Malawi’s subsidized housing to benefit over 15,000 people

Malawi’s subsidized housing to benefit over 15,000 people

Malian government said on Monday over 15,000 low income families would benefit from the Decent and Affordable Housing Subsidy Program (DHASP) which is scheduled to start as a pilot ...

Doing business in Africa remains challenging-Report

Doing business in Africa remains challenging-Report

Doing business in sub-Saharan Africa is a challenge, but those who are undeterred by a business environment could reap high rewards, according to Dr Thomas Höppli, economic research ...

Ivory Coast to harvest 1,719,000 tonnes of cocoa-Exporters

Ivory Coast to harvest 1,719,000 tonnes of cocoa-Exporters

Ivory Coast is expecting a record 2013/14 harvest with exporters estimating current arrivals at around 1,719,000 tonnes by end of September, reports said on Monday."We have enough ...

SwaziBank launches farmers oriented loan

SwaziBank launches farmers oriented loan

SwaziBank has launched a new product named Sicanco Agri-business which the bank said is farmers oriented, local media reports said on Monday.The Observer newspaper quoted SwaziBank ...

Tanzania: Etihad Airways to increase presence in Africa

Tanzania: Etihad Airways to increase presence in Africa

Etihad Airways, the national airline of the United Arab Emirates, will expand its African route network with the launch of a daily service to Dar es Salaam, the largest city in ...

World Bank invests US$20m in Angola agric project – Official

World Bank invests US$20m in Angola agric project – Official

The World Bank has invested more than US$20 million in Angola's Market Oriented Smallholder Agriculture project (MOSAP) over the past two years, a bank official said Monday.World ...

Only 2.1million Malawi access financial services – survey

Only 2.1million Malawi access financial services – survey

The 2014 FinScope Consumer Survey indicates that almost 2.4 million Malawians are now accessing banking services representing a 33% growth compared to the 1.2 million registered in ...

Malawi’s subsidized housing to benefit over 15,000 people

Malian government said on Monday over 15,000 low income families would benefit from the Decent and Affordable Housing Subsidy Program (DHASP) which is scheduled to start as a pilot this year.According to Minister of Lands, Housing and Urban Planning, Bright Msaka, the program will see government subsidising cement and iron sheets to low income Malawians such as those who live in thatched houses and mud ...

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Doing business in Africa remains challenging-Report

Doing business in sub-Saharan Africa is a challenge, but those who are undeterred by a business environment could reap high rewards, according to Dr Thomas Höppli, economic research analyst for the South African Institute of Professional Accountants (Saipa).A latest research report by Mr Hà¶ppli highlights the challenges in the sub-Saharan African countries. “Much of the growth is due to natural resources ...

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Ivory Coast to harvest 1,719,000 tonnes of cocoa-Exporters

Ivory Coast is expecting a record 2013/14 harvest with exporters estimating current arrivals at around 1,719,000 tonnes by end of September, reports said on Monday."We have enough sunshine. That will help the development of cocoa for November and December," said farmer Koffi Kouame, adding "Main crop harvesting has already started. It will pick up in the next two weeks and will be strong in October." Good ...

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SwaziBank launches farmers oriented loan

SwaziBank has launched a new product named Sicanco Agri-business which the bank said is farmers oriented, local media reports said on Monday.The Observer newspaper quoted SwaziBank Executive Manager Operations Enock Mavimbela as saying the new product targeted sugar cane associations, companies and other farming groups. Mavimbela said farmers who were members of any association or those that would be ...

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Tanzania: Etihad Airways to increase presence in Africa

Etihad Airways, the national airline of the United Arab Emirates, will expand its African route network with the launch of a daily service to Dar es Salaam, the largest city in Tanzania, the airline company said in a statement on Monday.According to the communiqué, flights between Abu Dhabi and Dar es Salaam, which commence on 1 December 2015, will be operated using Airbus A320 aircraft with 16 Business ...

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World Bank invests US$20m in Angola agric project – Official

The World Bank has invested more than US$20 million in Angola's Market Oriented Smallholder Agriculture project (MOSAP) over the past two years, a bank official said Monday.World Bank representative in Angola, Aniceto Bila said in a statement that the funds have been invested in Bie, Huambo and Malanje provinces since 2012. Bila said the investment by the multilateral lending institution has facilitated the ...

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Only 2.1million Malawi access financial services – survey

The 2014 FinScope Consumer Survey indicates that almost 2.4 million Malawians are now accessing banking services representing a 33% growth compared to the 1.2 million registered in 2008. Malawi has a population of over 15 million people. It said that the level of indirect access to banking remains high at 24%, as some adults make use of bank accounts that are not registered in their names. The statistics ...

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Zimbabwe to float bond to complete dam construction

The Zimbabwean government plans to float a bond to raise funds to complete the construction of the Tokwe-Mukorsi Dam in the south of the country, state media reported Monday.Quoting Environment and Water Resources Minister Saviour Kasukuwere, the official Herald daily said the government had already identified the brokers “to roll out the instrument”. “We will be on the market soon for the Tokwe-Mukosi ...

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Canadian oil company signs exploration contract with Sudan

A Canadian oil company has won oil exploration privileges in Sudan despite the Canadian government's current embargo on oil investments in Sudan. The Sudan ministry of oil has announced in a press release made available to APA that it has signed an oil exploration contract with three companies on Sunday, including the State Oil Company Canada Ltd and Nigeria's Express Petroleum & Gas Ltd, to work in Al-Rawat ...

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Mozambique hydrocarbons firm sells 20 percent state in local gas terminal

Mozambique's State Hydro Carbons company (ENH) says it will sell a 20 percent stake in the Pemba gas terminal, in the north of the country from where natural gas extracted in the Rovuma basin would be exported by sea. ENH's chairman of logistics Eduardo Naiene is quoted in the local media as saying his company has mandated Portugal's Banco Nacional de Investimento (BNI) to lead the sale of 20 percent of the ...

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