According to a McKinsey report, the region is expected to enjoy the fastest urbanisation of any region in the world, and to have a larger workforce than either India or China by 2034. This opens up incredible opportunities for the continent’s 54 nations.
Source: African Business, May 2017
President Muhammadu Buhari of Nigeria is seeking approval from parliament to borrow nearly 7$bn. A $5.85bn loan from China would be used to modernize Nigeria’s railways and a $1.07bn loan from the World Bank would help fund reconstruction in the northeast, which has been ravaged by insurgency. Nigeria is experiencing the first recession in 25 years.
Source: African Business, May 2017
The African Devolopment Bank has announced it plans to invest $12bn over the next five years under its new electrification program. The money will support its flagship New Deal on Energy for Africa Inititiative, which seeks to achieve universal access to power by 2025. More than 600m people in Africa are estimated to currently lack such access.
Source: African Business, May 2017
Africa’s second largest oil producer has set 23rd August 2017 as the date of historic general elections that will see president José Eduardo dos Santos step down after 38 years in power. He will, however, retain control of the ruling MPLA, a party which has selected defence Minister João Lourenço as its candidate in the election.
Source: African Business, May 2017
We are looking for PET granulate. Required quantity: 60 t/month.
NEOPET 80 is a food grade PET copolyester designed for general purposes, and suitable for a wide variety of beverage and juice containers, mineral water and carboned soft drink bottles, milk, edible oil, and soy sauce containers. This product is also recommended for thermoformable sheets, cosmetics and household packaging. It is an excellent transparent product with very high mechanical and barrier properties and a low level of acetaldehyde.
Please contact
Michael Patotschka
Düsseldorfer Straße 74
47051 Duisburg
Germany
Phone +49 173 7692688
Email mpts@gmx.net
afric-Invest
