Angola’s diamond industry could rival oil sector Published by Staff Writer on 2 April 2011 Within the next 15 to 20 years, Angola’s diamond industry could rival its oil sector in both output and volume.
Nigeria votes: Polls postponed to Monday Published by Claude Harding on 2 April 2011 Nigeria’s Independent National Electoral Commission (INEC) has postponed the country’s National Assembly elections to Monday 4 April. The polls were originally scheduled for Saturday.
Panasonic might build assembly plant in Nigeria Published by Staff Writer on 2 April 2011 Panasonic Corporation of Japan is examining the possibility of building an electronics assembly plant in Nigeria.
M-PESA goes global with Western Union alliance Published by Staff Writer on 1 April 2011 Kenya’s mobile services giant Safaricom has signed a partnership with Western Union that will allow M-PESA’s 13.5 million subscribers to receive international money transfers from 45 countries and territories worldwide.
World’s beer makers jostling for market share in Africa Published by Imara Africa Securities team on 1 April 2011 In a recent report by Reuters, Heineken NV, the world’s third-largest brewer is reported to have submitted the highest offer for an Ethiopian brewery being sold by government.
New breed of airlines opening up African skies Published by Jaco Maritz on 30 March 2011 Africa’s airline industry has turned a page with a number of world-class carriers emerging, eager to capitalise on the continent’s growing income levels.
Heineken eyeing two breweries in Ethiopia Published by Staff Writer on 29 March 2011 Heineken NV, one of the world’s largest brewers, has made an offer for two Ethiopian breweries.
Entrepreneur watch: Africa’s version of Foursquare Published by Claude Harding on 29 March 2011 Ebot Tabi is a Cameroonian software developer and one of the founders of Geofeed.me, a location-based service and application, which allows people to connect and share information about places they visit.
More African countries could turn to GM crops Published by Claude Harding on 29 March 2011 Up to an additional seven African nations are expected to start with the commercial production of genetically modified (GM) crops by 2015.
Inflation more a worry for Africa than political risk Published by Imara Africa Securities team on 29 March 2011 The African Development Bank recently said that there is little risk that the political crisis in North Africa could spread to the sub-Sahara region, but escalating oil and food prices are the main worry.
PepsiCo building new plant in Kenya Published by Staff Writer on 28 March 2011 US multinational PepsiCo is in the process of establishing a beverage manufacturing facility in Kenya.
How mobile phones are transforming African agriculture Published by Jaco Maritz on 28 March 2011 Mobile phone technologies are presenting Africa’s smallholder farmers with an unprecedented opportunity to run their operations more productively and to grow their own income levels.
Southern Africa’s retail potential still largely untapped, says Pick n Pay Published by Claude Harding on 28 March 2011 South African retailer Pick n Pay announced the opening of its second store in Zambia, which will extend its footprint in the rest of Africa even further.
Should international CEOs bother with Africa? Published by Jackson Mvunganyi on 28 March 2011 For years, foreign businessmen shunned Africa. They saw the continent as a highly risky destination for investment. But in the past decade, much of that has changed.
