Toshiba targeting African market with new manufacturing plant in Egypt Published by Claude Harding on 14 January 2011 Japanese electronics group Toshiba Corporation is aggressively targeting the African market with its range of TV models.
Nigeria: Goodluck Jonathan wins PDP’s presidential primaries Published by Staff Writer on 14 January 2011 Nigerian President Goodluck Jonathan early this morning defeated his closest rival and former vice president Atiku Abubakar to emerge as the Peoples Democratic Party (PDP) presidential candidate for the April elections.
Airlines benefiting from high demand for flights to southern Sudan Published by Claude Harding on 14 January 2011 Business Daily yesterday reported that Kenya’s airlines are benefiting from more traffic to southern Sudan as the country’s week-long referendum drives demand.
Norwegian fertiliser firm betting on growth in Tanzania’s agriculture sector Published by Claude Harding on 13 January 2011 Norwegian-based global fertiliser company Yara International has announced a US$20 million investment into a new fertiliser terminal at the port in Dar es Salaam, Tanzania.
Airtel to launch 3G services in Kenya Published by Staff Writer on 13 January 2011 Bharti Airtel will start offering third-generation telecommunication services in Kenya by the end of March, Bloomberg reports.
South Africa’s most affordable cities for home buyers Published by Staff Writer on 13 January 2011 Johannesburg and Port Elizabeth are the most affordable cities for home buyers in South Africa, Fin24 today reported, citing a property group.
Political crisis getting worse in Ivory Coast Published by Staff Writer on 13 January 2011 Ivory Coast’s commercial capital Abidjan has seen a second day of clashes between supporters of President-elect Alassane Ouattara and security forces loyal to rival President Laurent Gbagbo.
Tanzania’s broadband backbone to be completed by end of year Published by Staff Writer on 13 January 2011 Construction of Tanzania’s broadband backbone is expected to be completed by the end of the year.
Mozambique set to continue showing solid GDP growth Published by Imara Africa Securities team on 12 January 2011 While its stock exchange has not developed at a rate one would have like, Mozambique’s overall economy has continued to show strong growth.
Uganda needs to work with other East African states for development of oil industry Published by Staff Writer on 12 January 2011 Cooperation between Uganda and other East African states is critical for the successful development of the country’s oil and gas industry, Brian Glover, the country manager of Tullow Uganda said yesterday.
Kenya’s economy may grow by 6% in 2011 Published by Staff Writer on 12 January 2011 Kenya’s economy may grow by 6% this year compared to about 5% in 2010, a finance ministry official said at a conference.
Ghana oil refinery to restart operations on Friday Published by Staff Writer on 11 January 2011 Reuters reports that Ghana’s 45,000 barrel-per-day oil refinery in Tema will restart production on Friday after a two-week shutdown.
Malawian insurer to benefit from Sanlam’s expertise Published by Claude Harding on 11 January 2011 South African financial services group Sanlam is to buy a 49% stake in Malawi’s NICO Life Insurance Company Limited.
Looking to do business in Zimbabwe? Read Imara’s 2011 outlook Published by Imara Africa Securities team on 11 January 2011 The “talk” of elections in 2011 will be the main theme in political and business circles.