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WhereIsMyTransport to host CONNECT Hackathons across Africa
WhereIsMyTransport has partnered with Facebook for Developers to host the CONNECT...
World Economic Forum 2018 – impact for South African Investors
It’s that time of year again where more than...
Business acumen key for growing entrepreneurs in South Africa
Running a successful business, especially Small, Medium and Micro...
Top property trends 2018 in South Africa
The year 2017 has been a challenging year for...
JSE continues to lag behind global markets
Over the past five years, local markets returned just...
Burkina Faso hosts first Pan-African democratic governance meeting
Burkina Faso hosted the first Pan-African meeting designed to...
MTN South Africa invested ZAR30 billion in network infrastructure
MTN has invested more than ZAR30 billion (about $2.4...
IFC named top investor in Partech Africa €100 million VC fund
IFC, a member of the World Bank Group, has...
Ramaphosa talks tough against corruption ahead of WEF
South Africa’s deputy president and new leader of the...
Energy stakeholders in Africa to discuss investments opportunities
The Powering Africa: Summit will return for a fourth...

Business

Rio Tinto and Sinosteel extend Channar Mining JV

Saturday, November 25th, 2017

Rio Tinto and Sinosteel extend Channar Mining JV

Rio Tinto and China’s Sinosteel Corporation have agreed to extend their historic Channar Mining Joint Venture. This third extension of the joint venture, confirmed in Beijing by Rio Tinto chief executive J-S Jacques and Sinosteel chairman Xu Siwei, will see an additional 10 million tonnes of iron ore delivered into the joint venture from Western

South African Reserve Bank Repo Rate remains at 6.75%

Thursday, November 23rd, 2017

South African Reserve Bank Repo Rate remains at 6.75%

The Reserve Bank on 23 November 2017 kept the repo rate unchanged at 6.75% per annum, announced South African Reserve Bank Governor, Lesetja Kganyago. “The Monetary Policy Committee (MPC) has decided that it would be prudent to...

Dangote Cement focuses on industrial revolution across Africa

Thursday, November 23rd, 2017

Dangote Cement focuses on industrial revolution across Africa

Dangote Cement Plc, one of Africa’s largest cement company, on 22 November 2017, added fillip to the on-going efforts at economic emancipation of Africa when it formally opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville....

SA REITs makes 12% of the Top 100 Companies

Monday, November 20th, 2017

SA REITs makes 12% of the Top 100 Companies

South African REITs (real estate investment trusts) once again ranked high among the country’s top companies earning the most for shareholders. The sector featured strongly overall in the list of the Top 100 Companies on the Johannesburg Stock...

Afreximbank raises $150 million for Samurai loan facility

Friday, November 17th, 2017

Afreximbank raises $150 million for Samurai loan facility

The African Export-Import Bank (Afreximbank) has successfully completed its first ever Samurai Syndicated Term Loan Facility, raising the equivalent of US$150 million, comprised of two tranches of JPY 6.2 billion and US$100 million. Bank of Tokyo Mitsubishi...

About 90% of imports and exports in Africa driven by sea

Thursday, November 16th, 2017

About 90% of imports and exports in Africa driven by sea

Statistics indicate that 90% of imports and exports in Africa are driven by sea. With a global middle class set to reach 5 billion people by 2030, global trade is set to continue to grow at an...

Ecobank Group Research reveals top 3 emerging trends for Africa

Thursday, November 16th, 2017

Ecobank Group Research reveals top 3 emerging trends for Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched today at AfricaFICC. Indicating a positive outlook for the...

Mastercard and Nigerian business leaders plan to create economic hubs

Wednesday, November 15th, 2017

Mastercard and Nigerian business leaders plan to create economic hubs

With half of Nigeria’s population currently living in cities, it is critical that a development framework is in place to ensure future growth is sustainable. This was a key message highlighted at the Mastercard CEO Conversations dinner...

Nigeria, Senegal and Cape Verde dominate West African hotel chains

Tuesday, November 14th, 2017

Nigeria, Senegal and Cape Verde dominate West African hotel chains

West Africa has been at the heart of the continent’s growth and economic transformation in recent years. Notwithstanding the sharp slowdown experienced in 2016 and 2017, the region’s economy is expected to rebound in 2017 onwards. Commodity-based...

Boeing forecasts $730 billion market for new Airplanes in Middle East

Monday, November 13th, 2017

Boeing forecasts $730 billion market for new Airplanes in Middle East

Boeing forecasts that airlines in the Middle East will need 3 350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during...

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