting Africa: The King of Morocco Mohammed VI launched the Malian section of the Trans African optical fiber cable. - African Bulletin. Inauguration à Bamako d'un câble de fibre optique reliant le Mali au Maroc. Nigerians among top property buyers in South Africa. [Ressources] La Côte d’Ivoire, le Ghana et la Guinée équatoriale veulent créer une compagnie de gaz commune : Afro Concept News. Dossier Nigeria – III – Agriculture. South Africa to invest in Togo based airline Asky and plans to make Ghana its regional hub.
La SCIF va construire 50 wagons pour le Togo, le Gabon et le Congo. Global retail giants Carrefour and Walmart to enter Kenya. Nigeria Partners Cameroun On Products Standardisation. Global tech firms target Africa for expansion - New Telegraph. Ghanaian anti-counterfeiting solution set for Rwanda launch. TAKEALOT.com Online Shopping - Buy Movies, Games, Electronics, Toys, Books, Beauty Products, Music, Home and Kitchen Appliances and More online in South Africa. BiztechAfrica Mobile,Technology & IT News Africa. Tanzania, Burundi to finally waive work permit fees. Africa map of Map of Africa : Intra-African Trade, Exports Growth by Country [2010 Data] by Country.
Kenya seeks concessionary crude oil and gas from Nigeria. Zambian firm gets $200m Sierra Leone energy deal. Kenyan airline carries more cargo to northern Mozambique. Free movement of people between Mozambique and Angola possible “soon” Regional business group GML to extend footprint in Africa. WEF’s new infrastructure programme to boost intra-Africa trade. Lusaka Voice Posts jobs online watch Zambian Daily news at all timesLusaka Voice Posts jobs online watch Zambian Daily news at all times. How Nemba One-Stop border has boosted Rwanda-Burundi trade. Enquête d’Ernst & Young sur l’attractivité de l’Afrique 2014 : Nouveaux pays et secteurs. South African firm buys stake in Kenyan property website. South African group Shoprite plans to open furniture stores in Angola and Mozambique. Maroc : le sprint vers l'Afrique subsaharienne. Monétique : MaghrebCard déploie ses tentacules en Afrique.
Mauritius to fund Rwanda recycling plant. Morocco’s Leading Telecom Operator Expands Activities in Africa. Woolworths' expansion plan in Africa. Egyptian Minister Suggests Logistically Links Suez Canal with 3 African Countries. Addoha rachète un cimentier gabonais. The Namibian - Namibia, Botswana report progress on dry port project (Economic news. Nigeria And Namibia To Build Joint Oil Refinery. Commerce: Les échanges commerciaux entre la Côte d’Ivoire et le Cameroun ont augmenté de 500% en 3 ans – 13/03/2014. Nigeria: Credit rating firm extends services to Rwanda. Journal Du Cameroun.com: L'axe Bamenda –Enugu, porteuse d’espoirs commerciaux entre le Cameroun et le Nigeria. DR Congo transit cargo increase at Dar port. South Africa's PIC mulls to invest in Tanzania. Maroc Cote d'ivoire : Vingt-six accords de partenariat public-privé et d'investissement. Maroc Cote d'ivoire : SM le Roi lance les travaux de réalisation d'une usine de fabrication....