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Business

Feb 20, 2015
Agility...targets Africa for investment. Reuters Kuwait-listed logistics firm Agility plans to spend up to $100 million this year on its expansion plans, with Africa the main target of its investment,…
Feb 18, 2015
Lagos - The Tony Elumelu Foundation has announced the appointment of Professor Reid E. Whitlock as Chief Executive of the Foundation effective immediately. Professor Whitlock’s appointment follows Dr Wiebe Boer,…
Feb 17, 2015
UK private equity group Actis has plans to establish a $1.9 billion (ZAR23 billion) renewable power company in Africa. Named Lekela Power, the objective is to utilise the continent’s abundant…
Feb 15, 2015
Mr Zuma's government is under pressure to put more land in the hands of South Africa's black majority. Reuters Foreigners will be banned from owning land in South Africa under…
Feb 14, 2015
Largest perfect diamond with a classic emerald cut ever to be auctioned Type 11a stone is in the same class as the most valuable of all diamonds Predicted selling price…
Feb 13, 2015
THE Minister for Energy and Minerals, Mr George Simbachawene, has given greenlight for acquisition of TanzaniteOne Mining Limited by Sky Associates Group. State Mining Corporation (STAMICO) Acting Managing Director, Eng…
Feb 12, 2015
The diverse turnout of delegates at this year’s Investing in African Mining Indaba, held in Cape Town this week, was an indication of the appetite for mining in Africa from…
Feb 11, 2015
Despite the challenges faced by the mining industry in Africa, mining continues to be the most important channel for foreign investment for several countries on the continent. “Well-considered investment provides…
Feb 10, 2015
Investors in industrial commodities may need to batten down the hatches in the year ahead, while precious metals could show improved signs of growth over the next three years, says…
Feb 10, 2015
Across the world, football teams have become increasingly lucrative entities given the passionate support fans across the world have for the sport. As such, associations with these entities have become…
Feb 09, 2015
The management of Dangote Group has said that its focus is now to develop its multi-billion dollars new businesses to appreciable level this year to meet its completion timelines. The…
Feb 09, 2015
All eyes were firmly on Africa at the France-Africa forum, which ended on Friday. Business leaders and heads of state gathered in Paris to thrash out new ways of sharing…
Feb 07, 2015
Morocco have been banned from the next two African Nations Cups and fined $1m (£656,000) for pulling out of hosting this year’s competition, the Confederation of African Football has announced.…
Feb 06, 2015
Access Infra Africa is a new investment entity for developing clean, renewable energy in Africa. Below is an interview with Reda El Chaar, Chairman of Access Power MEA. 1. Press…
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