Thursday, November 21African Digital Business Magazine

Tag: trade

African News

South Africa: AAD2012 offers an extraordinary branding opportunity to local companies

  Africa Aerospace and Defence 2012 (AAD2012) is the largest defence and aviation showcase ever to be held on the African continent, with thousands of people expected to attend the five day exhibition from 19 to 23 September 2012, at the Air Force Base Waterkloof. Exhibition space is already sold out, but there are still numerous sponsorship opportunities available. “The last event, AAD2010, attracted 93 000 people at Air Force Base Ysterplaat,” says Vhongani Shumba, Marketing and PR manager for AAD2012. “AAD2012 has moved back to Waterkloof after the base’s renovation and upgrade, and we will make the best possible use of the much bigger space here. “The increased exhibition space indoors and outdoors is already completely sold out, which gives an indication of the high esteem i...
African News

IBM Supports Accelerated Adoption of Technology in Tanzania

  DAR ES SALAAM, Tanzania, July, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today (July 4) signed a collaboration agreement with the Tanzanian Ministry of Communication, Science and Technology to help accelerate the adoption of technology as part of Tanzania's ongoing development and strategy to increase its competitiveness in East Africa. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) IBM will work with the Tanzanian Government to help achieve its vision of becoming a hub for trade in the wider East Africa region and to enhance sustainable economic development as outlined in the Tanzania National ICT Policy. "This agreement supports the goals of the National ICT Commission to use innovative technologies and approaches to transform our infrastructures, build national data...
African News

Can Africa Industrialise?

  by John Page Abstract Africa needs structural change to sustain growth. Industry with and without smoke stacks is key, but Africa has deindustrialised since the 1970s. Can Africa industrialise? Rising costs and domestic demand in Asia offer an opportunity. However, trade in tasks, firm capabilities and agglomeration will drive industrial location choices. Strategies to deal with these drivers of change are needed. Investment climate reforms should focus less on regulation and more on the gaps in infrastructure and skills. Policies to push exports, build firm capabilities and support agglomerations are also needed. Success will depend crucially on new donor attitudes and how policy is implemented. Please read here: http://jae.oxfordjournals.org/content/21/suppl_2/ii86.short
Tanzania News, Zambia News

Africa Loses Billions in Potential Trade Earnings, Falls Short of Vast Promise in Cross-Border Business―New World Bank Report

Washington, February 7, 2012 – With African leaders now calling for a continental free trade area by 2017 to boost trade within the continent, a new World Bank report shows how African countries are losing out on billions of dollars in potential trade earnings every year because of high trade barriers with neighboring countries, and that it is easier for Africa to trade with the rest of the world than with itself. According to the new report―De-Fragmenting Africa: Deepening Regional Trade Integration in Goods and Services―regional fragmentation could become even more costly for the continent with new World Bank forecasts suggesting that economic slowdown in the Eurozone could shave Africa’s growth by up to 1.3 percentage points this year. As the authors write, “while uncertainty surrounds ...