News

Dutch company seeing potential in polluted water

Published by Dinfin Mulupi on 20 May 2010

Multi Purpose Industries (MPI), a Dutch company specialising in potable water solutions, has launched a state-of-the-art decentralised water purification unit in Kenya. MPI has invested over US$70 million in the project.

SABMiller records growth in its African markets

Published by Staff Writer on 20 May 2010

London-based brewer, SABMiller, has recorded an increase in its African sales volumes during a year in which economic growth slowed as a result of the global economic recession, and which also resulted in weaker currencies, increased cost of debt and higher inflation.

South African firm moves into Nigeria’s insurance market

Published by Staff Writer on 20 May 2010

South African financial services group, Sanlam, has entered into a joint venture with First Bank of Nigeria plc to form a new insurance firm, FBN Insurance Company Limited.

Chinese investment in Zambia questioned

Published by Staff Writer on 18 May 2010

The leader of Zambia’s main opposition Patriotic Front (PF) party says the government’s announcement of a US$1 billion Chinese investment to help build an electric power plant is a “cheaply conceived” ploy to garner votes ahead of next year’s general elections.

Does a municipality need licensing to construct a waste-to-energy plant for own use?

Published by Staff Writer on 17 May 2010

One does not need licensing to construct a power plant in South Africa if it is for “own use”. Business can install power plants for own use without a licensing requirement. What about when it comes to municipalities if you develop a waste-to-energy project as a municipality. Would this still be defined as “own use”?

A single East African currency by 2012?

Published by Dinfin Mulupi on 17 May 2010

Talks are ongoing between central banks of the East African Community member states on the introduction of a single currency by 2012. If negotiations among the member states succeed the EAC countries would have a single currency in the next two years.

Private firm tackling Nigeria’s power problems head on

Published by Staff Writer on 17 May 2010

Nigeria’s power supply problems are having a detrimental effect on the economy. Geometric Power Ltd has taken the bull by the horns and is currently developing its own independent power project in the southern city of Aba.

Belgian company starts wind energy project in Africa

Published by Staff Writer on 14 May 2010

Belgian green electricity company, Electrawinds, has begun the construction of a wind turbine in the harbour of Coega, near Port Elizabeth, South Africa.

Indian firm to establish cement plant in East Africa

Published by Dinfin Mulupi on 13 May 2010

Cemtech Sanghi Group, a subsidiary of the India-based cement giant, Sanghi Group, will this month begin construction of a Ksh.14 billion (US$180 million) cement project in the West Pokot district in the Rift Valley Province of Kenya.

High hopes for commercial gas find in Kenya

Published by Dinfin Mulupi on 13 May 2010

Kenya is an inch closer to striking natural gas, the Minister for Energy Kiraitu Murungi has said.

$5 per month for a computer?

Published by Staff Writer on 11 May 2010

South African mobile operator, Vodacom, has announced the launch of Linkbook – a low-cost compact computer designed specifically to provide users with simple and affordable internet access.

Impact of the World Cup on the South African economy

Published by Cees Bruggemans on 11 May 2010

The winning of the World Cup Soccer bid way back in 2004 created a challenge to prepare the country for hosting such an august event in 2010.

New Nigerian 24-hour news network launched

Published by Staff Writer on 10 May 2010

A new 24-hour Nigerian satellite news television network, known as NN24, was launched last week.

Absa plans IPO for Tanzania’s National Bank of Commerce

Published by Staff Writer on 9 May 2010

South African banking group, Absa, plans to hold an initial public offering for Tanzania’s National Bank of Commerce, in which it has a 55.5% stake, and list it on the Dar es Salaam Stock Exchange.

News

Dutch company seeing potential in polluted water

SABMiller records growth in its African markets

South African firm moves into Nigeria’s insurance market

Chinese investment in Zambia questioned

Does a municipality need licensing to construct a waste-to-energy plant for own use?

A single East African currency by 2012?

Private firm tackling Nigeria’s power problems head on

Belgian company starts wind energy project in Africa

Indian firm to establish cement plant in East Africa

High hopes for commercial gas find in Kenya

$5 per month for a computer?

Impact of the World Cup on the South African economy

New Nigerian 24-hour news network launched

Absa plans IPO for Tanzania’s National Bank of Commerce

Botswana in a tight position as lab diamonds sparkle a little brighter

Agriculture: Three crops with big business potential in Nigeria and beyond

‘I was very scared, very nervous’: Zambian entrepreneur on starting a business

Entrepreneur turns Nigerian superfood into a global export business

Zambia: A fintech success story that began at a market in Kitwe

Zambia: The entrepreneur who sold her house to build a fintech business

Apples: The next big farming opportunity in Tanzania and beyond?

Nigerian entrepreneur among Africa’s top 10 business heroes

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