Africa one of the last frontiers for world’s biggest advertising company Published by Claude Harding on 8 February 2011 WPP, one of the world’s largest advertising firms, is actively pursuing opportunities on the African continent.
Southern Sudan’s independence confirmed Published by Staff Writer on 8 February 2011 Final election results show southern Sudan voted overwhelmingly to separate from the north, splitting Africa’s largest country in two.
Zimbabwe: Protesters threaten foreign owned businesses Published by Peta Thornycroft on 8 February 2011 Hundreds of supporters of President Robert Mugabe’s ZANU-PF party demonstrated against foreign owned businesses in central Harare on Monday and began looting small shops on the western edge of the city.
Mango targeting Nigerian women with high street fashion Published by Jaco Maritz on 7 February 2011 Spanish fashion retailer Mango aims to have a presences in each of Nigeria’s major cities.
Cipla to boost investment in Uganda Published by Staff Writer on 7 February 2011 Quality Chemicals Industries, a Ugandan pharmaceutical company partly owned by India’s Cipla, has announced it plans to invest $80 million in two separate expansion programmes over the next two years.
Making it in the male dominated trucking business Published by Regina Ekiru on 7 February 2011 Monica Matiri is the founder and director of Workmanship Production Limited, a Kenyan trucking company. Matiri spoke to Regina Ekiru on how she has made it in a male dominated field.
China to build hydroelectric dam in DRC Published by Staff Writer on 7 February 2011 China’s Sinohydro, the company behind the Three Gorges Dam, will build a hydroelectric dam in the Democratic Republic of Congo in a deal said to be worth $367 million.
Africa’s private sector confident about the future Published by Staff Writer on 6 February 2011 January results of the first pan-African Business Confidence Index indicate confidence and growth with an index of 63.88 and 61.33 for the manufacturing and non-manufacturing sectors respectively.
Virgin Active targets South Africa’s township market Published by Staff Writer on 6 February 2011 Virgin Active is targeting South Africa’s township market with a new gym in Soweto set to open at the end of July.
Zimbabwe to set up commodities exchange as agriculture activity intensifies Published by Imara Africa Securities team on 5 February 2011 It came as good news to us that Zimbabwe will be opening a commodities exchange known as Comez (Commodities Exchange of Zimbabwe).
Rwanda: Foreign companies show interest to invest in Kigali City Park Published by Staff Writer on 4 February 2011 Five companies, three foreign and two local, have indicated an interest to invest in the mega Kigali City Park.
Egypt ‘contagion’ unlikely in sub-Saharan Africa Published by Claude Harding on 4 February 2011 Though some Middle East and North Africa (MENA) equity markets fell at times by 20% or more following popular unrest in Tunisia and Egypt, there is a relatively low risk of ‘Egyptian contagion’.
African software developers making their mark Published by Jaco Maritz on 3 February 2011 Perceptions of Africa as a continent of poverty and despair are being challenged by the day. A global software development competition has received more entries from Africa than any other continent.
Nestlé to invest $70 million in South Africa Published by Staff Writer on 3 February 2011 Nestlé announced yesterday that it will invest R505 million (US$70 million) in South Africa.
