Daily Archives: November 9, 2016
There is a significantly large growth opportunity and the region’s manufacturers are able to meet but only 30% of the demand in the pharmaceutical industry leaving the remaining 70% for imports. Raising of capital to improve product quality has been the limiting factor for most of these local producers.
Figures released at the SWIFT Business Forum West Africa show that the region has outperformed the total growth of SWIFT globally
GFI Launches Database–GFTrade–to help Developing Countries Generate Millions in Additional Public Revenue
Global Financial Integrity (GFI) launches its new database tool—GFTrade—with real-time price analyses to measure trade misinvoicing risks for 80,000 goods categories. Trade misinvoicing accounts for hundreds of billions in illicit financial flows from developing countries, and in curtailing these outflows, GFTrade would generate millions of dollars in additional domestic revenue.
The US$500 thousand project, which covers Cameroon, Cabo Verde, Morocco, Uganda and Zambia, has been commissioned within the 9th tranche of the UN’s Development Account
A UK trade delegation visited Guinea from October 31 to November 3, 2016 to meet with local mining companies. The objective of this mission was to meet with mining stakeholders in Guinea to find business and partnerships opportunities. The delegation included representatives of some companies such as Concrete Canvas, PW Mining International Limited, SRK Consulting, Joy Global, MonuRent and the UK International Trade Department.
By Hicks Sikazwe