News

StanChart won't rule out Africa acquisition-Africa CEO

12-05-2011 | 05:37:41
Britain's Standard Chartered Plc will not rule out acquisitions in Africa, even as it focuses on expanding its sub-Saharan presence from the ground ...

East African Breweries Limited sets up its third plant

12-05-2011 | 05:30:48
A third brewing plant has been commissioned by a subsidiary of East African Breweries Limited in Tanzania, Serengeti Breweries. The idea is to increase ...

Sun International offers $60 million to buy out Real Africa Holdings unit

12-05-2011 | 05:20:05
Sun International, Africa's second-biggest casino group, offered on Thursday around $60 million for the remaining shares it does not already own ...

Africa Business Confidence Index shows growth again

12-02-2011 | 12:10:21
Manufacturing index 53.4; non-manufacturing index 52.9, both indicating expansion. The Africa Business Confidence Index (ABCI) for November shows expansion ...

Glencore pulls out of Peru deal, eyes Africa.

12-01-2011 | 07:46:33
Glencore International, the world's largest commodities trader, on Wednesday pulled out of a $475 million agreement to acquire the Mina Justa copper ...

Afren-backed local firm buys Nigeria oil block

12-01-2011 | 07:41:05
First Hydrocarbon Nigeria, which is partly owned by oil company Afren, confirmed on Thursday the purchase of a 45 percent stake in Nigerian oil block ...

Pancontinental to raise $15 mln for Africa exploration

12-01-2011 | 07:36:37
Australia's Pancontinental Oil and Gas has said it is planning to raise up to $15 million through a cash call to fund its exploration activities ...

Will the African Integration Revolution be Televised? (1)

12-01-2011 | 06:54:51
E.K.Bensah Jr in Accra. You would not know it if you saw it, but Africa’s at the cusp of historic change. If the month of November is anything to go ...

Nigeria at 51: Time to Re-organise a Dis-organised Society

11-30-2011 | 11:35:22
Columnist. Adewale T Akande in Spain. This is the time to re-organise a blessed land with a repeatitive leaders of selfish motives. It is undemocratic ...

Quiet mediation deepening democratic values in Lesotho

11-30-2011 | 11:16:46
Blogger. Ahunna Eziakonwa-Onochie. While much has been made of the political tensions that are said to divide the country, quiet mediation and dialogue ...

“The Accidental Ecowas & AU Citizen”

11-30-2011 | 11:02:34
Blogger. E.K.Bensah Jr in Accra, Ghana. As West African leaders got together for a series of important meetings last week at ECOWAS headquarters in Abuja, ...

West Africa / Ericsson and Sony Ericsson partner to run competition for application developers in West Africa

11-30-2011 | 09:15:50
Ericsson Gives West African developers a global stage•          Ericsson and Sony Ericsson partner to run competition for application developers in ...

AfDB-Togo: signing of two financing agreements for CFA 81 billion

11-30-2011 | 07:52:01
Donald Kaberuka, President of the African Development Bank The African Development Bank (ADB) and the Republic of Togo have signed this Tuesday, ...

AfDB, Côte d’Ivoire sign revised AfDB headquarters agreement

11-30-2011 | 07:45:10
(AfDB), concluded an official two-day visit to Côte d’Ivoire today. The AfDB chief executive and Daniel Kablan Duncan, Minister of State and Minister ...

Switzerland commits USD20 million to AfDB for increased access to water and sanitation in rural Africa

11-30-2011 | 07:41:31
The Rural Water Supply and Sanitation Trust Fund, a fund managed by the African Development Bank (AfDB), will receive a 20 million US dollar contribution ...

Botswana eyes more electricity generation

11-30-2011 | 05:56:27
Botswana plans to add 1,200 megawatts (MW) of electricity to its national grid in the next six years as the diamond rich country battles to address ...

Zain yet to agree telco licence fee with South Sudan

11-30-2011 | 05:48:31
Zain Sudan has spent $60 million splitting its operations in two following the succession of South Sudan, but has yet to agree a license fee with ...

GlaxoSmithKline Nigeria Plc plans consistent upgrade of factory to remain competitive in next five years

11-30-2011 | 05:33:24
The management of GlaxoSmithKline Nigeria Plc (GSK) has reiterated its commitment to consistently upgrade its factory, so as to enable it remain ...

South Africa’s credit growth quickens to 5,52% in October

11-29-2011 | 12:36:18
Growth in credit demand by SA's private sector was less than expected at 5,52% year-on-year in October from a slightly revised 5,42% rise in September, ...

Ecobank hosts inaugural UK-Guinea Bissau Investment Summit

11-29-2011 | 12:32:44
The Ecobank Group was delighted to have the opportunity recently to highlight the trade and investment potential of Guinea-Bissau to UK industry ...