Oil and Gas in East Africa

It’s happened. The oil/gas/mineral rush is on. Bring out the banners and bunting. Industrialisation and wealth have arrived! Africa’s problems are over! After a stop-start journey in the last five years, the big players have arrived: BG group, KPMG, Royal Dutch Shell, Anadarko, Tullow, Petrobras, Ophir, Origin Oil, Total, BP and Aminex. Even the ‘security [...]

Tanzania: Vodacom offers free limited roaming calls

Vodacom customers in this East African nation can expect some roaming savings when travelling to nine African countries where the mobile phone company and its various partners operates. The countries include South Africa, Mozambique, Lesotho, DRC Congo, Ghana (all Vodafone), Kenya (Safaricom), Rwanda, Uganda (MTN), Uganda (UTL) and Burundi (UCOM). The company annunced today that customers travelling [...]

ACP Heads of States Summit in Equitorial Guinea

The Secretary General of the African Caribbean and Pacific Group of States (ACP) Dr Mohamed Ibn Chambas presented a list of key priorities, which aims to set the tone in the lead up to the ACP Heads of State Summit to be held this December in Equatorial Guinea. Speaking to journalists Friday February 10th, Chambas [...]

Made in Africa Foundation for infrastructural project

African visionary and International designer Ozwald Boateng, has collaborated, it was announced last week, with Nigerian businessman Kola Aluko, and Atlantic Energy Drilling Concepts Limited, to establish a multi-million dollar charitable organisation. The organisation, Made In Africa Foundation, is dedicated to bringing innovative ideas and capital to Africa, whilst also focusing on the first stage [...]

CMO London explores future growth potential

The CEMAC Market Opportunity (CMO) conference that took place at the Grand Connaught Rooms in London in October was led by founding chairman Elizabeth Andony-Traore, and focused on potential investment within the region. The Economic and Monetary Community of Central Africa (CEMAC) is comprised of six countries located in Central Africa; Cameroon, Central African Republic, [...]

South Africa: needing another hero

African National Congress (ANC) Youth League president Julius Malema has been suspended from the party for five years. The youth leader, perennially in the headlines, is still a topic of discussion despite losing his official position. The commentariat is energised as they continue to discuss his downfall and what it means for the ANC and [...]

Kenya: How do we make sense of hate crimes?

If there is one thing that guarantees to unify 85% of Kenyan Citizens, young old, working or not, whatever their tribe, (apparently 85% of the country is Christian) are the events in the church that night in Eldoret. Damian , an established IT consultant in Nairobi says “We struggle to take it in, this level [...]

Libya: Priority is security peacebuilding and democracy

After 42 years of one man’s rule, Libyans are now free from Colonel Gaddafi and his ‘jamahiriya’ regime. It is now expected that multi party democracy will fill the power void left by the leader Ronald Reagan dubbed ‘Mad Dog’, following his killing on October 20. The despot’s defeat came swiftly, following his discovery in [...]

Improved Business Environment in Africa – World Bank

A new joint report by the International Finance Corporation (IFC) and the World Bank was released today, measuring business regulations in 183 worldwide economies. Doing Business in a More Transparent World 2012 is a sage look at economic global developments, and revealed that a number of countries across the African continent are emerging business environments. [...]

New Rich Middle Classes in East Africa

With an estimated population of 130 million, and a projected 30 million strong middle class, the East African Community is booming. The World Bank’s 2010 figures show per capita income figures rising: Kenya Leading with $780 (per annum), followed by Rwanda at $540, Uganda at $490, Tanzania at $530, Burundi at $160. Additionally multinationals are [...]