Nigeria stock market up 20% in 2010 Published by Staff Writer on 29 April 2010 Nigeria’s stock market is up more than 20% this year on stronger-than-expected corporate earnings and renewed foreign investment.
Nigerian banks allowed to accept banking shares as collateral Published by Staff Writer on 28 April 2010 The Central Bank of Nigeria has stated that the country’s banks are allowed to accept banking shares as collateral for lending.
South African miner looking to hit gold in Zimbabwe Published by Staff Writer on 27 April 2010 South Africa-based gold mining company, DRDGold, has announced it will start with exploration activities in Zimbabwe.
Electric car to be manufactured in Ethiopia Published by Staff Writer on 22 April 2010 An Italian-Chinese business venture is opening a factory in Ethiopia to produce a practical and affordable electric car in one of the world’s poorest countries.
East African Breweries acquires rights for Windhoek Lager Published by Staff Writer on 22 April 2010 Kenya-based East African Breweries Limited (EABL) has acquired the distribution and marketing rights for the Namibian-brewed premium beer, Windhoek Lager.
Sanlam enters Ugandan market Published by Staff Writer on 22 April 2010 South African financial services group, Sanlam, yesterday launched a life insurance business in Uganda, a country it believes has excellent growth potential.
Country overview: Central African Republic Published by Staff Writer on 21 April 2010 According to the Doing Business 2010 report, the Central African Republic ranks 183 out of the 183 countries included in the rankings, making it one of the most difficult places in the world to do business.
Mining company removes salt from seawater in Namibia Published by Staff Writer on 21 April 2010 French mining and energy company, Areva, last week inaugurated Namibia’s first seawater desalination plant.
Starwood to inject $176 million into Nigeria hotels Published by Staff Writer on 20 April 2010 The Starwood Hotel Group, managers of the Sheraton and Le Méridien brands, has announced it will invest N26.6 billion (US$176 million) in Nigeria’s hospitality industry over the next two years.
Tanzania export processing zone attracting interest from foreign investors Published by Staff Writer on 20 April 2010 The Kamal Group, a private firm, has announced it will spend US$300 million to establish an export processing zone in Tanzania.
Planned Angolan stock exchange a potential African giant Published by Staff Writer on 19 April 2010 An Angolan stock exchange – predicted for launch later in the year – will have the makings of an African giant, according to an in-depth assessment by the pan-African Imara financial services group.
With which countries does Zambia have double taxation agreements? Published by Staff Writer on 19 April 2010 Some taxpayers find themselves liable to tax in more than one country or territory in respect of the same income.
Kenyan company buys DRC power cable firm Published by Staff Writer on 16 April 2010 Kenyan investment company, TransCentury, has bought a power cable firm in the Democratic Republic of Congo.
Mobile banking a big success in Kenya Published by Staff Writer on 15 April 2010 Since it was launched barely three years ago, mobile banking has had a significant impact on day-to-day life in Kenya.
