Most Recent News

Morocco’s Trade Deficit up 12.6%, Foreign Direct Investment down 8.6%

By the end of August 2018, Morocco’s trade deficit year-to-date had increased to MAD 77.8 billion, up from MAD 69.1 billion in the same period of 2017. The trade deficit.

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Indian firm Bajaj Electricals to increase investment in Nigeria

Bajaj Electricals and its main distributor in Nigeria, MACE Nigeria Limited, have announced plans to expand the investment of the Indian manufacturing company in Nigeria by increasing the volume of.

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‘Foreign investors ready to increase investments in Nigeria’

The Minister of Budget and National Planning, Senator Udo Udoma, has expressed appreciation to foreign investors for the interest they continue to show in Nigeria and their willingness to spread.

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Kenya: World Bank Unit Invests Sh20 Billion in Kenya Firms

World Bank’s private financing arm International Finance Corporation invested Sh20 billion in Kenya the year ended June and expects that this will at least double in the year ending next.

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Konga to invest N2.9b in K-Xpress for e-commerce logistics

Electronic Commerce firm, Konga is set to invest N3.5 billion in K-Xpress, its logistic arm, for better service delivery. Chairman of Konga, Olusiji Ijogun, who disclosed this at the weekend.

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Nigeria records $45.7bn investments in six months

The Nigerian economy recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment.

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Firm Invests 300bn in Dairy Market

Royal FrieslandCampina WAMCO has strengthened its business in the Nigerian dairy industry with a fresh injection of €23 million (N300billion) into its operations. It is part of its sustainable Dairy.

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China, Africa Join Hands to Create Better Future

By Wang Wen   The future of China-Africa cooperation has recently become a hot topic as the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) achieved success. The.

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South Africa Delegation arrives in Japan for Investment Mission

The South African delegation led by the Acting Head of Invest South Africa, Mr Yunus Hoosen has arrived in Tokyo, Japan for an investment mission that will be taking place.

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Basic Facts You Should Know About the Reciprocal Model of China-Africa Cooperation

The two-day 2018 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing kicked off on Monday. As the bond of China-Africa tightens, misunderstanding of China-Africa cooperation is fading away, allowing the.

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