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Mar 29, 2016
A state visit this past weekend to Saudi Arabia will ensure continued private sector investment in South Africa's renewable energy and petrochemical sectors, banking and finance and tourism infrastructure, the…
Mar 24, 2016
Zimbabwe's government will on April 1 shut down foreign-owned companies that have not complied with its empowerment laws which demand that they sell their shares to locals, youth and empowerment…
Mar 23, 2016
Nigeria’s Department of Petroleum Resources (DPR) has issued 21 licences to investors to establish new refineries in the country. According to a statement by the DPR, 25 private refinery licences…
Mar 21, 2016
Nigeria is set to ramp up the amount of crude oil it swaps for vital petrol imports by more than a third as it grapples with the worst economic crisis…
Mar 19, 2016
Nigeria's business magnate and Africa's wealthiest man Aliko Dangote is considering investing in Madagascar. Madagascar, the world's fourth largest island, is located in the Indian Ocean 250 miles off the…
Mar 18, 2016
Aliko Dangote, Africa’s richest man, has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited. Aliko Dangote Nasir El-Rufai, the Governor of Nigeria’s Kaduna state,…
Mar 17, 2016
Dangote Group, owned by Africa’s richest man Aliko Dangote, opened a tomato-processing factory near Nigeria’s northern city of Kano aimed at vying for the local market with imports from China.…
Mar 16, 2016
As part of our 3rd annual Africa Wealth Report, we ranked African countries by average wealth per person (wealth per capita). As reflected, people living in Mauritius are the wealthiest…
Mar 15, 2016
Nigerians have reacted angrily to the proposed communications service tax describing it as another way of exploiting the struggling consumers. Nigeria Communications Week had earlier this month reported that communication…
Mar 10, 2016
Barclays Africa Group Limited said there’s no lack of interest from buyers seeking a stake in South Africa’s third-largest lender as Barclays Plc prepares to reduce its 62.3 percent holding…
Mar 10, 2016
Beverages manufacturer, Mutare Bottling Company (MBC) which is part of the Coca-Cola system in Zimbabwe, says it has started importing sugar from Malawi to mitigate against expected shortages in the…
Mar 07, 2016
Dangote Group, the company owned by Africa’s richest man, Aliko Dangote, has said that there are plans to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned…
Mar 07, 2016
South Africa’s petro-chemical giant, SASOL has confirmed it will be investing over $1 billion in the exploitation of light oil for gas and energy production in Inhassoro district of the…
Mar 03, 2016
The launch of Nielsen’s second Africa Prospects Indicators (APi) report has given existing and potential investors an unprecedented and even deeper comparative view of the country opportunities across the continent,…
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