East African Breweries acquires Tanzanian beer maker Published by Dinfin Mulupi on 29 July 2010 East African Breweries Limited (EABL) has acquired a majority stake in Serengeti Breweries Limited (SBL) of Tanzania.
Senegal gold project proves economically viable Published by Staff Writer on 29 July 2010 Canada-based Oromin Explorations has announced that a feasibility study for a proposed open pit and underground mine in Senegal has shown that the project is economically viable.
Rwanda least corrupt country in East Africa – index Published by Kim Lewis on 28 July 2010 The Kenya chapter of Transparency International found that two neighbouring countries in Africa call on two different ends of the scale in terms of corruption.
Brazilian firm views South Africa as important market Published by Staff Writer on 27 July 2010 WEG, a Brazil-based industrial-machinery maker, has acquired control of South Africa’s Zest Group.
New laws for tourism operators in Lagos State Published by Staff Writer on 26 July 2010 Lagos State Governor, Babatunde Fashola last week signed into law a bill for the regulation and standardisation of the tourism sector in the state.
Sudan cement plant a ‘challenging’ project Published by Dinfin Mulupi on 23 July 2010 “Although we are accustomed to working in remote locations and to dealing with intense heat, the challenges at Takamol were compounded by the fact that the two banks of the Nile were only recently connected by a bridge.”
Globacom to start operations in The Gambia Published by Staff Writer on 21 July 2010 Nigeria-based African telecommunications firm, Globacom, has won a licence to operate telecom services in The Gambia.
Restaurant group cashed in during World Cup Published by Staff Writer on 19 July 2010 Famous Brands, the company behind restaurants such as Steers, Wimpy and Mugg & Bean, reported a boost in sales during the World Cup period.
Japanese firm to acquire South Africa’s Dimension Data Published by Jaco Maritz on 18 July 2010 Japan-based Nippon Telegraph and Telephone Corporation (NTT), one of the largest global telecommunications service providers, on Thursday announced it will buy South Africa’s Dimension Data.
Africa’s most expensive cities Published by Claude Harding on 17 July 2010 Luanda in Angola is the world’s most expensive city for expatriates, according to the latest Cost of Living Survey from Mercer.
Vale to invest in Zambian copper mine Published by Staff Writer on 15 July 2010 Brazilian mining firm, Vale, plans to invest US$400 million in the Konkola North copper project, which is expected to start production by 2013.
South African firm invests in Zambia poultry facility Published by Staff Writer on 13 July 2010 Astral Foods, a South African integrated poultry producer, has opened a new state-of-the-art broiler breeding farm and hatchery in Zambia.
Main One Cable to revolutionise broadband in West Africa Published by Claude Harding on 8 July 2010 The Main One submarine fibre optic cable system linking West Africa to Europe was last week completed and commissioned.
Strong economic growth projected for Mozambique Published by Claude Harding on 5 July 2010 Mozambique is expected to grow robustly in 2010 as a combination of accommodative economic policy and a rebound in global trade boosts the economy.