Tag Archives: investment
The significant economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF) (www.Africa-Conference.com) have been quantified in an independent assessment by the international audit, tax and advisory experts, Grant Thornton. The total contribution to African economies is estimated at $16.8 million and since inception, it is estimated that AHIF has been responsible for deals cumulatively worth over $4billion.
The question on how the Trump administration’s policies will impact Africa was met with mixed reaction Wednesday during a briefing at the African Utility Week Conference underway in Cape Town.
The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost infrastructure investment and growth in selected African countries
At the side lines of the landmark IsDB 42nd Annual Meeting in Jeddah, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund) (CADFund.com), a Beijing-based private equity firm and subsidiary of the China Development Bank which focuses on Africa.
A close relationship between South Africa and Zimbabwe has laid a solid foundation towards advancing industrialisation and regional integration between the two countries and in the region. This was said by the Director of Export Marketing and Promotions at the Department of Trade and Industry (the dti), Ms Seema Sardha during the Trade and Investment Seminar that was held on the margins of the 58th Zimbabwe International Trade Fair (ZITF)
Fumba Town’s first-of-its-kind sustainable real estate development, offers modern and affordable living as well as commercial space with unique investment opportunity available in the growing real estate market. Developed by CPS live Ltd., a Zanzibar-based German company, Fumba Town Development houses are state-of-the-art composition of multi-layered, fast growing plantation wood, fibre reinforced composite and fibre insulation. All materials are chosen according to German quality standards, complying with the requirements of the local ecosystem and treated for complete safety against parasites; thus coexisting harmoniously with environment and respecting the beauty and abundance of nature.
The private sector is the backbone of Somaliland economy and the biggest employment generator. However, it has inherent limitations which limit its potential to expand and pool together capital in the form of shareholding. The Majority of Somaliland businesses are sole proprietorship, family owned and partnerships. There are few shareholding companies, who operate on the basis of mutual trust rather than systematic corporate governance frameworks where the rights of shareholders are protected. It is time that Somaliland private sector should operate in a formal framework where operations and investment are not only done on individual trust and clan linkages but internationally accepted formal corporate governance frameworks.
There are many problems facing the agricultural industry in Africa – from weather issues to historically political reasons for its struggles – but there are a number of professionals and businesses trying to make farming in Africa a real success story.
“The authorities should advance rapidly with critical reforms aimed at translating investment into strong, inclusive, and job-creating growth,” says the IMF’s mission chief for Djibouti Eric Mottu.
Currently intra-Africa trade stands at a mere 12% compared with about 40% in North America and about 60% in Western Europe