US retailer Gap confident about North African market Published by Claude Harding on 4 July 2011 Despite the recent political turmoil experienced in North Africa, US-based clothing retailer Gap Inc. last week announced that it will enter the continent by opening stores Egypt and Morocco.
Nigeria: MTN to give millions access to financial services Published by Staff Writer on 4 July 2011 Nigeria’s largest mobile telecoms operator MTN has announced that it will launch mobile money services in August.
Lusaka skyscraper to be evidence of Zambia’s new prosperity Published by Claude Harding on 4 July 2011 Zambia’s tallest building, the burnt-out Society House tower in Lusaka, is to be redeveloped at a cost of US$100 million.
Think big, start small and start now, says Kenyan entrepreneur Published by Regina Ekiru on 4 July 2011 Eric Kinoti is the 27-year-old founder and managing director of Shade Systems East Africa. He talks to Regina Ekiru about his journey from cashier to successful businessman.
China, India more attractive than Africa, says Ford boss Published by Imara Africa Securities team on 1 July 2011 According to Lewis Booth, the CFO of U.S. car maker Ford Motor Co, Africa may be growing quickly, but still offers fewer opportunities than more robust emerging markets such as China and India.
Walmart kicks off South African advertising campaign Published by Staff Writer on 29 June 2011 During the past weekend, South Africans got their first taste of the Walmart brand.
Pam Golding chief shares his thoughts on Africa’s real estate market Published by Jaco Maritz on 29 June 2011 How we made it in Africa interviews Dr Andrew Golding, chief executive of South African real estate agency Pam Golding.
Investment case for Africa now stronger than ever, says Ecobank Published by Femi Adewunmi on 29 June 2011 “Direct foreign investment in the continent is forecast to reach US$150 billion by 2015.”
Africa’s top countries for investment identified Published by Claude Harding on 28 June 2011 South Africa, Nigeria and Kenya are Africa’s best investment destinations for 2011, according to the Dutch-based organisation Africa Business Panel.
Better times ahead for Zambian coffee industry Published by Maimbolwa Mulikelela on 28 June 2011 “People will never stop drinking coffee because they need it, even when in sorrow, as we saw during the last world recession.”
Pick n Pay says local farmers will benefit from its entry into Mozambique Published by Claude Harding on 27 June 2011 South African supermarket group Pick n Pay plans to support local farmers in Mozambique, where it recently opened its first store.
Eight Zimbabwean banks in unhealthy positions Published by Staff Writer on 26 June 2011 The Zimbabwe Independent reports that eight of the country’s banks are struggling due to the depressed economy.
Nigeria removes impediment to investment Published by Femi Adewunmi on 26 June 2011 Governor of the Central Bank of Nigeria, Lamido Sanusi, has revealed that the one-year restriction associated with the holding period of the Certificate of Capital Importation (CCI) in the fixed income market will be lifted.
Ghana: New mobile money service could boost agri-processing Published by Femi Adewunmi on 26 June 2011 Many agri-processing firms in Africa are struggling to access financing to buy raw materials from farmers.