Russia is seen as the frontrunner to win the right to build South African nuclear power plants that may be worth as much as $100 billion. With a six-month deadline to award contracts, who’s going […]Read More ..
At a factory in Dubai, the lorries roll in with giant drums of raw tomato paste from China and roll out with tiny sachets of the processed product bound for Africa. “It’s a 24-hour operation,” says […]Read More ..
Facebook is getting serious about making money in Africa. The just opened its very first office on the continent: An ad sales bureau in Johannesburg, South Africa. Facebook also appointed a designated exec, Nunu Ntshingila-Njeke, […]Read More ..
* Burgeoning middle class drives demand in the capital * Buyers forced to pay cash in a market without mortgages * State-built apartments affordable but have waiting list * Economy […]Read More ..
It’s 2015, and by now even latecomers among multinational corporations have decided to include African countries in their emerging market portfolios. However, many companies are not making the most of the Sub-Saharan Africa opportunity because […]Read More ..
Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to […]Read More ..
Enrolments at independent schools in South Africa doubled in the last 15 years. Packed tightly at a row of graffitied desks in an overcrowded classroom, students at Masiqhakaze Secondary School near Johannesburg shiver as a […]Read More ..
In Liberia, it’s been 93 days since the last reported Ebola case. “Liberia Declared Ebola-Free” read the headlines in many world newspapers last month as the World Health Organization officially proclaimed that the outbreak had […]Read More ..
The Ethiopian Foreign Minister Dr. Tedros Adhanom met with Stephen Hayes, the President and CEO of the US Corporate Council on Africa on to discuss the upcoming US-Africa Business Summit. This will be hosted by […]Read More ..
Africa has the largest pool of untapped tech talent in the world, according to Jeremy Johnson. The 31-year old says that for two reasons: Human brilliance is evenly distributed around the world, but opportunity isn’t. […]Read More ..
The governments of Senegal, Ethiopia and Rwanda, and the Africa Business Champions for Science, a group of African businessmen, have launched a $5 million regional scholarship and innovation fund for Africa. According to a press […]Read More ..
US private equity firm TPG yesterday agreed to a tie-up with Sudanese billionaire Mo Ibrahim’s Satya Capital
US private equity firm TPG yesterday agreed to a tie-up with Sudanese billionaire Mo Ibrahim’s Satya Capital, to invest in African companies looking to expand in Africa and globally. TPG would invest up to $1 […]Read More ..
“We shall make electric light so cheap that only the wealthy can afford to burn candles,” said Thomas Edison, inventor of the modern lightbulb. That was almost a century and a half ago. Today in […]Read More ..
You are here » Home » ∷ Business » Kenya Airways wins best business class Airline in Africa By Standard Reporter Updated Monday, June 22nd 2015 at 14:53 GMT +3 Kenya Airways […]Read More ..
We recently sat down with Facebook’s VP of Europe, the Middle East and Africa, Nicola Mendelsohn. During her two years at Facebook, she has spent a lot of time visiting the different regions she is […]Read More ..
Michael Fletcher, sales director for Ruckus Wireless sub-Saharan Africa. The introduction of affordable smartphones designed specifically for emerging markets has been a game changer for Africa and has made an impact on Wi-Fi demand, […]Read More ..
Africa committed to creating right environments for private enterprise, says Zuma Africa committed to creating right environments for private enterprise, says Zuma AFRICAN governments are committed to continue creating enabling environments for private sectors in […]Read More ..
Africa has a hot new investment destination and it’s not Nigeria. The buzz at the World Economic Forum on Africa, an annual summit of the continent’s rich and powerful, is all about Ethiopia, where the […]Read More ..
THE risks of investing in infrastructure in Africa are far less than imagined and can be mitigated, Gordon Brown, chair of the World Economic Forum Global Strategic Infrastructure Initiative told delegates at the forum’s Africa […]Read More ..
Google is in talks to invest in the largest wind power project in Africa. According to CNBC, Google wants to back Kenya’s Lake Turkana Wind Power Project, a massive undertaking that will require more than $700 […]Read More ..
Listening to a Zambian entrepreneur pitch his goat meat business in the middle of a first-world technology hub, I glimpsed the degree to which entrepreneurship and capitalism have been called upon to address the problems […]Read More ..
Access Infra Africa, a Dubai-based company, will launch what it says will be Africa’s largest privately-owned solar plant in Uganda this year, part of plans to develop electricity projects in 17 African countries, mainly based […]Read More ..