Friday, November 22African Digital Business Magazine

Tag: invest in Africa

Angola News

Angola’s Special Economic Zone, provides new services to national and foreign investors with the inauguration of the GAI – Investor Support Office

The Luanda-Bengo Special Economic Zone (ZEE)  launched a useful new tool for investors,  the GAI (Guiché de Apoio ao Investidor), or Investor Support Office, which in addition to supporting the presidential directive to facilitate access for national and foreign investors, will eliminate bureaucratic obstacles that can hinder the actions of those who want to access Angola’s privatized assets or those businesses already established within the ZEE. The GAI will: - reduce the time needed to access and resolve matters relating to the Angolan public administration - contribute to a significant increase in the number of companies based in the ZEE - expand domestic production and the export of goods generated by the Angolan economy - increase foreign direct investment in the Republic of Ango...
African News, South Africa News

R70 MILLION INVESTMENT FOR EAST LONDON TERMINALS

  [EAST LONDON – October 2012] TheEast London multi-purpose terminals operated by Transnet Port Terminals have celebrated a historical moment this month when it took delivery of a R70 million brand new Liebherr mobile crane on 14 October 2012. The MV Annette vessel discharged the crane as a semi-assembled unit, which will be assembled by a team of engineers on site.   “It is indeed an exciting moment for the East London terminals as this is a historical moment where East London received its first ever mobile crane. This also reaffirms Transnet’s commitment to increasing economic activity in this region,” says SiyaMhlaluka, TPT’s GM: Eastern Cape Terminals.   “The investment will address the market demand for cranes in East London to improve efficiencies to o...
African News, Equatorial Guinea

Equatorial Guinea Calls For Closer U.S. Cultural And Business Ties

  President Obiang highlights importance of American investment in driving Equatorial Guinea's economic growth. International Leadership Conference unites African leaders with African diaspora. MALABO, Equatorial Guinea, Oct. 17, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinean President Obiang Nguema Mbasogo called this week for a strengthening of commercial ties and cultural exchanges with the United States—and particularly with African-Americans—as a key to Africa's development. He made the remarks at the opening of the International Leadership Conference, co-sponsored by Equatorial Guinea, GB Energy and the World Mayors Conference, which is taking place in the Sipopo Conference Center of the capital city of Malabo from October 15-20. "This meeting is an opportunity for the ...
African News, Equatorial Guinea

Equatorial Guinea Inaugurates New High-Capacity Power Plant In Djibloho

  Entire country now has access to electrical power. MALABO, Equatorial Guinea , Oct., 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea has inaugurated a new electricity plant in the city of Djibloho that forms the final major element in its plan to extend electrical power to the entire nation.  President Obiang Nguema Mbasogo dedicated the plant in an official ceremony on October 11 . "The importance of this project is to ensure a better life for all of our citizens […]," President Obiang stated at the ceremony. "Today we are going to overcome a challenge, electricity for everything, energy for everyone; some took it as an impossible deed, but today Equatorial Guinea now has energy for all of its citizens." The Djibloho Hydroelectric and Distribution Plant is one of the nation's...