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South Sudan counting on funding from the Arab world

Published by Staff Writer on 6 July 2011

As South Sudan prepares for its independence celebrations on Saturday, Africa’s newest country is seeking funding from the Arab world for new development projects.

Mickael Ghossein

Interview: Orange chief talks about the state of Kenyan telecoms

Published by Regina Ekiru on 5 July 2011

Telkom Kenya (operator of the Orange brand) CEO Mickael Ghossein speaks to Regina Ekiru about the state of the industry, challenges and the way forward.

US retailer Gap confident about North African market

Published by Claude Harding on 4 July 2011

Despite the recent political turmoil experienced in North Africa, US-based clothing retailer Gap Inc. last week announced that it will enter the continent by opening stores Egypt and Morocco.

Nigeria: MTN to give millions access to financial services

Published by Staff Writer on 4 July 2011

Nigeria’s largest mobile telecoms operator MTN has announced that it will launch mobile money services in August.

An artist's impression of the new building.

Lusaka skyscraper to be evidence of Zambia’s new prosperity

Published by Claude Harding on 4 July 2011

Zambia’s tallest building, the burnt-out Society House tower in Lusaka, is to be redeveloped at a cost of US$100 million.

Eric Kinoti

Think big, start small and start now, says Kenyan entrepreneur

Published by Regina Ekiru on 4 July 2011

Eric Kinoti is the 27-year-old founder and managing director of Shade Systems East Africa. He talks to Regina Ekiru about his journey from cashier to successful businessman.

Lewis Booth, CFO of Ford Motor Co.

China, India more attractive than Africa, says Ford boss

Published by Imara Africa Securities team on 1 July 2011

According to Lewis Booth, the CFO of U.S. car maker Ford Motor Co, Africa may be growing quickly, but still offers fewer opportunities than more robust emerging markets such as China and India.

Walmart kicks off South African advertising campaign

Published by Staff Writer on 29 June 2011

During the past weekend, South Africans got their first taste of the Walmart brand.

Pam Golding chief shares his thoughts on Africa’s real estate market

Published by Jaco Maritz on 29 June 2011

How we made it in Africa interviews Dr Andrew Golding, chief executive of South African real estate agency Pam Golding.

Investment case for Africa now stronger than ever, says Ecobank

Published by Femi Adewunmi on 29 June 2011

“Direct foreign investment in the continent is forecast to reach US$150 billion by 2015.”

Many foreign companies are running their African operations from Kenya's capital Nairobi.

Africa’s top countries for investment identified

Published by Claude Harding on 28 June 2011

South Africa, Nigeria and Kenya are Africa’s best investment destinations for 2011, according to the Dutch-based organisation Africa Business Panel.

The investment in the Northern Coffee Corporation is expected to lift the morale of Zambia's coffee farmers.

Better times ahead for Zambian coffee industry

Published by Maimbolwa Mulikelela on 28 June 2011

“People will never stop drinking coffee because they need it, even when in sorrow, as we saw during the last world recession.”

Pick n Pay says local farmers will benefit from its entry into Mozambique

Published by Claude Harding on 27 June 2011

South African supermarket group Pick n Pay plans to support local farmers in Mozambique, where it recently opened its first store.

Eight Zimbabwean banks in unhealthy positions

Published by Staff Writer on 26 June 2011

The Zimbabwe Independent reports that eight of the country’s banks are struggling due to the depressed economy.

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