African Business News

LAPSSET gets continent’s full attention after AU backing

The project will now enjoy the attention of the Heads of State from seven African countries on New Partnership for Africa’s Development (NEPAD) and Government Orientation Committee (HSGOC), required to account on progress and bottlenecks after every six months.

Read more...

East Africa: Textile Industries for Revival in EAC

TEXTILE and tanner industries in East Africa are set for vast revival as Heads of the East African Community member states agree to set up a mechanism that will promote growth and protection of the two industries.

Read more...

Supermarket chains vie to unlock Kenya retail market

The average value of a shopper's basket has risen 67% in five years, making Kenya the continent's fastest-growing retail market.

Read more...

Tanzania: Manufacturing Sector Exports Seen Up

GOOD performance in exports of manufactured goods and travel receipt pushed the value of Tanzania's exports to 8,812.5 million US dollars for the year ended December, 2014, up from 8,459.7 million US dollars recorded in the corresponding period in 2013.

Read more...

Latest African news, articles, business information and special reports from across the African continent.