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[Ethiopian Herald] Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.

[Daily Trust] The Federal Government is to set up an inter-ministerial committee to devise strategies of driving direct foreign investment into Nigeria.

[Citizen] Beijing -The Tanzanian Permanent Secretary in the Ministry of Foreign Affairs, East Africa, Regional and International Cooperation Dr. Aziz Mlima has commended China for its continued support in developing Tanzania's infrastructural sector.

Con ganancias que superaron los US$ 357 millones y 82 millones de productos vendidos en seis meses, Mercado Libre registró un crecimiento sin antecedentes.

Recent reports that SA has regained its position as Africa’s largest economy in dollar terms are based on a methodological error, the firm says

Panasonic Corp. will start selling low-priced smartphones for consumers this autumn in five developing countries, including Kenya and Myanmar, according to informed sources. The other three countries are Ghana, Nigeria and Bangladesh. Prices are expected to be around ¥10,000. The major electronics maker once designed and produced smartphones for sale ...

Sony Corp. said it has acquired Britain’s dance music label Ministry of Sound Recordings Ltd. in a bid to enhance content for younger consumers in its music entertainment business. Ministry of Sound Recordings originated from a nightclub in South London and was founded in 1993, with cumulative sales of more ...

Parking lot operator Times24 Co. will open a bus parking lot Tuesday near Tokyo’s Ginza neighborhood to help reduce congestion caused by coaches carrying foreign tourists to the shopping district. The 24-hour parking lot with capacity for 11 buses is expected to help reduce congestion caused by buses parking on ...

The dollar plunged to levels a hair above ¥101 in Tokyo trading on Monday, following weaker-than-expected U.S. retail sales data released late last week. At 5 p.m., the dollar stood at ¥101.07-07, down from ¥102.05-06 at the same time Friday. The euro was at $1.1172-1172, up from $1.1144-1144, and at ...

Stocks turned lower on Monday, weighed down by an uptick in the yen. The Nikkei average shed 50.36 points, or 0.30 percent, to close at 16,869.56. On Friday, it gained 184.80 points. The Topix index finished down 6.59 points, or 0.50 percent, at 1,316.63, after rising 8.39 points the previous ...