Agriculture – ‘the most important sector of the African economy’ Published by Imara Africa Securities team on 25 August 2012 The need for Africa to diversify its economy from commodities alone has been mentioned constantly by many economic commentators.
Barclays rethinks its Africa strategy Published by Imara Africa Securities team on 22 August 2012 In a statement released by Absa yesterday, the South African bank announced that UK banking giant Barclays is looking at combining the majority of its operations in Africa with its Absa subsidiary, in line with its strategy to operate as ‘One Bank’ across the continent.
Mining: Kenya’s next frontier for economic growth? Published by Imara Africa Securities team on 20 August 2012 Kenya’s first large-scale mine is on track to spur development of the mining sector
Possible oil and gas in Lake Malawi strains Tanzania-Malawi border feud Published by Imara Africa Securities team on 15 August 2012 Malawi and Tanzania are scheduled to hold a high level meeting on the 20th of August on a standoff over oil and gas exploration as well as on the ownership of Lake Malawi.
South African cement company seeking growth in Ethiopia Published by Imara Africa Securities team on 8 August 2012 South Africa’s Pretoria Portland Cement Company (PPC), has joined hands with South Africa’s Industrial Development Corporation (IDC), to acquire a 47% equity stake in Habesha Cement Share Company (HCSCo) of Ethiopia in a US$21m deal.
Multinationals bring double edged sword to continent Published by Imara Africa Securities team on 2 August 2012 We often write about the increased positivity surrounding Africa as a destination for investors as well as for multinational corporations seeking avenues for growth. A just released report by Global Financial Integrity, however, lambasts multinationals for money it believes they take out illegally from Africa.
South Sudan – the next frontier for mobile money in Africa Published by Imara Africa Securities team on 24 July 2012 It seems mobile operators are keen to replicate the success of Kenya’s mobile money industry in neighbouring South Sudan.
The story behind Kenya’s dominance in mobile money Published by Imara Africa Securities team on 18 July 2012 The success of mobile money in Kenya has been covered extensively. The East African nation’s dominance in the field is unquestionable.
Botswana looking to move away from dependence on diamonds Published by Imara Africa Securities team on 9 July 2012 We believe it is paramount for Botswana to use the proceeds from its diamonds to develop other sectors of the economy. This will help reduce the negative impact on its economy whenever the global economy takes a hit.
Agriculture to remain a key factor in Africa’s economic future Published by Imara Africa Securities team on 1 July 2012 With 60% of the world’s uncultivated arable land and low crop yields, Africa is ripe for a “green revolution” like the ones that have transformed agriculture in Asia and Brazil.
Formal financial inclusion still eludes 76% of adults in sub-Saharan Africa Published by Imara Africa Securities team on 27 June 2012 The Global Findex reveals the gap between Africa and the developed world with regard to penetration levels of banking services and hence the potential laden in the continent’s financial services industry.
US rejigs strategy for sub-Saharan Africa Published by Imara Africa Securities team on 21 June 2012 The White House last week announced a new US ‘Strategy Towards Sub-Saharan Africa’ that “provides a proactive and forward looking vision grounded in partnership”.
Facebook to list today as Africa features as one of its fastest growing markets Published by Imara Africa Securities team on 18 May 2012 Yesterday, Facebook set the share price for its first public stock offering at US$38 as the social networking giant made final preparations for what could be a record-breaking market debut.
Africa’s real estate and construction opportunities cannot be ignored Published by Imara Africa Securities team on 11 May 2012 Strategy to grow to the “rest of Africa” is not only being implemented by fast-moving consumer goods companies.
