Tag Archives: investment
Currently intra-Africa trade stands at a mere 12% compared with about 40% in North America and about 60% in Western Europe
South Africa will be strengthening its investment relation with Ghana and Nigeria as the country’s department of trade and industry recognizes Ghana and Nigeria as strategic partners within the West Africa region. In this regards, the dti will send a business delegation on a Trade and Investment Mission to Accra, Ghana and Lagos, Nigeria from 20-25 March 2017 with the objective to identify and create export markets for South African value-added products and services while creating business partnerships between business communities of the respective countries. Sectors to be focused on by the mission includes Agro- Processing; Electro-technical; Infrastructure, Mining and Capital Equipment.
- EPSA contract signed today in Juba for South Sudan acreage.
- Oranto Petroleum is the 90% shareholder and operator of large Block B3, plans to invest $500 million for exploration and development.
- Government looks to new entrants to boost oil production.
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block today in Juba.
A new seed investment fund dedicated to providing smart capital to African startups, launches in Morocco. The initiative is led by entrepreneurs, for entrepreneurs, and backed by some of the world’s most famous US and African serial entrepreneurs and angel investors. After three years of hard work connecting entrepreneurs and building a startup community in Morocco on the ground, a team of entrepreneurs has launched this new seed investment firm called OUTLIERZ.
The newly appointed Minister of Agriculture, Dr Owusu Afriyie Akoto has announced the kick-start of a project termed ‘Planting for Food & Jobs programme’ under Ghana’s agricultural sector which is set to receive 125 million Canadian Dollars investment from the Canadian government. According to the minister, the project will create over 750,000 jobs for the youth. The project is scheduled to commence this March and to continue during the next farming season this year. The project seeks to create a sustainable food security structure for all people across the country. Planting for Food & Jobs will be operating under five main components: supply of improved seedlings, provision of fertilisers, extension services, marketing for produce and e-agriculture. Ken Ofori-Atta – Ghana’s Finance Minister represented the government of Ghana to sign the agreement which allows the release of the funds. The Canada government was represented by Ms Heather Anne Cameron, the Canadian High Commissioner to Ghana.
Africa Finance Corporation (AFC) has announced that a plan to invest 205 million USD in Guinea as an effort to help boost mineral exploration in the country through Alufer Mining Company (a Guinea based mineral exploration company) at their high grade bauxite reserve, Bel Air mine. The Bel Air mine is targeting release its first production by 2019 with an expected 10 million tonnes a year. The global bauxite supply is currently falling deficit to growing demand and thus, the development of AFC will increase production to contribute to global demand.
Last week, Dr Rob Davies – Minister of Trade and Industry, met with Dr Liam Fox – International Trade Secretary, in London for bilateral talks on trade and economic relations. This furthers an existing high-level engagement between the United Kingdom and South Africa. In 2015, bilateral trade in goods and services between the UK and South Africa stood at £7.6 billion with UK exports of goods and services increasing by 25% over the past 10 years while South Africa’s export has increased over 5% on an annual basis over the past 10 years – making South Africa the third biggest trading partner for the UK in the Commonwealth.
Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa
DC Finance’s CEO will be visiting NYC from June 17thto promote the East Coast Family Office & Wealth Management Conference and the firm’s institutional investment, corporate finance, going public and family office events in Israel. Available for meetings
Un nouveau rapport de la Banque mondiale prévoit un triplement de la part des pays en développement dans les investissements mondiaux d’ici 2030
D’ici dix-sept ans, les pays en développement, et principalement ceux d’Asie de l’Est et d’Amérique latine, abriteront la moitié des capitaux mondiaux — soit 158 000 milliards de dollars (en dollars de 2010) — contre un tiers seulement aujourd’hui. C’est ce que prévoit la dernière édition des Global Development Horizons (GDH)de la Banque mondiale, un rapport qui étudie l’évolution probable des tendances en matière d’investissement, d’épargne et de mouvement de capitaux sur les vingt prochaines années.
- La part des pays en développement dans les investissements mondiaux va tripler d’ici 2030.
- La Chine et l’Inde seront les plus grands investisseurs du monde en développement.
- L’amélioration des conditions de vie des populations pauvres passe par une meilleure éducation.
Dans moins d’une génération, le monde en développement dominera l’épargne et les investissements mondiaux. C’est ce qui ressort du dernier rapport Global Development Horizons (GDH).