Oil country Namibia? Published by Staff Writer on 9 July 2011 Namibia could become a major oil producer by as early as 2015.
Heineken chief bullish on Ethiopia and DRC Published by Staff Writer on 8 July 2011 Tom de Man, Heineken’s outgoing president for the Middle East and Africa, told Bloomberg that the company needs to build brewery businesses in countries such as the Democratic Republic of Congo and Ethiopia.
South Sudan counting on funding from the Arab world Published by Staff Writer on 6 July 2011 As South Sudan prepares for its independence celebrations on Saturday, Africa’s newest country is seeking funding from the Arab world for new development projects.
Nigeria: MTN to give millions access to financial services Published by Staff Writer on 4 July 2011 Nigeria’s largest mobile telecoms operator MTN has announced that it will launch mobile money services in August.
Walmart kicks off South African advertising campaign Published by Staff Writer on 29 June 2011 During the past weekend, South Africans got their first taste of the Walmart brand.
Eight Zimbabwean banks in unhealthy positions Published by Staff Writer on 26 June 2011 The Zimbabwe Independent reports that eight of the country’s banks are struggling due to the depressed economy.
Nigeria’s new minimum wage: where will the money come from? Published by Staff Writer on 22 June 2011 Implementing Nigeria’s new minimum wage is proving harder than anticipated.
Nairobi fast becoming a major financial hub Published by Staff Writer on 20 June 2011 Kenya’s capital Nairobi is fast transforming itself into a major financial centre.
South African firm to build shopping mall in Zambia Published by Staff Writer on 16 June 2011 South Africa’s Manto Investment Group is to construct a US$30 million shopping centre in Ndola, Zambia.
China’s growing influence in Mozambique Published by Staff Writer on 16 June 2011 China is investing billions of dollars in Mozambique without asking questions says researcher Loro Horta in a new study titled “The Dragon and the Mamba: The Growing Presence of China in Mozambique”.
Will India enter Nigeria’s banking sector? Published by Staff Writer on 14 June 2011 Reuters reports that Nigeria’s Spring Bank is in recapitalisation talks with India’s second-largest lender ICICI Bank.
IBM looking to land IT deals in Africa Published by Staff Writer on 14 June 2011 US-based technology firm IBM is increasing its presence in Africa.
SA’s Pick n Pay denies rumours about Tesco deal Published by Staff Writer on 13 June 2011 South African supermarket group Pick n Pay has denied speculations about a deal with UK retailer Tesco.
“Zain now smells like Bharti,” says Airtel boss Published by Staff Writer on 10 June 2011 Indian mobile operator Bharti Airtel’s strategy in Africa is to lower tariffs, expand its market share and make money through economies of scale.