Standard Bank’s Africa strategy will take time to show results Published by Staff Writer on 29 August 2011 South Africa-based Standard Bank says that its strategy for the rest of the continent may take five years to show meaningful results.
More oil fields to be developed in Ghana Published by Staff Writer on 24 August 2011 UK-based Tullow Oil has announced that it will develop more oil fields off the Ghanaian coast.
Kenyan cement firm to take on South African producers Published by Staff Writer on 23 August 2011 Kenya’s Athi River Mining (ARM) has announced that it will build a cement plant in South Africa by 2013.
DStv launches innovative pay-TV product in Kenya, as competition hots up Published by Staff Writer on 19 August 2011 South Africa-based pay-TV operator DStv is facing increasing competition in the Kenyan market from firms such as Wananchi, Smart TV, My TV and Star TV.
Will Nigeria have uninterrupted power by 2015? Published by Staff Writer on 19 August 2011 Nigerian president Goodluck Jonathan said that the country will have uninterrupted power supply before the end of his term in 2015.
Total to search for oil in Tanzania Published by Staff Writer on 16 August 2011 Tanzania has awarded oil and gas exploration rights for the northern side of Lake Tanganyika to a subsidiary of French energy company Total SA, its state-run petroleum agency said on Tuesday.
Skilled Africans returning home to start businesses Published by Staff Writer on 15 August 2011 Some highly-skilled Africans living in the US and Europe are returning home to start businesses on the continent.
Ghana economy expected to grow by 13.5% this year Published by Staff Writer on 13 August 2011 Ghana’s economy will grow by a continent-leading 13.5% this year thanks to the onset of oil revenues, but the fiscal deficit may exceed the government’s projections, a Reuters poll showed on Friday.
Christo Wiese’s Pepkor to enter Nigerian market Published by Staff Writer on 12 August 2011 South Africa’s Pepkor, owner of low-cost clothing retailers such as Pep, Best & Less and Ackermans, has announced that it will open outlets in Nigeria.
Kenya’s Nakumatt supermarket chain seeking outside investment Published by Staff Writer on 12 August 2011 Kenya’s top supermarket chain Nakumatt Holdings wants equity investors to buy nearly half of the retailer next year to help pay for its expansion across east Africa, its managing director said on Thursday.
Zimbabwe: Indigenisation laws struggling to get through parliament Published by Staff Writer on 10 August 2011 Voice of America reports that Zimbabwean President Robert Mugabe’s controversial indigenisation laws are struggling to get through the country’s legislature.
Jambo Jet – Kenya Airways’ new low-cost brand Published by Staff Writer on 10 August 2011 Kenya Airways plans to launch a low-cost subsidiary to handle regional flights, a local newspaper reported on Wednesday.
Opinion: Somalia should join EAC Published by Staff Writer on 9 August 2011 Somalia should be invited to join the East African Community (EAC), writes Prof William Ochieng of Maseno University.
South Africa’s Oppenheimer family sets up Africa fund Published by Staff Writer on 5 August 2011 South Africa’s Oppenheimer family and Singapore state investor Temasek Holdings have set up a US$300 million private equity fund to invest primarily in consumer goods and agricultural sectors across Africa.