Africa


Rice: No US intent to engage in Africa militarily

2014-07-30 22:46

Washington does not intend to engage in Africa militarily to resolve the continent's conflicts but is boosting efforts to train peacekeepers, a senior US official has said.

Opportunities for African business

2014-07-29 15:55

African business must take advantage of African opportunities and get their respective governments to help, says the president of a business chamber.

Troubles in Ghana cocoa sector

2014-07-28 19:00

There has been a reversal of fortunes between Ivory Coast, the world's largest cocoa grower, and Ghana, the second-largest.

It's time for African solutions

2014-07-26 09:03

For too long we as a continent and especially as a country have allowed our ideas to be influenced by non African ideals. The time for change has come, says Dennis Ngango.

Mogoeng: Judiciary treated with disdain

2014-07-14 17:42

A lack of resources often prevents fast and quality justice in some African countries, Chief Justice Mogoeng Mogoeng has said.

Slavery driving apes to extinction

2014-07-01 22:14

Thousands of great apes are killed or trafficked into "slavery" each year in a multi-million dollar illegal trade.

Madagascar needs fuel reforms - IMF

2014-07-01 13:28

Madagascar needs to reform its fuel subsidy programme, which does not help its poorest people, says an IMF official.

Africa must combat financial crime

2014-06-26 10:48

African nations can boost international investor sentiment by ramping up efforts to combat financial crime, experts say.

E Africa seeks consultant for oil pipeline

2014-06-25 09:45

Kenya, Uganda and Rwanda have invited bids for a single consultant to oversee a feasibility study and initial design for the construction of an oil pipeline.

Credit bureaus key for Africa's entrepreneurs

2014-06-23 17:03

Programmes to promote credit bureaus in sub-Saharan Africa are a boon to small entrepreneurs, who struggle to access finance as most have no bank accounts.

Time to transform Africa's agriculture - expert

2014-06-18 17:36

The time to transform Africa’s agriculture is now and it cannot wait, delegates have heard at the Ifama agribusiness forum.

OR Tambo's Shongololo Lounge best in Africa, M East

2014-06-16 13:34

The Shongololo Lounge at OR Tambo International Airport has won this year’s Best Airport Lounge in Africa and the Middle East at a global awards ceremony.

Africa's agribusiness in the spotlight

2014-06-11 17:28

All eyes will be on the African continent when the continent’s enormous growth potential in agribusiness comes under the lens at an event in Cape Town.

Smaller firms to lead E African oil and gas

2014-06-11 10:45

Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa's oil and gas industry.

Packaging to help food plight

2014-06-08 08:30

The first conference on how to better preserve food and prevent its wastage recently took place in Cape Town.

Mobile revolution sweeps Sub-Saharan Africa

2014-06-04 17:27

Mobile internet usage is expected to increase at twice the global rate in five years in Sub-Saharan Africa, according to a report.

Libyan currency under pressure due to crisis

2014-06-03 17:30

Libya's currency is under heavy pressure as a breakdown in security and a collapse of oil revenues due to port blockades have badly disrupted public finances.

Mozambique mulls sovereign wealth fund

2014-05-30 11:08

Mineral-rich Mozambique is considering the establishment of a sovereign wealth fund, says the country's finance minister.

South Africans must be more 'African'

2014-05-23 21:00
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South Africans in general tend not to include themselves when they think of Africa, says Abel Sithole, a futurist and financial markets expert.

Capitec cracks African growth list

2014-05-21 16:10

The World Economic Forum has named Capitec Bank and five other SA companies among Africa’s 16 most dynamic Global Growth Companies.

Africa-savvy investors keen to curb risk

2014-05-21 09:20

Investors are increasingly looking beyond violence in Africa and can see its great potential, but they also want more risk protection, says the World Bank.

'Resilient' Africa set for solid growth

2014-05-20 08:27

Africa is "resistant to shocks" and is "at the point of achieving solid economic growth" but instability is a factor, say international bodies.

Positive trend in Africa's hotel industry

2014-05-15 17:16

The annual Pipeline survey of the major international and African hotel chains reveals they are growing their resource base.

Accountants to help Africa's development

2014-05-12 15:17

The accounting profession is well positioned to contribute to sustained economic development in Africa, according to an industry body.

China pledges 'no strings' support for Africa

2014-05-08 14:29

All China's support for Africa will come with no political strings attached, says Chinese Premier Li Keqiang.

 

Africa operations boost Barclays earnings

2014-07-30 08:54

Barclays has posted an expected 10% rise in first-half headline earnings boosted by its newly integrated Africa operations.

Fraud a problem in the energy sector

2014-07-23 15:55

Africa's oil and gas sector shows growth despite regulatory uncertainty, but fraud and corruption remain an impediment, according to a report.

Investors in the dark over Africa data

2014-07-04 08:46

Africa investors have long learned to give official figures short shrift, but with a global recovery on the rise Africa can ill afford to pump out dodgy data.

Food rations for African refugees slashed

2014-07-01 17:39

Nearly 800 000 refugees in Africa have had their food rations slashed by up to 60%, threatening to push many to the brink of starvation.

Fastjet cheapest airline in Africa - survey

2014-06-30 12:41

Fastjet has been named the cheapest low-cost carrier in Africa and in a recent survey by a flight comparison site.

Aluminium project clears Guinea hurdle

2014-06-25 13:30

Guinea's parliament has approved amendments in a deal with Emirates Global Aluminium, which will see the start of bauxite production in 2017.

Credit bureaus the key

2014-06-24 11:37

Credit bureaus in sub-Saharan Africa are a boon to small entrepreneurs.

Egypt seeks cotton imports from Africa

2014-06-19 19:44

Egypt's government-backed garment export council wants to expand its base of African cotton suppliers and is seeking to import around 250 000 tonnes a year.

African tech start-ups dream of Silicon Savannah

2014-06-17 09:14

Young techies hunched over laptops in small offices across Africa want to create their own versions of California's Silicon Valley.

Africa's women take the lead

2014-06-12 12:16

Africa has the highest growth rate of female-run enterprises across the world.

Ghana to hike cocoa price to curb smuggling

2014-06-11 13:04

Ghana plans to raise its fixed cocoa price next season to a level which ensures smuggling into neighbouring grower Ivory Coast is not attractive.

Africa's women entrepreneurs take the lead

2014-06-10 19:20

Africa has the highest growth rate of female-run enterprises across the world as more women turn to starting a business to make ends meet.

US in $1bn push for off-grid Africa power

2014-06-04 20:09

US companies have promised $1bn for off-grid power projects in Africa, in a push to ease the continent's chronic electricity shortages.

SA not nominating for AfDB

2014-06-04 13:23

South Africa has taken a decision not to nominate a candidate for president of the African Development Bank, says the finance ministry.

Swaziland has less than $1bn in reserves

2014-06-02 16:32

The kingdom of Swaziland has around $800m left in its gross official reserves, according to the central bank's latest estimate.

Aid has not liberated Malawi from poverty

2014-05-29 13:14

In Balaka - a typical Malawian town with its low buildings, bustling market and cyclists filling the roads - there seem to be aid organisations everywhere.

China, AfDB sign $2bn deal for Africa fund

2014-05-23 08:48

China's central bank and the African Development Bank Group have signed a $2bn co-financing agreement for a fund to support African infrastructure and industry.

UN eyes Africa oil levy to fight disease

2014-05-21 13:09

The United Nations is in talks with African leaders over a levy on oil that could rake in huge sums to tackle diseases, says a top official.

African countries dominate in list of up-and-coming holiday spots

2014-05-21 08:54

Take a look at the top 50 countries to watch as holiday hotspots, based on data from the World Travel and Tourism Council.

Investors look beyond Africa's powerhouses

2014-05-16 09:04

International investors are looking beyond the oil and mineral sectors and Africa's top economies as they hunt for new business, according to a report.

African clothes, textiles, shoes showcased

2014-05-13 15:02

African manufacturers are getting ready to take advantage of international interest in the continent with a trade event taking place in June.

China in new rail deal with east Africa

2014-05-11 16:30

East African leaders and China have formally signed agreements for the construction of a multi-billion dollar railway.

Dangote to invest $2.3bn in Nigeria

2014-05-08 14:04

Nigerian businessman Aliko Dangote says he will invest $2.3bn in sugar and rice production in the north of the country.

 
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