East African Breweries acquires rights for Windhoek Lager Published by Staff Writer on 22 April 2010 Kenya-based East African Breweries Limited (EABL) has acquired the distribution and marketing rights for the Namibian-brewed premium beer, Windhoek Lager.
Sanlam enters Ugandan market Published by Staff Writer on 22 April 2010 South African financial services group, Sanlam, yesterday launched a life insurance business in Uganda, a country it believes has excellent growth potential.
Mining company removes salt from seawater in Namibia Published by Staff Writer on 21 April 2010 French mining and energy company, Areva, last week inaugurated Namibia’s first seawater desalination plant.
Starwood to inject $176 million into Nigeria hotels Published by Staff Writer on 20 April 2010 The Starwood Hotel Group, managers of the Sheraton and Le Méridien brands, has announced it will invest N26.6 billion (US$176 million) in Nigeria’s hospitality industry over the next two years.
Tanzania export processing zone attracting interest from foreign investors Published by Staff Writer on 20 April 2010 The Kamal Group, a private firm, has announced it will spend US$300 million to establish an export processing zone in Tanzania.
Planned Angolan stock exchange a potential African giant Published by Staff Writer on 19 April 2010 An Angolan stock exchange – predicted for launch later in the year – will have the makings of an African giant, according to an in-depth assessment by the pan-African Imara financial services group.
Kenyan company buys DRC power cable firm Published by Staff Writer on 16 April 2010 Kenyan investment company, TransCentury, has bought a power cable firm in the Democratic Republic of Congo.
Imara buys stake in Zambian stock brokering firm Published by Staff Writer on 15 April 2010 Imara Holdings, the Botswana registered financial services group and Lusaka-based Stockbrokers Zambia Limited today announced the conclusion of a transaction which sees Imara take a 25% stake in the Zambian company.
e.tv Africa launched in 12 countries Published by Staff Writer on 13 April 2010 Viewers in twelve countries across Africa now have access to a 24-hour syndicated version of the South African free-to-air channel e.tv.
Significant changes coming to Nigeria’s banking landscape Published by Staff Writer on 12 April 2010 The Central Bank of Nigeria on Thursday published a draft document of proposed changes to the current “Universal Banking Policy”.
South African firms urged to invest in Congo Published by Staff Writer on 9 April 2010 South Africa wants to explore business and investment opportunities in the Republic of the Congo, says President Jacob Zuma.
Zain announces sale of African operations to Bharti Airtel Published by Staff Writer on 30 March 2010 Kuwait-based mobile telecommunications company Zain today announced the signing of definitive agreements for the sale of 100% of Zain Africa.
PayPal launched in South Africa Published by Staff Writer on 25 March 2010 First National Bank (FNB) and PayPal today announced that customers in South Africa can now sell to PayPal’s global customer base.
Zain launches ‘Zap’ in Ghana Published by Staff Writer on 17 March 2010 ‘Zap’, Zain’s mobile commerce service, was launched today in Accra, Ghana.