Tag Archives: African foreign investment
African foreign investment: Latest News
Staff, 9:09 am
The role of Tunisia’s Agricultural Investments Promotion Agency, to promote investment in Tunisian agriculture. Neighboring Libya’s descent into unruly chaos has resulted in a marked decline in overall exports from Tunisia. Exports fell by 25 per cent during the 2016/17 season compared with the year before. “We aim to drive foreign direct investment into the sector,” confirms Rachid Belanes of APIA, “as well as into technology and trade. In Tunisia, we produce a wide variety of produce.”
Nigeria Bans Foreign Professionals Without Nigeria Certification As Move To Boost Technological AcquisitionBy Staff, 8:30 am
The Federal Executive Council, FEC, approved a new policy that for any foreign professionals to practice in Nigeria, they have to be registered and certified. This is as the Federal Government has declared a state of emergency on science and technology to boost technological acquisition for the industrial growth of the country. To attract foreign industries, the Federal Executive Council has approved tax rebate which will serve as an incentive for pioneer industries operating in Nigeria.
Staff, 9:10 am
AFROBYTES Tech Conference is undoubtedly Europe’s preeminent Africa-focused gathering of entrepreneurs, business executives, investors, academics, politicians and media interested in acting on the commercial opportunities presented by Africa’s tech and innovation industry. Earlier this month, the event was held in the heart of Paris for the second year in a row, and once again enjoyed the enthusiastic support of France’s largest employer federation, the Movement of the Enterprises of France.
Kevin Mwanza, 7:55 am
South Sudan, Africa’s newest independent nation, has invited foreign investors to the nation’s oil-rich areas by saying that regions are safe. The oi-rich nation has seen an escalation in violence since July 7, when fighting broke out in the country’s capital, Juba. The conflict has left over 300 people dead and thousands of others displaced as fierce battle between government forces and rebels allied to deposed Vice-president Riek Machar rages on.
Global Risk Insights, 9:05 am
For a country still coming to grips with a contested poll in Zanzibar and the withdrawal of hundreds of millions of dollars of development assistance funds from the US and possibly other Western countries, Tanzania has a surprisingly solid fiscal outlook. The nation’s GDP has increased by about 7% for the last several years, and its current account deficit is narrowing. It continues to attract more foreign direct investment (FDI) than most of its East African neighbors, with FDI rising 14.5% in 2015 and 61.7% in the last six months alone.
Ann Brown, 1:00 pm
From How We Made It In Africa Swiss small and medium enterprises (SMEs) are realizing Africa is the last ‘frontier’, and are excited about the significant business opportunities the region has to offer. At the same time they recognize the potential risks and challenges, and are unsure how exactly to enter the market. This is […]
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