Namibian mobile company utilises wind power Published by Claude Harding on 5 October 2010 Namibian mobile operator, MTC, has inaugurated its first fully-funded wind-powered solution to power its equipment in an area not served by the national electricity grid.
Mauritius top ranked country in 2010 Ibrahim Index Published by Staff Writer on 4 October 2010 Mauritius ranks 1st out of 53 African countries in the newly released Ibrahim Index, an assessment of governance on the continent.
American firm to buy South Africa’s Pannar Seed Published by Staff Writer on 4 October 2010 Pioneer Hi-Bred, a US-based agricultural business, and Pannar Seed, a South African-based seed company, recently announced an agreement for Pioneer to purchase a majority share of Pannar.
Citigroup involved in Africa trade finance transaction Published by Staff Writer on 3 October 2010 US-based financial services company, Citigroup, has partnered with the AfDB Group and the IFC to provide US$175 million in trade financing for exporters and importers in Africa.
Actis foremost UK inward investor into Nigeria Published by Staff Writer on 1 October 2010 Actis, a private equity investor focused solely on emerging markets, has been named the foremost UK inward investor into Nigeria.
Africa ’15 years behind Asia’ Published by Staff Writer on 28 September 2010 “Africa is about 15 years behind Asia but you can superimpose its own pattern of growth on Africa. Companies such as the Indian telecoms group Bharti Airtel have already identified this opportunity.”
Interview: Massmart CEO talks about Wal-Mart offer Published by Staff Writer on 27 September 2010 Grant Pattison, Massmart CEO, talks about the proposed Wal-Mart deal.
Wal-Mart makes offer for South Africa’s Massmart Published by Staff Writer on 27 September 2010 US-based retailer Wal-Mart Stores announced today that it has made a proposal which could, if successful, lead to Walmart making a cash offer to acquire South Africa’s Massmart Holdings Limited.
Richard Branson encourages investment in Zimbabwe Published by Sandra Nyaira on 26 September 2010 British entrepreneur Richard Branson has announced a new venture that aims to help put Zimbabwe back on its feet.
Protea Hotels to build 15 new hotels in Zambia Published by Staff Writer on 26 September 2010 Protea Hotels Zambia is to construct 15 new hotels in Zambia, according to a report in the Times of Zambia.
African air travel expected to grow steadily over next 20 years Published by Claude Harding on 22 September 2010 Boeing forecasts that carriers in Africa will experience steady growth over the next 20 years as air travel on the continent continues to grow with the economy.
Mercedes Benz could boost investment in South Africa Published by Staff Writer on 19 September 2010 Mercedes Benz South Africa has proposed a new investment in the country’s automotive industry which could see the creation of 2000 new jobs.
South Africa most competitive country in Africa – report Published by Claude Harding on 16 September 2010 South Africa has been ranked as the most competitive African country in The Global Competitiveness Report 2010–2011 index.
SA companies in line for contracts in Port Harcourt “New City” development Published by Claude Harding on 15 September 2010 South African companies are in prime position to land contracts to the value of US$282 million for the New City development in Port Harcourt, the capital of Nigeria’s oil producing area.