• Building resilience on climate change is top priority for COMESA

    With the high dependency on agriculture for majority of COMESA Member States, there was need to be vigilant with the threats of climate change that may affect the productivity of the sector, COMESA Secretary General Chileshe Kapwepwe has said.

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  • Double win for Malawi as leather and textile projects are launched

    Malawi is the latest beneficiary of two regional integration projects expected to spur the leather and textile industry in the country. These are: a state of the art Leather Design Studio and a Garments and Textiles Incubation Center. 

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  • Foreign Domestic Investment into Africa rises

    South Africa shares the title of largest African Foreign Domestic Investment (FDI) hub with Morocco in 2017, according to a report released by Ernest and Young Global (EY)

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  • GTR Ventures Makes First Africa Investment

    GTR Ventures, the world's first investment and venture-building platform specialized in trade and supply chain, has announced an investment in Orbitt -- an African-focused fintech deals platform.

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  • Egypt's First Smartphone Maker Targets Africa

    Egypt's first smartphone maker is looking to enter the broader African market by the end of 2018 or early 2019 as it seeks to boost exports, its sales director said.

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  • U.S. Firm Inks U.S.$1 Billion Investment Deal in Zimbabwe

    An American company, Hondius Capital Management, yesterday signed a $1 billion investment partnership with the Infrastructure Development Bank of Zimbabwe (IDBZ), with a view to bankrolling Zimbabwe's mining and infrastructural development projects.

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  • Egypt ranks first in FDI among African countries in 2017

    Egypt ranks the first among African countries in 2017 in terms of attracting Foreign direct investments, said CEO of COMESA Regional Investment Agency (RIA) Heba Salama.

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  • World Energy Council and COMESA to enhance regional energy integration

    The World Energy Council has signed an agreement with the Common Market for Eastern and Southern African (COMESA) to drive regional energy integration and enhance sustainable energy access in the 21 COMESA states.

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  • Kenya Investment Authority reports an increase in country’s foreign direct investments

    Kenya investment Authority has said that international firms have highly invested in the country with close to Sh740 billion over the previous five years. This trend saw foreign inflows reach at $1.1 billion a 45.54 percent of total investments in 2016 an upshot of foreign investments from African companies which doubled up to Sh35.82 billion. 

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  • The Future Is in Africa, and China Knows It

    Some Western observers worry that this represents a new form of colonialism. Given the continent’s history with European conquerors and rich countries trying to cheaply exploit its natural resources, that suspicion is understandable. But although China can sometimes be predatory — for example, when uneconomical projects saddle African companies or governments with unpayable debt — the new African investment bears little resemblance to the colonialism of old.

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