What is the investment outlook for Africa? Published by Staff Writer on 10 July 2010 There is a growing realisation that Africa’s resources must be tapped if the needs of China, India and other fast-growing emerging markets are going to be met.
Mining firm facing troubles in Guinea Published by Jaco Maritz on 8 July 2010 Guinea’s minister of mining, Mahmoud Thiam, this week told Anglo-Australian miner, Rio Tinto, that it must respect its obligations in Guinea or risk having its mining licence withdrawn.
Mobile operators boosting investments in Africa Published by Imara Africa Securities team on 8 July 2010 The telecommunications sector in Africa continues to provide an attractive investment destination for mobile network operators as announcements regarding continued investment over the past few days have shown.
Main One Cable to revolutionise broadband in West Africa Published by Claude Harding on 8 July 2010 The Main One submarine fibre optic cable system linking West Africa to Europe was last week completed and commissioned.
Property firm expecting a surge in business activity Published by Dinfin Mulupi on 8 July 2010 Some of the biggest names in Kenya’s property industry have come together to develop a premium piece of real estate worth Ksh.1 billion (US$12 million).
Absa’s bid to acquire Namibian bank rejected Published by Staff Writer on 7 July 2010 The Bank of Namibia, the country’s central bank, has rejected South Africa-based Absa Group’s application to acquire a majority stake in Bank Windhoek.
Liberia’s rubber sub-sector holds investment potential Published by Staff Writer on 6 July 2010 Liberia’s National Investment Commission (NIC) is inviting foreign and local investors to invest in the county’s rubber sub-sector.
Strong economic growth projected for Mozambique Published by Claude Harding on 5 July 2010 Mozambique is expected to grow robustly in 2010 as a combination of accommodative economic policy and a rebound in global trade boosts the economy.
Nestlé to boost operations in Africa Published by Jaco Maritz on 5 July 2010 Nestlé last week announced it will invest CHF 150 million (US$141 million) in the Equatorial African Region (EAR) over the next three years.
Which markets in Africa are doing the best? Published by Staff Writer on 2 July 2010 South Africa is by far the largest and most liquid of the markets in sub-Saharan Africa. There are many world class companies in South Africa and these present good investing opportunities.
Cosmetics giant introduces 24 new products in East Africa Published by Dinfin Mulupi on 2 July 2010 Global cosmetics giant, Oriflame, today introduced 24 new products into the East African market as it seeks to grow its market share.
Nigeria’s coal deposits identified Published by Staff Writer on 2 July 2010 Nigeria has major unexploited coal resources. The government has recently placed a high priority on utilising these resources to increase Nigeria’s electricity generating capacity.
Is a pan-African bourse feasible? Published by Imara Africa Securities team on 1 July 2010 Absa CEO, Maria Ramos, speaking at the Global Forum this week, was quoted as saying that Africa’s stock exchanges are too fragmented, which may point to the need for a single pan-African bourse.
Google goes Swahili Published by Dinfin Mulupi on 1 July 2010 Google yesterday unveiled Swahili versions of Gmail, Google Maps and Google Chrome.
