Kenyan banking sector still has plenty of room for growth Published by Imara Africa Securities team on 8 October 2010 Reuters last week reported that Kenyan banks are set for consolidation to meet a deadline to boost minimum core capital and cut costs in a lower interest rate environment.
Interview: Actis acquires African fabric manufacturer Published by Staff Writer on 8 October 2010 Private equity firm, Actis, recently bought 100% of Vlisco Group, the market leader in designer wax fashion fabrics aimed at the west and central African market.
Interview: Growing an agriculture business in Africa Published by Staff Writer on 8 October 2010 Nick Goble, Pannar Seed’s regional manager for Africa, talked to How we made it in Africa about the company’s operations and how to successfully invest in the continent’s agriculture sector.
Pakistani footwear company opens Kenyan subsidiary Published by Regina Ekiru on 6 October 2010 Pakistan’s leading footwear manufacturer and exporter, Servis Group, has opened a subsidiary, Servis Shoe Africa, in the Kenyan market.
Running a thriving money transfer business from Somalia Published by Jaco Maritz on 5 October 2010 Somalia, a country that has over the years mostly made headlines for violent civil unrest and piracy, is an unlikely birthplace for one of Africa’s largest money transfer companies.
Namibian mobile company utilises wind power Published by Claude Harding on 5 October 2010 Namibian mobile operator, MTC, has inaugurated its first fully-funded wind-powered solution to power its equipment in an area not served by the national electricity grid.
Mauritius top ranked country in 2010 Ibrahim Index Published by Staff Writer on 4 October 2010 Mauritius ranks 1st out of 53 African countries in the newly released Ibrahim Index, an assessment of governance on the continent.
American firm to buy South Africa’s Pannar Seed Published by Staff Writer on 4 October 2010 Pioneer Hi-Bred, a US-based agricultural business, and Pannar Seed, a South African-based seed company, recently announced an agreement for Pioneer to purchase a majority share of Pannar.
South African exchange controls – still relevant to foreign investors Published by Staff Writer on 4 October 2010 There is ongoing speculation as to whether, and exactly when, South Africa will completely abolish exchange control (excon) regulations.
Citigroup involved in Africa trade finance transaction Published by Staff Writer on 3 October 2010 US-based financial services company, Citigroup, has partnered with the AfDB Group and the IFC to provide US$175 million in trade financing for exporters and importers in Africa.
Can micro hydro boost economic development in rural Africa? Published by Staff Writer on 1 October 2010 Micro hydro power systems have the potential to spur economic development in rural Africa. How we made it in Africa interviewed Wim Jonker Klunne, senior researcher at the CSIR.
Actis foremost UK inward investor into Nigeria Published by Staff Writer on 1 October 2010 Actis, a private equity investor focused solely on emerging markets, has been named the foremost UK inward investor into Nigeria.
Case study: Tackling microinsurance in Zambia Published by Mark Napier on 30 September 2010 In an extract from his book Real Money, New Frontiers, Mark Napier looks at how Zambia’s MLife established its microinsurance business.
Mauritius throws another fillip at struggling economy Published by Imara Africa Securities team on 28 September 2010 As concerns around the pace of its economic recovery continue, Mauritius’ central bank has reduced its benchmark interest rate by one percentage point to 4.75%.