Investment - Page 2
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...
EAC steps up preparations for 3rd EAC investment conference / World Bank to launch report on doing business in the EAC at Conference
The East African Community Secretariat has stepped up preparations for the 3rd EAC Investment Conference confirming the date and theme for the event due...
$18bn African Investment – but can the Middle East take the call?
Since 2001, Investment into the African telecommunications sector has hit $18bn, however Africa has missed many opportunities to deploy cable infrastructure to the same...
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...
Survey on Young People in Egypt 2009
Young people are a national priority and the future investment of the country, however despite their importance, there is a dearth of data on...
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...
Frost & Sullivan: Economic Growth Energises Mozambique’s Electricity Industry
Due to poor planning, decades of under-investment and deteriorating infrastructure, the provision of electricity in Mozambique has been deficient. However, outstanding economic growth and...
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...
Ethiopian WB country director pledges $35B for Africa
World Bank is set to triple its reconstruction and development lending geared towards developing countries to mitigate the harsh impact of the global economic...
Madagascar: Rajoelina cancels heavy investment deal
South Korea’s project to transform Madagascar into its breadbasket, branded by some as neo-colonial, came to an abrupt end on Wednesday when the Indian...
3rd Wave of global crisis threatens African growth
Economic growth in sub-Saharan Africa is set to halve from the average of the past decade to just over 3 per cent in 2009...
Global crisis: African “Fear” and Western doublespeak
In late September, just as the Wall Street crash began spreading worldwide, African leaders used a high-level meeting of the UN’s General Assembly to...
Nigerian oil investors switch to panic-mode
Potential investors in the Nigerian Oil sector have been left in panic-mode, questioning the Nigerian Oil sector, following the recent cancellation of the exploration...
IMF-Paris Club want DRC to alter China deal as they lend
Western donors will begin releasing over $200m (€156m, £139m) of emergency loans to the Democratic Republic of Congo in the next three weeks to...
Ambitious Moroccan project to create 220,000 jobs
A public-private agreement, National Pact for Industrial Emergence, aimed at a capacity building project, was signed signed last week at the historic city of...
Swaziland: Soon to become a no man’s country
A quarter of Swaziland's workforce is absent from work because of HIV/AIDS, says a report by the International Monetary Fund. The disease in Swaziland,...
China consolidates economic partnership with Africa
China is aiming to prove to the world that countries could invest in Africa, engage in transactions and do business without a bias to...
World Economic Forum: Africa had nothing to do with the sub-prime crisis
The serious threat to African economies posed by the global financial crisis is an emerging theme at the World Economic Forum. Politicians and economists...
US man’s Sudan land buy Rhodes’ Zimbabwe revisited?
Land is not in short supply in south Sudan, where Philippe Heilberg, a US businessman, has laid claim to 4,000 sq km of fertile...
Nigerian bourse scores high marks
Some visiting foreign investors, including top flight fund managers from South Africa, United States and the United Kingdom, have expressed their confidence in the...
CNN to blame for panick-selling and heavy losses
With fears of a financial meltdown still streaming in Uganda, investors have sold their shares costing the local stock market about Shs114 billion in...
USA to Invest millions in Liberia
In a bid to promote investment in Liberia, create jobs and provide affordable housing, the Robert Johnson Group of Companies and the Overseas Private...
AIG in Africa stronger than ever
The growth prospects of the American Insurance Group (AI G), which went through turbulent times and was bailed by the US government, looks stronger...
Africa gets $125m in risk capital investments
The GroFin Africa fund has agreed to invest its newly realised $125m in risk capital investments and other business support to five African countries,...