Indian construction firms making inroads into Africa Published by Simon Freemantle and Jeremy Stevens on 5 November 2010 In recent years, Indian financing and technical assistance for African infrastructure has displayed meaningful gains.
Is the newfound confidence in Africa sustainable? Published by Patrice Rassou on 5 November 2010 The announcement that HSBC had terminated talks to purchase 70% of Nedbank was likened to being hit for six by an English batsman; it was quite unexpected and still difficult to rationalise after an extensive due diligence process.
Actis increases stake in West African power plant Published by Staff Writer on 2 November 2010 Actis, a private equity investor focused solely on emerging markets, has confirmed that its portfolio company, Globeleq, has acquired a majority interest in the Azito gas-fired power plant near Abidjan in Cote d’Ivoire.
African agriculture ‘not entirely a private sector affair’ Published by Staff Writer on 2 November 2010 Kwaku Owusu-Baah, Director of Economic Studies of the Inter-African Coffee Organisation, decries the neglect of agriculture by both African governments and development institutions.
Case study: Finance for Ugandan agri-processing business Published by Claude Harding on 1 November 2010 Uganda, like most African countries, is a net importer of staple foods. Unlocking the country’s agricultural potential means offering the right kind of finance to its farmers and agricultural businesses.
Kenya: Honey producer partnering with small-scale farmers Published by Dinfin Mulupi on 1 November 2010 Kenyan honey producer, Honey Care Africa, has trained thousands of small-scale farmers to practice commercial beekeeping. Dinfin Mulupi reports
Angola waking up to agriculture’s potential Published by Christopher Thompson on 30 October 2010 Usually ignored due to the fast dollars earned through oil production, farming is attracting the government’s attention as a way to boost rural livelihoods as well as increase food exports.
India increasing the pace as it plays catch up in Africa Published by Imara Africa Securities team on 27 October 2010 Interest in Africa from India goes beyond the telcos (Bharti Airtel) and the cement sector, as Bloomberg highlighted in a report on 24 October.
Woolworths eyeing Angolan market Published by Staff Writer on 27 October 2010 South African retailer Woolworths is looking at entering the Angolan market.
Africa – more than just about commodities Published by Eric Kibe on 25 October 2010 Eric Kibe, portfolio manager of the Sanlam African Frontier Markets Fund, outlines the case for investment opportunity in Sub-Sahara Africa.
Importance of remittances highlighted in reports Published by Imara Africa Securities team on 24 October 2010 A recent report said that sub-Saharan Africa trails other regions in its annual share of remittances and it should take steps to raise it in order to fund much-needed development.
SABMiller reports growth in Africa beer sales Published by Claude Harding on 18 October 2010 SABMiller, the world’s second largest brewer by volume, today said in a statement that lager volumes in Africa grew by 11% on an organic basis during the six-month period ended 30 September 2010.
African exchange controls – almost everywhere you go Published by Claude Harding on 18 October 2010 Most countries on the African continent have some form of exchange control regulations.
Kenya eyes 1.2 million tourists Published by Regina Ekiru on 18 October 2010 Kenya’s tourism sector seems to be on the recovery path following the 2007 post election violence and global recession which threatened to bring the sector to its knees.