Uganda seeking contractors for construction of hydropower plant Published by Staff Writer on 1 September 2010 Uganda’s Energy Ministry has announced that it is seeking contractors to construct the 700 megawatt Karuma hydropower plant.
Mali to introduce new mining code Published by Staff Writer on 1 September 2010 Mali’s mines minister, Abou Bakar Traore, has revealed that the country will introduce a new mining code in October to encourage more investment in the minerals industry.
M-PESA launched in South Africa Published by Staff Writer on 1 September 2010 South African mobile operator, Vodacom, and the country’s fourth largest bank, Nedbank, have announced the launch of the M-PESA money transfer service, utilising technology developed by the Vodafone Group.
Portuguese firm flourishing in Mozambique Published by Staff Writer on 31 August 2010 “Mozambique is a true case of success and has developed rather positively over the past two years,” says Jorge Coelho, chairman of the executive committee of the Mota-Engil Group.
East African Breweries follows in SABMiller footsteps with Sudan brewery Published by Dinfin Mulupi on 30 August 2010 East African Breweries Ltd is set to establish a brewery in Southern Sudan. EABL plans to build a 700,000 hectolitre (hl) plant in Juba, Southern Sudan, which can be expanded to 1 million hl.
Opportunities in Malawi’s livestock industry Published by Staff Writer on 30 August 2010 Potential exists to invest in Malawi’s livestock industry. The most significant oppportunities are in cattle farming for meat products and milk production as well as other dairy produce.
Dubai outfit secures Angola hotel contract Published by Staff Writer on 29 August 2010 Depa Limited, a Dubai-based interior contracting company, announced that it has been awarded a major contract for both the interior fit-out and furniture, fixtures and equipment (FF&E) of a five star hotel and casino in Luanda, Angola.
Olam to set up new cocoa processing facility in Cote d’Ivoire Published by Claude Harding on 29 August 2010 Olam International has announced that it will invest US$43.5 million in Cote d’Ivoire to set up a cocoa processing facility in Abidjan.
Burundi making progress; challenges remain Published by Zack Baddorf on 29 August 2010 Burundi’s President Pierre Nkurunziza has been sworn into office for another term. He was re-elected in the country’s first presidential direct-vote election in late June, while the opposition boycotted the poll, claiming massive fraud and intimidation by the government in previous legislative and local-government elections.
SABMiller to double production in Southern Sudan Published by Staff Writer on 26 August 2010 SABMiller has announced that it is doubling the size of its existing brewery operations in Juba and has introduced a soft drinks range and bottled water product into the country.
Overview: Zimbabwe’s sugar industry Published by Nontando Sibanda on 26 August 2010 Nontando Sibanda, an analyst at Imara, looks at Zimbabwe’s sugar industry
Spar opens shop in Nigeria; Shoprite not fazed Published by Claude Harding on 25 August 2010 International retail network, Spar, has opened its first outlet in Nigeria according to a report in Business Day. Spar has partnered with Nigerian retail chain Park ‘n’ Shop, owned by the Artee Group.
Rwanda strives to move beyond the ghosts of the past Published by Imara Africa Securities team on 25 August 2010 Unfortunately best known for the brutal genocide that occurred between April and June 1994, Rwanda has slowly but surely dragged itself out of that dark past.
Bright spots in South African economy despite growth slowdown Published by Arthur Kamp on 25 August 2010 South Africa experienced a material slowdown in growth to 3.2% in the second quarter from 4.6% in the first quarter. Gross domestic product (GDP) excluding agriculture advanced just 2.7%.
