Africa Faces Challenges in Integration

Africa still faces a number of challenges and needs to iron out several issues before economic integration can take place on the continent, says the Governor of the Bank of Namibia, Tom Alweendo. The Namibian / http://allafrica.com

Chad orders foreign oil firms out

Chad has ordered two major foreign oil firms to leave the country on Sunday in a row over taxes. BBC

Zambia: We're Leading in Investment - President Mwanawasa

President Mwanawasa yesterday said Zambia has become number one preferred destination for investment in Africa and number four in the world.  The Times of Zambia / http://allafrica.com

South Africa: Economic growth wows economists

"Speechless" — that's the reaction of one economist following the release of SA's strong second quarter GDP data on Tuesday. iAfrica.com / I-Net Bridge

South Africa: Foreign Investment into SA Increases to Over R40 Billion

Foreign Direct Investment (FDI) into South Africa had increased significantly from R5.1 billion in 2004 to R40.7 billion in 2005. BuaNews / http://allafrica.com

South Africa: Bullish Outlook Not Shown in Regional Investment Plans

Firms in southern Africa are increasingly bullish about the overall business environment, but plans for investment are substantially lower than last year, according to a survey released yesterday. Business Day / http://allafrica.com

Angola: Country´s Exports to Reach $28 Billion This Year

The Angolan exports might reach around USD 28 billion, by the end of the year, against the 23.2 billion dollars of last year, said Thursday in Luanda the governor of the country's National Reserve Bank (BNA), Amadeu Maurício. Angola Press Agency / http://allafrica.com

Mozambique: Government Adheres to African Peer Review Mechanism

The Mozambican government has formalized its approval of the African Peer Review Mechanism (APRM) under the New Partnership for African Development (NEPAD), reports Friday's issue of the daily paper "Noticias". Agencia de Informacao de Mocambique / http://allafrica.com

Tanzania: Country Turns to Southern African Customs Union

Tanzania is likely to enter into a trade agreement with the Southern African Customs Union (SACU) allowing the East African nation to export textile and clothing material on preferential terms within the trading bloc's countries. The East African / http://allafrica.com

Southern Africa: SADC to Discuss Business and Political Integration

Heads of State of the South African Development Community (SADC) are to hold an extraordinary summit soon to discuss how to strengthen integration among countries in the region. BuaNews / http://allafrica.com

Southern Africa: SADC Boasts Higher Economic Growth in 2005

The Southern African Development Community (SADC) as a region recorded a higher economic growth rate of 5 percent in 2005, up from 4.1 percent in 2004, officials said on Wednesday. Mmegi / The Reporter / http://allafrica.com

Getting back to business in Somalia

Thousands of Somalis are streaming across the border into refugee camps in Kenya. They are fleeing the insecurity in their homeland since Islamist militants seized power earlier this year. At the same time, Somali businessmen living abroad are spotting new opportunities under the new regime and are flying home with potential deals in mind. BBC

Coca-Cola moves to Joburg

In a clear signal of its commitment to growing its business in Africa, The Coca-Cola Company is relocating its Africa Group Office from Windsor in Britain to Johannesburg, beginning January 2007, the company announced on Friday. iAfrica.com

South Africa: Shell to Site 'Super' Centre in Cape Town

Royal Dutch Shell plans to locate one of its global super customer service centres (super-CSCs) in Cape Town, in a vote of confidence in the local economy, the group said at the weekend. Business Day / http://allafrica.com

South Africa: BEE progress 'not fast enough'

Black business representatives on Tuesday lamented the slow progress on black economic empowerment. iAfrica.com

South Africa: Mbeki, Big Business to Discuss Crime Plan

President Thabo Mbeki will today discuss details of a Business Against Crime campaign with his Presidential Big Business Working Group. Business Day / http://allafrica.com

Kenya: IFC Eyeing Equity Stake in Telkom

The International Finance Corporation (IFC) is keen to invest in Telkom Kenya, IFC African director, Mr Thierry Tanoh, said yesterday. The East African Standard / http://allafrica.com

Sierra Leone: Pan African Mobile Company Invests $70 Million

Celtel, a Pan African mobile company that operates in 15 countries in Africa, and the leading mobile company in Sierra Leone has devised strategies that will put it far ahead of others. The Independent / http://allafrica.com

Kenya: Scangroup Public Offer Exceeds Target By 500 Percent

The Scangroup public offer was oversubscribed by 500 per cent, the firm has announced. The East African Standard / http://allafrica.com

Tata Steel's R670m plant kicks off

Tata Steel KZN on Monday celebrated the start of construction of its R670-million ferrochrome plant at Richards Bay. iAfrica.com