CCAfrica: African News Clipping Service - January 28, 2013

"Providing you with a selection of the latest daily economic and economic development news from the African Continent"  

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Africa: Magellan Aerospace Joins Canada's Trade Mission to Africa

Canada NewsWire (press release) MISSISSAUGA, ON, Jan. 27, 2013 /CNW/ - Magellan Aerospace announced today that it will participate in the International Trade Mission in Africa with the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway.

Africa: Hinduja boosts Africa business

Postnoon Davos: Global business conglomerate Hinduja group is planning to significantly expand presence in Africa in areas ranging from transport, infrastructure and coal, and would look to partner governments of various African countries for its new businesses

Africa: At Davos, bankers close in on Africa

TheGlobe&Mail Move over, China. The market that has got bankers attending the World Economic Forum at Davos this year excited is Africa. "One market where we see plenty of opportunity is Africa," Peter Sands, Standard Chartered PLC's chief executive, said during an interview.

Africa: Tide of Indian interest in Africa is rising

BDlive The burgeoning commercial relationship between Africa and India has created the need for a deeper engagement between the African and Indian business sectors. The India-Africa Business Network was established in 2011 in Johannesburg with the idea of

Africa: New body aims to boost trade links between Kiwi firms and Africa

New Zealand Herald Chris Jones, chairman of the newly formed New Zealand AfricaBusiness Council, said one of the group's main aims was to highlight the opportunities that exist for Kiwi businesses from Cape Town to Cairo. The council, which already has 15 members, plans

Africa: WTO Nominee Vows Further China-Africa Trade Gains Sites

AllAfrica The nominee for the job of the director general of the World Trade Organisation (WTO), Amina Mohamed, says she will work to build on the trade gains resulting from China's engagement with Africa. Mohamed is a one of the two African candidates for the

Canadian Ministers On African Trade Mission

Tax-news.com Fast said of the mission, "Exporting Canada's world-class goods, services and expertise to new, fast-growing markets around the world is a key part of Canada's Economic Action Plan for jobs, growth and long-term prosperity. This mission to Africa - my

Namibia: Uranium Project Near Gobabeb Gains Momentum

AllAfrica [Namibian]AN announcement last Tuesday of a recent agreement between Australian company Deep Yellow Limited (DYL) and the Namibian government's mining arm, Epangelo Mining Company, for further development of the Aussinanis uranium project near the Gobabeb Training and Research Centre has intensified the threat such a project would have on this world-renowned centre, conservationists feel. Environmentalists fear that the construction of a mine in the area will mean the loss of the invaluable treasure of environmental

South Africa: Brand South Africa, Forbes Africa and CNBC Africa convene senior business ...

WorldStage The panel was extremely optimistic about Africa's future. Indeed, while the United States and Europe battle political gridlock and mounting debt, and global growth continues to stagnate as economic powerhouses like China seek to avoid a hard landing

Uganda: Sukulu Phosphate Mines to Get Sh535 Billion Boost

AllAfrica [New Vision]RESIDENTS of Tororo have cause to smile following the signing of memorandum of understanding between India's Gujarat State Fertilizers and Chemicals Limited (GSFC) and Nilefos minerals to develop the Sukulu mines.

Zambia: Kagem to Double Emeralds Production

AllAfrica [Times of Zambia]KAGEM Mining Limited is set to double production capacity of emeralds to five million carats per month in the next five years, when it injects an additional US$100 million in its operations this year.

Zimbabwe: Mineral Exports Net U.S.$1,8 Billion

AllAfrica [The Herald]ZIMBABWE'S mineral exports dropped to US$1,86 billion last year from US$2 billion realised a year earlier, latest figures from the Chamber of Mines show. Gold contributed more than a third of the total exports of US$782,7 million while platinum came in second with total shipments of 10 524 kilogrammes valued at US$464,5 million.

Zimbabwe: Freda Rebecca Mine's Output Increases 58 Percent

AllAfrica [Zimbabwe Independent]Freda Rebecca's cumulative production for the nine months to 31 December increased 58% to 52,840 ounces, parent company Mwana Africa has reported.

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