Election uncertainty kills construction in Nigeria

2015-03-26 15:00

Political uncertainty over Nigeria's election and economic turmoil from low oil prices have delivered a double blow that has slashed revenues and triggered layoffs.

UK gives Zim $72m to help rural farmers

2015-03-20 18:44

The UK has given Zimbabwe $72m to help increase food production by rural farmers over the next four years, as the country faces the prospect of poorer harvests due to inadequate rains.

Investment beats indigenisation - Zim survey

2015-03-20 08:41

A survey shows most Zimbabweans think foreign direct investment has a better chance of reviving the ailing economy than the president's indigenisation programme.

Real estate in Africa in demand

2015-03-19 17:59

Africa’s young population as well as continued urbanisation will drive the demand for real estate on the continent.

Opportunity for those wanting to return to Africa

2015-03-17 12:33

At least 1 000 UK-based African professionals are gathering in London to meet with 25 pan-African employers wanting to woo them home with great opportunities.

Tanzania dreams big with port project

2015-03-15 19:00

Tanzania plans an $11bn project to make it the region's biggest port and an engine of Africa's boom.

Rand rout a blessing in disguise for Zim

2015-03-11 20:06

The falling rand is likely to be a boon to both individuals and Zimbabwean companies but benefits might not filter down to the end consumer, say local analysts.

Africa's oil 'sweet spots' still viable

2015-03-10 19:48

African oil explorers will keep drilling in select locations such as onshore east Africa and less complex projects off the West African coast even with oil at $60 a barrel.

Namibian activists condemn land given to Chinese

2015-03-10 10:30

A group of Namibian youth activists have condemned the government's intention to approve the lease of 10 000 hectares of fertile land to a Chinese company.

Sub-Sahara mobile money at $1.5bn by 2019

2015-03-06 15:55

Sub-Sahara Africans are open to other financial products delivered using mobile phones, including loans and insurance, according to a report.


Nigeria set to beat SA in investor stakes

2015-03-26 13:59

SA's importance as Africa's primary market for international investors is expected to fall over the next five years, while that of Nigeria is set to rise, says a survey.

Worst to come for Zim as nature comes into play

2015-03-20 13:45

With drought on the way and agricultural policy a failure, things can only get worse for the embattled Zimbabwean economy, says Malcom Sharara.

Jhb third-best city to do business in Africa

2015-03-20 07:00

Johannesburg has been ranked the third-best city in Africa in terms of economic opportunity, according to PwC’s inaugural lnto Africa report.

African cities will continue to expand - report

2015-03-18 17:07

Current African cities will continue to expand and new cities will rise across the continent, PwC says.

Zim inflation again in the red

2015-03-16 15:05

Zimbabwe’s inflation for February as measured by the consumer price index stood at -1.40%, a 0.12 percentage point drop on the January rate of -1.28%.

Sawiris to invest $500m in Egypt

2015-03-15 18:30

Top Egyptian businessman Naguib Sawiris is ready to invest $500m in Egypt and diversify his telecoms business.

Zim union petitions parliament over bank collapses

2015-03-11 13:36

With $3m in workers' salaries trapped in closed banks, a Zimbabwean union says the central bank is directly responsible for the country's rash of bank collapses.

Zim economy fragile despite falling oil prices

2015-03-10 13:03

Falling oil prices will help struggling Zimbabwe save as much as $180m, but the IMF says its position remains precarious and the country is in debt distress.

Egypt targets FDI worth $60bn over 4 years

2015-03-08 13:59

Egypt wants to attract foreign direct investments worth $60bn, by among others opening the door through a new electricity bill to private sector investors.

Growing concern over sustainable growth in Africa

2015-03-05 06:00

There is a growing unease about sustainable growth in Africa and whether inclusive growth is created, say experts at an Africa trade summit.

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