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Mar 21,
2018
Uganda has sent a strong delegation to Kigali where African leaders will formally launch the African Continental Free Trade Area Treaty on Wednesday, but the country is reconsidering its full…
Mar 19,
2018
When Eritrea gained its independence from Ethiopia in 1993, Ethiopia became landlocked and therefore dependent on its neighbours – especially Djibouti – for access to international markets. This dependency has…
Mar 18,
2018
Seven firms have submitted bids to buy a majority stake in Zambia’s sole 24,000 barrel per day Indeni Petroleum Refinery, an executive at the agency handling the bidding said on…
Mar 13,
2018
Kinshasa, the capital of the Democratic Republic of the Congo (DRC), is home to 10 million people. With an estimated 400 markets and over 1 million traders, markets are an…
Mar 10,
2018
A fresh wave of competition is imminent in Nigeria’s pay television (pay TV) industry. Courtesy of the introduction of ‘pay-per-day’ or ‘pay-as-you-watch’ offer by StarTimes, a relatively new entrant into…
Mar 07,
2018
South Africa’s insurer MMI Holdings reported a 2.6 percent fall in half-year earnings on Wednesday and said it would start buying back some of its shares instead of paying dividends.…
Mar 04,
2018
While a number of Turkish businesses have expressed desire to enter the West Africa market, they see elaborate procedures involved in doing business in the sub-region as a major disincentive…
Feb 26,
2018
South Africa’s Bidvest Group on Monday named Mark Steyn, the financial head of its freight business, as the next group chief financial officer after the trading, services and distribution firm…
Feb 26,
2018
The ECOWAS Commission has signed a trade and investment cooperation agreement with the Republic of Turkey as part of efforts to deepen economic cooperation between members of the Sub-regional body…
Feb 19,
2018
South Africa’s rand steadied against the dollar in early trade on Monday, holding near a three-year high touched on Friday after President Cyril Ramaphosa said tough decisions would be made…
Feb 17,
2018
Dangote Cement Plc, owned by Africa’s richest man, has revived plans for a share sale in London that could raise about $1 billion, according to people familiar with the matter.…
Feb 02,
2018
Global e-commerce and m-commerce giant, Mall for the Africa has announced its expansion into 11 new countries in Africa. In response to increased demand for its patented platform, the app…
Feb 02,
2018
South African cement maker PPC Ltd said on Friday group revenue improved in the nine months to December 31 despite a lag in its home market. “The lack of large…
Jan 31,
2018
Consumer confidence in South Africa improved slightly in the fourth quarter, reflecting stronger-than-expected economic growth in previous quarters, a survey showed on Wednesday. The consumer confidence index, sponsored by First…
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