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Business

May 09, 2016
Africa’s attractiveness as an investment destination was again highlighted during the recent official opening of the third African office of Dubai Chamber of Commerce and Industry (Dubai Chamber) in Maputo,…
May 07, 2016
Some industrialists, particularly those badly hit by Nigeria’s trade restrictions, seem to think Ghana must come up with its own ‘prohibition list’ and refuse certain goods entry giving the excuse…
May 04, 2016
Kenya on Tuesday urged African governments to set up independent investment portals to enhance interaction with foreigners seeking to launch operations within their countries. Kenya Investment Authority Managing Director, Dr…
May 03, 2016
A new Nestlé Waters joint venture with the owners of an Ethiopian bottled water brand will support sustainable economic growth in the country and meet rising local demand for bottled…
Apr 30, 2016
The international brewer, Heineken, has promised to increase the quota of its locally sourced production materials. Heineken is a part owner of the Sierra Leone Brewery, which is the leading…
Apr 27, 2016
South African supermarket operator Pick n Pay plans to expand into Nigeria next year through a partnership with a local conglomerate, as it seeks to reduce its reliance on its…
Apr 27, 2016
The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Mr. Babs Omotowa, has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG). Nigerian LNG Cargo Bound…
Apr 24, 2016
Mozambique and South African companies interested in building a gas pipeline from the Rovuma Basin in the far north of Mozambique to South Africa’s Gauteng province began discussions to unveil…
Apr 20, 2016
Nigeria's state oil firm NNPC has launched bidding to find partners to overhaul its ailing refineries, it said in a tender published on Tuesday. Africa's top oil producer has been…
Apr 14, 2016
Leading manufacturer of steel products in Ghana, Sentuo Steel of China, has said it plans to open an $80 million ceramic tiles factory in the country by December 2017. The…
Apr 13, 2016
Zimbabwean President Robert Mugabe moved to clarify the government's plan to enforce its controversial black ownership law, suggesting that the implementation would be reasonable and sector-based, in a move to…
Apr 12, 2016
The Dangote Group has started constructing a one billion dollars cement factory in Okpella in Edo State in south-western Nigeria to expand its cement production in Nigeria. The six million…
Apr 07, 2016
Algerian billionaire Issad Rebrab, the country’s wealthiest entrepreneur, has bought the El Khabar media group for around $45 million, the group said Monday. Issad Rebrab, boss of Cevital, the first…
Apr 06, 2016
The Enugu Chamber of Commerce, Industry, Mines and Power (ECCIMA),has commended Dangote Group for African industrialisation. Dangote Group’s giant strides in establishing cement plants across Africa has attracted commendation of…
  1. Opinions and Analysis

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