Archive In BusinessRead the latest news for Business in Africa

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  Energy

  Nigeria could produce four million barrels of oil per day (bpd). In a speech to an oil and gas conference in Abuja, Shell’s director for sub-Saharan Africa, Ian Craig, said Nigeria could produce four million barrels of oil per day (bpd) but that major changes would...
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  Media & Entertainment

  South Africa: New ad booking system ‘to curb media buyer fraud’. A proposed online booking system for community and small commercial media in South Africa would ensure state advertising spending reached that sector and curb fraudulent activities by media brokers… Click here to read more...
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  Retail & Manufacturing

  Nigeria, a big retail market for South Africa’s Shoprite. Nigeria has the potential to become as big a retail market for South Africa’s Shoprite as its home base, the head of the supermarket chain said on Tuesday, playing down concerns of rising poverty in...
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  General

  A Disapora Tale: Experiencing Nigeria on the verge of a new era.  Africa is rising, and for the first time in decades this huge continent with unparalleled natural and human resources is on the cusp of unprecedented growth.” By Claudine Moore I knew from an early age…that while I was Black...
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  Stocks & Bonds

  Ethiopia: Government to Allow Share Companies Offer Bonds to Public. A new bill is in the making, aiming at regulating the functions and accountabilities of share companies.
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  Real Estate

  Ethiopian’s Deal with BET Architects for HQ Finally Takes Wing. The management of Ethiopian Airlines has finally inked a deal with BET Architects Plc, and its foreign partner Soehene Partners Architects, for the supervision work of its headquarters planned inside Bole International Airport.
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  General

  Quotes on doing business in Africa. In case you missed it➥➥ 10 inspiring quotes from leading business people, entrepreneurs and thinkers as featured on How We Made It In Africa:   On building sustainable businesses “It doesn’t make sense to want...
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  Retail & Manufacturing

  Massmart targets new retail market. MASSMART hopes to grow its food retail business from about R7bn to about R20bn over the next five years, CEO Grant Pattison said on Wednesday.
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  Advisor Network

  Rising demand for FG bonds brightens deficit funding. NIGERIA: Monumental increase in investors’ demand for government securities like Treasury Bills (TBs) and sovereign bonds has enhanced government’s capacity to fund its expected budget deficit of 2.97 percent or N1.105 trillion in the 2012...
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  Logistics & Transportation

  Tanzania plans a railway line to reach South Sudan. Tanzania, Uganda, Burundi and Rwanda have reached a formal agreement to construct a multi-billion dollar railway network, which would also serve South Sudan and tap into the bloc’s growing trade.