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The foreign investment in Nigerian equities in the third quarter of 2016 fell to nine - year low as investors seek safety in less risky and high yielding fixed income securities.
Despite recent improvements in infrastructure and affordability, internet adoption in Sub-Saharan Africa is not growing rapidly, a report says.
The Manufacturers Association of Nigeria (MAN) has cried out over the defiance by Nigerian banks of a Central Bank of Nigeria (CBN) directive to allocate 60% of all forex allocations to manufacturers.
Zimbabwe's clothing industry is under pressure from a worsening economy, which has rendered most local clothing lines uncompetitive against cheap imports that have flooded the market.
Nanchang — Lake Poyang and Lake Victoria, the largest freshwater lakes in China and Africa, respectively, are to witness closer cooperation in ecological protection and development, Chinese researchers have said.
Tanzania has commended China for various forms of support that China has been providing.
Adrar — The year 2017 will mark the end of cement import in Algeria, said Sunday Minister of Industry and Mining Abdessalem Bouchouareb during a working visit to Adrar (1543-km south of Algiers).
China and South Africa have signed a deal aimed at expanding bilateral trade in fruit. The China Entry-Exit Inspection and Quarantine Association (CIQA) and Fruit South Africa (FruitSA) signed a Memorandum of Understanding Monday to broaden fruit trade between two countries.
The Kenya Private Sector Alliance said Kenya had no capacity to build roads and the demand to manage the Kenya Rural Roads and Kenya Urban Roads authorities was largely informed by a desire for more money, not quality.
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