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Intra-African Trade VIII

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African Investors Show Appetite For South Africa's Property Market. Thinkstock From BizNis Africa Investors from other African countries continue to show a strong appetite for residential property in South Africa, particularly in Gauteng province.They are from across the continent with most frequent investors originating from Nigeria, Angola, Ghana, Uganda, Gabon, Kenya, Zimbabwe, Congo and Mozambique.According to Dr Andrew Golding, Pam Golding Properties Chief Executive Officer, foreign investment in residential property in South Africa continues to be encouraged by the perceived weakness in the currency which ensures that foreign buyers, and buyers from the African continent in particular, are able to achieve excellent value for money in South Africa. “From a Gauteng perspective, Pam Golding Properties continues to conclude transactions to foreign investors, particularly in the greater Johannesburg and Pretoria regions.

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Intra-Africa Trade IX

Projet routier Dakar Bamako et Dakar Conakry. Bamako, Principal Client De Dakar Durant Les Cinq Dernières Années (communiqué) | SEN360.COM. Le Mali reste sur les cinq dernières années le principal client du Sénégal, dont il reçoit en moyenne 43,5% des exportations vers les pays de la CEDEAO, indique la cellule de communication du ministère du Commerce dans un communiqué de presse. '' En 2014, les exportations ont été orientées en majeure partie vers le Mali (36,5%), la Côte d'Ivoire (12,2%), la République de 'Guinée (11,8%), la Gambie (9,1%), le Burkina Faso (7,8%) et la Guinée Bissau (6,4%)'', précise-t-elle en citant l'Agence nationale de la statistique et de la démographie (ANSD). Elle souligne que les pays cités absorbent ‘'la quasi-totalité des exportations vers les pays de la CEDEAO''. Les exportations du Sénégal vers les pays de l'espace communautaire se chiffrent à ‘'405,4 milliards de FCFA contre 415,9 milliards de FCFA en 2013, soit une baisse de 2,5%''.

Free Visa Entry for East Africans into South Sudan. Nigeria: New Nigeria-Cameroun Biosphere Reserve Underway. By Anietie Akpan EXPERTS from six countries have commenced the process to strengthen trans-boundary conservation between Nigeria and Cameroun with a proposal to creation of a new biosphere reserve. To ensure the actuallisation of this proposal, the conservationists set up a Small working groups to quickly finalise nomination forms from Nigeria and Cameroon and once finalized the application will be jointly submitted to UNESCO in 2016 for the creation of a new trans-boundary biosphere reserve between Nigeria and Cameroon, to be called the Cross River-Korup-Takamanda Biosphere Reserve.

This position was taken in a recent workshop sponsored by the Great Apes Programme of the Arcus Foundation in December last year in Calabar with more than 40 international participants from six different countries to review and strengthen trans-boundary collaboration between Cross River National Park in Nigeria and Takamanda National Park and Korup National Park in Cameroon. Nigeria: New Nigeria-Cameroun Biosphere Reserve Underway. Economie : Partenariat ivoiro-marrocain sur le secteur de l`automobile et du cuir - Vidéo. Nigeria: Cross-Border Shares Trading Pact Between Kenya, Nigeria Signed.

By James Kariuki Kenyans and Nigerians will soon be able to cross-trade shares on their two bourses seamlessly after a platform was established to facilitate clearing of all aftersales transactions. Nigeria's Central Securities and Clearing System (CSCS) and Kenya's Central Depository and Settlement Corporation Limited (CDSC) jointly signed a memorandum of understanding facilitated by AfriClear Global that will facilitate cross-border clearing and settlement of all sales and purchases by citizens of the two countries. CDSC Kenya Chief Executive Rose Mambo, who also serves as AfriClear's Chairperson, said the pact would help reduce risks and improve capital efficiency through multilateral netting and simplified initial and variation margin exchange.

Mrs Mambo said the single window would help reduce transactional costs enabling Kenyans and Nigerians to buy stocks at the set price. Liberia, Kenya sign air transport agreement | Logistics Update Africa. President Ellen Johnson-Sirleaf and Kenya’s president Uhuru Kenyatta have signed a bilateral air services agreement or BASA, to revitalise the air transport connectivity between Liberia and Kenya. An Executive Mansion release says presidents Sirleaf and Kenyatta also signed an agreement for the establishment of a Joint Commission for Cooperation and a Memorandum of Understanding (MoU) on Political Consultations.

Liberia’s acting Foreign Minister, Elias Shoniyin, signed on behalf of the Government while Kenya’s Cabinet Secretary for Foreign Affairs, Ambassador Amina Mohammed signed for Kenya as Sirleaf and Kenyatta looked on, the release says. President Sirleaf conceded that the time was ripe for Liberia and Kenya to explore new areas of engagements to benefit their citizens, citing great strides that Kenya has made especially in the education sector, an area she says Liberia was keen to develop. DRC joins Northern Corridor | Logistics Update Africa. The Democratic Republic of Congo has announced its decision to join the Northern Corridor Integration projects as full member during the next summit. The announcement was made by Justin Kalumba Mwana-Ngongo, DRC minister of transport and communications.

The Northern Corridor is a multi-modal corridor, encompassing road, rail, pipeline and inland waterways transport. The main road network runs from Mombasa Sea Port through Kenya and Uganda to Kigali in Rwanda, Bujumbura in Burundi and to Kisangani in the Democratic Republic of Congo. The road network also links Kenya and Uganda to Juba in South Sudan. The rail network runs from Mombasa Sea Port through Nairobi, Malaba, and Kampala to Kasese in Western Uganda, close to the border with the Democratic Republic of Congo. The Democratic Republic of Congo became the fifth member after acceding to the Agreement in 1987. Africa: Focus On Private Sector - Tech to Lower Trade Barriers. Last week, the World Trade Organization (WTO) met in Kenya for its regular ministerial conference. The meeting produced several breakthroughs, including a plan to phase out agricultural export subsidies and to eliminate tariffs on many IT products.

But members agreed to disagree on the Doha Round, the overarching, multilateral negotiation aimed at lowering trade barriers that the WTO has been trying to complete since 2001. The round has struggled to overcome scepticism from developing countries who fear exposing their industries to competition from stronger, rich country players. Poor countries have vigorously argued for greater concessions for their products on international markets, and said they cannot meet the high costs of reforming trade regulations in their own markets, as the WTO mandates.

Fundamentally, these concerns reflect fears that trade agreements will erode national policy sovereignty. Technology can help. References [1] Joseph E. A Mpondwe, entre Ouganda et RDC, le commerce s'épanouit. La frontière entre la RDC et l'Ouganda est particulièrement importante. Objet de fantasmes notamment au pied de la montagne Rwenzori, elle fait aussi l'objet de nombreux échanges. Echanges commerciaux et de services... La Banque mondiale estime que 80 000 commerçants et leurs familles dépendent des échanges transfrontaliers ougandais-rwandais-congolais pour survivre. Selon le Bureau des statistiques ougandais, pour l'année 2013, les échanges informels étaient évalués pour le seul point de passage de Mpondwe à 105 millions de dollars. Camions, voitures remplies à ras-bord, piétons surchargés de sacs... Parmi eux, ce commerçant congolais : « Je fais du commerce, du transport.

Entre les deux frontières, il y a un no man's land fourmillant de petits commercants. Allers-retours Côté ougandais, on rencontre ce chauffeur de taxi. Cet homme, peu inquiet de la présence ADF, fait craindre aux gens autour de lui qu'il soit l'un de leurs espions. L'agroalimentaire marocain exporte de plus en plus vers l'Afrique.

Les exportations agroalimentaires marocaines vers l’Afrique ont connu une dynamique croissante, enregistrant un taux de croissance annuel moyen de 15% depuis l’année 2000, avec une prépondérance des produits transformés et une montée récente des produits frais, indique la Direction des Etudes et des Prévisions Financières (DEPF). Ces exportations marocaines vers l’Afrique ont été également concentrées sur les produits de base (farines, gruaux, semoules et agglomérés de céréales, extraits et essences de café ou de thé et fromage) mais avec une tendance haussière de la demande africaine d’autres produits alimentaires (légumes frais, congelés ou en saumure, agrumes, tomates fraîches et fruits frais), selon une étude sur les « Défis et opportunités des exportations agroalimentaires marocaines sur le marché africain », réalisée par la DEPF, relevant du ministère de l’Economie et des Finances.

LNT avec Map. Volume of Egyptian investments in Sudan reaches $11bn. Egyptian Ambassador in Sudan Ossama Shaltout asserted Egypt's keenness to participate and cooperate in economic development projects in Sudan. In an exclusive interview with MENA on Monday, Shaltout said the number of Egyptian investment projects approved by the Sudanese Investment Ministry reached 229 projects which are worth US$11 billion. Egyptian investments in Sudan are cumulative since 2000, the ambassador said, adding that they are distributed across various fields in which 122 projects in the industrial field are worth $1.372 billion, 90 projects in the service field are worth $629 million and 17 projects in the agricultural field are worth $89 million. The number of Egyptian projects implemented in Sudan reached 78 projects worth $800 million in which 42 projects are in the industrial field and are worth $505 million, 29 projects in the service field are worth $189 million and seven projects in the agricultural field are worth $105 million.

EAC, ITC to set up intra-African trade project. THE International Trade Centre (ITC) and the East African Community (EAC), are in the process of launching new 2.2 billion/- joint project to boost intra-African trade, an initiative which kicks off next January. The Trade and Regional Integration Project (TRIP), for EAC, was announced by the EAC Secretary-General, Dr Richard Sezibera and ITC Executive Director, Arancha González on the margins of the World Trade Organization's Ministerial Conference in Nairobi, Kenya.

The new initiative aims to strengthen existing efforts by East African Partner States for closer economic integration, including the East African Customs Union and the EAC Common Market. The TRIP for EAC project also sets out to support the African Union's Action Plan for boosting intra-African trade and the recently agreed tripartite free-trade agreement among the Common Market for Eastern and Southern Africa (COMESA), the EAC and the Southern African Development Community (SADC). Tunisia, Congo sign transport co-operation agreementTunisia. Après Madagascar, Outsourcia s’installe au Niger. L'offensive tunisienne en repérage au Cameroun | Business News 2015-12-17.

Business News of Thursday, 17 December 2015 Source: Photo utilisée juste à titre d'illustration Du 6 au 10 décembre 2015, des investisseurs tunisiens ont été en prospection dans divers secteurs des affaires au Cameroun. A l’occasion, l’ambassadeur de Tunisie au Cameroun, Jalel Snoussi, en étroite collaboration avec l’Union tunisienne de l’industrie, du commerce et de l’artisanat (Utica) et la société Tunisie Afrique Export, le soutien du centre de promotion des exportations (Cepex) et l’aimable concours des autorités camerounaises compétentes, ont organisé un ensemble de rencontres dont le but était des solutions d’investissements, dans divers secteurs, de la part des Tunisiens.

Cette mission de prospection économique est la matrice des Journées Commerciales Multisectorielles tunisiennes au Cameroun, organisée jusqu’au 21 de ce mois à Douala. Nigeria’s pan-African aspirations may change its dynamic with SA. A QUESTION Nigerians often raise in discussions about SA and its West African counterpart is why there are not more Nigerian companies investing here. Where are the Nigerian banks, the food franchises, the supermarkets and IT companies? They ask. The diplomats are particularly exercised by the trade and investment imbalance. This, they say, reflects badly on the bilateral relationship. It is true that there are few Nigerian investments here more than 20 years after SA opened its doors to the rest of the continent.

Dangote Cement has acquired a cement operation, and oil and gas company Oando has a few, largely inactive, shares listed on the JSE. Compare this with the fact that the majority of SA’s top listed companies have a presence in Nigeria. But such a comparison negates the reality that the two countries are at different stages of development. Nigerians are also exploring these opportunities — often in conjunction with South African companies. The Nigerian Stock Exchange in Lagos.