Nigerian market opens up for clothing retailers Published by Jaco Maritz on 5 April 2011 Nigeria’s decision to lift a ban on imported textiles is opening up many opportunities for foreign clothing retailers.
Africa’s best airport: And the winner is… Published by Claude Harding on 5 April 2011 South African airports trumped other airports on the continent in the Skytrax 2011 World Airport Awards.
Africa’s best airport: And the winner is… Published by Staff Writer on 4 April 2011 Johannesburg’s OR Tambo International Airport has been named the best airport on the African continent.
Telkom sells Nigerian unit to Visafone Published by Staff Writer on 4 April 2011 Telkom South Africa has announced that it will sell its troubled Nigerian unit, Multi-Links, to Visafone for US$52 million.
South Africa – BRIC or briquette? Published by Claude Harding on 3 April 2011 South Africa’s invitation to join the BRIC (Brazil, Russia, India and China) group of emerging economies has been controversial.
New era for M-PESA Published by Claude Harding on 3 April 2011 Kenyan mobile operator Safaricom last week announced a deal that will enable the 13.5 million customers using its M-PESA mobile money transfer service to receive payments from any of the 80,000 Western Union agent locations across the world.
Angola’s diamond industry could rival oil sector Published by Staff Writer on 2 April 2011 Within the next 15 to 20 years, Angola’s diamond industry could rival its oil sector in both output and volume.
Panasonic might build assembly plant in Nigeria Published by Staff Writer on 2 April 2011 Panasonic Corporation of Japan is examining the possibility of building an electronics assembly plant in Nigeria.
M-PESA goes global with Western Union alliance Published by Staff Writer on 1 April 2011 Kenya’s mobile services giant Safaricom has signed a partnership with Western Union that will allow M-PESA’s 13.5 million subscribers to receive international money transfers from 45 countries and territories worldwide.
New breed of airlines opening up African skies Published by Jaco Maritz on 30 March 2011 Africa’s airline industry has turned a page with a number of world-class carriers emerging, eager to capitalise on the continent’s growing income levels.
Heineken eyeing two breweries in Ethiopia Published by Staff Writer on 29 March 2011 Heineken NV, one of the world’s largest brewers, has made an offer for two Ethiopian breweries.
Entrepreneur watch: Africa’s version of Foursquare Published by Claude Harding on 29 March 2011 Ebot Tabi is a Cameroonian software developer and one of the founders of Geofeed.me, a location-based service and application, which allows people to connect and share information about places they visit.
More African countries could turn to GM crops Published by Claude Harding on 29 March 2011 Up to an additional seven African nations are expected to start with the commercial production of genetically modified (GM) crops by 2015.
Inflation more a worry for Africa than political risk Published by Imara Africa Securities team on 29 March 2011 The African Development Bank recently said that there is little risk that the political crisis in North Africa could spread to the sub-Sahara region, but escalating oil and food prices are the main worry.