News Archive

US, China plus Russia in Africa: Will it mean a ‘best deal’ for Africans?

US National Security Advisor John Bolton (pictured above) said the priority would be to develop economic ties and create ...

Fintech startup Jumo secures US$12.5m from investment firm Odey Asset Management

SOUTH African fintech firm Jumo has secured US$12.5 million from London-based investment firm Odey Asset Management, bringing ...

Will Africa invest in what really matters, in the way it matters?

African Legal Network (ALN) has been hosting a yearly Africa Investment Conference. It brings together hundreds of businessmen, ...

Egypt aims to kickstart African trade as it takes AU chair

SHARM EL-SHEIKH, Egypt, Dec 9 (Reuters) – Egypt is promoting itself as a linchpin for intra-African trade and a model of ...

Next-generation innovation and disruption driving investment growth in Africa

•Africa’s rising digital economy unlocking new business and investment opportunities across the region •Egypt, Morocco ...

Emerging markets spur FDI flows into Africa

Emerging markets in Africa are leading the way for foreign investment into the continent, according to speakers at an Africa ...

AFRICA TALK

For young and dynamic populations living on vast under-farmed arable tracts of land, the technology and capital transfers from ...

Africa governments challenged to focus on private-sector led growth

By CORRESPONDENT, NAIROBI, Kenya, Nov 8 – Africa will only achieve the much-needed growth and open the continent for investment ...

As economy suffers, where next for South Africa?

There was a surge of optimism in South Africa in February, when Cyril Ramaphosa was elected as president to replace Jacob Zuma, ...

Plastic boat builder Ali Skanda set for recognition

When Kenyans honour their heroes today, 45-year-old Ali Skanda will be among those to be feted at Bukhungu Stadium in Kakamega ...

M-Pesa puts Safaricom on Fortune’s ‘Change the World’ firms listing

Kenyan telco giant Safaricom #ticker:SCOM has been ranked the 19th globally on a list rating companies based on how they use ...

U.S. Apache firm plans 1-bln-USD investment for annual oil exploration in Egypt

CAIRO, Aug. 21 (Xinhua) — U.S. corporation Apache announced plans to increase its annual oil and natural gas exploration ...

Maurice : construction d’une ligne ferroviaire à 560 millions de dollars

L’île Maurice démarrera, en septembre, le plus grand chantier de son histoire, la construction d’une ligne ferroviaire ...

After Kenya launch, Bosch signals Ethiopia entry

German engineering and electronics maker, Bosch Appliances, will open its next regional outlet in Ethiopia this year as it eyes ...

UAE retail giant says to invest $500m in Egyptian expansion

UAE-based retail giant Lulu Group on Monday said it is planning to invest $500 million in Egypt over the next two ...

Eni steps up activities

Italian energy company Eni has increased its activities in lusophone Africa, with rising oil production in Angola and the ...