Archive In BusinessRead the latest news for Business in Africa

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  Markets

  Will Kenya become one of the continent’s top mining countries? Next year Kenya is to receive its first large-scale mining project since independence – the Kwale mineral sands project.
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  Ventures Quotes

  “If Africa is to be the next economic frontier…” Jacob Zuma. If Africa is to be the next economic frontier as all predictions indicate, it is up to us to ensure that we play a pivotal role in the economic future of our own continent…What is...
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  General

  “It is not when government takes over business that the market open up to private investors”. “The truth is that we are entrepreneurs in Nigeria; we are a free enterprise people. We are people who can create wealth…” Mr. Wale Oluwo BGL Securities Limited, Nigeria.
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  Media & Entertainment

  Africa’s Broadcast Boom Offers Huge Market to Investors. The African broadcasting market has been growing rapidly. New players have sprung up in liberalised markets and there is growing international interest from external investors.
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  Energy

  Scramble for Africa’s gas fields takes off. Gas discoveries in Africa have attracted the attention of the international energy sector. Now energy resources in Africa will come under discussion at the fourth annual Africa Energy Indaba, which starts today in Johannesburg.
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  Retail & Manufacturing

  Shoprite reports 18,6% increase in first-half profit. Shoprite, Africa’s biggest food retailer, reported an 18,6% rise in first-half profit on Tuesday, helped by higher prices, a favourable exchange rate and above-inflation wage increases for consumers in South Africa, its main market.
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  Pharma & Healthcare

  South Africa: Competition Vital to Private Healthcare. Kevin Aron, MD of Medscheme, South Africa’s second largest medical aid group,  has warned that private hospital costs were unsustainable.
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  Ventures Quotes

  “Africa’s profitability is one of the best kept secrets…”. Africa’s profitability is one of the best kept secrets in today’s world economy.’ — Kofi Annan, former UN Secretary-General.
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  Commodities & Currencies

  13 Reasons to Invest in Africa. First published in 2010, here are reasons why Larry Seruma, chief investment officer of Nile Capital Management, thinks investing in Africa is a good step forward: 1.
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  General

  Potential profits are higher in Somaliland than London. Mohammed Yusef,  the founder of Invicta Capital Ltd, says potential profits are higher in Somaliland than London.