American firm to buy South Africa’s Pannar Seed Published by Staff Writer on 4 October 2010 Pioneer Hi-Bred, a US-based agricultural business, and Pannar Seed, a South African-based seed company, recently announced an agreement for Pioneer to purchase a majority share of Pannar.
Citigroup involved in Africa trade finance transaction Published by Staff Writer on 3 October 2010 US-based financial services company, Citigroup, has partnered with the AfDB Group and the IFC to provide US$175 million in trade financing for exporters and importers in Africa.
MTN sees value in having locals in charge of marketing Published by Claude Harding on 1 October 2010 Mobile operator MTN places great importance on having local people in charge of its marketing in the various countries in which it operates.
Can micro hydro boost economic development in rural Africa? Published by Staff Writer on 1 October 2010 Micro hydro power systems have the potential to spur economic development in rural Africa. How we made it in Africa interviewed Wim Jonker Klunne, senior researcher at the CSIR.
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.
Africa ’15 years behind Asia’ Published by Staff Writer on 28 September 2010 “Africa is about 15 years behind Asia but you can superimpose its own pattern of growth on Africa. Companies such as the Indian telecoms group Bharti Airtel have already identified this opportunity.”
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%.
African air travel expected to grow steadily over next 20 years Published by Claude Harding on 22 September 2010 Boeing forecasts that carriers in Africa will experience steady growth over the next 20 years as air travel on the continent continues to grow with the economy.
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.
How to acquire land for agriculture in Uganda Published by Staff Writer on 20 September 2010 Question: I’m thinking of establishing a large-scale organic agriculture project in Uganda. What is the process involved in acquiring land for this? Submitted by D.K. Ross, United Kingdom