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Development billions channelled through tax havens
11 Nov 2014Public institutions providing finance to businesses in developing countries are channelling billions of euros through secretive tax havens, a report published today (4 No...
read moreSitharaman sees hope for trade facilitation in WTO talks
11 Nov 2014Commerce minister makes strong case for food subsidy to poor
India on Sunday exuded confidence that the current impasse over the Trade Facilitation Agreement (TFA) and f...
read moreObama says momentum building on ‘historic’ trans-Pacific trade deal
11 Nov 2014U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the fi...
read moreECOWAS slammed over delay in adoption of single currency
11 Nov 2014Some analysts have slammed the Economic Community of West African States (ECOWAS) for its frequent postponement of the deadline for the adoption of a single currency.
The new dead...
read moreEU says Yes to Kenya biotech food exports
11 Nov 2014
The European Union has rescinded its earlier statement that Kenyan farmers will find it difficult to find market in the EU if the country adopts genetically modified crops.
...
read moreFailed Mozambican deal hits SA firms
10 Nov 2014South African blue-chip companies have ended up on the wrong side of a soured R3.7-billion Mozambican port deal, including Esor Franki and law firm Bowman Gilfillan.
South African...
read moreKenya to sign convention that curbs tax fraud
10 Nov 2014
Kenya plans to pursue individuals who use offshore companies to evade taxes and commit other economic crimes, after the government announced it will endorse an international conv...
read moreWorld Bank supports new actions to improve connectivity of Land-locked Countries
10 Nov 2014Landlocked countries can improve their connectivity by strengthening cooperation with their transit neighbors and other global partners, as well as pursuing specific actions to red...
read moreTreasury seeks reforms to deal with weak economy, low budget spend
10 Nov 2014
Kenya’s rebased economy will not grow as fast as initially projected, a paper tabled by Treasury Secretary Henry Rotich shows.
Instead of the 5.8 per cent growth rate on w...
read moreCommuniqué of Africa Business Initiative Response to Ebola
10 Nov 2014At an historic meeting on 8 November 2014, the African Union together with African Development Bank, the United Nations Economic Commission for Africa and leading businesses in Afr...
read moreExports of poorest countries rebounded in 2013 but their trade share remains marginal
09 Nov 2014The exports of goods and commercial services from least developed countries (LDCs) increased by 5.2% last year but the total share of LDCs in world trade remains marginal, the LDC ...
read moreNew global tourism initiative to ‘steer industry onto a truly sustainable path’ – UN
09 Nov 2014Tourism is one of the largest and fastest-growing economic sectors in the world contributing 9 per cent to global GDP, accounting for one in 11 jobs worldwide and for 6 per cent of...
read moreIFC launches $450 million initiative to spur private sector trade and investment in Ebola-affected countries
09 Nov 2014IFC, a member of the World Bank Group, on 5 November 2014 announced a package of at least $450 million in commercial financing that will enable trade, investment, and employment in...
read moreWTO report says restrictive trade measures continue to rise in G-20 economies
07 Nov 2014Restrictive trade measures introduced by G-20 economies since 2008 continue to rise, according to the latest WTO report on recent trade developments issued on 6 November 2014. Give...
read moreMinisters of Central African countries are taking a decisive step toward the creation of a green economy
07 Nov 2014The ministers of Central African countries are taking a decisive step toward the creation of a green economy, with a focus on the timber industry
The government of the DRC announc...
read moreChina topples India as main exporter to Kenya
07 Nov 2014China has overtaken India to become Kenya’s top source of imported goods, newly released data show.
The world’s most populous nation grew its exports to Kenya by 37.9 per ce...
read moreAfrica’s transforming energy sector demands new approach from industry players
07 Nov 2014The global energy industry is undergoing a seismic shift, in part driven by development of new, unconventional sources of energy, such as shale gas, tight oils, coal seam gas and o...
read moreDjibouti turns to its peers for advice on reaching its goals
07 Nov 2014Djibouti is preparing for the future. The small country on the Horn of Africa has outlined an ambitious set of goals it hopes to achieve over the next two decades. These goals are ...
read moreAfrica on the rise, with trade set to be worth billions to Irish exporters
07 Nov 2014Trade between Africa and Ireland is expected to reach €24bn by the end of the decade, Trade and Development Minister Sean Sherlock told a conference recently.
The minister said ...
read moreIMF supports Comesa to boost competition in regional market
07 Nov 2014The International Monetary Fund (IMF) on Monday said it will assist the 19-member Common Market for Eastern and Southern Africa (Comesa) to implement market competition guidelines....
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