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...
IFC Supports Better Investment Climate and Small Businesses Growth in Lesotho
IFC Vice President for Business Advisory Services, Rachel Kyte, said today that IFC is committed to supporting private sector development in Lesotho by backing...
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...
Partnership key to unlocking Africa’s immense growth potential
"Africa urgently needs to build partnerships at local, bilateral and international level to help overcome the many obstacles faced by African nations
"One of Africa's...
Innovation in Uganda: Professional Development that Makes a Difference
Social enterprise, PEPAL, in collaboration with LSE, brings its Innovation Programme to sub-Saharan Africa. Professionals from across the globe will be paired with partners...
Department of Public Works Gets Behind South Africa’s Green Building Movement
Despite its young age, there are many indicators that the South African market for green buildings is poised for rapid growth. The sustained development...
Uganda: 3rd East African Investment Conference
The 3rd East African Investment Conference was held at the Commonwealth Speke Resort, Munyonyo from 27th - 30th April 2010 under the theme "EAC...
Midea of China to Acquire Stake in Carrier Corporation’s Air-Conditioning Operations in Egypt
GD Midea Holding Co. Ltd. has signed an agreement to acquire a 32.5 percent stake in Misr Air Conditioning Manufacturing Company (Miraco). Midea is...
AGOA’s Architects Unveil New Africa Economic Policy for Obama Administration
Ten years after passage of the African Growth and Opportunity Act (AGOA), a coalition of its original architects and supporters today unveiled a comprehensive...
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...
East African Community: Clarification on the use of the East African passport
Following a Media Conference two weeks ago, which the Secretary General of the East African Community had held in Arusha to announce and promote...
Egypt:IFC, IBM, Bank of Alexandria Partner to Strengthen Egypt’s Small and Medium Enterprises
IFC, a member of the World Bank Group, and Egypt's Bank of Alexandria today signed an agreement to help small and medium enterprises (SMEs)...
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...
IBM and Tanzanian Government Sign Collaboration Agreement
IBM (NYSE:IBM) has signed a collaboration agreement with the Tanzanian government aimed at supporting the adoption of information technologies and Tanzania's development in key...
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...