Investment
Southern African countries zero in on Gaddafi assets
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...
Mozambique: Brazil and U.S. join in cooperative development program
Mozambique has lots of fertile land and access to the region’s major rivers. Yet the country imports most of its food, much of it...
Ghana: Pure Home Water for the north
According to the World Health Organization, diseases associated with unsafe water claim the lives of about 2 million people worldwide every year, most of...
Ethiopia: A double standard on land related issues
Ethiopia Agriculture Ministry, last month, rejected a petition to reconsider the lease of huge forestry lands to foreign companies. Whilst local environmentalists argue that...
Silence over Ethiopian land grab broken
A Saudi Arabian investor has broken the culture of silence surrounding a widely criticized farmland acquisition by foreign investors in Ethiopia, which had hitherto...
Ethiopia: Meles Zenawi sends strong warning to chaotic businesses
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...
Ethiopia gets a US $27m Chinese leather factory
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...
Zimbabwe: South Korean investment agreements “null and void”
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...
Africa’s high return rate for the “frontier market investor”
Africa is the place to go for the “frontier market investor” who is seeking a new investment venue with a high rate of return,...
Ghana’s protectionist and anti-business clampdown
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...
Air Arabia: Low-cost revolution in Middle East and North Africa
Air Arabia, the UAE carrier, has for the past seven years continued to gain more wind beneath its wings in the Middle Eastern, North...
IT Outsourcing: Africa, the new garden of Eden
A study conducted by AT Kearney has indicated that seven African countries are among the top 50 global outsourcing destinations for IT services, also...
More expected of a unified Africa after World Cup
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...
Nigeria: Huge foreign investments in Niger Delta after conflict resolution
Aviation, power supply and the development of infrastructure in Nigeria, all three previously run by the government, will henceforth be opened to private investors...
African economies have “passed stress test”
African economies have shown resilience in the face of global financial adversities, have passed the stress test and can be expected to achieve economic...
Ethiopia: German biofuel company fails as employees abscond with assets
Ethiopian Ministry of Mines and Energy has announced the failure of the German-based Flora EcoPower, the largest biofuel farm and Refinery Company in Ethiopia.
An...
Ethiopia: Chinese fund to embark on multi billion dollar investment
China Africa Development Fund (CADFund), which officially opened its Addis Ababa Representative Office a week a go, is considering investing in three projects in...
Ethiopia: Trade and Industry Ministry sound concerns over foreign investments
Ethiopia has sounded its concern over foreign investors’ failure to actualize their investment projects, a Trade and Industry Ministry report sent to the country's...
South Africa: British minining investments threat over racial tensions
South Africa could lose out in mining investments if the simmering racial tensions between its white and black populations spiral out of control, industrial...
Shell East African exit attracts Asian and North African firms
An announcement by Royal Dutch Shell PLC, the number one oil company in Europe, and a parent group of Shell Uganda, that it was...
Ethiopia: Egyptian bank begins feasibility studies in Afar region
The Government of Ethiopia has approved the lease of 22,000 hectares of land to the National Bank of Egypt (NBE), which intends to invest...
Zimbabwe: French oil group Total victim of Black empowerment regulation?
Total (Zimbabwe), a French registered oil company is being investigated for allegedly refusing to sell some of its expansive asserts to black businesspeople in...
Ghana seeks to diversify Nigerian foreign investments
Nigeria has recently emerged as Ghana’s biggest economic partner, contributing to over 60 per cent of Ghana’s foreign investment. But the Ghanaian government has...
Ethiopia: Diaspora investment bond enhances economy
Investment in their home countries by migrants from Africa is contributing to economic growth on the continent. This business development has caught the attention...
Ethiopian Airlines set to upgrade training academy with French assistance
The French Development Bank (Agence Francaise de Developement -- AFD) has agreed to issue a loan of up to 30 million euros to the...
Kenya: Political risks could kill inspiring local investment models
Across the continent, Africans are saving and investing more of their own money but you won’t find them at the bank. According to the...
World Bank’s 2010 doing business index: Ghana can do better!
Ghana sadly slipped five places from (the 87th position to 92nd, losing 5 places) in the World Bank’s 2010 doing business index. The index...
Rwanda makes an impressive jump in World Bank ‘doing business’ rankings
Rwanda has emerged as the top reformer in building a secure business environment in the World Bank’s ‘Doing Business 2010’ report, officially unveiled at...
Africa becomes the world’s food basket at what cost?
With increasing food price crisis, western and eastern countries short of arable land, such as Canada, China, Saudi Arabia, South Korea and Kuwait, have...
African gov’ts doling out land to investors for free?
African countries are giving away vast tracts of farmland to other countries and investors almost for free, with the only benefits consisting of vague...