Latest Business News - Africa

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


Tanzania: Dar Registers Increased Investment

GRANTS, foreign direct investment and external borrowing contributed to a 402 million US dollars (about 643.2bn/-) surplus in the country's balance of payment for the year ended November  Read More..

Posted on : 30 Nov,-0001


Liberia: City Construction CEO Gets Top Award

The Chief Executive Officer (CEO) of one of Liberia's leading construction companies, City Construction Inc. has been awarded the Outstanding Entrepreneur award of the year 2012. The Africa Watch  Read More..

Posted on : 30 Nov,-0001


Exhibitions In Africa

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