Business: Latest News
Dana Sanchez, 8:58 pm
Insisting that the biggest threat to Africa is poor transportation, poor communications and poor energy infrastructure, Harvard Professor Calestous Juma appealed to African countries to deploy their armies in developing economic defense.
Dana Sanchez, 7:58 pm
AgriProtein, a Cape Town-based company that farms fly larvae and turns them into animal feed, beat out 900 other applicants from 45 countries to win the $100,000 Innovation Prize for Africa for 2013.
Dana Sanchez, 7:12 pm
ANGLO American Platinum, the world’s top platinum producer, announced Friday it will cut 6,000 mining jobs in South Africa to restore profitability.
The original plan was to slash 14,000 jobs and reduce production by close to 20 percent but plans were scaled back partly because next year is an election year for the ANC, according to a Reuters report.
Dana Sanchez, 6:01 pm
Bamboo farming in Tanzania could help offset deforestation, reduce the cost of carbon emissions and its fast-growing qualities as a wood substitute could help create new industry and jobs in Tanzania.
Dana Sanchez, 5:03 pm
Former Ugandan Minister Of Agriculture says Africa can learn a lot from China on how to be self sufficient and export African products.
Makula Dunbar, 2:49 pm
China and Portugal are becoming increasingly important for trade relations with Angola, whilst the United States and France are losing ground in the country’s balance of trade, according to Angolan figures cited by Portuguese bank BPI.
Dana Sanchez, 2:36 pm
With Swedish exports down 3.6 percent in 2012 and afraid of being stuck in a slow-growth economy, Sweden is targeting Africa to revive trade.
Makula Dunbar, 2:28 pm
Morocco’s 160MW solar energy project to become operation in 2015, output to produce $1 Billion revenue.
Makula Dunbar, 2:12 pm
New Mauritius Hotels experiences 19 percent drop in profit.
Makula Dunbar, 1:39 pm
Raubex, a road construction company seeks contracts in Zambia and Botswana
- Real Estate