Archive In BusinessRead the latest news for Business in Africa

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  Logistics & Transportation

  Ethiopia Customs Authority Embrace Electronic Cargo Tracking. The Ethiopian Revenues & Customs Authority (ERCA) is to deploy an electronic cargo tracking system (ECTS) on the 887km Addis Abeba to Djibouti corridor in two weeks, hoping to track and monitor transit goods.
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  Energy

  Uganda Attracts $3 Billion (USD) in Oil Investments. Uganda’s “oil rush” has attracted an estimated $3 billion in exploration investments since 2006, with companies channelling funds towards prospecting for more recoverable oil deposits as the country seeks to prolong the life span of...
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  International

  China pledges strong support for Nigeria as Okonjo-Iweala lures investors. Source: BusinessDay Nigeria The Chinese government has promised a strong strategic partnership with Nigeria which would in the next few years see it support funding for key infrastructure projects at concessionary rates, provide needed technology...
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  Players

  Unveiling One Of Africa’s Greatest Tycoons: Johann Rupert. At Ventures Africa, we celebrate African success, free enterprise, the entrepreneurial spirit, and the rewards of hard work.
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  Finance

  South Africa’s Nedbank to acquire 20% stake in Ecobank. South Africa’s third biggest bank, Nedbank has secured the rights to acquire up to a 20 per cent stake in Ecobank Transnational Incorporated (ETI) within two to three years, the company stated as it released...
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  Management

  ISBC 2012 comes to Africa. The International Small Business Congress (ISBC) 2012 will be held at the Sandton Convention Centre in Johannesburg from 15-18 September 2012 to highlight the critical importance of small business and entrepreneurship worldwide and consequently help...
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  International

  A new Development Program Set to Attract more Investors to Gabon. The zone, which covers about 1146 hectares, has already attracted $210,920,491 million in investment, with many companies acquiring plots of land to begin their operation.
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  Players

  Entrepreneur: Elon Musk [The man behind PayPal, SpaceX and Tesla]. Born and raised in South Africa before moving to the US, Elon Musk is one of the 21st century’s great entrepreneurs, with an estimated net worth of $672 million By Christopher Davies You will be...
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  Finance

  Why Tech Entrepreneurs in Developing Countries Struggle to Raise Funds. HBR Blog Network A few years ago, while I was a first-year Ph.D. student in the engineering school at Johns Hopkins University, I had a business idea.
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  Mobile

  A Kenyan wins Sh8.3million in Nokia app contest. A Kenyan has won Sh8million (75,000 euros) after his mobile application was voted the best in one of the categories and shared the top spot in another category with a Colombian in a global developers’...