Nigeria kicks off road shows to woo energy investors

Published by Staff Writer on 19 January 2011

Nigeria on Tuesday kicked-off a series of investor road shows for the planned multi-billion dollar privatisation of its power sector, soliciting interest in electricity distribution companies and power stations.

Tanzania introduces new import regulations

Published by Staff Writer on 19 January 2011

Kenyan processed goods with a value of Ksh.30 billion (US$370 million) could be blocked from Tanzania, which is demanding the Diamond Mark of Quality in favour of the standardisation symbol that most exporters use.

EgyptAir launches Cairo-Lusaka route

Published by Staff Writer on 19 January 2011

EgyptAir on Monday launched direct flights from Cairo to Lusaka.

Australian Mines closer to sealing Nigeria gold deal

Published by Staff Writer on 19 January 2011

Australian Mines has announced the completion of due diligence by Nigeria Gold Pty Ltd on the firm.

Angola economy to grow by 7.5% in 2011, says minister

Published by Staff Writer on 18 January 2011

Angola’s Minister of State Carlos Feijo said the country will achieve 7.5% GDP growth in 2011.

Despite investor interest, 70% of Nigerians still live below poverty line

Published by Staff Writer on 18 January 2011

Despite significant investor interest in Nigeria, around 70% of the country’s 150 million people still live below the poverty line.

Southern Sudan referendum credible, says observers

Published by Staff Writer on 17 January 2011

European observers said southern Sudan’s independence referendum was credible and well-organised, Reuters reported.

Nigeria: bailed out banks fail to hold AGMs

Published by Staff Writer on 17 January 2011

Eight of Nigeria’s nine banks that received bailout money have failed to hold their annual general meeting (AGM) – one of the financial system statutory requirements for financial institutions – eighteen months after N620 billion was injected.

Wal-Mart applies to operate in Zambia

Published by Staff Writer on 17 January 2011

US-based retailer Wal-Mart Stores has applied to Zambia’s Competition and Consumer Protection Commission to buy Massmart Holdings’s operation in the southern African country, Bloomberg reported.

Dangote Group president outlines reasons for its investment in Zambia

Published by Staff Writer on 17 January 2011

Zambia’s high level of urbanisation as well as the government’s efforts to reduce dependence on copper, has motivated Nigeria’s Dangote Group to build a cement factory in the country.

UAC and Tiger Brands conclude joint venture deal

Published by Staff Writer on 15 January 2011

UAC of Nigeria (UACN), a Nigerian diversified company, and Tiger Brands, a South African fast-moving consumer goods firm, have concluded a deal to form a strategic partnership.

Nigeria: Goodluck Jonathan wins PDP’s presidential primaries

Published by Staff Writer on 14 January 2011

Nigerian President Goodluck Jonathan early this morning defeated his closest rival and former vice president Atiku Abubakar to emerge as the Peoples Democratic Party (PDP) presidential candidate for the April elections.

Airtel to launch 3G services in Kenya

Published by Staff Writer on 13 January 2011

Bharti Airtel will start offering third-generation telecommunication services in Kenya by the end of March, Bloomberg reports.

South Africa’s most affordable cities for home buyers

Published by Staff Writer on 13 January 2011

Johannesburg and Port Elizabeth are the most affordable cities for home buyers in South Africa, Fin24 today reported, citing a property group.

Nigeria kicks off road shows to woo energy investors

Tanzania introduces new import regulations

EgyptAir launches Cairo-Lusaka route

Australian Mines closer to sealing Nigeria gold deal

Angola economy to grow by 7.5% in 2011, says minister

Despite investor interest, 70% of Nigerians still live below poverty line

Southern Sudan referendum credible, says observers

Nigeria: bailed out banks fail to hold AGMs

Wal-Mart applies to operate in Zambia

Dangote Group president outlines reasons for its investment in Zambia

UAC and Tiger Brands conclude joint venture deal

Nigeria: Goodluck Jonathan wins PDP’s presidential primaries

Airtel to launch 3G services in Kenya

South Africa’s most affordable cities for home buyers

The entrepreneur exporting Tanzania’s agricultural products to Europe

Ghanaian CEO shares lessons from building a retail business

Ghana: From side hustle to 16 stores – a retail entrepreneur’s story

Building an investable and scalable business in Kenya: Founders share their thoughts

Entrepreneur spots opportunity in Nigeria’s informal retail market

DRC could be lucrative market for Zambia and other neighbours

Tanzania: From rejections to $40m – an entrepreneur’s rocky road to success

Ghana: Profiting from local rice production

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