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Central Africa Economy News. Service for global professionals. Constantly updated news and information about Central Africa Economy.
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Latest Central Africa Economy News

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  • Obama in China, China in Africa 23 Nov 2009 05:53 GMT
    ... from Egypt, where a two-day forum on China-Africa Cooperation was held. China has agreed to increase ... last year China invested $9 billion in Congolese infrastructure, and got control of mining deposits ... China adds control of some of Nigeria’s, Cameroon’s and Gabon’s oil reserve in exchange for ...

  • Burundi's inflation falls to 7.0 pct in October 23 Nov 2009 09:18 GMT
    ... BUJUMBURA, Nov 23 (Reuters) - Burundi's annual inflation rate fell to 7.0 percent in October ... 30.6 percent in September, the Institute of Economic Studies and Statistics (ISTEEBU) said. The International ... Editing by Toby Chopra) (For more Reuters Africa coverage and to have your say on the ...

  • Investors Impressed By Business Climate 23 Nov 2009 10:12 GMT
    ... a fact-finding mission said on Friday that Rwanda, has a 'terrifically attractive investment climate' that is capable of ... and see what is happening here, the socio-economic transformation and good leadership obviously want to ... this 120 million population base of East Africa," "I predict in the next 2-3 years, ...

  • Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
    ... investors are hungry for shares in unlisted African firms and could provide the needed shot ... on Africa's growth prospects. A fortnight ago, Rwanda President Paul Kagame, former British Prime Minister Tony Blair ... such as Rwanda, which have a stable macroeconomic policy and limited political risk. Mr Blair, ...

  • 'Economy is in paralysis' 23 Nov 2009 10:56 GMT
    ... Kampala President Museveni has said Uganda’s economy officially reported to be growing phenomenally is ... Saturday. He added: “What we need in Africa in general and Uganda in particular, is ... the 39 military students from Kenya, Tanzania, Rwanda, Southern Sudan and Uganda, that the region must build ...

  • Government, Investors Sign $250m Bio-Fuel Deal-Green Development 23 Nov 2009 17:50 GMT
    ... replacement of up to 20% of the Rwandan fossil fuel requirement with low emission bio-fuels. Mark O'Brien, ... a new generation of environmentally friendly and economically responsible energy production." This deal is part ... deal is part of a larger Sub-Sahara Africa bio-fuel strategy. The investors Eco-Fuel Global and ...

  • African Global Capital Keen to Invest in Mining 23 Nov 2009 15:55 GMT
    ... Harare — SOUTH Africa-based investment firm, African Global Capital, believes now ... and benefits of investing in the local economy as things stand. Mr Benning was part ... in Chad, Niger, the Democractic Republic of Congo, Angola and South Africa. The delegation last week met ...

  • Regional CEOs See Growth in Protocol 23 Nov 2009 12:32 GMT
    ... opened with the signing of the East Africa Community (EAC) Protocol in Arusha on Friday. The ... Jakaya Kikwete of Tanzania, Paul Kagame of Rwanda, Yoweri Museveni of Uganda and Pierre Nkurunziza of Burundi finally signed the protocol that had been ...

  • EAC Expansion Good for Its People 23 Nov 2009 13:27 GMT
    ... Kigali — The news that East African Community's neighbours, the Democratic Republic of Congo (DRC), and the Sudan have shown interest in joining the ... a stable and prosperous region. The region's economic development is still below what is needed ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... significantly eroded in recent months, as the economic downturn ate into consumer market power reducing ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an ... outlets, and the first to enter the Rwanda market where it spent Sh240 million ($3 million) to ...

  • Country Wins Praise Over Food Security 23 Nov 2009 10:00 GMT
    ... Nairobi — Rwanda has joined Malawi as the next successful example of ... successful example of a green revolution in Africa. Besides Tanzania, it is the only other ... food to an exporter and revolutionised its economic growth. Encouraged by the success in Malawi ...

  • President Kikwete - 'Agriculture is Everything' 23 Nov 2009 15:14 GMT
    ... to discuss a range of issues with AllAfrica. One of them was food security. Since ... more than 80 percent of the vote. Economic growth topped six percent in 2007 and ... of Liberia and President Paul Kagame of Rwanda. Kikwete outlined specific policies and actions that could promote ...

  • e-Health Technology Can Improve Medical Services [opinion] 23 Nov 2009 12:20 GMT
    ... e-Health Technology Can Improve Medical Services [opinion] (AllAfrica.com Via Acquire Media NewsEdge) The Ministry of ... such as Mauritius, Ghana, South Africa and Rwanda. Summarily, technology should be embraced and fused into ... systems officer Ministry of Finance Planning and Economic Development (c) 2009 AllAfrica Global Media. Provided ...

  • Firms to get 'too much profit' from Uganda oil 23 Nov 2009 10:31 GMT
    ... an advocacy group said on Monday. East Africa's third largest economy hopes to join the league of oil-producing ... Graben region bordering the Democratic Republic of Congo. Kampala says initial, small production would start soon. Neither ...

  • EAC becomes first trading bloc to have common market in Africa 22 Nov 2009 08:46 GMT
    ... the Common Market protocol in Arusha. East African Community has become the first trading bloc in ... July 2010. Tanzania, Kenya, Uganda, Rwanda and Burundi are confident that the deal allowing the free ... strong indications that the Democratic Republic of Congo and Sudan could be joining the EAC ...


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