Africa


Africa needs to make agriculture create wealth

2014-08-29 17:30

In Africa export crops like coffee, tea, cotton and cocoa are often produced by smallholders whose incomes cannot support families and pay for better harvests.

Imara expands its unit trust range

2014-08-28 15:30

Imara Asset Management South Africa has expanded its boutique unit trust range with the launch of the Imara MET Balanced Fund.

Ebola fears slowing tourist flow to Africa

2014-08-20 17:15

The Ebola outbreak in West Africa is putting off thousands of tourists who have planned trips to Africa this year, including to destinations such as Kenya.

Economic benefits of liberal African aviation

2014-08-19 05:00

Many air markets between Africa and countries outside the continent have been liberalised significantly, yet intra-African aviation remains largely closed.

Ebola survivors can infect others with their sperm

2014-08-13 13:04

Even those who manage to survive Ebola aren't out of the woods, and could worsen the outbreak through their infected bodily fluids.

African business reflects a crisis mentality

2014-08-12 11:12

Business confidence in Africa has reached a five-year low, according to an economic survey of finance professionals around the world.

Chad ends Chinese permits over alleged violations

2014-08-10 18:00

Chad has decided to withdraw five exploration permits issued to Chinese oil giant CNPC and press charges over a $1.2bn fine for environmental violations.

African journalists disappointed by US Summit

2014-08-07 13:41

The closing conference of the US-Africa Leaders Summit with United States President Barack Obama was dominated by questions about local policy issues.

US-Africa talks shift to govt corruption

2014-08-06 20:02

President Barack Obama and African leaders are discussing two key issues threatening to disrupt economic progress on the continent: security and state corruption.

Ebola threatens west African economies

2014-08-06 17:54

Traders are worried about a secondary, insidious effect of the world's most deadly Ebola outbreak: the prospect of financial ruin.

Zuma: Africa is more organised

2014-08-05 22:47
107 comments

Africa is more organised than it has ever been and this has been the right time to a hold a US-Africa summit, President Jacob Zuma says.

Obama to announce $14bn investments in Africa

2014-08-05 12:22

President Barack Obama will announce that US businesses will invest in construction, clean energy, banking and IT across Africa, says a White House official.

Zuma: South Africa is open for business

2014-08-04 21:04
109 comments

South Africa is a profitable place to invest, including the tourism and energy sectors, President Jacob Zuma has told a US Chamber of Commerce forum.

Investment in Africa offers big rewards - CEO

2014-08-04 13:30

Africa offers US multinationals trade and investment opportunities across the continent, says Standard Bank CEO Sim Tshabalala.

Obama hosts Africa summit with an eye on legacy

2014-08-02 22:28

President Barack Obama is gathering nearly 50 African leaders in Washington for a summit aimed at building his legacy on a continent where his commitment has been questioned.

Ecobank pre-tax profit rises

2014-08-01 17:00

Pan-African banking group Ecobank says its half year to June pre-tax profit has risen compared to the same period last year.

Lafarge Africa pre-tax profit up

2014-08-01 14:45

Lafarge Africa, a unit of the world's largest cement firm, says its half year profit has risen 29%.

Davies: SA at root of US, Africa trade

2014-08-01 09:55

South Africa has been at the centre of exploring trade opportunities between the United States and Africa, says Trade and Industry Minister Rob Davies.

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.

 

Tanzania challenges Kenya as regional tourism hub

2014-08-28 17:30

Tanzania expects tourist numbers to double by 2017, says the state tourist board, challenging rival Kenya where Islamist attacks have scared away visitors.

Ebola outbreak could hit iron ore production

2014-08-21 16:15

London Mining, has an operating mine in Sierra Leone, has reported a first-half loss saying the outbreak of the deadly Ebola virus could hurt production.

Sub-Saharan Africa middle class growing

2014-08-19 19:45

Sub-Saharan Africa has experienced substantial growth in its middle class over the past 14 years, according to a Standard Bank report.

Sun International reduces African asset stake

2014-08-18 12:29

Sun International has entered into agreements with an international company to dispose of a significant portion of its interests in African assets.

More concern about safe business travel in Africa

2014-08-13 16:42

As business travel in Africa grows, the potential risks of travelling to certain countries in Africa must be considered by businesses, according to an expert.

Ebola survivors can infect others with their sperm

2014-08-13 12:03

Even those who manage to survive Ebola aren't out of the woods, and could worsen the outbreak through their infected bodily fluids.

Govt wants to help SA firms expand in Africa

2014-08-11 11:43

The SA government is committed to supporting the expansion of SA firms into the rest of Africa, according to Minister of Finance Nhlanhla Nene.

IMF ready to help Ghana face challenges

2014-08-10 16:30

The IMF will help Ghana address its current economic challenges, following a formal request by the West African country to open talks for a support programme.

Obama: Time for new Africa, US partnership

2014-08-07 07:00

United States President Barack Obama has called for a partnership of equals between Africa and America.

USB-ED top exec education provider in Botswana

2014-08-06 18:45

USB Executive Development, the executive development and training arm of the University of Stellenbosch Business School, has obtained top honours in Botswana.

Africa haircare a multi-billion dollar industry

2014-08-06 12:17

While still largely based in the informal economy, the African haircare business has become a multi-billion dollar industry that has drawn global giants .

Ecobank made governance progress - Nedbank

2014-08-05 13:00

Pan African lender Ecobank Transnational has made progress in resolving governance problems, says the CEO of its alliance partner Nedbank Group.

Agoa could improve product coverage - Davies

2014-08-05 09:45

Trade and Industry Minister Rob Davies is positive about South Africa's future in the African Growth Opportunity Act following a meeting in Washington.

GE to invest $2bn in Africa

2014-08-04 21:00

General Electric has announced $2bn in new investments in Africa as Washington kicked off the US-Africa Summit, aimed at boosting commercial relations.

Africa frets over jobs - survey

2014-08-04 09:40

Africans see jobs and education as their biggest areas of concern while they also feel their governments need to invest more in agriculture, according to a poll.

Ebola: Liberians dying of ignorance - aid workers

2014-08-02 18:47

More than 300 Liberians have been infected by Ebola, which has been raging in west Africa's forests since the start of the year.

Nene: Nigeria's success a warning to SA

2014-08-01 16:33

The success of Nigeria and other African countries should serve as a warning to South Africa, says Finance Minister Nhlanhla Nene.

SAA adds to travel options in Africa

2014-08-01 12:20

South African Airways is adding to its African flight schedule to offer customers more travel options on the continent.

US: Ebola epidemic won't alter Africa summit plans

2014-07-31 21:58

The Ebola epidemic that has killed more than 700 people in West Africa in seven months will not affect plans for next week's US-Africa summit, the White House says.

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.

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