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Friday@Noon on Foreign Investment in Africa: 2018

10Apr

By Johan BurgerNo Comments

Business, Egypt News, Energy, Main

Friday@Noon on Foreign Investment in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Africa has been the recipient of foreign investment form a variety of foreign countries. In addition to the normal investors such as China, Japan, India, etc., we are also seeing new entrants or countries that are making a comeback. The countries identified below are also not meant to be the only investors, but have been noted in the general media. China in Africa China has been quite active in Africa for the past number of years. In addition to participating in infrastructure development contracts, it has also been financing a lot of Africa’s debt. It is still Africa’s largest trade partner. A prominent development is...

20Oct

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

OPIC TO DEDICATE STAFF MEMBER FOR SOUTH AFRICA IN 2013

Will support implementation of US-Africa Clean Energy Finance Initiative JOHANNESBURG, South Africa – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, will dedicate a senior staff member for South Africa in 2013, aiming to leverage the country’s position as a business hub and strategic U.S. partner into new investment opportunities for American and African companies. In the past two years OPIC has made significant efforts to expand its work in Africa, resulting in an extraordinary 300 percent increase in the agency’s commitments to the region last year. Whereas Africa comprised only four percent of OPIC’s global portfolio of loans, guarantees and political risk insurance in 2001, today it stands at a full 22 percent...

17Oct

By Africa BusinessNo Comments

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 ...

16Oct

By Africa BusinessNo Comments

African News, Morocco News

US and Morocco Launch New Strategic Partnership to Tackle Economic Development, Democratic Reforms, Terrorism, Syria

WASHINGTON, Oct. 16, 2012 /PRNewswire-USNewswire/ (MACP) -- Morocco and the US have announced a wide range of areas for bilateral cooperation — including ongoing democratic reforms, economic growth and jobs, women's empowerment and human rights, interfaith tolerance, countering terrorism, and ending the violence in Syria — in their recently launched Morocco-US Strategic Dialogue. This new partnership agreement is the result of more than a decade of focused, comprehensive leadership and cooperation by King Mohammed VI with three US Administrations to strengthen Morocco-US relations and implement the two countries' shared vision for the Middle East and North Africa. "Last year, when citizens of Morocco called for change, Moroccan society, under King Mohammed VI , answered with m...