Proper accountability of donors' funds by the Government and civil society organisations will attract more assistance into the country, a management consultant has said.
Exporters of locally made products to the United States of America (USA) have cited East Africa's poor infrastructure as a major challenge to doing business in the region.
In the last few weeks, the bubble of Dubai real estate market got burst and since then has been sending shocks direct to the spines of chronic investors in the city's high rise construction industry.
The U.S. permanent representative to the United Nations agencies in Rome, Ambassador Ertharin Cousin, announced an additional $70 million in emergency food aid to the U.N. World Food Programme (WFP) December 9, providing an additional 92,310 metric tons of food for the 2010 calendar year.
The issue of carbon trading promises to be among the most hotly debated topics at the ongoing Climate Change Conference in Copenhagen.
After two days of controversy-ridden debate, Parliament has finally given the green light to a project aimed at leasing the Mombasa-Malaba highway for 30 years to a private investor.
Kenya has finalised plans to set up regional integration centres at key border points with neighbouring countries from January next year as the East African Community (EAC) prepare to dismantle their custom systems to ease cross-border commerce.
IT is no longer news that the Yar'Adua government can now beat its chest and claim to have chalked up some sort of achievement in an otherwise barren and arid tenure.
The Government of the Republic of Liberia and the People's Republic of China have signed a grant for 50 Million RMB yuan, an equivalent of nearly US$8 million to support projects agreed upon by the two countries.
SOUTH African President Jacob Zuma yesterday said Zambia was an ideal country for investment and called on South African investors to seriously consider improving the lives of ordinary people in areas where they have invested.
German-based investors led by financial group, African Development Corporation has acquired a 54 percent stake in Premier Finance Group Limited in a deal worth US$6 million.
APPETITE for African capital markets among foreign investors has grown as the current financial downturn eases, but there is need for countries to adopt a holistic approach to sustain investment.
In order to boost the presence of Tunisian products on the Libyan market and to encourage trade cooperation between Maghreb businessmen, Tunisia is taking part from December 5 to 11 at the second Maghreb Industrial and Agricultural fair at the International Exhibition Hall in Tripoli (Libya). The Tunisian participation is organized by the Exports Promotion Centre.
A Non Governmental Organization (NGO), Global Initiative for Peace, Love and Care (GIPLC), over the weekend donated N100,000 each to 10 orphanages in Abuja and Benue State.
THE cap and trade system is a better option for curbing carbon emissions than carbon taxes, as these do not encourage companies to change their behaviour, says a climate change consultant.
NAMIBIA with its small population could concentrate on developing its services sector even more, as it would be rather difficult for the country to compete with larger economies like South Africa in the manufacturing sector, the EU ambassador to Namibia has said.
Luftansa Group has announced that at the end of September, its fleet increased to a total of 725 aircrafts, even as it also disclosed that it was making huge investments in ground facilities.
Following the failure of Commerce and Industry minister, Chief Achike Udenwa, to attend public hearing on a proposed law to review existing bilateral trade agreements between Nigeria and other countries, House of Representatives yesterday threatened to ignore the 2010 budget estimates of the ministry.
Developing economies dependent on export commodities such as Kenya face uncertain times over persistent volatility of ocean freight charges, a new global maritime report warned.
China has not given up on its attempt to become a player in the Nigerian oil industry. Consequently, the $50 billion offer to the Federal Government to enable it acquire 49 per cent stake is still on the table. This translates to some six billion barrels in oil reserves.
ZIMBABWE and two Chinese investors on Monday signed four multi-million dollar deals that will see the Asian companies investing in the mining and transport sectors.
Despite the recent liquidity crunch in the banking sector, the sector has registered a significant growth in the last four years, netting Rwf80 billion in equity this year from Rwf21b in 2005, according to information from the National Bank of Rwanda (NBR).
A European Parliament (EU) delegation has decried the fact that although Botswana is classified as a middle-income country, almost 30 percent of the population is living below the poverty datum line of $1.25 a day.
HEAVY investments in the construction industry has boosted the performance of the sector, which is growing faster than mining and tourism, officials said earlier this week.
An MP has proposed that private investors join the the manufacture of number plates business for the country's vehicles.
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