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"Nigeria, Africa's Fastest Growing Aviation Business"
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| Nigerian has become the fastest growing aviation business in Africa with more new and pre-owned aircraft delivery than South Africa as at 2013.This was disclosed by the Chief Executive Officer of EAN Aviation, Segun Demuren, who organised the NigeriaRead More... |
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TMG buys into Kenya media group for R195m
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| TIMES Media Group, owners of the Sunday Times and Business Day, has invested about R195m in acquiring a 49% stake in Kenya’s Radio Africa Limited (RAG), a deal that gives the company exposure to television, radio and newspaper assets in East AfRead More... |
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Kenya turns to China to boost tourist numbers
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| Kenya is courting Asian countries to boost plummeting tourism numbers caused by terror attacks, last year’s March 4 polls and security operation jitters. Increased marketing in China has paid off as more than 110 Chinese tourists vRead More... |
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Orange Business Services dreaming big in Africa
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| Orange’s Country Manager for South Africa Yannick Decaux, in an interview with IT News Africa, highlighted his company’s belief in Africa.“We believe in Africa – Orange is making big investments in platforms for increasingly sRead More... |
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Nigeria as Africa's largest economy is good news for SA
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| That Nigeria is now Africa’s largest economy is the best news South Africa could have hoped for. This milestone not only gives South Africa the most obvious reason to strengthen its ties with a key player growing in clout, but it also affords SRead More... |
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Auto expo Africa 2014 to be held in Nairobi
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| Business community in Africa will have an opportunity to consolidate and strengthen distributorship network in the upcoming 17th AUTOEXPO AFRICA 2014 that will take place in Nairobi. The thee day event will kick off on April 27 and is expected Read More... |
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Private Sector Eyes Stake in Growing Oil, Gas Subsector
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| TANZANIA Private Sector Foundation (TPSF) Chairman, Reginald Abraham Mengi and Chief Executive Officers (CEO) roundtable Chairman, Ali Mufuruki, are bitter people.
Since the government announced the Fourth Round of Oil and Gas blocks allocation exerRead More... |
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3mn energy saving bulbs to be issued in Kenya
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| The government has secured Sh1 billion from the French Development Agency to procure and distribute an estimated three million energy saving bulbs this year.Kenya Power Acting Chief Manager for Commercial Services, Joshua Mutua, says the bulbs, knownRead More... |
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MTN Business Kenya invests in business communications technologies
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| MTN Business Kenya has unveiled its Global Multiprotocol Label Switching (MPLS) Virtual Private Network (VPN), designed to make it easier for enterprise customers with global operations to easily communicate with their branches and employees worldwidRead More... |
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Foreign currency products regain popularity in China
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| Foreign currency-denominated financial products in China recently saw a jump in popularity, following the weakening of the renminbi, reports Shanghai's China Business News.
Foreign currency-denominated products had been keeping a low profile in the Read More... |
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Huawei profits surge 34% on strong China demand
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| Net profit for 2013 was 21bn yuan ($3.38bn; £2bn), compared with 15.6bn yuan the year before.Huawei said the growth was due to strong demand from China, as the country expands its 4G mobile network technology.China accounted for one-third of thRead More... |
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China expected to overtake U.S. in business travel spending by 2015
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| China could surpass the U.S. as early as next year as the world's biggest spender in business travel, a year sooner than business travel experts had previously forecast.With China's gross domestic product growing at a slow but steady pace, the world'Read More... |
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Central African bloc to grow 6.7 pct in 2014: central bank
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| The economy of the six-nation Central African CEMAC bloc is set to expand by 6.7 percent in 2014 because of a rise in domestic consumption and growth in the non-oil sector, according to the region's monetary policy committee. The forecast represRead More... |
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World's Biggest Hydro Power Project
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| The World Bank has approved a $73.1 million grant for the massive and controversial $80 billion—by conservative estimates–Grand Inga’s first stage in a project that has so far spanned five decades to tap the Congo River’s massRead More... |
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Tullow advances Kenya exploration program
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| Tullow Oil PLC has moved forward with exploration and appraisal activities conducted by four rigs operating on Blocks 10BB and 13T onshore Kenya.The Emong-1 exploration well on Block 13T was drilled by the Weatherford 804 rig to a final depth of 1,39Read More... |
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