Nigeria: Deals imminent for four rescued banks Published by Staff Writer on 2 February 2011 Four of the nine Nigerian banks rescued in a bailout in 2009 are expected to sign agreements with new investors over recapitalisation this month, the country’s central bank said on Wednesday.
Many banks still see African agriculture as “high risk” Published by Jaco Maritz on 2 February 2011 We talk to Jacques Taylor, Standard Bank’s director for agricultural banking, about the Bank’s strategy for servicing the continent’s agriculture sector.
Uganda losing out in battle for southern Sudan market Published by Staff Writer on 2 February 2011 Ugandan businesses are ill-prepard to compete with other countries looking for a slice of the southen Sudanese market, said Uganda’s Consular General in Southern Sudan, Busho Ndinyenka.
Unrest seen in Egypt might spread to Algeria Published by Staff Writer on 2 February 2011 The unrest in Egypt might spread to other countries with high unemployment rates, such as Algeria, Standard & Poor’s said today.
Interview: How I started Kenya’s own version of McDonald’s Published by Regina Ekiru on 2 February 2011 Can Kenya have its own McDonald’s? That is the question Dominic Kosen grappled with before launching one of Kenya’s first local restaurant franchises.
South African farmers eyeing opportunities in Mozambique Published by Claude Harding on 1 February 2011 Many South African farmers have indicated an interest to start operations in Mozambique, according to agricultural union Agri SA.
Ghana sees an increase in business travellers Published by Claude Harding on 1 February 2011 Ghana’s hotels and restaurants sector expanded by an estimated 11.3% in 2010, probably because of an increase in business travellers, Renaissance Capital said in a research report.
Eye on North Africa: January 2011 Published by Francois Conradie on 1 February 2011 North Africa specialist Francois Conradie looks at the region’s most important business and politics stories for the month of January 2011.
Southern Sudan referendum: Almost 99% vote in favour of secession Published by Staff Writer on 31 January 2011 The first preliminary results from southern Sudan’s referendum showed that 98.83% of voters voted in favour of secession from the north.
New sugar refinery to be built in Lagos Published by Staff Writer on 31 January 2011 Golden Sugar Company Ltd, a subsidiary of Flour Mills of Nigeria Plc, has secured US$143.3 million in financing to build a state-of-the-art sugar refinery complex in Lagos.
Investec shares its views on the situation in Egypt Published by Malcolm Gray on 31 January 2011 Malcolm Gray, portfolio manager at Investec, gives an update on events and their views on Egypt.
Heineken suspends production in Egypt Published by Staff Writer on 31 January 2011 Heineken NV, the world’s third-largest brewer by volume, said on Monday it had halted production in Egypt as protesters intensified their campaign to force President Hosni Mubarak to stand down.
People power mushrooms across the continent Published by Imara Africa Securities team on 31 January 2011 “People power” has gripped the African continent over the past few weeks.
94% of South African CEOs expect growth from rest of Africa Published by Claude Harding on 27 January 2011 The vast majority of South African CEOs questioned in a recent survey anticipate their business in the rest of the continent to expand over the next year.
