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.
Recovering copper prices to positively impact Zambian economy Published by Imara Africa Securities team on 1 October 2010 Zambia’s economy went through a difficult patch when the global crisis hit and the demand for commodities fell with the resultant impact on prices.
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.
Nigeria: Local governments get green light for independent power projects Published by Staff Writer on 29 September 2010 Nigeria’s National Economic Council (NEC) on Tuesday gave local governments the green light to establish independent power projects.
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%.
Wal-Mart makes offer for South Africa’s Massmart Published by Staff Writer on 27 September 2010 US-based retailer Wal-Mart Stores announced today that it has made a proposal which could, if successful, lead to Walmart making a cash offer to acquire South Africa’s Massmart Holdings Limited.
Rudderless SA may miss out on new scramble for Africa Published by Dianna Games on 26 September 2010 If South Africa does not wake up to the benefits of having a proper multi-stakeholder Africa strategy it will be left out in the cold in the new scramble for the continent.
Richard Branson encourages investment in Zimbabwe Published by Sandra Nyaira on 26 September 2010 British entrepreneur Richard Branson has announced a new venture that aims to help put Zimbabwe back on its feet.
Protea Hotels to build 15 new hotels in Zambia Published by Staff Writer on 26 September 2010 Protea Hotels Zambia is to construct 15 new hotels in Zambia, according to a report in the Times of Zambia.
Interview: Financing cocoa in Ghana Published by Staff Writer on 25 September 2010 Stanbic Bank Ghana this week confirmed that a record number of commitments have been secured for Ghana Cocoa Board’s 17th annual pre-export finance facility.
Safaricom continues to look at ways to defend market share Published by Imara Africa Securities team on 22 September 2010 As the price wars in the Kenyan mobile sector intensify, Safaricom last week slashed the cost of SMS’s by as much as 94%.
Banking sector uncertainty continues to plague Nigeria Published by Imara Africa Securities team on 21 September 2010 The major driver of Nigeria’s stock exchange, the banking sector, has continued to wallow in the doldrums, steadily heading lower and lower.
Mercedes Benz could boost investment in South Africa Published by Staff Writer on 19 September 2010 Mercedes Benz South Africa has proposed a new investment in the country’s automotive industry which could see the creation of 2000 new jobs.
Second-hand clothing hurting Kenya’s textile industry Published by Cathy Majtenyi on 16 September 2010 The sale of second-hand clothing is widespread in Kenya. But while it may benefit the pocketbooks of many people, critics say it harms the country’s domestic textile industry.
