Protests flare up in Djibouti Published by Staff Writer on 20 February 2011 Pro-democracy protests have erupted in the small north-east African coastal state of Djibouti, echoing waves of protest seen throughout the Middle East.
Uganda’s Museveni wins presidential election Published by Staff Writer on 20 February 2011 Reuters reports that Ugandan President Yoweri Museveni won a fourth term in office with 68% of the vote. The opposition rejected the outcome.
United Bank for Africa suspends Ivory Coast operations Published by Staff Writer on 20 February 2011 Nigeria’s United Bank for Africa (UBA) has suspended operations of its Ivory Coast subsidiary due to the political crisis in the country.
M-PESA recognised as one of the world’s best mobile money services Published by Claude Harding on 20 February 2011 M-PESA has won the Mobile Money for the Unbanked Award at this year’s Global Mobile Awards, which was held last week in Barcelona.
Will Nigeria’s football clubs list on the stock exchange? Published by Claude Harding on 18 February 2011 An analyst told Business Day that Nigeria Premier League football clubs would have to completely change their structure and management before they can list on the country’s stock exchange.
Positioning Cape Town as the gateway into Africa Published by Jaco Maritz on 18 February 2011 Cape Town has over the years lost some prominence as a business destination while Johannesburg strengthened its position as South Africa’s commercial capital.
How we made it in Africa publishes third issue of agri4africa newsletter Published by Staff Writer on 18 February 2011 How we made it in Africa, in association with South Africa’s Agribusiness Development Corporation (ADC), this week published the third issue of the agri4africa email newsletter.
Zimbabwe to nationalise diamond mines Published by Staff Writer on 17 February 2011 Reuters reports that Zimbabwe will proceed with plans to take controlling stakes in foreign-owned diamond mines in the east of the country but will spare a Chinese-owned mine from nationalisation.
Nigeria: Telecoms sector overtakes banking, manufacturing Published by Staff Writer on 17 February 2011 The telecommunications sector’s contribution to Nigeria’s gross domestic product in 2011, is expected to exceed the combined contributions of the banking, manufacturing, insurance and solid minerals sectors.
Africa’s mining sector viewed as attractive investment proposition, despite problems Published by Imara Africa Securities team on 17 February 2011 Africa’s mining potential is unfolding as a number of economies are becoming more important in terms of global mineral production.
Rwanda expects investments of more than $600 million in 2011 Published by Staff Writer on 16 February 2011 As Rwandan policy makers are considering the East as an important source of investment that is needed to actualise the country’s transformation agenda, investment inflows are expected to exceed US$600 million this year.
Tiger Brands’ hunger for Africa cannot be satisfied Published by Claude Harding on 16 February 2011 South African fast-moving consumer goods company, Tiger Brands, has over the past few months made a number of acquisitions in the rest of the continent.
Tiger Brands makes another acquisition in order to grow African footprint Published by Staff Writer on 15 February 2011 South African consumer goods company Tiger Brands has announced that it would buy beverage manufacturer Davita Trading to boost its presence in Africa.
Property group buys Cape Town’s V&A Waterfront Published by Staff Writer on 15 February 2011 Growthpoint Properties Limited together with the Public Investment Corporation Limited (PIC) representing the Government Employees Pension Fund announced today that they have entered into an agreement to acquire, in equal proportions, South Africa’s iconic V&A Waterfront.
