Nigeria: Why major oil companies are not interested to build refineries Published by Staff Writer on 6 September 2011 This Day newspaper reports that none of the international oil companies operating in Nigeria have shown an interest to build a refinery in the country.
South Sudan to relocate capital city Published by Staff Writer on 5 September 2011 CNN reports that South Sudan will move its capital from Juba to the smaller town of Ramciel in the north. The government said that Ramciel will provide it with more room for expansion.
Kenya to introduce one-stop border posts Published by Staff Writer on 2 September 2011 Kenya is set to establish five one-stop border posts, which will likely be a massive boost for trade in the region.
Dark days for South African hotels Published by Staff Writer on 31 August 2011 Hotels in South Africa are being forced to close down due to a downturn in the hospitality industry.
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.
Optimising southern Africa’s supply chain Published by Staff Writer on 15 August 2011 The business case for infrastructural development in southern Africa is widely acknowledged. Yet supply chains continue to be constrained by a number of infrastructure backlogs, which require effective public-private sector collaboration to be rectified.
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.