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.
What oil production will mean for Uganda’s economy Published by Imara Africa Securities team on 30 June 2010 The commencement of oil production in Uganda has the potential to give the East African country’s economy a significant boost.
Africa a ‘wonderful place to make money’ Published by Jaco Maritz on 30 June 2010 Many foreign companies are not aware of the high returns on investment possible in Africa, says Mo Ibrahim, founder of the Mo Ibrahim Foundation and founding chairman of Satya Capital Ltd.
More than 70% of Naspers pay TV subscribers from South Africa Published by Claude Harding on 29 June 2010 More than 70% of emerging markets media group Naspers’ African pay television subscribers are from South Africa alone.
East Africa to begin economic integration this week Published by Michael Onyiego on 29 June 2010 Members of East African Community will formally begin Thursday the process of integration. Despite some reservations from smaller countries, analysts believe the union will greatly benefit the region.
Obstacles to intra-regional trade in West Africa Published by Jean-Louis Ekra on 29 June 2010 The low ratio of intra-African trade to total African trade despite rising intra-African trade values has been traced to some tariff and non-tariff barriers to the trade.
Africa’s top microfinance stock pick? Published by Imara Africa Securities team on 29 June 2010 Imara Africa Securities believes that operating in the continent’s microfinance industry can be sustainably profitable, if the business is managed correctly
Equatorial Guinea president invites investors Published by Staff Writer on 28 June 2010 Equatorial Guinea President, Teodoro Obiang, has emphasised his desire to make Equatorial Guinea a business-friendly destination for investment.
Kirubi positive about business in Africa Published by Staff Writer on 27 June 2010 Africa holds the largest opportunities for investment and business over the next century. This according to Chris Kirubi, chairman of Kenya-based Haco Industries and Capital Group.
Possible Chinese investment in Nigerian bank? Published by Staff Writer on 24 June 2010 A Chinese bank might soon make an equity investment in Nigeria’s First Bank.
Botswana hotel operator to list on stock exchange this Monday Published by Staff Writer on 24 June 2010 Cresta Marakanelo Limited, Botswana’s largest hotel operator, will commence its listing on the Botswana Stock Exchange this Monday (June 28) following the country’s widest and biggest truly public offering of shares to date.