South African food company could buy 80% stake in Nigeria’s Dangote Published by Imara Africa Securities team on 9 May 2012 South Africa’s foremost food producer Tiger Brands, on Monday, said that it is in talks with Dangote Industries over the Nigerian conglomerate’s stake in its flour milling unit.
Africa more integrated with rest of world than with itself Published by Imara Africa Securities team on 4 May 2012 African countries are losing billions of dollars in potential trade earnings yearly due to high trade barriers with neighbouring countries.
Nigerian and Ugandan stock exchanges could become more investor friendly Published by Imara Africa Securities team on 25 April 2012 Nigeria’s Stock Exchange will soon be completing a revamp that will see it relax restrictions on price swings, adopt the Nasdaq platform, open into US trading hours and allow short selling.
Africa’s growth outlook – more of the same Published by Imara Africa Securities team on 19 April 2012 The IMF this week published the April 2012 edition of its World Economic Outlook (WEO) report, which looks at both the outlook for the global economy as well as region specific analysis.
South African firms dominate list of continent’s top companies Published by Imara Africa Securities team on 13 April 2012 Last week the magazine African Business published its annual Top 250 Companies report, which ranks Africa’s top firms primarily by market capitalisation.
What are the implications of Bingu wa Mutharika’s death on Malawi’s economy? Published by Imara Africa Securities team on 10 April 2012 The real question in the minds of many (including Malawians) is whether the death of Malawi’s President Bingu wa Mutharika will in any way change the fortunes of a “collapsing” Malawan economy?
The JSE Africa Board – a failed project or what? Published by Imara Africa Securities team on 3 April 2012 Business news headlines today have it that the Johannesburg Stock Exchange (JSE) will be scrapping its separate board for sub-Saharan African companies, after a three-year programme that was largely met with lacklustre demand from African firms.
Wal-Mart shouldn’t expect an easy ride in Africa Published by Imara Africa Securities team on 23 March 2012 While Wal-Mart has not revealed its strategy on how it aims to grow its market share in the high growth developing markets of Africa, we think it will require careful scrutiny given the dynamism of the African consumer.
Why the Ghana Stock Exchange could be an exciting opportunity Published by Imara Africa Securities team on 13 March 2012 The GSE is targeting a total of 50 listed companies within five years, up from 34 currently, and will launch an alternative market this year to enable smaller companies to raise capital.
Consumer goods firms should cheer as Africa’s poverty is indeed declining Published by Imara Africa Securities team on 7 March 2012 A recent update by the World Bank shows that Africa is indeed making strides to unshackle itself from the bondage of poverty.
Inefficiencies in banking sector holding back Africa’s growth Published by Imara Africa Securities team on 29 February 2012 A vibrant, competitive and efficient financial sector that reaches the majority of an economy’s population is a cornerstone of sustained high levels of economic growth and development.
Private equity goes green in sub-Saharan Africa Published by Imara Africa Securities team on 13 February 2012 From the continent’s declining forest cover to sustainable technologies, millions of dollars in funds are being lined up to invest in saving the environment.
Zambia – the new bread basket of Africa? Published by Imara Africa Securities team on 1 February 2012 Zambia has enough maize stocks to help partly fill a regional gap as a supply crunch looms in southern Africa, pushing up futures prices for the staple and accelerating food inflation.
Is there oil in Kenya? Published by Imara Africa Securities team on 30 January 2012 Kenya hopes a commercial discovery will be made in the near future as the country has geological features similar to those of areas where crude oil was found in Uganda and natural gas is being exploited in Tanzania.
