News

Japan group wins contract for Angola plant: Nikkei

11-15-2011 | 11:18:26
A group of Japanese firms has won a contract that is likely be worth more than 1000 billion yen to build a plant in Angola that will produce raw materials ...

"Walk in and talk" contact centre solution entices foreign investors

11-15-2011 | 11:12:54
Contact centre investors can dramatically reduce their start-up risk by using a combination of hosted technology and fully equipped and managed premises, ...

Exports board launches centres to boost growth of horticulture

11-15-2011 | 10:58:15
Horticulture exports in Uganda are likely increase as the Uganda Export Promotions Board launches market linkage centres to revamp the commodities ...

World Bank’s African renewables funding rises to $3.6 billion

11-15-2011 | 10:53:47
South Africa and the World Bank signed a $250-million loan agreement on Monday for the two utility-scale Eskom renewable-energy projects, which the bank ...

World Bank and IFC approve US$82 million power loan for Cameroon

11-15-2011 | 07:23:05
The boards of directors of the World Bank and the International Finance Corporation (IFC) have approved an US$86 million loan, as well as an US$82 ...

US asks East Africa to jointly market Agoa

11-15-2011 | 07:19:21
The US has urged East Africa to jointly market the African Growth and Opportunity Act (Agoa) following the slow response to the initiative. The remarks ...

Sasol launches R1 billion cobalt facility

11-15-2011 | 07:12:43
SASOL Synfuels International, a wholly-owned subsidiary of Sasol, on Friday announced the inauguration of Sasol’s R1bn cobalt catalyst manufacturing ...

Approvals in Ghana under EDN / ATA initiative

11-15-2011 | 07:00:51
The US Agency for International Development (USAID) and the Overseas Private Investment Corporation (OPIC) are utilizing EDN resources to distribute ...

Safaricom to build own fibre network

11-14-2011 | 13:45:15
Safaricom has announced plans to build its own inland fibre optic network to get a larger share of the data market and reduce its reliance on the ...

Announcement regarding direct or indirect acquisition of assets in Papua New Guinea

11-14-2011 | 13:31:31
Harmony has received a number of enquiries and proposals from interested third parties regarding the direct or indirect acquisition of its assets ...

BoG confirms Access, IBG merger in Ghana

11-14-2011 | 13:01:36
The Bank of Ghana (BoG) has approved the merger of Access Bank Ghana and Intercontinental Bank Ghana. The BoG has approved the change of control processes ...

Cultural Awareness: The Intangible Essential for Global Managers

11-14-2011 | 09:28:25
By Erika Amoaka-Agyei. Columnist. In today’s era of globalization, conducting business internationally requires cultural awareness and effective cross ...

World Bank Group Support to Bring Electricity Relief to 163,000 Households in Cameroon

11-14-2011 | 09:10:39
The World Bank and the International Finance Corporation (IFC) Boards of Directors today approved an US$86 million loan and US$82 million Partial ...

Orascom Telecom chairman to step down at end-2011

11-14-2011 | 09:01:47
The executive chairman of Orascom Telecom, Khaled Bichara, will step down from his post at the end of 2011 and the board has yet to elect a new chairman, ...

Southern Africa seeks to unite its railways

11-14-2011 | 08:52:59
Countries across southern Africa are pouring billions of dollars into overhauling their railways, hoping to ease the flow of exports and to boost ...

Picking up the pieces

11-14-2011 | 08:35:12
By Isaac Twumasi-Quantus in Accra. At the outset of the global financial and economic crisis, Africa’s immunity from negative effects was widely ...

AfDB Approves Strategy to Promote Africa’s Regional Integration and Trade

11-14-2011 | 07:51:48
Enhanced linkage of regional markets, support to regional research and training centers, capacity building, as well as regional transport infrastructure ...

AfDB Group Supports Togo Reform Programme

11-14-2011 | 07:43:54
The ongoing reform and governance programme initiated by Togo received a boost from the African Development Bank (AfDB) Group recently, following ...

Main One & SEACOM Awarded 'Best Pan African Initiative' at Africacom Awards 2011

11-11-2011 | 15:41:20
Main One and SEACOM, the only two privately funded and open-access based African submarine fibre optic cable systems, were awarded “Best Pan African ...

Business Leaders Cite Investment As Key To Africas Growth Path

11-11-2011 | 15:40:48
In a presentation at the Vodafone African Business Leaders Forum, Alec Erwin, CEO, UBU Investment Holdings, South Africa, highlighted the need ...