Ato Ermias Eshetu has been appointed as chief executive officer of the Ethiopian Commodity Exchange (ECX)
PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement.
Africa will not rely on funds from former colonial powers to support the establishment of an interim rapid reaction force to respond to coups on the continent, President Jacob Zuma said on Wednesday (19 June).
Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week.
Helmo Preuss 22 Apr 2013
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
Although Africa made huge strides in increasing human development in the past decade, gains could - with hundreds of millions of people being pushed into extreme poverty - easily be reversed should "significant progress" not be made in halting global warming.
Schalk Mouton 20 Mar 2013
Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods.
Professional services firm, Deloitte, have announced the opening of its Ethiopia office in the country's capital Addis Ababa. The opening follows a signing, in July 2012, of a merger agreement between Deloitte and leading Ethiopian accountancy and advisory firm HST. With this opening, Deloitte now enjoys a presence in one of Africa's richest countries, in mineral wealth, culture and history.