Date Archives for June 2013
Dana Sanchez, 5:25 pm
Ethiopia wants to boost power production fivefold by 2015. The U.S. agreed in June to negotiate project deals with private-sector developers. USAID’s programs in Ethiopia have seen remarkable results but Ethiopia wants to eventually eliminate the need for aid, a report says.
Makula Dunbar, 3:57 pm
Since the official opening in December of 2009, the Independent Online reported that South Africa’s Cape Town Stadium has struggled to live up to the financial generator it was built to become.
Dana Sanchez, 3:50 pm
South Africa’s corporate private sector is undertaking far more new project investments into Africa than state-owned counterparts. These include telecommunications, led by MTN; financial services including banks such as Standard Bank, First Rand, Sanlam and Liberty Life, and retailers such as Shoprite, Pick n Pay, Woolworths and Massmart.
Dana Sanchez, 2:20 pm
Trade between UAE and Africa is expected to increase 27 percent and reach $30 billion in 2013.
Dana Sanchez, 1:13 pm
A bill has been introduced to force the White House to better manage trade with Africa. The bill sets a goal of increasing U.S. exports to Africa by 200 percent in 10 years, a report says.
Makula Dunbar, 12:54 pm
China and Jindal Steel and Power (JSPL) have expressed great interest in taking over Liberia’s largest iron ore mine, Wologisi. According to The Hindu Business Line, though the deal has yet to close, it could be worth as much as $2 billion.
Dana Sanchez, 12:39 pm
TechnoServe helped three emerging farmers in Limpopo. The project started with a $125,000 loan from the Woolworths Foundation and now produces 600 tons of tomatoes a year.
Dana Sanchez, 11:48 am
Senegal is pledging to expand access to credit for small farmers, better target seed and fertilizer subsidies, tackle corruption and offer tax exemptions to its value-added tax system
Makula Dunbar, 10:19 am
Together with funds from the African Development Banks (AfDB) and the Gambian government, the country has locked down 2 million euros ($2.6 million) to fund a much needed water reform program. Through the Ministry of Fisheries and Water Resources, the Gambian government lent five percent of the project’s funding
Makula Dunbar, 8:58 am
The Republic of China (Taiwan) is to help the Gambia government to establish its first Digital Opportunity Centre to the tune of US$102,000. According to a release issued by the government, the centre is to serve as a one-stop-shop training centre in the area of science and technology, and other ICT-related disciplines.
- Real Estate