Ghana sees an increase in business travellers Published by Claude Harding on 1 February 2011 Ghana’s hotels and restaurants sector expanded by an estimated 11.3% in 2010, probably because of an increase in business travellers, Renaissance Capital said in a research report.
DHL wins lucrative East African Breweries contract Published by Staff Writer on 23 January 2011 International transportation and logistics company DHL has won an estimated Ksh2.28 billion (US$28 million) per annum contract to handle the distribution of East African Breweries Limited (EABL) brands in the region.
Nigerian banks “one of the best prospective investment areas in the world” Published by Mishnah Seth on 22 January 2011 The Asset Management Company of Nigeria (AMCON) was created to stabilise the banking sector following the special audit in 2009. Investec’s Mishnah Seth believes it will boost the country’s banking sector.
Great need for financing agribusiness on the continent Published by African Trader on 22 January 2011 Food security is one of the key challenges facing the African continent, but to get land planted and help their countries become self-sustaining, farmers need financing.
UK expat spots gap for serviced office space in Kenya Published by Regina Ekiru on 22 January 2011 Alexander Andrewes was among the first entrepreneurs to introduce the concept of virtual and serviced offices in the Kenyan market.
Angola stock exchange not likely to open this year Published by Imara Africa Securities team on 22 January 2011 Article produced by the Imara Africa Securities team. Imara is an investment banking and asset management group renowned for its knowledge of African markets.
Products to keep Africa’s poultry flocks disease-free Published by Promotional Feature on 20 January 2011 We talk to Immuno-Vet Services’ Dean Hewson about poultry health in Africa and the products the company can offer farmers to protect their birds against disease.
Heineken boosts its Nigerian operations Published by Claude Harding on 20 January 2011 Heineken N.V., the world’s third- largest brewer by volume, has increased its Nigerian footprint through the acquisition of two holding companies from the Sona Group.
Hotel operator pursuing opportunities in Nigeria Published by Jaco Maritz on 20 January 2011 “We look at Nigeria as almost a continent within a continent.”
Top 10 African countries on Facebook Published by Jaco Maritz on 19 January 2011 Data published by Socialbakers.com reveals that Africa currently has just over 22 million Facebook users.
Why South Africa could be an attractive base for foreign private equity funds Published by J-P Fourie on 19 January 2011 Recent changes in legislation are paving the way for South Africa to serve as the hub for private equity funds looking to invest in the African continent.
Massmart shareholders vote in favour of Wal-Mart deal Published by Claude Harding on 17 January 2011 Massmart shareholders today voted in favour of the sale of a controlling stake in the company to US retailer Wal-Mart Stores.
Africa’s investment comeback to gather pace in 2011 Published by Jaco Maritz on 17 January 2011 “Trading volumes at African stock exchanges and international buying enjoyed a significant uptick in the final quarter of 2010.”
Dangote Group president outlines reasons for its investment in Zambia Published by Staff Writer on 17 January 2011 Zambia’s high level of urbanisation as well as the government’s efforts to reduce dependence on copper, has motivated Nigeria’s Dangote Group to build a cement factory in the country.