Skip to content
Archive In BusinessRead the latest news for Business in Africa
-
Energy
$68m Energy Project Gives 50,000 Rwandan Households First Taste of Electricity.
The Eastern Province of Rwanda has seen 50,000 of its households connected to the national electric grid for the first time following the successful implementation of a four year $68 million energy project by the...
-
Energy
India, Mozambique Enter New Oil Deal.
government for an oil and gas deal between the Asian powerhouse and Mozambique that will synergize both countries in upstream and downstream activities while also encouraging and promoting trade, investment and technological transfers.
-
Advisor Network
Sub-Saharan Africa Manufacturing: Where To Build A Factory?
Sub-Saharan Africa is ‘on the rise’. There are growing GDPs and an emerging middle class. Sub-Saharan Africans are buying more and exciting investors in the consumer good space from all corners of the globe.
-
Retail & Manufacturing
Dangote Offers Nigerians Lowest Cement Price Since 2005.
Africa’s largest cement producer, Dangote Cement Plc has slashed local cement prices to N1,000 ($6) and N1,150 ($7), for different grades.
-
Telecommunication
IHS Secures $2.6bn Capital To Further Tower Acquisitions.
IHS Nigeria, Africa’s biggest independent phone-tower operator, revealed recently that it has raised $2.6 billion in equity and debt to finance more acquisition of towers, following successful purchases of MTN and Etisalat towers.
-
M & A
Abraaj Set To Complete Takeover Of Egypt’s Bisco Misr.
Abraaj Investment Management, a leading international private equity investor, has made a formal offer of 850 million Egyptian pounds (US$118.88 million) for the complete acquisition of Egypt’s sweet snack maker, Bisco Misr.
-
Energy
Kenyan Cement Maker To Build $19m Coal Power Plant.
Kenya’s National Cement, a member of the Devki Group of Companies plans to build a Sh1.7 billion ($19 million) coal-fired power plant to feed its clinker manufacturing and limestone mining operation in Kajiado, 80 kilometres south of...
-
Pharma & Healthcare
CAF Maintains January Date, Gives Morocco New Deadline.
In the last few weeks, AFCON 2015 has come into the focus as hosts Morocco have requested the postponement of the event in light of the outbreak of the deadly Ebola virus.
-
General
Discovering Africa With Fashion Designer Afua Sam.
Africa is home to numerous beauties and wonders centuries old and encapsulating a divine heritage and history in its landscape. Journeying through the continents cardinal points immerses you in its majestic wonder.
-
Energy
Angola’s National Oil Firm Diversifies Into Banking Sector.
tentacles to the banking sector. This was confirmed when it injected a US$252 million capital into local bank Banco Económico, SA (BESA).