Record number of South Africans holiday in Mozambique Published by Staff Writer on 30 December 2010 A record number of people crossed South Africa’s Komatipoort border with Mozambique this festive season, state media reported Thursday.
Nigeria: Analysts advise government to sell refineries Published by Staff Writer on 30 December 2010 Miffed by government’s incessant interference in the operations of the nation’s four refineries, industry analysts have again canvassed for their immediate sale.
Gold production in Tanzania receives a boost Published by Staff Writer on 30 December 2010 The International Finance Corporation (IFC) has financed Helio Resources Corp to complete a 20,000 metre, two-rig drill programme in search for gold in south west of the country.
Egypt to start importing meat from Kenya Published by Staff Writer on 30 December 2010 Egypt will soon start importing meat from Kenya and increase tea imports, following successful discussions with a Kenyan delegation.
BlackBerry to reach more Africans Published by Claude Harding on 13 December 2010 Research In Motion (RIM), designer and manufacturer of BlackBerry smartphones, has improved its distribution capacity in Africa through an agreement with Brightstar Corp., a US-based global services company.
Naspers grows its African pay TV subscriber base; still small compared to SA Published by Staff Writer on 30 November 2010 Naspers grew its sub-Saharan Africa (excluding South Africa) pay television subscriber base by 135,000 to a total of 1.2 million homes during the six months ended 30 September.
Why Indian investors are shunning Europe for Africa Published by Claude Harding on 24 November 2010 Business people in emerging markets benchmark themselves against the double digit growth opportunities found in their own countries.
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.
Woolworths eyeing Angolan market Published by Staff Writer on 27 October 2010 South African retailer Woolworths is looking at entering the Angolan market.
SABMiller reports growth in Africa beer sales Published by Claude Harding on 18 October 2010 SABMiller, the world’s second largest brewer by volume, today said in a statement that lager volumes in Africa grew by 11% on an organic basis during the six-month period ended 30 September 2010.
Kenya eyes 1.2 million tourists Published by Regina Ekiru on 18 October 2010 Kenya’s tourism sector seems to be on the recovery path following the 2007 post election violence and global recession which threatened to bring the sector to its knees.
Tanzania: Mining company infiltrated by crime syndicate Published by Claude Harding on 14 October 2010 African Barrick Gold today said that it has uncovered organised and systematic onsite fuel theft at its Buzwagi mine in Tanzania.
Large scale wind farm to be built in Cape Verde Published by Claude Harding on 10 October 2010 A large scale onshore wind farm of more than 28 megawatts is to be established on four islands in the Cape Verde archipelago.
Pakistani footwear company opens Kenyan subsidiary Published by Regina Ekiru on 6 October 2010 Pakistan’s leading footwear manufacturer and exporter, Servis Group, has opened a subsidiary, Servis Shoe Africa, in the Kenyan market.
