News
Posted on: 15-NOV-11
PensionDanmark has invested 43-million Euros in the Silverland Fund, which will invest in Africa's agriculture sector.
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Posted on: 15-NOV-11
A group of Japanese firms has won a contract that is likely be worth more than 100-billion yen to build a plant in Angola that will produce raw materials for fertilisers, reports the Nikkei business daily.
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Posted on: 14-NOV-11
The Tanzania Ports Authority (TPA) plans to expand Dar es salaam and Tanga ports. The exercise will enable service in new markets in South Sudan and neighboring landlocked countries specifically, Uganda, DR Congo and Zambia.
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Posted on: 14-NOV-11
Egyptian private equity firm Citadel Capital secured a $150-million, 10-year financing facility from Overseas Private Investment Corporation (OPIC), a US government development finance institution.
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Posted on: 10-NOV-11
The International Finance Corporation (IFC) plans to spend up to $300- million in the financial year ending June and another $400-million in the following year on new telecoms projects in Africa that are not commercially attractive to traditional financiers.
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Posted on: 10-NOV-11
Global experts on biomass trade agree that the West and Central Africa region is poised to capture the international market for biomass, as demand by the European Union increases in the next decade.
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Burundi :
Hilton plans Bujumbura hotel
Posted on: 07-NOV-11
The Hilton Group will get a $5.5-million loan from the International Finance Corporation (IFC) to develop a hotel in Burundi's capital city, Bujumbura.
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Posted on: 04-NOV-11
Bharti Airtel, India's top mobile phone carrier, is looking to spend $1.4 to $1.5-billion on its Africa operations in the current fiscal year to end-March.
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Posted on: 06-JUL-11
Kenya Railways and the National Housing Corporation(NHC) have entered into a joint venture that will see the rail firm open its land for construction of affordable homes in urban areas.
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Posted on: 15-SEP-11
Insurance firm UAP plans to invest in real estate projects in Kenya, Uganda and South Sudan to cash in on the lucrative property market.
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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.
