Investment - Page 3
Highest return on investment recorded by Africa
Africa received record foreign direct investment (FDI) inflows of US$ 53 billion in 2007, according to this year's World Investment Report of the UN...
Rwanda President seeks more investments from multinationals
During the launch of the Business Call to Action, President Paul Kagame called upon multinational corporations to invest in Africa and other developing countries...
Tanzania lags behind in foreign investment
Recent economic reports show that Tanzania lags behind neighbours Kenya, Democratic Republic of Congo, Zambia and also Madagascar in its ability to attract foreign...
Fears of further unemployment cautioned in Botswana
Speaking at a workshop on decent work, Professor Happy Siphambe of the University of Botswana has suggested that to create employment in Botswana will...
Ghana is West Africa’s finest
In spite of its slow proceedings and slow execution of development in last years polls, the World Bank & International Finance Consortium (IFC) viewpoint...
Chancellor Merkel encourages more German investments in Ghana
German Chancellor Angela Merkel has pledged her country's resolve to deepen economic relations and ensure continued development support to Ghana.
"Ghana is on a promising...
Kenya’s largest retail chain goes continental
Kenya's largest retail chain, Nakumatt Supermarket, said Monday it had opened a new branch in Rwanda, in a move that boosts bilateral trade relations...
Ghana – Nigeria investment collaboration could result in region’s economic boom
West African neighbours Ghana and Nigeria are to hold a business summit in October to facilitate bilateral trade relations between them.
The private sector initiative...
Telecommunications gaint moves from Holland to Kenya
Zain International, one of Africa's leading mobile phone service providers, has moved its Africa regional headquarters to Nairobi, the Kenyan capital.
Zain, formerly Celtel, is...
Odinga in the UK to promote investments in Kenya
Kenyan Prime Minister Raila Odinga leaves for the United Kingdom (UK) Monday, heading a high-powered government and private-sector delegation that will spell out the...
China and India score high mark in African investments
China, India, and a few Middle Eastern Gulf nations are financing a record number of projects across Sub-Saharan Africa, says a new World Bank...
Russian company, Inteco, embarks on a one billion euro project in Morocco
Inteco, the real estate subsidiary of the Russian gas company Gazprom, has announced its intention to invest nearly one billion euros in real estate...
AREVA makes investment history in Namibia
A French state owned energy company, AREVA announced this week that it is injecting a whooping US$750 million into a uranium mine in ...
Mauritius benefits from heavy Chinese investment programme in Africa
Mauritius Finance Minister, Rama Sithanen, has said the plan by the Chinese group ''Tianli'' to invest US$750 million on the Island will transform it...
Ghana : Russia invests $1bn in oil exploration
One of Russia's leading oil companies, LukOil Overseas Holding Limited, announced on Tuesday a US$100 million investment to support Ghana's efforts to improve on...
Africa’s economic growth continues upward trend
Africa's economic growth, estimated at 5.7 percent in 2007, is expected to continue at a slightly higher level of about 5.9 % over the...
New insurance cover to help Africa compensate investors
Africa's prospective investors will be guaranteed compensations for any losses they incur as a result of political instability in the continent, following a favourable...
Mozambique : Macau and Portugal invest in banking
A new Mozambican bank with capital from China's special Administrative Region of Macau, as well as from Portugal and Mozambique, will open later this...
Kenya mobile phone company Celtel embarks on social investment
Celtel Kenya, one of the country's mobile telephone service providers Tuesday launched a 1 million shilling programme to upgrade facilities at a special educational...
The safety of African investments and high return rates
Africa is becoming an increasingly 'sticky' in vestment destination for international investors, who no longer cut and run due to local difficulties or when...
Nigerians to pay less for higher electricity bills until…
Nigeria's President Umaru Yar'Adua has approved a new tariff for electricity consumption in the country with effect from 1 July 2008, but the government...
A new environmental plan in Kenya
The Kenya Ministry of Environment and Mineral Resources is developing a National Environmental Policy aimed at strengthening existing development strategies and sectoral policies for...
Algeria shows interest in Gulf investments
The Algerian president, Abdelaziz Bouteflika, during his visit to Kuwai and Qatar showed his country's ambition to attract Qatari and Kuwaiti investments to boost...
France to tackle African economic problems in a Paris meeting
Paris will on 24 April host a symposium to discuss the pr oblems of the African private sector, official sources told panapress on Tuesday.
The...
Making Africa more investor-friendly
African countries have been told to speed up the process of economic reforms in order to attract more investors into the continent and create...
Nigeria Bourse : Investors stake N11.2b on 639.4m shares
Investors at the Nigerian Stock Exchange (NSE) Monday staked 11.2 billion naira on 636.4 million shares traded in 19,003 deals.
Market capitalization also opened with...
Fourth uranium firm to list on Namibian bourse
Australian uranium firm, Paladin Energy Ltd., which operates in Namibia and Malawi, said Monday it would dual list on the Namibia Stock Exchange (NSX)...
Water for all: Different approaches to common challenges
Until six years ago, Eugenia Uwamahoro had to trek 2 kilometres each day to a river to get water for drinking, cooking, washing and...
Africa: Another Gold Rush
It was in a Parisian metro (subway / tube) that I eavesdropped on a conversation between a group of young interracial men... The South...