|
Kenya ranks high in attracting foreign direct investment
|
| Kenya ranks among the leading Foreign Direct Investment (FDI) destinations in Africa, the United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi has said.Dr Kituyi said Nigeria and Ethiopia complete the list of the most aRead More... |
|
Ecobank Group to strengthen Kenyan subsidiary
|
| Togolese-based Ecobank Transnational Incorporated (ETI) has announced plans to revamp its operations in Kenya by injecting fresh capital. The idea is to make Ecobank Kenya, the group’s hub in the East Africa region. This comes at a time when EcRead More... |
|
Georgia Jeweler to Open a Business School in Kenya
|
| Doug Meadows, owner of David Douglas Diamonds & Jewelry in Marietta, Ga., is in the process of opening a business school inside an orphanage in Nakuru, Kenya.In recent years, Meadows has made several trips to various African countries with the miRead More... |
|
Lebanese firm Zakhem wins pipeline contract in Kenya
|
| Kenya has awarded a 43 billion shilling ($490.31 million) contract to build a fuel pipeline linking Mombasa and Nairobi to Lebanese construction firm Zakhem International, the state-run Kenya Pipeline Company said.KPC has said previously that the exiRead More... |
|
Malaysian hotel chain taps into Kenyan market
|
| Â International hotel group, Tune Hotels, yesterday announced that Nairobi will host its first hotel in the African continent. The proposed hotel is scheduled for opening by June 2015. Working in partnership with Imba Investments Limited,Read More... |
|
Africa's mobile boom powers innovation economy
|
| "It's the best kind of innovation - the problem-solving innovation born out of necessity," says Toby Shapshak, editor and publisher of the South African version of Stuff magazine says.As Technology of Business embarks on a month-long series of featurRead More... |
|
Tata-led Neotel signs broadband deal in S Africa
|
| Tata-led South African telecom operator Neotel has secured a ground-breaking deal with the State Information Technology Agency (SITA) and the Western Cape provincial government to provide broadband services across the province over the next three yeaRead More... |
|
Canada targets South Africa as priority market in Africa
|
| South Africa was officially overtaken by Nigeria this year as the biggest economy on the continent, but Mr. Fast is not ready to accept the new Nigerian numbers. He says Canada will keep betting on South Africa as its top priority market in Africa.&lRead More... |
|
Ecobank To Invest $100m In Kenyan Business
|
| Pan-African financial institution, Ecobank says it plans to invest Sh8.8 billion ($100 million) in its Kenyan business over the next two years. This is expected to increase its strength locally and enable it compete favourably with rivals in the counRead More... |
|
Rothschild fund raises US$530mil to invest in Africa
|
| Swiss private banking group Edmond de Rothschild has raised $530 million for its first Africa-focused fund, the Financial Times reported on Sunday.
The fund, which will focus on making deals in Africa, will be managed by Amethis Finance - a company Read More... |
|
Nikon to place more focus on medical devices
|
| It is almost a case of smartphone killed the camera star, as camera manufacturer Nikon announced that they would be pumping almost $2 billion dollars into mergers and acquisitions in order to expand the company’s medical devices unit.“MerRead More... |
|
Abraaj Group To Acquire Cairo Medical Center
|
| The Abraaj group, a leading global private equity investor, has made a legal tender to purchase a 100 percent stake of Egyptian Stock Exchange (EGX)-listed Cairo Medical Center (CMC) through one of its funds.The company says it has submitted a mandatRead More... |
|
Guinea Insurance gets NIPEX certificate to insure oil, gas businesses
|
| Guinea Insurance Plc on Thursday announced that the Nigerian Petroleum Exchange (NIPEX) has certified the company to undertake Oil and Gas businesses.The company said this in a statement by its Team Lead, Corporate Services, Mr Ufot Hanson, and made Read More... |
|
Singapore Billionaire Bets Big on Energy in Africa, Asia
|
| In September 2007, almost a year after New Zealand–born billionaire Richard Chandler founded investment firm Orient Global in Singapore, he made a rare appearance at a forum on social responsibility. Abandoning his penchant for privacy, ChandleRead More... |
|
Smaller firms will lead East Africa's oil and gas development
|
| Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa's oil and gas industry as majors ditch riskier projects as margins fall, executives from several oil and gas firms said on Tuesday.ThRead More... |
|
|
