The Central Bank governor has challenged banks in the East African region to expand, in order to fast track the implementation of the East African Community.
‘We are seeing an opportunity of more than 126 million people across the community. It is a bigger market to offer services, and much more, a pool of expertise. Let’s [...]
Investors in the mobile phone sector are likely to get quick returns for their money if they choose the African continent a new survey by telecoms infrastructure firm Ericsson shows.
The survey notes that there is a surge in mobile phone usage in African countries, which has pushed the global subscription to the five billion mark.
It [...]
On 8-10 November the African democracy institute Idasa will hold a conference in Nairobi, Kenya. It regards ‘Governance and Small-Scale Agriculture in West Africa’ and it will examine how governance and public investment processes are shaping small-scale agriculture in the region.
This conference is a proceeds the 2009 Idasa conference regarding small-scale agriculture in Southern Africa, [...]
Africa has $1.7 trillion of potential wealth and production in areas such as agriculture, tourism and water, a study showed on Wednesday, pointing to new investment areas that stretch beyond commodities.
The study by investment research firms Africa Investor and The Africa Group said the potential represented an additional market size of $762.4 billion.
GDP [...]
South Africa’s tourism minister Marthinus van Schalkwyk, Tuesday 8th May, talked to business partners in London about the impacts and opportunities that big events like the soccer World Cup can bring to tourism. The meeting was organised by Visa, the payments technology company, which is also sponsoring a new Portal of Tourism specialising on mega [...]
An ambitious plan to share the proceeds of the country’s oil wealth with its people is underway. The Nigerian Oil and Gas Industry Development Bill, also known as the Local Content Bill, would include regulations for the activities of multinationals, bringing more indigenous activity into the sector and addressing issues of unemployment and unrest in [...]
Burkina Faso
African leaders met to discuss their positions on climate change just two months before a crucial UN summit in Copenhagen.
The forum was held last week in the country’s capital Ouagadougou and concluded that billions of dollars will be needed to cope with the impact of global warming on the continent.
Salifou Sawadogo, Burkina Faso’s environment [...]
The UN has warned that more international effort is needed to cope with global hunger.
The annual report published Wed 14th October by the UN’s food and agriculture organisation (FAO) and the world food programme (WFP) reveals that 1.02 billion people – representing a sixth of the world’s population – are undernourished worldwide in ‘09.
This means [...]
President Jacob Zuma of South Africa is leading calls for the creation of a new global financial architecture that will have the capacity to insulate more vulnerable countries in the developing world in the future from the maelstrom caused by the present financial crisis.
In his address at the XV Non-Aligned Movement (NAM) summit in the [...]
Ghana:
A $15 million refinery to process gold locally is said to take off by the last quarter of this year.
The refinery to be constructed by CC global investments at Spintex road in the capital, Accra is promised to be the biggest refinery in the West African sub-region.
Chief executive officer of CC global investments Dr Mustapha [...]
