SABMiller to build new brewery in Nigeria Published by Staff Writer on 1 March 2011 SABMiller, the world’s second largest brewer by volume, announced today that it will invest over US$100 million in building a new greenfield brewery in Onitsha, in South Eastern Nigeria.
Africa’s growing middle class could drive political change Published by Scott Stearns on 1 March 2011 A growing middle class south of the Sahara presents challenges for governments, as well as a potential source of political stability.
Zambia emerging as a strong global mining player Published by Imara Africa Securities team on 1 March 2011 Mining in Zambia will definitely be a key driver for growth in 2011 and beyond.
Uganda: Losing presidential contender says he has not ruled out war Published by Staff Writer on 28 February 2011 Kizza Besigye, who lost out to Ugandan President Yoweri Museveni at the country’s 18 February polls, said he is not ruling out the possibility of going to the bush to dislodge President Museveni from power.
South Africa launches state-owned mining company Published by Staff Writer on 27 February 2011 South African President Jacob Zuma has launched a state-owned mining company, called the African Exploration Mining and Finance Corporation (AEMFC).
Sub-Saharan Africa the world’s last cement frontier Published by Nontando Zunga and Anthony Lopes-Pinto on 27 February 2011 Sub-Saharan Africa is the world’s last cement frontier, currently with a supply deficit of some 5 million tons per annum.
West African stock exchange to relocate to Mali Published by Staff Writer on 25 February 2011 Bloomberg reports that West Africa’s regional stock market, the Bourse Regionale des Valeurs Mobilieres, will relocate “temporarily” to Bamako, Mali after its offices in Abidjan, Ivory Coast were seized.
Africa, China to reshape global oil markets Published by Claude Harding on 25 February 2011 Africa is poised to become a major player in the global oil markets due to the discovery of new reserves and as it ramps up production to meet growing global demand, especially from China.
Google expands reach in West Africa to tech-savvy youth Published by Julia Ritchey on 24 February 2011 West Africa’s internet penetration level remains one of the lowest in the world, but a booming market for mobile phones has more tech companies sensing opportunity.
Africa one of the last frontiers for advertising industry Published by Jaco Maritz on 23 February 2011 International advertising agencies are scrambling to get a foothold in the African continent – described as one of the last great frontiers for the industry.
Africa to boost Emirates’ cargo business Published by Staff Writer on 23 February 2011 Emirates Airline expects the contribution of African routes to its cargo business to rise this year as vibrant economies on the continent import infrastructure gear and consumer goods.
East Africa exploring possibility of single stock market Published by Staff Writer on 23 February 2011 The East African Community has started a process to harmonise capital market regulations to ease the movement of money across national borders, making it easier for investors looking for expansion cash.
Doing business in Africa a question of human relations Published by Claude Harding on 21 February 2011 A study of the perception of business relations with Africa, conducted among French entrepreneurs, reveals that doing business in Africa is a question of human relations above all else.
Not much clarity about SA’s stance on nationalisation Published by Denis Worrall on 21 February 2011 If you were a foreigner willing to make an investment in a mining project what would you do? – especially if you were offered something in Ghana and South Africa.