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.
Kenya’s dairy industry should improve productivity Published by Staff Writer on 10 August 2011 Kenya’s dairy industry can take many steps to improve productivity and boost earnings, says food packaging company Tetra Pak in a recently published report.
U.S. firm to invest more than $100 million in Tanzanian farming venture Published by Staff Writer on 9 August 2011 U.S. firm, AgriSol Energy LLC, and its joint venture partner in Tanzania will invest more than US$100 million over the next 10 years to develop a large-scale commercial farming project in the east African country.
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.
Airlines shun Lagos for Accra Published by Staff Writer on 3 August 2011 Lagos is losing out to Accra as West Africa’s aviation hub. Business Day reports that a string of airlines – including Lufthansa, Emirates, British Airways and Air France – already uses Accra’s Kotoka International Airport as their main base in the region.
South Africa to push Walmart for better deal Published by Staff Writer on 2 August 2011 South Africa said it will push Walmart to rejig the conditions of its US$2.4 billion Massmart deal, as Pretoria looks to wring bigger concessions from the world’s top retailer.
Key risks facing the Zambian economy Published by Staff Writer on 1 August 2011 Zambia, Africa’s top copper producer, has enjoyed peace and stability compared with many countries in southern Africa but a September election and a possible energy crisis is clouding its immediate outlook.
Samsung to earn five times more from Africa by 2015 Published by Staff Writer on 1 August 2011 Samsung Electronics has announced plans to boost its revenue from Africa to US$10 billion by 2015, the current size of the Chinese market.
Important to do your homework before investing in DRC Published by Staff Writer on 29 July 2011 “It is not an easy environment . . . but if you do your homework systematically, then I believe you can identify very good opportunities.”
Japanese cigarette firm invests in Sudan Published by Staff Writer on 28 July 2011 Tokyo-based Japan Tobacco has sealed a deal to buy Sudanese cigarette manufacturer Haggar Cigarette & Tobacco Factory (HCTF).
