Kenyan fuel retailer scouting for opportunities in Zimbabwe, Mozambique Published by Claude Harding on 10 November 2010 Kenyan fuel retailer KenolKobil has finalised plans to open an office in Zimbabwe effective 1 January 2011.
Data centres hold potential for African property developers Published by Nermin Musovic on 9 November 2010 The construction of data centres is an area with great potential for African property developers, says Charles K. Robertson of South Africa-based Visual International.
Nakumatt boosts its presence in Uganda Published by Regina Ekiru on 9 November 2010 Kenyan supermarket retailer Nakumatt Holdings has opened its second 24 hours store in Uganda and announced that it will invest US$1.2 million in the country as part of an expansion drive.
M-PESA registers 21,000 users in South Africa Published by Staff Writer on 8 November 2010 M-PESA currently has 21,000 registered users in South Africa, Vodacom CEO Pieter Uys said in a radio interview with Moneyweb.
Pick n Pay moves into Mozambique Published by Staff Writer on 8 November 2010 South African supermarket group Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.
Could indigenisation laws spark a wave of listings on the ZSE? Published by Imara Africa Securities team on 7 November 2010 While the adoption of a multicurrency regime in Zimbabwe has provided some form of respite for local companies, the key restraint relates to the general lack of liquidity.
How to invest in Africa’s agriculture sector Published by Jaco Maritz on 5 November 2010 Agri-Vie is a private equity fund focused on agribusiness in Africa. Jaco Maritz spoke to Izak Strauss, Agri-Vie’s executive director and chief investment officer, about investing in Africa’s agriculture sector
Indian construction firms making inroads into Africa Published by Simon Freemantle and Jeremy Stevens on 5 November 2010 In recent years, Indian financing and technical assistance for African infrastructure has displayed meaningful gains.
Good news for investors as Zimbabwe plans a blackout-free future Published by Claude Harding on 5 November 2010 Zimbabwe has a master-plan to ensure power supply constraints don’t put a brake on the country’s strategy for sustained economic growth.
Is the newfound confidence in Africa sustainable? Published by Patrice Rassou on 5 November 2010 The announcement that HSBC had terminated talks to purchase 70% of Nedbank was likened to being hit for six by an English batsman; it was quite unexpected and still difficult to rationalise after an extensive due diligence process.
Oil is a far cry from being Africa’s curse Published by Dianna Games on 4 November 2010 There is no African oil curse, maintains global oil and gas expert Dr Duncan Clarke, only an inherited and continuing curse of politics.
African equity investment options set to expand Published by Imara Africa Securities team on 4 November 2010 Sub-Saharan Africa could well have another stock market joining its ranks next year, with the news that Lesotho is planning to open an exchange before the end of 2011, according to its finance minister Timothy Thahane.
Actis increases stake in West African power plant Published by Staff Writer on 2 November 2010 Actis, a private equity investor focused solely on emerging markets, has confirmed that its portfolio company, Globeleq, has acquired a majority interest in the Azito gas-fired power plant near Abidjan in Cote d’Ivoire.
African agriculture ‘not entirely a private sector affair’ Published by Staff Writer on 2 November 2010 Kwaku Owusu-Baah, Director of Economic Studies of the Inter-African Coffee Organisation, decries the neglect of agriculture by both African governments and development institutions.