Economy

Nairobi News

Economy 16 Oct, 2012

New fuel prices in Kenya have been announced by the Energy Regulatory Commission (ERC) and take effect from 15 October until 14 November. In Nairobi super petrol has increased by Sh6.31...

Lagos News

Six-month ultimatum for illegal Lagos land owners

Economy 05 Aug, 2012

The state government of Lagos has warned that residents who have acquired land using fake documentation have six months to regularise their situation or face penalties. The governor of Lagos Babatu...

Nairobi News

South Korean strengthens ties with Kenya

Economy 11 Jul, 2012

The University of Nairobi is to establish a South Korean Study Centre following an agreement with the Korean Foundation, an independent organisation affiliated to South Korea's foreign affairs ministr...

Dar Es Salaam News

Swiss chocolate produced in Dar es Salaam

Economy 08 Jul, 2012

Swiss chocolate company Neuchatel Chocolate is to establish a facility at Dar es Salaam’s Export Processing Zone (EPZ) in September, when it will produce chocolates for export. The premium choc...

Maputo News

Barcodes for Mozambique

Economy 27 May, 2012

The Mozambican government is poised to introduce a barcode system in the country later this year, according to the industry and trade minister Armando Inroga. Inroga said that his adminis...

Arusha News

African Development Bank Group to meet in Arusha

Economy 11 Apr, 2012

The annual meetings of the African Development Bank Group (AfDB) take place in Arusha from 28 May - 1 June, with the theme "Africa and the Emerging Global Landscape: Challenges and Opportunities"....

Maputo News

Mozambique considers changing working hours

Economy 23 Mar, 2012

The Mozambican government is considering changing the working hours of the country's financial sector in a bid to reduce traffic congestion in major cities such as Maputo. Discussions are taking pl...

Dar Es Salaam News

Chinese goods fair in Dar es Salaam

Economy 13 Mar, 2012

The Chinese government will stage an exhibition of Chinese merchandise in Dar es Salaam from 28 June to 8 July, as part of China’s plan to hold goods exhibitions across Africa, beginning this ye...

Cape Town News

Cosatu strike to cause nationwide disruption

Economy 11 Mar, 2012

Cosatu, South Africa’s largest trade union federation, is expecting its strike on 7 March to attract about 35,000 people in Cape Town alone, with approximately 100,000 across the country.The str...

Accra News

Accra hosts ECOWAS-China forum

Economy 11 Mar, 2012

ECOWAS-China Forum from 20-21 March, during which private sector representatives from the Economic Community of West African States (ECOWAS) will meet to develop partnerships in a wide variety of sect...

Cape Town News

Cosatu strike to cause nationwide disruption

Economy 05 Mar, 2012

Cosatu, South Africa

Accra News

Accra hosts ECOWAS-China forum

Economy 04 Mar, 2012

Accra hosts the second edition of the ECOWAS-China Forum from 20-21 March, during which private sector representatives from the Economic Community of West African States (ECOWAS) will meet to develop...

Nairobi News

World Bank’s global hub in Nairobi

Economy 26 Feb, 2012

The World Bank opened a new global network in Nairobi on 22 February to provide greater assistance to more than 30 conflict-affected countries, most of which are in Africa and the Middle East. The...

Cairo News

Egypt to sign IMF loan

Economy 21 Feb, 2012

Egypt plans to sign a loan agreement worth $3.2 billion with the International Monetary Fund (IMF), according to the country

Cape Town News

Cape Town hosts 2012 Africa Economic Forum

Economy 08 Feb, 2012

Cape Town is to host the 6th edition of the Africa Economic Forum from 5-7 March at the city

Nairobi News

MasterCard opens hub in Nairobi

Economy 02 Feb, 2012

Multinational financial payments system MasterCard has established a regional hub in Nairobi to serve the east African market and Mauritius. MasterCard said that its new base in the Kenyan capital...

Maputo News

Storms hits Mozambique

Economy 26 Jan, 2012

A second tropical storm to hit southern Mozambique in less than two weeks has destroyed thousands of homes in the south of the country and affected some 250,000 families. The state radio says that th...

Lagos News

Nigeria strikes over petrol price hikes

Economy 09 Jan, 2012

A national strike brought much of Nigeria to a halt on 9 January, with more than 10,000 demonstrators protesting across the country against the government

Lagos News

Violence spreads in Nigeria as fuel subsidies end

Economy 05 Jan, 2012

Nigeria

Arusha News

Arusha chapter of British Business Group opens

Economy 16 Nov, 2011

In his recent visit to Arusha Prince Charles, the heir to the British throne, opened the Arusha chapter of the British Business Group, a network of ex-pats to promote British business in Tanzania. Mem...

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