Business tycoon Oktay Ercan urges Turkish firms to find partners from other G20 nations to take best advantage of opportunities on the African continent.
At a time when investors are turning to Africa as a new relay for global economic growth, TIFI 2016 will highlight the country’s investment opportunities - some yet unforeseen – to investors from across the globe. Involvement at TIFI 2016 will align you with the most influential companies and personalities in all key sectors in Tanzania and the region. The TIFI 2016 Forum will be the largest gathering of industry leaders, SMEs, investment funds, bankers, institution leaders, political decision-makers and international media representatives, coming together behind the Tanzanian growth story, its potential and its ambitions to become a middle income country by 2025. The discussions will focus on opportunities in different sectors of the Tanzanian economy and regional integration. Message from Juliet Rugeiyamu Kairuki Executive Director, Tanzania Investment Centre “The Tanzania Investment Centre will deliver a presentation and showcase investment opportunities in Tanzania. We look forward to welcoming you to Dar Es Salaam where you will experience the hospitality of our country. The Tanzania Investment Centre will render the necessary assistance to all participants in the quest for investment in Tanzania”.
CAIRO, 16-18 February 2016
EnergyNet will host the Egypt Energy Investment Summit in Cairo in February 2016. The Summit will bring together the world’s leading power developers, investors and technology and solution providers to discuss capacity building within Egypt’s industrial communities, creating a dynamic platform for the accelerated development of Egypt’s energy sector.
High growth in the Democratic Republic of Congo (DRC) over the past decade has been largely driven by the mining industry, and analysts believe it will continue to be one of sub-Saharan Africa’s fastest growing economies over the next decade, with growth rates well above 6%. Growth this year is forecasted to be in the region of 8.4%, down from an estimated 9.2% in 2014 as a result of weakened commodity prices. In this interview with PM Communications, Prime Minister Augustin Matata Ponyo discusses how DRC is working to diversify the economy away from the extractive sector by investing in energy and agro-industry in order to create sustainable development.
The Global African Investment Summit in London overcame some late, high-profile withdrawals to provide an engaging and detailed look at the role of the private sector in creating sustainable development through long-term investment.
Intra-Africa trade accounts for 16 percent of Africa’s global trade compared with about 40 percent in North America and about 60 percent in Western Europe. Africa remains economically fragmented with 54 small markets.
While intra-Africa trade may be low by global standards, for most African countries intra-African trade is already considerably more important than the aggregate figures suggest. The shares of intra-African trade in African countries’ total exports show that Africa is by far the second most important export market for most African countries behind Europe. The key feature is that intra-Africa trade is more diversified and growing.
China's President Xi Jinping on Friday pledged $US60 billion in financing for development across Africa, aiming to reaffirm his country's commitment to the continent despite the economic turmoil caused by slowing growth of the world's second-largest economy.
Mr Xi told dozens of African leaders at a summit in Johannesburg the funds would be invested in 10 projects over three years. The Chinese leader didn't specify which of Africa's more than 50 countries would receive the aid.
The 2015 Africa Prosperity Conference Summary
Thank you to the 120+ delegates who attended this year's Africa Prosperity Conference. A selection of photos is now available to view Click Here.
At the 25th AU Summit in South Africa, political leaders including President Zuma of South Africa, President Muhammadu Buhari of Nigeria, AU Commission Chair Zuma, reaffirmed their commitment to the Continental free Trade Area, emphasizing its economic and globally strategic importance.
This 2015 Africa Prosperity Conference looking at increasing trade and investment in Africa and specifically promoting local content, brought over 120 stakeholders together to seek out new opportunities to grow business in the continent. The conference once again featured a combination of plenary sessions and sector-specific breakouts. More details are available on the agenda page Click Here.