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.
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.
