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AfricaBiz

Africa Business News

Seychelles Tender and Business News

Seychelles Receives Funding to Expand and Upgrade Its Main Harbour

The Port Victoria harbour in the Seychelles, managed by the Seychelles Ports Authority, just secured major funding from the European Investment Bank (EIB), the European Union, and the French development agency (AFD), for a significant expansion and upgrade project.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

VLCC Group of Dubai Plans Major African Expansion

VLCC Group, a weight loss solutions plus hair and skin treatment company headquartered in Dubai, United Arab Emirates, with an existing presence in Nairobi, just announced announced its plans to expand -- via franchise -- throughout a number of African countries.

5 Countries in Africa Can Now Ship to EU Duty-Free

Products shipping from Namibia, Mozambique, Botswana, Swaziland and Lesotho to the European Union have now been granted duty-free access. The European Parliament just voted to approve the duty-free trade arrangement.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

More Help Needed to Deal with Food Insecurity in the Wake of El Niño

United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.

African Union Launches e-Passport in July 2016

Africa is going to launch an electronic passport (e-Passport) at the next African Union Summit taking place in Kigali, Rwanda, in July 2016. The passport should make intra-African travel and trade much easier than in the past and help accelerate the already rapid pace of economic growth on the continent.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

Africa Country Benchmark Report Ranks African Country Performance

Consulting group In On Africa (IOA)recently released its first Africa Country Benchmark Report, a holistic assessment of Africa country performance. It draws on sixteen reputable indices spanning business, economic, political and social spheres, combined with other insights.

Pollinators Vital To Our Food Supply Under Threat

A growing number of pollinator species worldwide are being driven toward extinction by diverse pressures, many of them human-made, threatening millions of livelihoods and hundreds of billions of dollars worth of food supplies, according to the first global assessment of pollinators.

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