Vainglorious waterway quest leaves presidents stranded Published by Dianna Games on 7 December 2010 Three African presidents stood on a river bank recently, waiting for their boat to come in. It never arrived. This is no metaphor.
Mozambique continues to attract investment Published by Imara Africa Securities team on 7 December 2010 Mozambique has remained on the radar screen of investors this year, as its economy continues to progress from years of civil conflict and a socialist driven ethos.
Pearson acquires majority stake in South African education company Published by Staff Writer on 5 December 2010 International publishing and education company Pearson recently announced that it has agreed to acquire a 75% stake in CTI Education Group of South Africa.
Google launches free classifieds service in Ghana Published by Claude Harding on 5 December 2010 Google has launched Google Trader in Ghana, a free classifieds service that allows people to buy and sell products and services as well as search for jobs.
Olam to establish sugar refinery in Nigeria Published by Claude Harding on 3 December 2010 Olam International Limited, a global agribusiness company, today announced that it will set up a port-based sugar refinery in Nigeria.
Peugeot reopens shop in Kenya Published by Regina Ekiru on 1 December 2010 Peugeot, the second largest car manufacturer in Europe, will be returning to the Kenyan market after a three year hiatus.
Sierra Leone Diaspora set up businesses back home Published by Fid Thompson on 1 December 2010 With new business reforms enacted, some Sierra Leoneans are returning to the mother country eight years after the end of conflict.
Eye on North Africa: November 2010 Published by Francois Conradie on 1 December 2010 The month of November saw quite a bit of action in North Africa both economically and politically.
Cement in booming but SA firms in danger of losing out Published by Dianna Games on 29 November 2010 A quick survey of the cement industry in Africa north of the Limpopo suggests that contrary to South Africa’s post-World Cup blues, Africa is awash with construction plans, constrained only by a shortage of cement.
Kenya’s first online share trading platform launched Published by Regina Ekiru on 29 November 2010 Trading at the Nairobi Stock Exchange is set for a major overhaul following the unveiling of Kenya’s first online trading platform.
Wal-Mart confirms offer to acquire 51% of Massmart Published by Staff Writer on 29 November 2010 US-based retailer Wal-Mart Stores announced today that it has offered to acquire 51% of the shares of South Africa’s Massmart.
Canadian firm to build monorail in Nigeria’s Enugu State Published by Staff Writer on 28 November 2010 Globim Corporation, a Canada-based privately owned consortium of engineering organisations and experts, is set to build a 117 kilometre monorail in Enugu, the capital city of Enugu State, Nigeria.
Corporate air travel in Africa struggling to fully recover Published by Staff Writer on 24 November 2010 Corporate air travel in Africa has not recovered to pre-recession levels, says British Airways Kenya country manager, George Mawadri.
South African consumer goods company invests in Ethiopia, Nigeria Published by Staff Writer on 24 November 2010 South African fast-moving consumer goods (FMCG) company, Tiger Brands, today announced new investments in Ethiopia and Nigeria.