Nigeria’s fuel dilemma Published by Femi Adewunmi on 12 January 2012 While many people on 1 January had to cope with a headache after the previous night’s festivities, Nigerians entered the new year with an additional misery.
Kenya becoming a hub for Asian investment into Africa Published by Claude Harding on 11 January 2012 “Kenya is very attractive to us because it’s on the east coast of the continent, and attractive position as a centre for India’s and China’s investment and interests in Africa.”
Jannie Mouton on doing business in Africa Published by Claude Harding on 10 January 2012 In his autobiography, titled And Then They Fired Me, South African entrepreneur Jannie Mouton says that doing business in the rest of the continent is “quite terrifying until you have mastered it”.
S&P revises the outlook on Nigeria’s top three banks to positive Published by Imara Africa Securities team on 9 January 2012 Last week, Standard & Poor’s Ratings Services (S&P) revised its outlook on Nigeria’s three largest banks – GT Bank, First Bank of Nigeria and Zenith Bank – to ‘positive’ from ‘stable’.
IBM targeting Africa’s banks for new business Published by Femi Adewunmi on 8 January 2012 US-based technology firm IBM has significantly expanded its African footprint over the past three years.
Restoring Angolan agriculture to its former glory Published by Jaco Maritz on 6 January 2012 Many might find it hard to believe that Angola’s capital Luanda used to be the party capital of the central African region up until 1975, when the country gained independence from Portugal.
African entrepreneurs can have a global impact, says Richard Branson Published by Regina Ekiru on 3 January 2012 “I’m sure African entrepreneurs can make global impact. Having made money in Africa, African entrepreneurs can then go to address global issues.”
Denis Worrall on South Africa’s “indifferent year” Published by Denis Worrall on 19 December 2011 At the end of 2011, and the beginning of a new year, Europe is in a mess and likely to get much worse before it gets better. Africa, by contrast, is solvent.
Kenyan banks move to cushion borrowers and avert loan defaults Published by Imara Africa Securities team on 15 December 2011 Earlier this week, the Kenya Bankers’ Association released a statement detailing a set of initiatives designed to avert possible bank loan defaults on the back of spiking interest rates.
Nigerian mobile money startup Paga wants 15 million users by 2015 Published by Noblesse Oblige on 13 December 2011 How we made it in Africa talks to Tayo Oviosu, founder of Paga, Nigeria’s hottest new mobile money platform.
From humble beginnings to a $50m petroleum company Published by Regina Ekiru on 12 December 2011 Regina Ekiru speaks to Ahmed Hashi about how he built Hashi Energy into a $50 million business.
‘Go it alone’ a major bottleneck for Africa, says Equity Bank boss Published by Regina Ekiru on 10 December 2011 Equity Bank chief executive James Mwangi has criticised entrepreneurs for taking an individualistic approach to business, describing it as “a major bottleneck in Africa”.
Kenya still good for business, says Richard Branson Published by Regina Ekiru on 9 December 2011 Richard Branson’s airline Virgin Atlantic may be losing money on its London-Nairobi route but that has not dampened the entrepreneur’s confidence in Kenya as an investment destination.
Euro crisis having an alarming impact on emerging markets – SA finance minister Published by Claude Harding on 9 December 2011 Current global economic instability is having a significant impact on developing nations, says South Africa’s minister of finance, Pravin Gordhan.