Kibaki roots for roads upgrade to grow trade within Comesa bloc

President Kibaki has likened Malawi’s investment in transnational road networks to a policy that he has pursued in the last 10 years as he roots for deeper economic ties between the two  Read More..

Posted on : 30 Nov,-0001

Africa: Columbia University Establishes First Global Center for Africa

Columbia University has established a Global Center for Africa in Nairobi, the first such institution in the continent. At the launching of the facility at Kenyatta International Conference Centre,  Read More..

Posted on : 30 Nov,-0001

Nigeria: NSE Market Indices Rise By 1.4 Percent

A total of 622.32 million shares worth N4.9 billion were traded in 7,447 deals on the Nigerian Stock Exchange on Wednesday. This was against the 822.69 million shares valued at N5.1 billion traded  Read More..

Posted on : 30 Nov,-0001

EA a major market for private equity

Kenya is among African markets considered a favoured destination for private equity investments in 2013 while Tanzania and Rwanda will be favourites in East Africa, according to a forecast by White  Read More..

Posted on : 30 Nov,-0001

Ghana: Accra Is 4th Best Place to Tour in 2013

The New York Times, one of the most influential newspapers in the United States of America has listed Accra as one of the best places in the world for business and pleasure this year, 2013. Accra  Read More..

Posted on : 30 Nov,-0001

Tanzania: Pemba to Construct Under Water Room

Zanzibar – IN efforts to attract high class tourists and boost tourism sector, investors in Zanzibar have started constructing under water room. “This is a pilot project; we are  Read More..

Posted on : 30 Nov,-0001

Kenya, Uganda issue tenders to build oil pipeline

The governments of Kenya and Uganda have issued tenders for the construction of a 350 km oil pipeline linking the Kenyan town of Eldoret to the Ugandan capital Kampala. The Kenya-Uganda oil pipeline  Read More..

Posted on : 30 Nov,-0001

GM consolidates Africa business, appoints PE-based MD

US car maker General Motors (GM) announced on Tuesday that it was consolidating its sub-Saharan Africa and North Africa operations into a new unit, GM Africa, effective immediately. Mario  Read More..

Posted on : 30 Nov,-0001

Cement demand hits monthly peak

Increased activity in Kenya’s property market in recent years has pushed up cement production to about 400,000 metric tons per month.   In January 2012, the country’s cement  Read More..

Posted on : 30 Nov,-0001

Procter & Gamble CEO: Africa 'Next Frontier' for Business

In corporate boardrooms and global-investment seminars, more CEOs and business leaders are talking about Africa. That was evident at a recent New York Stock Exchange investor conference, where along  Read More..

Posted on : 30 Nov,-0001