Telkom to launch new mobile network this week Published by Staff Writer on 10 October 2010 South African fixed-line operator, Telkom, will launch its long-awaited mobile network on Thursday, according to a report by the Sunday Times.
Large scale wind farm to be built in Cape Verde Published by Claude Harding on 10 October 2010 A large scale onshore wind farm of more than 28 megawatts is to be established on four islands in the Cape Verde archipelago.
South African property moves into an ecofriendly future Published by Nermin Musovic on 9 October 2010 The Nedbank Phase II project, undertaken by the sustainability team of WSP GREEN by DESIGN, comprises a new building in Sandton, which is governed by environmentally sustainable principles.
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.
Hotel group allows guests to settle bills through M-PESA Published by Claude Harding on 6 October 2010 Sarova Hotels, Resorts & Game Lodges, in partnership with Kenyan telecoms operator Safaricom, will now offer guests the option of settling their bills through the M-PESA money transfer service.
Indian wind power company sets up shop in South Africa Published by Staff Writer on 6 October 2010 Indian wind turbine supplier, Suzlon Energy Limited, has announced that it will establish an office in South Africa.
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.
Sanlam to start operations in Malawi and Mozambique Published by Staff Writer on 6 October 2010 South African financial services group, Sanlam, is planning to launch operations in Malawi and Mozambique within the next 18 months.
Niger Delta: Building a new city alongside the old Published by Dianna Games on 6 October 2010 In Nigeria’s colonial era, the city of Port Harcourt was favoured by the British rulers as a place to live because of its balmy weather, extensive gardens, sound infrastructure and access to the Atlantic Ocean.
US companies to become more active in Africa, says Symbion CEO Published by Claude Harding on 5 October 2010 Paul Hinks, CEO of US energy firm Symbion Power LLC, has said that in recent history, American construction companies have been noticeable by their absence in Africa.
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.