African Business News

World Bank Support for Boosting Food Production in Malawi, Mozambique and Zambia

The World Bank Board of Executive Directors today approved an International Development Association (IDA) credit of US$ 89.4 million to support efforts of the Governments of Malawi, Mozambique and Zambia to boost food and farm productivity.

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Africa is on the right path

South African business is becoming more aware of the growth prospects across the rest of Africa. But what has received little attention is the policy development that supports these improvements. This support will gain momentum at the forthcoming Meeting of African Ministers of Finance, Planning and Economic Development in

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Africa’s food markets could create one trillion dollar opportunity by 2030

Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods, and if African governments can work more closely with agribusinesses to feed the regions fast-growing urban

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Time to deepen trade ties with Africa

A 20-fold increase in bilateral trade in a little over a decade is no mean achievement. India and Africa have accomplished this, with bilateral trade touching $60 billion in 2011, from $3 billion recorded in 2000. A quantum increase in bilateral trade volumes in the last 3-4 years has, in fact, induced both sides to raise the bilateral trade

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