Eye on North Africa: December 2010 Published by Francois Conradie on 3 January 2011 North Africa specialist Francois Conradie looks at the region’s most important business and politics stories for the month of December 2010.
Nigeria: Investors urged to take advantage of newly dredged River Niger Published by Staff Writer on 3 January 2011 Nigeria’s Minister of Transport, Yusuf Suleiman, has called on investors to take advantage of the newly dredged lower River Nigeria, This Day newspaper recently reported.
Malawi electricity prices increased by 20% Published by Staff Writer on 3 January 2011 Malawi’s power utility, the state-owned Electricity Supply Corp., has announced that electricity prices were increased by 20%, effective 1 January 2010.
Doubts over South Africa’s Bric invite Published by Staff Writer on 3 January 2011 Many analysts are sceptical about South Africa’s suitability to join the Bric group of emerging economies, the Sunday Times reported yesterday.
Volkswagen eyeing investment in Algeria Published by Staff Writer on 3 January 2011 German automobile manufacturer Volkswagen is considering to invest in Algeria, according to Business Report.
Kenya Commercial Bank looking to double branches in southern Sudan Published by Staff Writer on 3 January 2011 Reuters reports that Kenya Commercial Bank (KCB) expects to double its branches in southern Sudan if the region manages to conduct a successful referendum, scheduled for 9 January 2011.
Growing demand for private health care in Kenya Published by Staff Writer on 3 January 2011 Private hospitals in Kenya have invested in costly expansion projects over the past year in order to cater for an increasing demand for quality health care from the country’s growing middle class.
Foreign investors still negative about Africa, says MTN CEO Published by Jaco Maritz on 2 January 2011 Many foreign investors with large amounts of capital at their disposal still hold a negative view of Africa although the situation is improving.
How we made it in Africa publishes second issue of agri4africa newsletter Published by Staff Writer on 2 January 2011 How we made it in Africa, in association with South Africa’s Agribusiness Development Corporation (ADC), recently published the second issue of the agri4africa email newsletter.
DRC exports could suffer because of AGOA decision Published by Claude Harding on 2 January 2011 The Democratic Republic of Congo (DRC) has lost its status as a beneficiary country under the African Growth and Opportunity Act (AGOA), effective 1 January 2011.
Biofuels can play important role in boosting economic growth Published by Nermin Musovic on 31 December 2010 Biofuels production has the potential to boost economic growth in Africa, according to Giovanni Venturini, a partner at Agroils Srl
Nigeria: AMCON set to close N1.4trn banks’ capital shortfall Published by Staff Writer on 31 December 2010 Nine of the ten banks the Central Bank of Nigeria (CBN) rescued in 2008 will see their capital shortfall of N1.4 trillion closed today.
Regional economic blocs set for New Year integration talks Published by Staff Writer on 30 December 2010 Three African regional blocks are set to convene in the early weeks of January 2011 to deliberate on trade related issues as well as increased integration and co-operation.
Europe ‘big freeze’ has little impact on Tanzania tourist arrivals Published by Staff Writer on 30 December 2010 Tourists arrivals in Dar es Salaam, the country’s eastern tourism hub, have not been affected by flights cancellations in Europe caused by extreme cold weather, stakeholders have said.