African Business Watch – Business and Economy Stories from Africa

Social media increasingly fueling internet distrust

June 11, 2019June 10, 2019 African Business Watch

In a new survey of internet users around the globe reveals that social media and cyber criminals are increasingly fueling internet distrust.

Report looks how countries conserve biodiversity

June 11, 2019June 9, 2019 African Business Watch

A newly launched index with analysis of ten countries: Australia, China, Ethiopia, India, Italy, Kenya, Nigeria, Peru, South Africa and the United States of America looks into experiences of conserving biodiversity.

Senegal to host African Continental Free Trade Area Forum

June 10, 2019June 10, 2019 African Business Watch

The regional forum, taking place on 24 and 25 June in Dakar, Senegal will focus on issues related to the implementation of the African Continental Free Trade Area (AfCFTA) and its impact on the regions of West and Central Africa.

EU deligates discuss AfCFTA benefits with UNECA boss

June 6, 2019June 6, 2019 African Business Watch

Economic Commission for Africa (ECA) Executive Secretary, Vera Songwe, met and discussed with a European Union delegation the role of non-state actors in ensuring the success of the African Continental Free Trade Area (AfCFTA).

Addis Ababa meeting focuses on Africa’s transboundary infrastructure

May 31, 2019May 31, 2019 African Business Watch

The UN Executive Secretary of the Economic Commission for Africa, Vera Songwe, and the African Union’s High Representative for Infrastructure Development, Raila Odinga, met in Addis Ababa, Ethiopia, to confer on Africa’s transboundary infrastructure.

Nissan global unit sales fell 4.4% to 5.516 million units

Nissan global unit sales fell 4.4% to 5.5 million units

May 14, 2019May 14, 2019 African Business Watch

PRESS RELEASE – Nissan global unit sales fell 4.4% to 5.516 million units in fiscal year 2018, the Japanese company said. Despite the unfavorable business climate, sales in Japan (including minivehicles) rose by 2.1% to 596,000 units.

Violence, military operations in Mali triples displacement figures

May 14, 2019May 14, 2019 African Business Watch

PRESS RELEASE– The number of people forced to flee their homes in Mali increased by 360 percent last year because of violence and military operations.

UN invests $28 million in renovating historic Africa Hall

May 13, 2019 African Business Watch

The UN Economic Commission for Africa (ECA) on Friday signed $28.2 million contract with three companies for the multi-million dollar works to revamp the historic Africa Hall found in Addis Ababa, Ethiopia.

AU gets 8 million euro grant for skills Initiative

May 12, 2019May 12, 2019 African Business Watch

The European Union signed an agreement with German International Cooperation Agency in support of the Skills Initiative for Africa programme with the aim to train youth in Africa in skills and vocation training.