For this Company, Africa is Now a $4 Billion Business and Growing
Seven of GE’s top leaders have travelled to key African markets so far this year, signaling GE’s strong commitment to Africa. GE remains committed to partnerships which further develop Africa’s rich potential, particularly in oil & gas, power, and mining, as well as other sectors. Here’s what they say about Africa, in seven punchy soundbites. […]
Get To Know Yasmin Belo-Osagie, Co-Founder of African Woman-Led Enterprise, She Leads Africa
A team of savvy, African women entrepreneurs are leading a movement to empower women in the Diaspora to transform their ideas to profit—one business at a time. She Leads Africa (SLA) is a women’s social enterprise based in Nigeria, seeking to address challenges women on the continent face in creating, growing, and sustaining their businesses […]
General Electric leads the creation of a joint venture with Mara Group and Atlas Merchant Capital to benefit African infrastructure
General Electric together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector. The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa. With the African population set to rise to 1.5bn […]
Revitalisation of Tanzania-Zambia Railway line (TAZARA) is of utmost priority to Tanzania
Revitalisation of the once-thriving Tanzania-Zambia Railway line (TAZARA) is of utmost priority to the government of Tanzania given the fact that despite its huge potential, the railroad has been underperforming due to a number of reasons. The Chief Secretary, Ambassador John Kijazi, made the commitment on Monday, stressing that the government of Tanzania believes challenges […]
SAP Opens New Offices in Morocco
As further evidence of its commitment to driving digital transformation on the African continent and the company’s expansion across focus territories, SAP Africa announced the official opening of its new office in Casablanca, Morocco. The office opening coincided with the 2016 SAP Africa Francophone Partner Forum event in Casablanca where approximately 100 SAP partners attended. […]
Uganda – Tanzania Tanga Pipeline to Take More Than Just Oil to Sea
Officials from Uganda and Tanzania will in the coming days meet to fine-tune the work plan for the development of the proposed Shs11 trillion crude oil export pipeline. The 1,400km pipeline will run from Hoima District in the Albertine Graben through Masaka and Mutukula in Uganda to Bukoba, Biharamulo, Shinyanga, and finally to the Indian […]
South Africa Gets Investment Awards at the Annual Investor Meeting in Dubai
The Deputy Minister of the Department of Trade and Industry, Mr Mzwandile Masina is leading a delegation to the Annual Investor Meeting (AIM) which is hosted under the patronage Sheik Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. he AIM conference focuses on Foreign Directives Investment (FDI) attractiveness, best […]
Hotel Development Booming in Africa as Planned Rooms Jump to 64,000
The number of planned hotel rooms in Africa has soared to 64,000 in 365 hotels, up almost 30% on the previous year, according to new figures from the annual W Hospitality Group Hotel Chain Development Pipeline Survey. The increase is largely down to strong growth in sub-Saharan Africa, which is up 42.1% on 2015 and […]
Kenya Cancels $1 Billion Kenyatta International Airport Project
Kenya has cancelled plans to construct a greenfield terminal that was billed to turn its Jomo Kenyatta International Airport into a world class facility, citing rising costs. President Uhuru Kenyatta launched the $650 million terminal project for Jomo Kenyatta International Airport (JKIA) in December 2013, but its cost is said to have risen to about […]
World Bank to Help Rebuild Nigeria’s North East With U.S.$800 Million
The World Bank is setting aside $800 million in support of the rebuilding of infrastructure devastated by years of Boko Haram insurgency in the North East. The United Nations (UN) Resident and Humanitarian Coordinator, Fatma Samoura, who disclosed this Thursday, stated that the global body was increasing its presence in Borno State and other North […]
