Business Developments in Africa

Recent business developments in Africa that have been making news...

• A newly constructed micro-dam in Dengel, Dekemhare sub-zone, in Eritrea has been inaugurated.

• Namibia plans to spend US$ 440 million over the next three years expanding capacity at the Walvis Bay port.

• Ethiopia has temporarily banned exports of raw cotton.

• The Mozambican government intends to ban the export of unrefined gold.

• De Beers and Botswana’s government will invest 24 billion pula to extend the life of the Jwaneng mine.

• Botswana’s diamond exports were up 44 per cent by mid-2012.

• Diamond production in Namibia over the first eight months of 2012 doubled.

• Zambia’s 2013 copper output is expected to reach over 750,000 metric tons.

• SouthWest Energy agreed to purchase from Petronas all of its oil and gas interests in Ethiopia.

• The oil industry is Africa’s largest sector by far, while oil is the costliest import for non-producing African countries

• In 2012 Africa produced 3.5 billion barrels of oil. At today’s average price of US$ 70 per barrel, that translates to nearly US$ 250 billion. Nigeria, Algeria, Angola and Libya were the biggest producers.

• Mauritius is targeting a 15 per cent rise in foreign direct investments to 10 billion rupees.

• The Democratic Republic of Congo wants the state to hold a 35% stake in all future mining joint ventures.

• Ncondezi Coal plans to develop a US$ 250 million coal project in Mozambique.

 

 

Business Contacts for Importers in Africa
	Abdul Hadi Trading All kinds of Tyres, Tubes for trucks, trailers, passenger cars, forklift tyres, solid tyres, pneumatic tyres, offroad tyres, agricultural tyres. Supplies many Chinese, Korean and Indian tyre brands...
	Bagader Trading Est Supplier of Tyres, Tubes and Batteries in Dubai. GT Radial, Chengshan, Starfire, DoubleStar as well as Rocket Battery, Tokyo Battery. Also supplies Korean Tubes of all sizes...
	BBG Trading Exporter of Chinese and Korean tyres and tubes to many African markets. Major brands include Westlake Tyres, Good Ride Tyres, Hankook Tyres, Chaoyang Tyres...
	Infinity Tyres Exporter of Infinity brand of Tyres to Africa for Passenger Car Tyres, Light Truck Tyres, Bus Tyres, Agricultural Tyres, Industrial Tyres, OTR (Off-The Road) Tyres...
	Abdul Zahir Bashir General Trading A major exporter of tyres, tubes, batteries and lubricants to Africa from Dubai. Deals in several popular brands like Double Star Tyres, Triangle Tyres, Rock Stone, Crown, Sonar, Durun, Ling Long, Three A. Also deals in popular batteries like Platinum, SBK, Mustang, MF Power etc.
	VRB Trades FZE Importer, exporter, wholesaler and stockist of a wide range of Indian, Chinese and Korean tyres. Has been a leading supplier of tyres to many African markets...
	Zafco Trading One of the largest suppliers of tyres in Dubai dealing in popular tyre brands like Otani Tyres, Roadstone Tyres, Zeetex Tyres, Double Coin Tyres, Siam Tyres. Sole distributor in UAE for Trane Batteries and SB Batteries. Leading supplier to importers of tyres in Afica...