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Archive In BusinessRead the latest news for Business in Africa
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Retail & Manufacturing
McDonald’s To Join Growing List Of Global Food Chains Flooding Kenya.
Leading global food service retailer, McDonald’s is set to enter east Africa’s largest economy, Kenya, with invitation sent out to investors willing to secure a franchise license signalling an imminent entry.
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Finance
Botswana Loses Over $800m Annually To Tax Evasion And Corruption.
Botswana is losing millions of dollars yearly to corruption, and tax evasion says the Washington-based Global Financial Integrity (GFI), a non-profit research and advocacy organization.
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M & A
Atlas Mara Increases Investments In Nigerian Union Bank.
Atlas Mara, the African investment vehicle of former Barclays CEO, Bob Diamond, and Ugandan entrepreneur, Ashish Thakkar, has successfully increased its stake in Union Bank of Nigeria Plc to 29.9 percent.
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Pharma & Healthcare
Ebola Vaccine May Be Available In March.
Barely a month after the World Health Organization (WHO) hinted on a possible Ebola vaccine, Director of London School of Hygiene and Tropical Medicine, Professor Peter Piot, disclosed in Sierra Leone that a new vaccine...
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Finance
An Entrepreneurial 2015: How This Businessman Launched A $100m Programme.
Tony Elumelu CON, is a Nigerian Entrepreneur, with over twenty years experience in the Banking and Investment sector in Africa.
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Management
Young Nigerian Fashion Entrepreneurs Should Focus More on Quality – Experts.
Nigeria’s fashion industry would perhaps be one of the top contenders absorbing aspiring entrepreneurs when it comes to measuring the amount of young people starting up businesses in the country, but there is still a...
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General
Africa’s Dynamic Culture Offers Potentials For Tourism Boom – Cherae Robinson.
Tourism, the fastest growing economic sector within Africa, serves as one of the core investment opportunities on the continent.
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Mining & Construction
Africa’s Coal Producing Countries To Exploit Increasing Global Demand.
Better times are here for South Africa, Zimbabwe and Nigeria as global demand for coal in the next five years is estimated to surpass nine billion tonnes.
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Energy
Tranquilizing Oil Prices.
“The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function”.
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Retail & Manufacturing
$50m Investment In Nigeria Suspended Over Counterfeiting Of Alomo Bitters.
Ghana’s Kasapreko Company Limited has suspended a planned $50 million investment in Nigeria, one of the largest markets for its popular Alomo Bitters, due to the adulteration of the product.