Fourth issue of agribusiness newsletter published Published by Staff Writer on 28 March 2011 How we made it in Africa, in association with South Africa’s Agribusiness Development Corporation (ADC), on Friday published the fourth issue of the agri4africa email newsletter.
Three Nigerian banks to announce recapitalisation deals Published by Staff Writer on 22 March 2011 Business Day reports that three of the nine Nigerian banks that were rescued in a bailout in 2009 will announce recapitalisation agreements with investors in the next week.
Zain cautious on southern Sudan expansion Published by Staff Writer on 21 March 2011 Mobile phone operator Zain is carefully considering expansion plans in southern Sudan’s relatively untapped market.
Investments moving away from raw materials Published by Staff Writer on 20 March 2011 Investments, both local and foreign, on the African continent are gradually shifting from raw materials to manufacturing, services, communication and tourism, despite poor infrastructure and low skills levels.
Tullow and Ugandan government find resolution to disputes Published by Staff Writer on 20 March 2011 After many months of discussions around tax disputes Tullow Oil, has signed a memorandum of understanding with the Government of Uganda.
Ethiopian ICT hub under construction Published by Staff Writer on 18 March 2011 Construction has started on Ethiopia’s first Information and Communications Technology (ICT) Park.
FirstRand in talks to buy Nigerian bank Published by Staff Writer on 16 March 2011 Reuters reports that South African banking group FirstRand is in advanced talks with Nigeria’s Sterling Bank over making a strategic investment in the lender.
DRC’s Inga 3 hydro project expected to generate power by 2018 Published by Staff Writer on 15 March 2011 The Democratic Republic of Congo (DRC) expects its Inga 3 hydro project to start producing electricity by 2017/18.
South African business seized in Zimbabwe Published by Staff Writer on 14 March 2011 A group of Zanu PF youths have seized Easipark, a South African company which had been contracted to manage parking and towing services in Harare.
Visa to target East African market with new Nairobi office Published by Staff Writer on 14 March 2011 Payment systems provider Visa International has indicated that it plans to open an office in Nairobi.
Ethiopia to generate hydro power from Nile River dam Published by Staff Writer on 13 March 2011 Ethiopia is set to build a major dam along the Nile River to generate hydro electricity, Prime Minister Meles Zenawi told a press conference on Saturday.
Kenya’s new middle class demanding fine liquor Published by Staff Writer on 11 March 2011 Expensive wines and whiskies are gaining popularity among Kenya’s cosmopolitan middle class.
Indian tea grower looking for opportunities in Africa Published by Staff Writer on 10 March 2011 McLeod Russel India Ltd., the world’s biggest tea grower, is looking for acquisitions in African countries such as Rwanda.
Brave Ugandans embrace online forex trading Published by Staff Writer on 9 March 2011 Online forex trading is gaining popularity in Uganda.