Investment - Afrik.com : Africa and Maghreb's news - The panafrican daily newspaper https://www.afrik-news.com/ Afrik.com, Africa's portal offers a daily online newspaper with information on what is going on in the world, culture, economics, sport, societies of 56 african countries. en Afrik-news.com : Africa news, Maghreb news - The african daily newspaper https://www.afrik-news.com/images/logo_moyen.gif https://www.afrik-news.com/ Southern African countries zero in on Gaddafi assets https://www.afrik-news.com/article19175.html Thu, 24 Mar 2011 18:04:48 +0100 Following South Africa's decision to freeze all Gaddafi's assets in accordance with UN Security Council resolution Zambia has sought clarification on whether the resolution would have any effect on massive investments undertaken by the embattled Libyan leader's regime in the southern African country. Zimbabwe has remained silent. Sakhile Modise Mozambique: Brazil and U.S. join in cooperative development program https://www.afrik-news.com/article19142.html Sat, 19 Mar 2011 12:33:11 +0100 An agricultural collaboration among the U.S. Agency for International Development, the Brazilian Cooperation Agency and the government of Mozambique is set to bolster the country's farm sector. Kathryn McConnell Ghana: Pure Home Water for the north https://www.afrik-news.com/article19100.html Fri, 11 Mar 2011 11:45:13 +0100 According to the World Health Organization, diseases associated with unsafe water claim the lives of about 2 million people worldwide every year, most of them children under the age of 5. But recently, low-tech ceramic water filters have been saving lives and making people healthier in Ghana. Kathryn McConnell Ethiopia: A double standard on land related issues https://www.afrik-news.com/article19059.html Thu, 03 Mar 2011 22:32:48 +0100 Ethiopia Agriculture Ministry, last month, rejected a petition to reconsider the lease of huge forestry lands to foreign companies. Whilst local environmentalists argue that the land lease would destroy large portions of forest lands and contribute to drought, officials from the Agriculture Ministry say otherwise. Desalegn Sisay Silence over Ethiopian land grab broken https://www.afrik-news.com/article18976.html Thu, 17 Feb 2011 14:36:16 +0100 A Saudi Arabian investor has broken the culture of silence surrounding a widely criticized farmland acquisition by foreign investors in Ethiopia, which had hitherto been met with considerable silence. The investor's comments come as his company, Saudi Star Agriculture Development Plc, awaits a decision from the Ethiopian Agriculture Ministry to expand his farmland from 10,000 hectares to 250,000 hectares. Desalegn Sisay Ethiopia: Meles Zenawi sends strong warning to chaotic businesses https://www.afrik-news.com/article18719.html Mon, 10 Jan 2011 19:44:00 +0100 Ethiopian policies have for the past two decades restricted foreign businesses from trading in the country's local market. Recently, Prime Minister Meles Zenawi admitted to the market's negative outcomes having been dictated by the wrong policies. Desalegn Sisay Ethiopia gets a US $27m Chinese leather factory https://www.afrik-news.com/article18486.html Thu, 25 Nov 2010 12:03:54 +0100 China-Africa Overseas Leather Products S.C. and China Africa Development Fund (CADFund) on Wednesday inaugurated a 27 million dollar factory in Ethiopia. The company has expressed its ambition to launch a second phase US $25 million investment project which, if successful, would significantly increase an initial target of 500 local job openings. Desalegn Sisay Zimbabwe: South Korean investment agreements "null and void" https://www.afrik-news.com/article18440.html Fri, 05 Nov 2010 16:34:59 +0100 Zimbabwe has in the last 18 months experienced countless investment conferences and international delegations primarily “to explore investment opportunities”. But recent investment agreements between Morgan Tsvangirai and South Korean investors have been declared "null and void" by Mugabe. Kabelo Marupi Africa's high return rate for the "frontier market investor" https://www.afrik-news.com/article18303.html Fri, 24 Sep 2010 12:13:12 +0200 Africa is the place to go for the “frontier market investor” who is seeking a new investment venue with a high rate of return, says Donald Elefson, portfolio manager for the Harding Loevner Frontier Emerging Markets Fund, which invests the largest amount of its multi-billion dollar fund — about 33 percent — in Africa. Charles W. Corey Ghana's protectionist and anti-business clampdown https://www.afrik-news.com/article18153.html Fri, 27 Aug 2010 10:40:04 +0200 Nigerian traders in Ghana claim the authorities are closing them down under a long-ignored 1994 law that demands a minimum investment of US$300,000. Ghana denies anyone is being targeted but the law itself is a barrier to trade, foreign investment and cheaper prices for Ghanaians: no wonder Ghana is falling down the rankings of good places to do business. Thompson Ayodele and Olusegun Sotola Air Arabia: Low-cost revolution in Middle East and North Africa https://www.afrik-news.com/article18085.html Mon, 09 Aug 2010 18:22:12 +0200 Air Arabia, the UAE carrier, has for the past seven years continued to gain more wind beneath its wings in the Middle Eastern, North African and European skies. A low-cost pioneer in the Middle East, Air Arabia has carried more than 11 million passengers since its inception, and has two hubs in Africa: Casablanca and Alexandria. Falila Gbadamassi IT Outsourcing: Africa, the new garden of Eden https://www.afrik-news.com/article18082.html Mon, 09 Aug 2010 11:25:39 +0200 A study conducted by AT Kearney has indicated that seven African countries are among the top 50 global outsourcing destinations for IT services, also known as offshoring. Egypt, Ghana, Mauritius, Tunisia, Morocco, South Africa and Senegal are among the preferred destinations. Christelle Gerand More expected of a unified Africa after World Cup https://www.afrik-news.com/article17979.html Tue, 20 Jul 2010 15:14:36 +0200 It has long been argued that, due to myriad socio-, political- and economic challenges, the true potential of African business has remained in the dark: unable to connect with the global economy in the way Western nations have succeeded. Matthew Buttell IFC Supports Better Investment Climate and Small Businesses Growth in Lesotho https://www.afrik-news.com/article17946.html Tue, 13 Jul 2010 18:50:11 +0200 IFC Vice President for Business Advisory Services, Rachel Kyte, said today that IFC is committed to supporting private sector development in Lesotho by backing the country's efforts to create a better investment climate and increase opportunities and access to finance for smaller businesses. IFC is a member of the World Bank Group. Nigeria: Huge foreign investments in Niger Delta after conflict resolution https://www.afrik-news.com/article17880.html Tue, 29 Jun 2010 11:57:11 +0200 Aviation, power supply and the development of infrastructure in Nigeria, all three previously run by the government, will henceforth be opened to private investors from within and outside the country, the Nigerian government has announced. Konye Obaji Ori