High hopes for commercial gas find in Kenya Published by Dinfin Mulupi on 13 May 2010 Kenya is an inch closer to striking natural gas, the Minister for Energy Kiraitu Murungi has said.
$5 per month for a computer? Published by Staff Writer on 11 May 2010 South African mobile operator, Vodacom, has announced the launch of Linkbook – a low-cost compact computer designed specifically to provide users with simple and affordable internet access.
New Nigerian 24-hour news network launched Published by Staff Writer on 10 May 2010 A new 24-hour Nigerian satellite news television network, known as NN24, was launched last week.
Absa plans IPO for Tanzania’s National Bank of Commerce Published by Staff Writer on 9 May 2010 South African banking group, Absa, plans to hold an initial public offering for Tanzania’s National Bank of Commerce, in which it has a 55.5% stake, and list it on the Dar es Salaam Stock Exchange.
Opportunity to mine salt at Djibouti’s Assal Lake Published by Staff Writer on 5 May 2010 Investors have the opportunity to invest in the mining of sea salt at Djibouti’s Assal Lake.
New BMW X1 expected to exceed sales targets in East Africa Published by Dinfin Mulupi on 5 May 2010 Kenya’s exclusive BMW distributor, Bavaria Auto, yesterday launched the new 2010 BMW X1 sports utility vehicle series in the capital Nairobi.
Gulf African Bank to expand to Tanzania and Uganda Published by Dinfin Mulupi on 5 May 2010 Gulf African Bank (GAB) has announced it is planning to enter Tanzania and Uganda by the end of the year. The plans follow the Islamic bank’s successful launch and growth in the Kenyan market.
Which countries have the most potential for sugar cane growing and processing? Published by Staff Writer on 4 May 2010 Question: Which countries in Africa have the best potential for sugar cane growing and processing?
Renaissance Capital acquires BJM Securities Published by Staff Writer on 3 May 2010 South Africa-based BJM Holdings today announced the sale of its wholly owned subsidiary BJM Securities to the Russian emerging markets investment bank, Renaissance Capital.
West African media firms hit by economic downturn Published by Staff Writer on 3 May 2010 West African media organisations are finding it increasingly difficult to survive due to the tough economic situation.
Kenyan entrepreneur turns trash into cash Published by Dinfin Mulupi on 3 May 2010 A Kenyan firm has discovered a way to turn plastic waste into a profitable business venture. Lorna Rutto is the founder of Global Bio Energy, a company that manufactures fencing posts from recycled consumer plastic waste from Dandora, a slum in Kenya’s capital city of Nairobi.
US firm to invest in agriculture projects in Angola, Malawi Published by Staff Writer on 1 May 2010 US-based Gaiacor International has announced that it has signed a memorandum of understanding with MITC Investments to manage and operate large farming operations in Angola.
African farmers growing organic crops for European markets Published by Staff Writer on 30 April 2010 African farmers are making money producing organically grown crops for European markets, where demand for healthier food is growing.
Nigeria stock market up 20% in 2010 Published by Staff Writer on 29 April 2010 Nigeria’s stock market is up more than 20% this year on stronger-than-expected corporate earnings and renewed foreign investment.