Cocoa plundered by Ivorian warlords

NEW YORK, USA: - Warlord military commanders in Ivory Coast are making hundreds of millions of dollars by plundering the country's exports of cocoa and other resources, according to a report by UN experts. 29 Apr 2013 10:06

Agriculture offers real growth potential

[Helmo Preuss] Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week. 22 Apr 2013 13:24

Shipping vital for international trade

[Helmo Preuss] Two conferences held in Cape Town last week highlighted the fact that about 90% of all trade between countries is shipped by sea. 22 Apr 2013 10:00

Billions must be spent on railways in Africa

Africa will need to spend more than US$50bn in the next decade on building 4,000km of additional rail infrastructure to unlock the mineral resource potential on the continent. 22 Apr 2013 07:35

IMF forecasts "solid growth" for Africa

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April). 17 Apr 2013 09:47

Van Zyl to head Toyota's Africa drive

A global management shakeup at Toyota Motor Corporation has hit African shores, with local Toyota chief Johan van Zyl called in to head the new position of chief executive of Toyota's operations across Africa 9 Apr 2013 10:56

More people flying in Africa

[Helmo Preuss] Intra-Africa passenger numbers increased by 9.4% year-on-year (y/y) in January the International Air Transport Association (IATA) said on Wednesday (6 March). 7 Mar 2013 10:12

Africa sales boost SA vehicle exports

[Alexander Parker] Vehicle exports from South Africa into the rest of Africa grew almost 20% last year‚ more than making up for a decline in sales to traditional‚ recession-hit markets in the European Union and the US. 20 Feb 2013 08:11

Shoprite plans 136 new stores in Africa

[Zeenat Moorad] Shoprite Holdings is steamrolling ahead with its African expansion - the retailer has 136 stores in the pipeline as it eyes fast growing oil-rich markets like Nigeria and Angola. 20 Feb 2013 07:43

Pirates seize French tanker off Abidjan

ABIDJAN COTE D'IVOIRE: A French tanker has been hijacked by pirates off Ivory Coast, port authority officials in the economic capital Abidjan confirmed on Monday (4 February). 5 Feb 2013 07:04

Test pilots spread wings to Africa

Test pilots and flight test engineers from Denel Aviation are now taking their skills and experience to clients in countries across Africa. 1 Feb 2013 08:13

Tanker seized in seas off Abidjan

ABIDJAN, COTE D'IVOIRE - Pirates seized a Panama-flagged oil tanker which was anchored in the Ivory Coast's economic capital of Abidjan, authorities said on Monday (21 January). 22 Jan 2013 07:45

Lagarde says global uncertainty limits Africa growth

[Ntsakisi Maswanganyi] Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde. 8 Jan 2013 10:48