South African firm moves into Nigeria’s insurance market Published by Staff Writer on 20 May 2010 South African financial services group, Sanlam, has entered into a joint venture with First Bank of Nigeria plc to form a new insurance firm, FBN Insurance Company Limited.
Chinese investment in Zambia questioned Published by Staff Writer on 18 May 2010 The leader of Zambia’s main opposition Patriotic Front (PF) party says the government’s announcement of a US$1 billion Chinese investment to help build an electric power plant is a “cheaply conceived” ploy to garner votes ahead of next year’s general elections.
Does a municipality need licensing to construct a waste-to-energy plant for own use? Published by Staff Writer on 17 May 2010 One does not need licensing to construct a power plant in South Africa if it is for “own use”. Business can install power plants for own use without a licensing requirement. What about when it comes to municipalities if you develop a waste-to-energy project as a municipality. Would this still be defined as “own use”?
Private firm tackling Nigeria’s power problems head on Published by Staff Writer on 17 May 2010 Nigeria’s power supply problems are having a detrimental effect on the economy. Geometric Power Ltd has taken the bull by the horns and is currently developing its own independent power project in the southern city of Aba.
Belgian company starts wind energy project in Africa Published by Staff Writer on 14 May 2010 Belgian green electricity company, Electrawinds, has begun the construction of a wind turbine in the harbour of Coega, near Port Elizabeth, South Africa.
$5 per month for a computer? Published by Staff Writer on 11 May 2010 South African mobile operator, Vodacom, has announced the launch of Linkbook – a low-cost compact computer designed specifically to provide users with simple and affordable internet access.
New Nigerian 24-hour news network launched Published by Staff Writer on 10 May 2010 A new 24-hour Nigerian satellite news television network, known as NN24, was launched last week.
Absa plans IPO for Tanzania’s National Bank of Commerce Published by Staff Writer on 9 May 2010 South African banking group, Absa, plans to hold an initial public offering for Tanzania’s National Bank of Commerce, in which it has a 55.5% stake, and list it on the Dar es Salaam Stock Exchange.
How to start a business in Nigeria Published by Staff Writer on 7 May 2010 Question: I’m looking at opening a branch for my printing business in Nigeria but have no idea about how to approach this. Please help!
Nigeria’s president passes away Published by Staff Writer on 6 May 2010 President Umaru Musa Yar’Adua is dead after a long illness. He passed away on Wednesday night in the presidential villa, Aso Rock, Abuja.
Opportunity to mine salt at Djibouti’s Assal Lake Published by Staff Writer on 5 May 2010 Investors have the opportunity to invest in the mining of sea salt at Djibouti’s Assal Lake.
Which countries have the most potential for sugar cane growing and processing? Published by Staff Writer on 4 May 2010 Question: Which countries in Africa have the best potential for sugar cane growing and processing?
Renaissance Capital acquires BJM Securities Published by Staff Writer on 3 May 2010 South Africa-based BJM Holdings today announced the sale of its wholly owned subsidiary BJM Securities to the Russian emerging markets investment bank, Renaissance Capital.
West African media firms hit by economic downturn Published by Staff Writer on 3 May 2010 West African media organisations are finding it increasingly difficult to survive due to the tough economic situation.
