African Business News

SA Companies Explore New Markets

Bunch South African companies are currently on an investment and trade mission to explore potential export markets in Tunisia and Algeria.
The Department of Trade and Industry (dti) are leading the Trade and Investment

mission which will serve to promote South African products and service offerings while creating partnerships


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.


South Africa- Accentuate Wants To Boost Export Revenue

The AltX-listed flooring and chemicals manufacturer and distributor and water treatment solutions provider Accentuate is aimed at reviving its export revenue.

The chief executive of Accentuate, Fred Platt also confirmed it was continuing its efforts to recover about R75million it was defrauded of by a former financial


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.


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