Nigeria: Investors urged to take advantage of newly dredged River Niger Published by Staff Writer on 3 January 2011 Nigeria’s Minister of Transport, Yusuf Suleiman, has called on investors to take advantage of the newly dredged lower River Nigeria, This Day newspaper recently reported.
Malawi electricity prices increased by 20% Published by Staff Writer on 3 January 2011 Malawi’s power utility, the state-owned Electricity Supply Corp., has announced that electricity prices were increased by 20%, effective 1 January 2010.
Doubts over South Africa’s Bric invite Published by Staff Writer on 3 January 2011 Many analysts are sceptical about South Africa’s suitability to join the Bric group of emerging economies, the Sunday Times reported yesterday.
Volkswagen eyeing investment in Algeria Published by Staff Writer on 3 January 2011 German automobile manufacturer Volkswagen is considering to invest in Algeria, according to Business Report.
Kenya Commercial Bank looking to double branches in southern Sudan Published by Staff Writer on 3 January 2011 Reuters reports that Kenya Commercial Bank (KCB) expects to double its branches in southern Sudan if the region manages to conduct a successful referendum, scheduled for 9 January 2011.
Growing demand for private health care in Kenya Published by Staff Writer on 3 January 2011 Private hospitals in Kenya have invested in costly expansion projects over the past year in order to cater for an increasing demand for quality health care from the country’s growing middle class.
Nigeria: AMCON set to close N1.4trn banks’ capital shortfall Published by Staff Writer on 31 December 2010 Nine of the ten banks the Central Bank of Nigeria (CBN) rescued in 2008 will see their capital shortfall of N1.4 trillion closed today.
Regional economic blocs set for New Year integration talks Published by Staff Writer on 30 December 2010 Three African regional blocks are set to convene in the early weeks of January 2011 to deliberate on trade related issues as well as increased integration and co-operation.
Europe ‘big freeze’ has little impact on Tanzania tourist arrivals Published by Staff Writer on 30 December 2010 Tourists arrivals in Dar es Salaam, the country’s eastern tourism hub, have not been affected by flights cancellations in Europe caused by extreme cold weather, stakeholders have said.
Kenya doubles cotton yield amid price volatility Published by Staff Writer on 30 December 2010 Kenya’s cotton production has doubled this year, slightly reducing the country’s exposure to volatile international prices, new data shows.
Record number of South Africans holiday in Mozambique Published by Staff Writer on 30 December 2010 A record number of people crossed South Africa’s Komatipoort border with Mozambique this festive season, state media reported Thursday.
Nigeria: Analysts advise government to sell refineries Published by Staff Writer on 30 December 2010 Miffed by government’s incessant interference in the operations of the nation’s four refineries, industry analysts have again canvassed for their immediate sale.
Gold production in Tanzania receives a boost Published by Staff Writer on 30 December 2010 The International Finance Corporation (IFC) has financed Helio Resources Corp to complete a 20,000 metre, two-rig drill programme in search for gold in south west of the country.
Egypt to start importing meat from Kenya Published by Staff Writer on 30 December 2010 Egypt will soon start importing meat from Kenya and increase tea imports, following successful discussions with a Kenyan delegation.