Rwanda best place to do business in East Africa – report Published by Dinfin Mulupi on 28 May 2010 Rwanda is the best place to do business in East Africa. This according to a World Bank report published this week.
Advice on investing in Nigeria’s renewable energy sector Published by Staff Writer on 28 May 2010 I have an energy consulting firm in the UK and I am toying with the idea of investing in Nigeria in the renewable energy sector. Could you please advise me on the steps I need to take?
Hotel operator books its place on Botswana Stock Exchange Published by Staff Writer on 27 May 2010 Cresta Marakanelo, Botswana’s largest hotel operator, is on track for a 17 June listing on the Botswana Stock Exchange judging by enthusiastic public response to the sale of 62,9 million shares in the company by Botswana Development Corporation.
Download Niger’s Mining Code Published by Staff Writer on 26 May 2010 Niger’s mining industry plays a significant role in the country’s economy. Minerals found in Niger include coal, gold, gypsum, limestone, salt, silver, tin and uranium.
Will Africa get an extra country? Published by Staff Writer on 25 May 2010 Southern Sudan will in early 2011 hold a referendum to determine whether to remain part of a united Sudan or become a separate state.
Cement firm positive about Rwanda’s economy Published by Staff Writer on 25 May 2010 Tanzania-based Tanga Cement Company (TCC), which launched its operations in Rwanda last week, is positive about the country’s potential due to solid gross domestic product (GDP) growth and the low inflation rate.
Japanese organisation financing new Mombasa container terminal Published by Dinfin Mulupi on 24 May 2010 The Kenya Ports Authority (KPA) has said designs for the construction of a KSh.16 billion (US$202 million) second container terminal at the Mombasa port will be ready by June.
Cameroon signs trade agreement on tropical hardwood Published by Staff Writer on 20 May 2010 The European Union (EU) and the Government of Cameroon last week announced a trade agreement in which Africa’s biggest exporter of tropical hardwood to Europe has agreed to ensure wood traded within the country and shipped from Cameroon to the EU and other destinations worldwide contains no illegal timber.
Dutch company seeing potential in polluted water Published by Dinfin Mulupi on 20 May 2010 Multi Purpose Industries (MPI), a Dutch company specialising in potable water solutions, has launched a state-of-the-art decentralised water purification unit in Kenya. MPI has invested over US$70 million in the project.
SABMiller records growth in its African markets Published by Staff Writer on 20 May 2010 London-based brewer, SABMiller, has recorded an increase in its African sales volumes during a year in which economic growth slowed as a result of the global economic recession, and which also resulted in weaker currencies, increased cost of debt and higher inflation.
South African firm moves into Nigeria’s insurance market Published by Staff Writer on 20 May 2010 South African financial services group, Sanlam, has entered into a joint venture with First Bank of Nigeria plc to form a new insurance firm, FBN Insurance Company Limited.
Chinese investment in Zambia questioned Published by Staff Writer on 18 May 2010 The leader of Zambia’s main opposition Patriotic Front (PF) party says the government’s announcement of a US$1 billion Chinese investment to help build an electric power plant is a “cheaply conceived” ploy to garner votes ahead of next year’s general elections.
Does a municipality need licensing to construct a waste-to-energy plant for own use? Published by Staff Writer on 17 May 2010 One does not need licensing to construct a power plant in South Africa if it is for “own use”. Business can install power plants for own use without a licensing requirement. What about when it comes to municipalities if you develop a waste-to-energy project as a municipality. Would this still be defined as “own use”?
Private firm tackling Nigeria’s power problems head on Published by Staff Writer on 17 May 2010 Nigeria’s power supply problems are having a detrimental effect on the economy. Geometric Power Ltd has taken the bull by the horns and is currently developing its own independent power project in the southern city of Aba.
