Doing Business

Brown says global economy reliant upon growth in Africa

Monday, 26 July 2010 11:44

Gordon Brown has used his first major speech since leaving office to say the future growth of the world economy is reliant upon the development of Africa.

(1 Vote)

Tags: Gordon Brown - UK - Africa - Growth - development

World Bank gives Uganda $120 mln for agriculture

Tuesday, 29 June 2010 17:31

The World Bank has issued a a $120 million credit to Uganda aimed at boosting the productivity of its farm sector, a bank official told Reuters on Tuesday.

(1 Vote)

Tags: World Bank - agriculture - Steven Shalita - agricultural technologies - sustainable land management systems - Uganda

UN agency begins procurement scheme to benefit Ethiopian farmers

Friday, 25 June 2010 10:29

The United Nations World Food Programme (WFP) today began a scheme to boost about 70,000 smallholder farmers in Ethiopia by buying the food they produce to use in the agency's operations in the Horn of Africa country.

(1 Vote)

Tags: UN World Food Programme - Purchase for Progress - Bill and Melinda Gates Foundation - Mohamed Diab - Ethiopia

UN agency expands credit farming scheme in West Africa

Tuesday, 13 April 2010 13:26

The UN Food and Agriculture Organization's credit-based farming project in Niger has been so successful that the agency plans to scale it up and expand into Burkina Faso, Mali and Senegal, which are also suffering food shortages.

Tags: United Nations Food and Agriculture Organization - Ake Olofsson - Burkina Faso - Mali - Senegal - Niger

African leaders support agribusiness plan at UN-backed conference

Thursday, 11 March 2010 14:17

High-level representatives from 44 African countries wrapped up a United Nations-backed conference in Nigeria this week with the approval of an ambitious plan to generate employment, income and food security across the continent through agribusiness.

Tags: United Nations - agribusiness - food security - UNIDO - Kandeh K Yumkella - 3ADI - African Agribusiness and Agro-industries Development Initiative - AU - FAO - IFAD - ECA - African Development Bank - Millenium Development Goals - Ecobank Transnational Incorporated - Africa

Gabon unveils measures against corruption, for industry

Friday, 05 March 2010 12:21

Gabonese President Ali Bongo announced on Thursday a series of "emergency measures" to fight corruption, help industry and defend the environment.

Tags: Ali Bongo - Gabon Oil Company - forestry industry - Anti-poaching measures - Gabon

$20 million loan to support smallholder agribusiness in Zambia

Tuesday, 26 January 2010 14:03

About 30,000 small-scale farming households in Zambia, many headed by women, will benefit from a US$20 million loan to the country from the International Fund for Agricultural Development (IFAD).

(2 Votes)

Tags: International Fund for Agricultural Development - Smallholder Agribusiness Promotion Programme - Lucy Mungoma - Italy - Kanayo F. Nwanze - Zambia

50 000 East African fruit farmers empowered by Coca-Cola deal

Friday, 22 January 2010 13:49

The Coca-Cola Company, nonprofit TechnoServe, and the Bill & Melinda Gates Foundation have launched a partnership to enable over 50,000 small fruit farmers in Uganda and Kenya to increase their productivity and double their incomes by 2014.

(4 Votes)

Tags: Coca-Cola - TechnoServe - Bill&Melinda Gates Foundation - Fruit farmers - Mango - Passion fruit - Nathan Kalumbu - Muhtar Kent - Sylvia Mathews Burwell - Bruce McNamer - Kenya - Uganda - Africa

Ethiopian Airlines eyes China/India profit boost

Thursday, 14 January 2010 15:15

Ethiopian Airlines hopes to boost profits this year by taking advantage of growing ties between Africa and China and India, adding new routes to the Asian powers, Chief Executive Girma Wake said on Thursday.

(2 Votes)

Tags: Ethiopian Airlines - profits - Africa - China - India - Girma Wake - Ethiopia

Abidjan port launches scheme to cut fraud, delays

Friday, 27 November 2009 17:08

Ivory Coast's main port of Abidjan has launched a system to allow customers to track their goods' passage to and from the port, increasing operational transparency and efficiency, the managing director said.

(2 Votes)

Tags: Abidjan - corruption - efficieny - travel - trade - goods - Cote D'ivoire

Over $1 bln recovered from Nigeria bad bank debtors

Tuesday, 03 November 2009 11:59

Nigeria's anti-graft police on Monday said they have recovered more than 171 billion naira ($1.1 billion) from bad debtors of banks whose chiefs were recently sacked for maladministration.

(1 Vote)

Tags: graft - police - banks - bad debt - Economic and Financial Crime Commission - Femi Babafemi - Sanusi Lamido Sanusi - Nigeria

Emirates begins Luanda-Dubai flights

Tuesday, 27 October 2009 18:05

The first non-stop Emirates service from Angola's capital Luanda arrived in Dubai in the early hours of Monday, amid hopes of expanding business links between the two countries.

(2 Votes)

Tags: Emirates - Dubai - Luanda - Angola

A boost for African carbon offset projects

Friday, 23 October 2009 14:31

A new project development facility, launched last night by Standard Bank and the United Nations Environment Programme (UNEP), will give a boost to carbon offset projects in African countries.

(3 Votes)

Tags: UNEP - Standard Bank - United Nations Clean Development Mechanism - funding - South Africa

Internet prices drop by 90% in Cameroon

Wednesday, 26 August 2009 16:39

Internet prices in Cameroon have fallen more than 90 percent since the beginning of the year, but some want them even lower. Due to the falling prices, many people can afford to set up connections in their homes and offices.

(2 Votes)

Tags: internet - prices - reduction - competition - Yaounde - Orange - wireless - telecommunications - Cameroon

BBC launches TV series dedicated to African business

Friday, 21 August 2009 11:50

BBC World News has launched the Africa Business Report, a new show focussed on the benefits and challenges of doing business on the continent. The programme will aim to capture some of the energy and diversity of business life in Africa.

(2 Votes)

Tags: BBC - TV - Africa Business Report - business - Komla Dumor - Sean O' Hara - Skye Bank - Africa

Angola praised on Asian oil deals

Tuesday, 11 August 2009 11:39

One of Africa's largest oil producers, Angola, is much tougher in negotiating deals with Asian firms than critics might suggest, a new report claims. UK-based think-tank Chatham House says that Angola is resisting being exploited by Asian states.

(3 Votes)

Tags: oil - Asia - China - Chatham House - Jose Eduardo Dos Santos - Angola

Market respect for new S.Africa cenbank governor

Monday, 20 July 2009 12:27

Gill Marcus's credentials as a former central bank deputy governor and head of South Africa's largest retail banking group should reassure markets she is an able successor to respected outgoing governor Tito Mboweni.

Tags: Gill Marcus - Central Bank Governor - Tito Mboweni - ANC - market - monetary policy - South Africa

Investment monitoring tool to boost business in Africa

Friday, 10 July 2009 12:39

The United Nations and the African Union have launched a new tool, designed in partnership with the Microsoft Corporation, to help map investment flows on the continent and provide business leaders the information they need to make sound decisions.

Tags: UN - African Union - Microsoft Corporation - investment - tool - monitoring platform - business leaders - Africa

Egypt makes strides in fighting software piracy

Friday, 15 May 2009 12:31

Egypt continues to make progress in combating software piracy, with its rating by the annual Business Software Alliance (BSA), showing declining levels of the practice in the country.

Indonesia, Namibia agree to join forces

Tuesday, 12 May 2009 16:33

Indonesia and Namibia will sign a memorandum of understanding today to form a joint ministerial commission for bilateral cooperation, the Ministry of Foreign Affairs said on Monday.

Tags: Namibia

Business in Africa: an idea that's changing the world

Monday, 23 March 2009 16:12

Time magazine has selected 'Africa, business destination' as one of the 10 Ideas Changing the World Right Now, a collection of ideas in response to the changing global economy.