Egyptian firms able to compete with China, says portfolio manager Published by Jaco Maritz on 15 September 2010 Egypt’s manufacturing sector has the capability to compete head-on with Chinese companies, both in terms of price and quality.
Entrepreneur to launch solar ovens in Uganda Published by Phillip Kurata on 12 September 2010 An immigrant from Uganda now residing in Chicago has used the first portion of a US$100,000 business competition prize he won in January to begin setting up an operation in his homeland to produce and distribute ovens that cook with the heat of the sun.
DRC suspends mining activities in three provinces Published by Staff Writer on 12 September 2010 The Democratic Republic of Congo has suspended all mining operations in three of the country’s eastern provinces.
Nigeria: Jonathan to run for president in next election Published by Staff Writer on 8 September 2010 Nigerian President Goodluck Jonathan has told leaders in the ruling People’s Democratic Party he will seek the party’s nomination in the upcoming presidential election.
BHP Billiton, ArcelorMittal terminate discussions to combine West Africa assets Published by Staff Writer on 8 September 2010 BHP Billiton and ArcelorMittal today jointly announced they have ended discussions to combine the two companies’ iron ore interests in Liberia and Guinea into a single joint venture.
Tile and sanitaryware manufacturer looking to boost African exports Published by Staff Writer on 7 September 2010 Ceramic Industries, the South Africa-based manufacturer of tiles and sanitaryware, expects exports to the rest of Africa to play a bigger part in the business going forward.
Portuguese investors not put off by Maputo riots Published by Staff Writer on 6 September 2010 The recent riots in Maputo will not scare Portuguese firms from investing in Mozambique, according to Telmo Fernandes, managing partner of Market Access, a Portugal-based consultancy firm.
South Africa’s ten best business blogs? Published by Staff Writer on 3 September 2010 The following blogs have been nominated in the category UCT GSB Best Business Blog in the 2010 South African Blog Awards:
Tullow Oil acquires licences in Kenya and Ethiopia Published by Staff Writer on 2 September 2010 Tullow Oil plc has announced the acquisition of a 50% operated interest in six adjacent licences covering the East African Rift Basins of Kenya and Ethiopia.
‘Africa needs to negotiate best deals for itself’ Published by Staff Writer on 1 September 2010 Africa has plenty to gain from the growing involvement of China and other BRIC nations in trade and investment on the continent, says Sim Tshabalala, chief executive of Standard Bank South Africa.
Mali to introduce new mining code Published by Staff Writer on 1 September 2010 Mali’s mines minister, Abou Bakar Traore, has revealed that the country will introduce a new mining code in October to encourage more investment in the minerals industry.
M-PESA launched in South Africa Published by Staff Writer on 1 September 2010 South African mobile operator, Vodacom, and the country’s fourth largest bank, Nedbank, have announced the launch of the M-PESA money transfer service, utilising technology developed by the Vodafone Group.
Portuguese firm flourishing in Mozambique Published by Staff Writer on 31 August 2010 “Mozambique is a true case of success and has developed rather positively over the past two years,” says Jorge Coelho, chairman of the executive committee of the Mota-Engil Group.
Olam to set up new cocoa processing facility in Cote d’Ivoire Published by Claude Harding on 29 August 2010 Olam International has announced that it will invest US$43.5 million in Cote d’Ivoire to set up a cocoa processing facility in Abidjan.