Nigerian banks seeking funds in London Published by Staff Writer on 6 June 2011 Some of the Nigerian banks that were bailed out in 2009 might list on the London Stock Exchange to raise money before a recapitalisation deadline.
17 African countries with good investment potential Published by Claude Harding on 6 June 2011 In its recently published 2011 Africa attractiveness survey, Ernst & Young identified a selection of African countries with good potential for foreign direct investment (FDI) over the next five years.
Skills shortage remains a problem for Kenyan IT companies Published by Claude Harding on 6 June 2011 A lack of skilled workers in the information technology (IT) sector is forcing Kenyan software firms to outsource work internationally or to train fresh graduates.
Transport and logistics firms see potential in Kenyan market Published by Staff Writer on 5 June 2011 Transport and logistics companies are battling it out for market share in Kenya.
Mobile banking catching on in South Africa Published by Jaco Maritz on 5 June 2011 Close to 2 out of every 10 South Africans are now using their phones to transfer cash to family and friends.
Irrigation can shield Africa’s farmers from the effects of climate change Published by Jaco Maritz on 5 June 2011 Until a few years ago, farmers in northern Ethiopia could count on the occasional moderate rain. These days there is either no rainfall or it is in the form of torrential downpours.
Stop complaining and get into Africa, says Gerald Mahinda Published by Jaco Maritz on 3 June 2011 “We can’t expect Africa to come to us. We must stop waiting, stop complaining and get out there, into Africa and start seeking out those opportunities.”
Mr Price could open in Nigeria by December this year Published by Claude Harding on 2 June 2011 South African clothing and home goods retailer Mr Price is looking to open stores in Nigeria, Angola and Ghana.
All’s well in The Gambia, says IMF Published by Staff Writer on 1 June 2011 The Gambia’s long-term economic outlook is generally positive, says the International Monetary Fund.
What CEOs are saying about Africa Published by Claude Harding on 1 June 2011 Investors and executives are starting to become more positive on Africa as an investment destination, although some still see barriers keeping them from investing.
Nigerian banks forced to establish agric desks Published by Staff Writer on 30 May 2011 In an effort to boost lending to the agriculture value chain, the Central Bank of Nigeria (CBN) has ordered commercial banks to establish agricultural desks within six months.
Africa’s beer market still has plenty of room for growth Published by Claude Harding on 30 May 2011 Brewers operating in the African market still have a lot of room for future growth as beer consumption on the continent is still far from saturation levels.
World’s cheapest car might come to Mozambique Published by Staff Writer on 29 May 2011 Plans are underway to build a Tata vehicle assembly plant in Mozambique’s Zambezia province.
Investors need to carefully manage issues around land ownership Published by Jaco Maritz on 29 May 2011 Investors in Africa’s agriculture sector need to be aware of the complexities surrounding land ownership.
