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MONTHLY BULLETIN Nr 176 NOVEMBER 2011

Chambre de Commerce, d'Industrie et d'Agriculture Belgique-Luxembourg-Afrique-Caraïbes-Pacifique

CBL-ACP - NEXT EVENTS

  • December 6, 2011 – 04.30 p.m. : round table “Botswana”.

Guests of Honour : Hon. Phandu T.C. Skelemani, Minister of Foreign Affairs and International Co-operation, and Hon. Dorcas Makgato-Malesu, Minister of Trade

and Industry of Botswana.  Theme : “Economic Diversification ; Business Oppor-tunities for Private Investment”

  • December 13, 2011 – 09.15 : information day “Burundi” (Regions and CBL-ACP)
  • February 26-March 4, 2012 : trade mission (Regions and CBL-ACP) – Belgian

Week in Burundi (3rd edition).

 

GENERAL INFORMATION

CDE

From 01.12.11, the Centre for the Development of Enterprise will be located avenue Van Nieuwenhuyse  2a, 1160 Brussels (near the Demey metro station).  The phone and fax numbers will remain unchanged.

 

PAN-AFRICAN COMMODITY EXCHANGE

One of Botswana’s leading bankers, Mr. Chris Goromonzi, is working on setting up a $ 25 million backed pan-African commodity spot and derivatives exchanges.  Bourse Africa will initially start as a commodity spot and future exchanges for agriculture, metals, currencies and energy before expanding rapidly into bonds, interest rates and then asset classes.

 

COCOA SECTOR

The World Cocoa Foundation WCF, USAID and the Sustainable Trade Initiative IDH, have launched a new $ 13.5 million African Cocoa Initiative to support the sector in

Cameroon, Ghana, Ivory Coast and Nigeria.  The programme will be located at WCF’s

office in Accra (Ghana).  Private sector funding for this program comes from WCF

member companies : ADM Cocoa, Barry Callebaut, Blommer Chocolate Company, Cargill, Continaf BV, Ferrero, Guittard Chocolate Company, The Hershey Company,

Kraft Foods, Lindt & Sprungli, Nestle and Olam International Ltd.

 

ETHIOPIA/KENYA

Ethiopia and Kenya have signed a $ 743 million deal to construct the Addis Ababa-Nairobi-Mombasa road project, which is an important part of the Trans-African Highway Editeur responsable : Corine Courbet, rue des Renoncules  35, 1341 Ottignies Corridor.  The African Development Bank has given a loan of $ 125.6 million to Ethiopia to finance the construction of the phase II.  The project involves the rehabilitation to bitumen standard of the 193 km long Ageremariam-Yabelo-Mega road section and the construction of a one-stop-border-post at Moyale.

 

TANZANIA/UGANDA

Tanzania and Uganda will work together to realize the building of the $ 3 billion Tanga-Arusha-Musoma railway line.  The project involves the upgrading of both Tanza and Musoma ports in Tanzania.  Uganda has pledged 800-ha in Kampala for the construction of the port of Ukasa.

 

TRANSKALAHARI CORRIDOR

According to the Walvis Bay Corridor Group, more than 70 % of the road transporters previously using the traditional trade route via the South of Namibia to Johannesburg, have now opted for the TransKalahari Corridor which is 400 km shorter via Botswana from Walvis Bay (Namibia) and saves 5-7 days in transit for Botswana imports and exports compared with other ports in the region.

 

COMESA - ATI

The African Trade Insurance Agency ATI was created in 2001 by member states of

COMESA to promote trade and investment by providing political and credit-risk insu-rance, particularly short-term credit insurance for African exporters.  As of 09.11, ATI

had recorded support of $ 575 million worth of infrastructure projects ranging from rehabilitation of ports, roads and water supply systems to installation of power plants in Burundi, Kenya, Tanzania, Uganda and Zambia.  ATI is set to begin supporting new investment projects and trade transactions in West Africa with a number of new member states including Benin, Ghana, Ivory Coast and Togo.

 

ANGOLA

The Parliament of Angola passes a law that requires overseas oil companies to pay their taxes and conduct other transactions through the domestic banking system. Angola has approved the contracts for the construction of maritime terminals at Macoco, in Mussulo Island, and in the Luanda port.  The port of Barra do Dande (Bengo Province) will become the main port of entry and exit for goods in Angola.  Investment is underway on the construction of a new quay in Cabinda, which will serve as a base for construction of a deep water port in Caio.

 

BENIN

The 6th annual Shea Industry Conference “Shea 2012 : Shared Value” will take place in Cotonou from April 23 to 27, 2012.  Info : www.globalshea.com

 

CAMEROUN

The Kribi Deep Sea Port will become the main entry/exit point in the Gulf of Guinea, not only for Cameroon but also for the Central African sub-region (Central African Republic, Chad, Congo, D.R. Congo, Equatorial Guinea & Gabon).  The port and its industrial Complex will be developed in three phases :

  • construction by China Harbour Engineering Company of the basic infrastructure including an access channel for ships, protection digs, 15 m deep wharfs and berthing harbours for large ocean-going ships, a multipurpose terminal and a terminal for containers
  • construction of an aluminium terminal and others for hydrocarbons, liquefiednatural gas, iron ore and other minerals (private enterprises are yet to be selected)
  • emergence of a new city of some 80,000 inhabitants with its entire required urbaninfrastructure.

 

R.D. CONGO

Le Président National de la FEC Fédération des Entreprises du Congo, Mr Albert Yuma Mulimbi, a été élu le 04.11.11, Président de la Conférence Permanente des Chambres Consulaires Africaines et Francophones CPCCAF (www.cpccaf.org).

 

COTE D’IVOIRE

Bollore plans to invest CFA 18 billion in Abidjan port increasing capacity by 30% by 2013 to make it the region’s key sea hub.  Aside from the port, Bollore will invest a further CFA 60 billion over 10-15 years in rolling stock and CFA 170 billion in track maintenance for the existing rail line to Burkina Faso.  A further CFA 5 billion was earmarked for investment in Abidjan’s shipyard and a separate project for an electric bus service for its estimated 4 million residents.

 

GABON

Bollore Africa Logistics plans to invest more than EUR 105 million in Owendo port in Libreville.

 

GHANA

Ghana’s timber manufacturers are currently seeking business ventures with international partners in order to upgrade manufacturing in the country, to improve management prac- tices and to increase the range of products offered.  Opportunities for investment exist in the following product areas :

  • finished and semi-finished furniture and components
  • mouldings and machine wood
  • floor and deck blanks, strips and blocks
  • doors, windows, cabinet frames and panels
  • dowels and tool handles
  • peeled and sliced veneers
  • kiln dried rough or machined lumber.

 

GUINEA

The Government of Guinea will use 35% of $ 700 million windfall from Anglo-Australian miner Rio Tinto to rebuild broken infrastructures.

 

GUINEA-BISSAU

Guinea-Bissau is looking to privatise a number of industries including ports & airports, and is seeking foreign direct investments. Guinea-Bissau has established a Center for the Formalization of Enterprises – a one-stop shop – to facilitate the business registrations.

 

JAMAICA

The premier trade show of the Caribbean “Expo Jamaica 2012” will take place in Kingston (National Arena) from April 26-29, 2012.  This event promises to showcase over 2,000 quality Jamaican products.  The main objectives are to expand investment and increase the export of Jamaican goods and services, as well as to forge joint venture and business partnerships with the international community.  It will be an interesting opportunity for the Belgian firms what the following sectors are concerned : foodstuffs, fashion, technology, informatica, logistics, ...). 

Info : www.expojamaica.com.jm, www.jma.com,jm, www.exportjamaica.org, www.jamaicatradeandinvest.org

 

MAROC

La présentation Powerpoint prononcée le 16.11.11 par l’Ambassadeur du Royaume du Maroc, S.E. Mr Samir Addahre, lors du déjeuner-conférence organisé par la CBL-ACP et la CCBLA, peut être obtenue auprès de la CBL-ACP. 

 

MAURITANIA

The World Bank has agreed to fund Mauritanian development projects over the next 3-years to the tune of $ 330 million : construction of a container quay in Nouakchott port and support to Internet services & to the Organisation for the Development of the Senegal River.

 

MOZAMBIQUE

Le groupe pétrolier et gazier italien ENI a annoncé la découverte d’un gisement gazier spectaculaire au large du Mozambique.  Le bloc d’exploration Mamba Sud pourrait représenter un potentiel de 425 milliards de m3. Mozambique’s ports and railways company CFM expects to complete a much-delayed $ 80 million refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete Province by early 2013.

 

NIGERIA

President Jonathan Goodluck appoints Mr. Reginald Chika Stanley as Executive Secretary of the Petroleum Products Pricing and Regulatory Agency PPPRA and Mr. Osten Oluye-misi Olorunsola as Head of the Department of Petroleum Resources DPR.

The World Bank has concluded plans to inject $ 60 million into projects in Edo State. The State Governor, Mr. Comrade Adams Oshiomhole, announced plans for two 450 MW independent power projects. The Nigerian Federal Government has approved Phase 4 of the Onne Port Complex at Port Harcourt, Rivers State on 26.10.11 for a cost of $ 370.5 million. The Federal Executive Council has approved a further N 8.5 billion for the dredging of Lower River Niger from Warri in Delta State to Baro in Niger State.  The dredging contract was split into five elements and awarded to five separate contractors.

The Cargo Tracking Note CTN for import or export of cargo in Nigeria has been cancelled on 09.11.11.

 

SENEGAL

After a mission to Senegal in October, 2011, IMF issued the following statement : “Growth in 2012 is expected to be sustained by the significant increase in public investment, in particular with continued construction work on the Toll road and implementation of the Plan Takkal.  The restoration of a more reliable supply of electricity should also have a positive impact on other sectors of the economy.  Overall GDP growth is expected to reach 4.4 % in 2012 compared to 4 % in 2011.  Inflation sould continue to decline, and remain well below 3 %.

The Government of Senegal reviews corporate tax rate for cement, telecom and mining firms recently lowered from 33% to 25%.

 

SOUTH-AFRICA

The South-African Government has agreed to fund $ 17 billion of investment in modern rail infrastructure. 

 

 TANZANIA

A $ 1.1 million contract has been signed between Tanzania Ports Authority TPA and TradeMark East Africa, for the rehabilitation of a number of Dar-es-Salaam port berths in order to increase their depth. Plans are reportedly underway to declare Mtwara a free port zone.  The Export Processing

Zones Authority EPZA is inviting oil and gas suppliers as well as service providers to locate and establish their activities in the envisaged zone.  Foreign investors have to create a new investment with at least 80 % of goods produced for export markets and $ 500,000 in annual turnover.  In return, they will enjoy 10-year corporate tax holiday and duty and VAT exemptions on inputs, raw materials, capital goods and administrative vehicles.

 

UGANDA

The Ugandan Government concluded the sale of 19 % shares in Kinyara Sugar Works Limited to Rai Holdings Limited who are the current majority shareholders for $ 9.1 million.  Rai Holdings has committed to make an initial investment of $ 55 million over the first three years, to increase sugar production capacity to at least 200,000 tonnes per year and construct a power plan to electricity.

 

ZAMBIA

The Zambian Government signed three agreements with China Civil Engineering Cons-truction Company CCECC :

  • extension of the Chipata Mchinji railway line to Mpika via Petauke to be linked to Tazara
  • construction of a 1,000 km railway line from Solwezi to Kasempa, Kaoma to Katima Mulilo up to Walvis Bay (Namibia)
  • construction of a railway line to cover Nseluka near Kasama (Northern Province) link to Mpulungu port.

 

PROPOSITIONS D’AFFAIRES

La présente rubrique est constituée d’annonces, dont l’insertion n’engage pas la responsabilité de la CBL-ACP

Algérie

ALSP (Ouargla, tél./fax : 21321959048, Mr. Benaiche Amar) wishes to import lubricating oil and grease (oil) for cars.

Ghana

Joint Spirit Enterprise (P.O. BOX NG 90, Nungua, Gt. Accra, mobile : 262151921, 20140

3421, agyare2010@yahoo.com, Mr. Sarpong Agyare) wishes to explore joint business ventures in small-scale mining with Belgian investors.  This company provides consul-tancy services on five blocks of concessions in the Ashanti Region.

DEMANDE D’EMPLOI

Cadre commercial, 27 ans d’expérience professionnelle au niveau commercial (national & international), recherche fonction commerciale internationale.  Disposé à effectuer des déplacements fréquents et/ou à travailler à l’étranger pour une période de longue durée (3 à 5 ans ou plus).  Disponible immédiatement. Infos : Mr Tom Wittocx (mobile : 0475/42.66.81, tom.wittocx@skynet.be).

Sources : Agency for Foreign Trade, Awex, Brussels Invest & Export, Flanders Investment & Trade, EBCAM, CDE, Belgian Embassies & Consulates, ACP Embassies, CBL-ACP delegations, Cellule Diaspora, Chambers of Commerce, Ecofinance, Jeune Afrique, etc ...

 

Ce bulletin est réalisé grâce à l'appui du SPF Affaires Etrangères et des Régions.

 

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                             E-mail : cbl.acp@skynet.be - Website : www.cblacp.org 

Publié le Jeudi 01 Décembre 2011