News
Mozambique :
$11.6bn project pipeline to drive mining growth
Posted on: 20-OCT-11
Mozambique is poised to become a significant coking coal producer within the next three to five years, with its coal sector accounting for 61% of the total value of the project pipeline, according to consulting firm Frost & Sullivan.
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Posted on: 19-OCT-11
Egyptian private equity firm Citadel Capital announced that shareholders have fully subscribed to its $175.6m capital increase, adding $120m in fresh cash to its balance sheet. Founder says the development is significant due to the challenges in markets abroad and at home.
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Africa :
IFC to fund clean-tech firms
Posted on: 19-OCT-11
The World Bank group said it is launching a $60-million equity financing facility to help kick-start small companies that sell goods and services aimed at cutting greenhouse gas emissions in developing nations.
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Posted on: 19-OCT-11
The 3rd Annual West Africa Trade & Commodity Finance Conference will be held on 1-2 November, 2011 in London, and brings together the leading figures operating in West Africa to discuss the vast array of opportunities and challenges that makes this region so unique.
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Posted on: 19-OCT-11
The International Monetary Fund forecasted a rosy outlook for sub-Saharan Africa growth in 2012 but warned of significant risks from global financial volatility that could subdue demand and private inflows.
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Posted on: 17-OCT-11
Private equity funds are expected to play an increasing role in investments flows into Africa in the next 12 months as they seek new growth opportunities outside the depressed markets of developed countries, according to Standard Bank's Brian Marshall.
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Posted on: 17-OCT-11
West African Mining and Power industry Exhibition (WAMPEX), and its associated conference WAMPOC will take place in Accra from 6 to 8 June, 2012.
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Posted on: 02-NOV-11
With only one month left before Botswana’s premier Investment and Trade platform,
Global Expo Botswana invites all prospective business visitors and exhibitors to
register.
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Democratic Republic of Congo :
Government seeks funding for rail revamp
Posted on: 11-OCT-11
The Democratic Republic of Congo (DRC) is inviting mining companies to fund dilapidated rail network. The $200-million will bridge a gap left by delayed Chinese funds.
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Posted on: 05-OCT-11
Angola is due to start exporting liquid natural gas (LNG) to the US when the country’s first liquid natural gas processing unit starts operating.
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Read a selection of the latest African financial and business news or search our archives for business news articles you missed. News stories include articles sourced from various news agencies; business features articles with analysis and opinion; interviews with business news makers; technical advice and success stories.
