South African consumer goods company invests in Ethiopia, Nigeria Published by Staff Writer on 24 November 2010 South African fast-moving consumer goods (FMCG) company, Tiger Brands, today announced new investments in Ethiopia and Nigeria.
International agriculture company invests big in Gabon Published by Staff Writer on 18 November 2010 Global agriculture company Olam International recently announced two significant investments in Gabon – a fertiliser complex and a oil palm plantation.
Weekly jobs round-up: 8 – 14 November 2010 Published by Staff Writer on 14 November 2010 The following jobs were posted on the How we made it in Africa Job Board over the past week:
Africa still a frontier market for foreign private equity players Published by Staff Writer on 14 November 2010 How we made it in Africa interviews Sarah Alexander, president and CEO of the US-based Emerging Markets Private Equity Association (EMPEA), about how foreign investors are viewing Africa.
Zambia to build 12,000 houses through public-private partnership Published by Staff Writer on 13 November 2010 The Zambian government has announced a programme to build a minimum of 12,000 housing units across the country.
PTA Bank raises $300 million Eurobond Published by Staff Writer on 10 November 2010 The Eastern and Southern African Trade and Development Bank (commonly known as PTA Bank), Standard Bank (the parent bank of CfC Stanbic) and HSBC have raised Ksh24 billion (US$ 300 million) through issuance of a Eurobond.
Zambia: Shoprite investigated over alleged anti-competitive behaviour Published by Staff Writer on 10 November 2010 South Africa’s Business Day newspaper yesterday reported that Shoprite is being investigated by Zambian competition authorities.
Africa’s top 40 global competitors Published by Staff Writer on 10 November 2010 The Boston Consulting Group has released a report that identifies 40 African challengers – fast growing African companies with global aspirations.
M-PESA registers 21,000 users in South Africa Published by Staff Writer on 8 November 2010 M-PESA currently has 21,000 registered users in South Africa, Vodacom CEO Pieter Uys said in a radio interview with Moneyweb.
Pick n Pay moves into Mozambique Published by Staff Writer on 8 November 2010 South African supermarket group Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.
Nigeria: Lagos apparently better than Abuja for business Published by Staff Writer on 8 November 2010 Foreign business people should think twice before deciding to promote their products in Nigeria’s capital Abuja instead of Lagos.
Pick n Pay sees ‘upside potential’ in Zimbabwe Published by Staff Writer on 3 November 2010 South African retailer Pick n Pay confirmed yesterday that it had purchased another 24% of Zimbabwe operation TM Supermarkets, where it already has a 25% share, bringing its total shareholding to 49%.
Actis increases stake in West African power plant Published by Staff Writer on 2 November 2010 Actis, a private equity investor focused solely on emerging markets, has confirmed that its portfolio company, Globeleq, has acquired a majority interest in the Azito gas-fired power plant near Abidjan in Cote d’Ivoire.
African agriculture ‘not entirely a private sector affair’ Published by Staff Writer on 2 November 2010 Kwaku Owusu-Baah, Director of Economic Studies of the Inter-African Coffee Organisation, decries the neglect of agriculture by both African governments and development institutions.
