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Africa: Canada and the Continent -The Opportunity to Make HistoryWhile underlining Canadian people's best intentions for the African continent, Gerald Caplan argues that his country and the rest of the Western world should understand that many existing practices around trade, aid, lending, investment, and recruiting in relation to Africa cause far more harm than good. Without an approach that goes beyond mere compassionate humanitarianism, the author stresses that the efforts of millions of courageous African social activists will be in vain.
Source : AllAfrica | 10-Oct-2008 16:42
Africa: Going Bananas to Fight Poverty And Hunger
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.
Source : AllAfrica | 10-Oct-2008 16:30
Kenya's SMEs Seize Trade Fair Opportunities
Kenya's Small and medium enterprises (SMEs) are dominating the ongoing trade fair meaning that Uganda's could be missing an opportunity to showcase their potential.
Source : AllAfrica | 10-Oct-2008 11:23
Zimbabwe: ZSE Shares Trade Mixed
Shares on the Zimbabwe Stock Exchange yesterday traded mixed after rioting to break the one billion-point on Wednesday, as other world shares crumbled on the financial crisis.
Source : AllAfrica | 10-Oct-2008 10:21
Kenya: It is Vital to Get New Trade Routes
Kenya's strategic position as a regional hub for trade was seriously undermined by political turbulence in the first part of the year. It was soon realised that the country's supremacy on trade was tenuous and could easily disappear.
Source : AllAfrica | 10-Oct-2008 10:13
Zimtrade to Hold Solo Exhibition in Malawi
Zimtrade, the country's trade promotion body, is set to hold a solo exhibition in Malawi at the end of this month in an effort to assist local companies to expand their external markets.
Source : AllAfrica | 10-Oct-2008 09:39
South Africa: Global Slowdown May Hit Exports
The slowdown of economic growth in developed countries was likely to reduce demand for SA's mineral exports and reduce export earnings, Finance Minister Trevor Manuel told the cabinet this week.
Source : AllAfrica | 10-Oct-2008 09:22
South Africa: Japan, China Approved as Once-Off Ivory Importers
The Convention on International Trade in Endangered Species (CITES) Standing Committee has confirmed Japan and China as suitable importing countries for South Africa's stockpiled ivory.
Source : AllAfrica | 10-Oct-2008 08:07
Ghana: Kufour Urges Fairness in Nigeria Trade Relations
President John Kufour of Ghana has urged fairness in Nigeria's trade relations with Ghana under the Nigeria-Ghana Chamber of Commerce inaugurated on Wednesday in Accra.
Source : AllAfrica | 09-Oct-2008 18:05
Sheep Farmers And Govt Stay Deadlocked Over Exports
THE deadlock between Government and sheep farmers in the commercial and communal sectors remains in place, although the Agriculture Ministry says the matter would be resolved amicably "very soon".
Source : AllAfrica | 09-Oct-2008 17:31
EA Legislative Assembly Rejects EPAs
Members of Parliament from the East African Community (EAC) and the East African Legislative Assembly (EALA) on October 3 overwhelmingly recommended to reject the European Partnership Agreement (EPAs) framework initiated between EAC and the European Union (EU).
Source : AllAfrica | 09-Oct-2008 13:17
Kenya: Post-Poll Blockade Makes Case for New Trade Routes
A project to open up all four corridors linking Kenya and other countries in the East African region is in progress.
Source : AllAfrica | 09-Oct-2008 11:59
Africa: Easing Organic Agricultural Trade
Organic farmers in developing countries will have greater access to world markets, thanks to two practical tools launched this week that seek to ease trade in organic agricultural products.
Source : AllAfrica | 09-Oct-2008 11:36
Namibia: Sweden Establishes Trade Council
A new era in the Namibian-Swedish relations was hailed with the establishment of the Swedish Trade Council (STC) that will shift Sweden's involvement here from traditional grant assistance to actor-driven cooperation.
Source : AllAfrica | 09-Oct-2008 11:15
Nigeria: Country to Lose N58 Billion in EPA Agreement
The President of the National Association of Nigerian Traders, Barr. Ken Ukaoha has said that Nigeria is bound to lose over N58billion if the proposed Economic Partnership Agreement (EPA), with the European Union (EU), under the auspices of ECOWAS as it stands, sails through.
Source : AllAfrica | 09-Oct-2008 10:55
Argentina Wants to Reach USD 200 Million in Exports to Country
The Republic of Argentina desires to reach, by the year's end, a volume of exportations to Angola estimated at USD 200 million, to the contrary of the USD 165.8 million obtained in 2007, informed this Wednesday, in Luanda, that country's ambassador, Ricardo Víctor Roggero.
Source : AllAfrica | 09-Oct-2008 10:37
Nigeria: Country Still Imports 90 Percent Sugar - Usman Bello
In spite of the vast arable lands for growing sugarcane to produce enough sugar to meet Nigeria's consumption needs, the country still imports about 1.2 million metric tones of sugar annually, the Executive Secretary of the National Sugar Development Council has said.
Source : AllAfrica | 09-Oct-2008 10:35
Coutnry Receives Another Favorable Ranking in 2008 WEF 'Global Enabling Trade Report'
Tunisia has received yet another favorable ranking in the latest 2008 World Economic Forum "Global Enabling Report"."The Global Enabling Trade Report 2008" which reports on the free circulation of trade commodities through international borders in 118 of the world's economies, is the first
Source : AllAfrica | 08-Oct-2008 13:31
NEPC Restates Commitment to Non-Oil Export
ACTING Executive Director/CEO, Nigeria Export Promotion Council, (NEPC), Alhaji Aliyu Lawal, has restated the council's commitment to making non-oil sector a significant contributor to Nigeria's Gross Domestic Produce (GDP).
Source : AllAfrica | 08-Oct-2008 13:12
Third World Trade Bloc Reviews Economic Partnerships With EU
Third World and developing countries met last week to plan their existing and future business deals with the European Union (EU) and explore other possibilities to export their products to.
Source : AllAfrica | 08-Oct-2008 12:55
Nigeria: FTZ - 'Banned Goods Can Now Be Sold in Country'
To remove bottlenecks in the operation of Free Trade Zones (FTZs) in the country, the Nigeria Customs Service said banned goods produced in the zones can now be sold in the local market.
Source : AllAfrica | 08-Oct-2008 11:24
Nigeria: China Trade Hits N55 Billion in Five Months - Naccima
The total trade volume between Nigeria and the Republic of China hit about N55 naira (US$472m) from January to May 2008 with Nigeria enjoying a trade surplus of US$238 million.
Source : AllAfrica | 08-Oct-2008 10:38
South Africa: Gold, Forex Reserves Show Small Rise
But SA's import cover is down to 17 weeks from 20 weeks earlier in the year, and 26 weeks is desirable
Source : AllAfrica | 08-Oct-2008 10:13
Uganda: Trade Show Starts Amid Tight Security
SECURITY at the 16th Uganda International Trade Fair has been been beefed up with heavy deployment of all security agencies, the manufacturers' chairman has said.
Source : AllAfrica | 08-Oct-2008 09:09
Address to the Namibia Investor Forum on Trade and Infrastructure Investment Opportunities
I am delighted to be in your presence to share some thoughts on investment opportunities in Namibia, and how you particularly the United States business fraternity can do business in Africa by using Namibia as a gateway to the Southern African region.
Source : AllAfrica | 07-Oct-2008 19:17
Africa: Trade Liberalisation a Downturn to Economy, Says Unions
Trade unions in Africa have been urged to unite in protesting the signing of Economic Partnership Agreements that worsen unemployment on the continent.
Source : AllAfrica | 07-Oct-2008 15:26
Uganda: Trade, Power, and Geopolitics Choking WTO
In the last 60 years, the United States has dominated commerce, pushed nations to open their markets, championed liberal democracy, and achieved military supremacy.
Source : AllAfrica | 07-Oct-2008 12:08
Nigeria: Mixed Reactions Trail Rice Import Duty Waiver
As the countdown to the October 31 deadline for the removal of the rice import duty waiver begins, mixed reactions have trailed the measure.
Source : AllAfrica | 07-Oct-2008 12:08
World Trade Organisation Shouldn't Be Allowed to Die
The future of the world Trade Organisation is in jeopardy and time is now for positive global action to restore confidence among its members.
Source : AllAfrica | 07-Oct-2008 10:15
Africa: Fixing U.S. Trade Benefits for the Poorest of the Poor
Despite high profile work on the global financial crisis, the U.S. Congress rightly acted last week to remove restrictions on apparel exports from certain least developed African countries. The change comes after almost two years of pleas from U.S. and African government and apparel industry leaders. Passage of these provisions by both the House and Senate is a welcome short term focus on the challenges to economic development through trade in Africa, especially as Congress typically avoids all votes on trade on the eve of elections.
Source : AllAfrica | 06-Oct-2008 20:35
ACP Leaders Should Tread Cautiously On EPAs
The 6th African, Caribbean and Pacific (ACP) Summit ended in Accra last Friday, at which the issue of the controversial Economic Partnership Agreements (EPAs) featured prominently.
Source : AllAfrica | 06-Oct-2008 17:50
ACP Group Risks Disintegration Over EPAs
The Prime Minister of the United Republic of Tanzania, Mizengo Peter Pinda, has said that the formation and negotiations of Economic Partnership Agreements (EPAs) are a clear indication that the cohesiveness of the African, Carribean and Pacific Group is being threatened to the "forces of disintegration".
Source : AllAfrica | 06-Oct-2008 17:50
Top Ghanaian Economist Okays EPAs
The Director for Centre for Policy Analysis (CEPA), Dr. Joseph Abbey has called on the government to take the "bull by the horn" and sign the Economic Partnership Agreements (EPAs) since it would strengthen capacity of local enterprises to compete both locally and internationally.
Source : AllAfrica | 06-Oct-2008 17:50
Uganda: MPs Want Inquiry Into Chinese Milk
Members of Parliament have demanded that the government institutes a query team to ensure that the deadly Chinese powder milk is not being consumed in the country.
Source : AllAfrica | 06-Oct-2008 17:01
Tanzania: Illegal Trade of Forest Products Worries Officials
Dealers in forest products without valid certificates from the Ministry of Natural Resources and Tourism have been called upon to ensure that they registered and licensed their businesses.
Source : AllAfrica | 06-Oct-2008 16:43
Tanzania: To Arumeru Farmers, Pigeon Peas Could Be a Gem
Pigeon peas, a leguminous plant that thrives well in nearly all agro-ecological zones of Arumeru district and fetches good price in the local and export market is capable of earning farmers of the district oodles of cash.
Source : AllAfrica | 06-Oct-2008 16:43
South Africa: An Amplified Desire for Success
State grants are not quick and easy to access, but can be the only means of raising capital to export.
Source : AllAfrica | 06-Oct-2008 15:58
South Africa: Local Market Brought Into Export Mix
The timing of the MIDP's replacement is unfortunate, but vehicle exports should rise in the long run.
Source : AllAfrica | 06-Oct-2008 15:58
Somalia: Flights Carrying Khat Banned From Kismayu Airport
Islamists controlling the port town of Kismayu, 500 km south of Mogadishu, have banned flights carrying khat (also known as miraa), the semi narcotic herbs popularly chewed in Somalia.
Source : AllAfrica | 06-Oct-2008 15:37
Tanzania: Country Makes EAC Federation Hopes Brighter
East African nationals are inching closer and closer to full integration, when Tanzania last week scrapped its hitherto strict policy regarding residence status for non-nationals.
Source : AllAfrica | 06-Oct-2008 15:31
Uganda: Raising Rural Regional Exports and Rural Incomes
In the last three series I have written on agriculture looking at the bottlenecks and suggesting solutions.
Source : AllAfrica | 06-Oct-2008 14:11
Uganda: New Beans Drive Coffee Exports to $362 Million
A replanting programme has reversed years of declining production in Uganda's coffee sub-sector, pushing year-on-year exports of the commodity 50 per cent over 2007 and earnings to $362 million.
Source : AllAfrica | 06-Oct-2008 13:13
Tanzania: Dar Move On Work Permits a Major Boost for EAC
Work permits, a major hindrance to free movement of labour within the East African Community, will soon be a thing of the past after Tanzania last week became the last country in the region to lift restrictions on the right of residence.
Source : AllAfrica | 06-Oct-2008 12:47
East Africa: Are Brand-Owners Themselves Selling Fakes?
The world is up in arms against counterfeit and substandard products. It is estimated that up to 70 per cent of goods traded in Third World countries are not genuine or are poor quality.
Source : AllAfrica | 06-Oct-2008 12:47
Africa: Economic Outlook, Structural Obstacles
"Confining African countries to the production of primary commodities amounts to condemning them to remain locked in the commodity trap. Africa needs to create a competitive advantage in the production of manufactured products, as many other developing countries have done." - United Nations Conference on Trade and Development
Source : AllAfrica | 06-Oct-2008 10:13
Uganda: Trade Fair Opens Today
THE Private Sector Foundation Uganda (PSFU) and the Uganda Manufacturers Association (UMA) will run three business days for exhibitors and showgoers during the UMA trade fair which starts today.
Source : AllAfrica | 06-Oct-2008 09:45