Africa’s Power & Energy Exhibition & Conference is announced as market continues to attract investment
Africa has experienced massive internal growth in major areas within the last 20 years which have contributed greatly to investors’ assets and one area in particular is in particularly high demand and continuously predicting huge returns – the energy market.
It has already had an impact in creating greater well-being to the people of Africa whilst boosting profits for shareholders involved. Due to this massive interest in the African power sector which includes the UN’s 2014 ‘Sustainable Energy for All’ programme and highlights Africa as one of the main areas of focus, EXPOGROUP is organizing The 6th Power & Energy Exhibition & Conference 2017 from the 11th to the 13th of April, 2017 at Kenya's prime international venue;KICC in Nairobi and the 3rd edition from the 16th to the 18th of August 2017 at Tanzania’s international venue; the Mlimani Conference Centre in Dar-es-Salaam.
Gulf trade with Africa a growing source of optimism
Trade and investment between Arabian Gulf countries and Africa could historically be summed up in one line: oil going one way, a few agricultural products going the other.
This is now changing as an increased diversity of capital is on the move in both directions.
UN figures show that total merchandise trade between Africa and UAE alone increased from US$5.6 billion in 2005 to $17.5bn in 2014, the latest year available.
HIGHEST NUMBER OF FORD RANGER EXPORTS FOR 2017 RECORDED IN JULY
South African new vehicle sales showed encouraging year-on-year improvements in July 2017, and Ford was once again a key player in contributing to domestic volumes.
Having sold a total of 5 561 vehicles locally, Ford claimed an 11.9% share of total industry sales for the month which ended on 46 719 units. The Silverton-based company currently holds 12.4% market share year-to-date.
The Ford Ranger continues to be one of South Africa’s top-selling vehicles overall and in the crucial light commercial vehicle (LCV) sector,
How biotechnology can optimize agriculture in Nigeria
“With the down turn in the global prices of oil, we now have to prospect our solid minerals. We have to return to agriculture,” President Buhari to members of the Council of Saudi Arabian Chambers of Commerce and Industry.
According to the United Nations projections, the world population will be 9.8 billion people by 2050 and Nigeria which currently ranks seventh, will become the third most populous, replacing United States. It is currently about 200 million people.
Freighting of cargoes rises by 10%, says NAHCO chief
Freighting of agricultural and perishable cargoes and other non-consumable products at the nation’s international airports has increased by 10 per cent, Nigerian Aviation Handling Company (NAHCO) Chief Commercial Officer Seyi Adewale has said.
He said the air freight of such cargoes increased from about two per cent to 12.5 per cent in the last few years due to the export promotion policy.
African Airlines Fly High With Cargo On the Back of a Strong Economy
African airlines have registered the fastest growth in freight volumes in seven years in the first half of this year, bouyed by strong trade lines between the continent and Asia.
Data released by the International Air Transport Association (IATA) for the global airfreight markets shows that the volumes were up 31.6 per cent, with a capacity increase of 7.6 per cent.
US vs Russia opens door for North African supplies to Europe
US sanctions on Russia, recently signed – grudgingly – into law by US President Donald Trump, represent an opportunity for additional North African supplies to European gas markets. While much of the discussion has focused on the potential for greater US LNG imports into Europe, the main beneficiary is likely to be North Africa.
Whether the gas producers of the Maghreb will be able to cash in on this opportunity is another question.
