Ghana Eyes Two IPO’s To Jumpstart An Underperforming Bourse
The Ghana stock exchange could see two local companies list via initial public offers by 2015 and the west African bourse try to jumpstart activity in a market that has underperformed other frontier...
View ArticleU.S. Embassy In Algeria Issues Alert About Possible Attack
From Business Insider The United States embassy in Algeria has warned about a possible attack by a “terrorist group” on targets in Algiers, possibly near a U.S.-branded hotel in the capital. A...
View ArticleOff-Road Racing Boosts Botswana’s Economy
This is a unique way for a government to generate revenue and exposure. “Botswana plays host to one of the most spectacular events on the motorsport calendar – the annual Toyota 1,000 Desert Race,”...
View ArticleAfrican Nations To Rebels In Congo: You Have Six Months To Disarm
From Business Insider African nations have agreed to suspend military operations for six months against Rwandan rebels in Congo to give them more time to lay down their arms, regional government...
View ArticleChinese firm outs Cameroon business proposal
From Star Africa A posse of businessmen working for the Chinese firm Citic Group currently in Cameroon has met Prime Minister Philemon Yang and tabled a plan outlining its future business forays in the...
View ArticleEgypt Sees Drastic Increase In Fuel Prices
From Miami Herald Egypt’s government raised the prices of fuel by up to 78 percent starting Saturday, following on a promise to cut subsidies that eat up nearly a quarter of the state budget, the...
View ArticleMore People, Less Water Mean Rising Food Imports For Egypt
From Gulf Business For the past 15 years, antiquated irrigation systems and a government conservation drive have kept many farmers from nutrient-rich Nile waters, forcing them to tap sewage-filled...
View ArticleCurse Or Blessing? Oil Discovery In Ghana
From AllAfrica Music, dance and fanfare dominated the day as then-President John Atta Mills, turned the valve on an offshore platform to signify the commercial production of oil and gas in commercial...
View ArticleGuinea-Bissau Presents New Government
From Yahoo Guinea-Bissau’s Prime Minister Domingos Simoes Pereira presented his new government, less than two weeks after the president vowed to fight poverty and bring stability to the impoverished...
View ArticleEcobank Group To Revamo Kenyan Subsidiary
From Standard Digital 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...
View ArticleKenya’s mobile innovation brings digital money closer
From BBC Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology. The bank will provide its account holders...
View ArticleCar Bomb Kills 4 In Somalia
From Business Standard Four people were killed today when a car laden with explosives blew up near the parliament building in the Somali capital, a police official said. The Somali terror group...
View ArticleSierra Leone Attributes 73 Deaths To Ebola Outbreak
From Bloomberg BusinessWeek The Ministry of Health and Sanitation in Sierra Leone said there have been 73 deaths as a result of 254 confirmed cases of the Ebola virus. There are 92 patients currently...
View ArticleIndia’s ICCI Bank Heading To South Africa
From Live Mint With an eye on ‘India-linked’ business expansion on foreign shores, the country’s top private sector lender ICICI Bank Ltd is all set to start full-fledged branches in China and South...
View ArticleZambia’s Economy Is Growing: President Michael Sata
From Sunday Post President Michael Sata has urged the business community, investors, exhibitors and show goers to continue working together towards efforts that will create jobs, wealth and ultimately...
View ArticlePick n Pay’s Zimbabwe Unit To Increase Number Of Stores
From Business Day Pick n Pay’s 41 Percent-owned Zimbabwean retailer TM Supermarkets will open more stores in the next financial year (2015), Meikles Limited group chairman John Moxon said on Wednesday....
View ArticleAt Least 29 Killed By Gunmen In Kenya
From Reuters Gunmen killed at least 29 people in raids on two coastal areas of Kenya, the latest in a series of attacks claimed by Somali Islamists who have vowed to drive Kenyan forces out of Somalia,...
View ArticleWhere is Africa’s Food Hub?
From CNBC Africa East Africa is a food production hub, with Ethiopia and Tanzania producing about half of the region’s primary food crops. According to an Agro-Industrial research by Eco Bank, cassava,...
View ArticleMoody’s Says Investors Wary Of South Africa’s Strikes
From CNBC Africa Ratings agency, Moody’s says South Africa’s latest mass strike could send panic waves to investors and slow the country’s economic growth. The ratings agency says it would also...
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AFKI Commodities Report: Platinum, Palladium Prices Surge On Supply Worries
Platinum prices hit a 10-month high last week boosted by supply worries despite an end to the five-month strike in South Africa’s platinum belt. Palladium was trading at close to its highest level...
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