Africa Business Communities


Last update06:00:30 PM

17/04/2014, 17:38
hp-anti-counterfeiting-africa-conference-impacts-on-corporate-worldThe zeal by Hewlett-Packard Company (HP), a US based multinational information technology corporation, to fight the nightmarish problem of the global counterfeiting of its products, is being sustained by constant education of the corporate world.Almost on daily basis HP keeps on updating organisations across the globe on the negative effects of counterfeiting of its products through a number of...Read More
17/04/2014, 18:00
Transnational Corp. of Nigeria Plc, which has interests in industries ranging from agriculture to oil, plans to raise as much as $1 billion to build power plants as it seeks to triple profit in...Read More
17/04/2014, 17:58
Exim Bank Tanzania Limited has embarked on implementing its Vision 2016 that seeks to double its balance sheet and increase market share in deposits by 2016.Being the sixth largest bank in the country in...Read More
17/04/2014, 17:58
Ivory Coast will sell US$500 million of Eurobonds before the end of next month, its first issue on the international market since a default more than three years ago, Prime Minister Daniel Kablan Duncan...Read More
17/04/2014, 17:56
Vodacom Tanzania and Total Tanzania Limited have launched a partnership which will enable motorists to refuel their vehicles and pay via M-Pesa.Speaking at the launch yesterday in Dar es Salaam Vodacom...Read More
17/04/2014, 17:55
An indigenous oil servicing company, Tolmann Allied Services, has opened a Deepwater Simulation Theatre (DST), which is the first of its kind in Africa and third in the world.The unveiling, which was done...Read More
17/04/2014, 17:53
Exploration companies banked so much on Morocco that they drilled three wells in the country between late 2013 and mid-March 2014. The fourth is currently underway. It’s an unusually high drilling...Read More
17/04/2014, 17:52
Superior Milling Company which has resolved to buy 80,000 tonnes of maize from local farmers this harvest season, will soon launch new maize meal products on the local market. The Company which this...Read More
17/04/2014, 17:52
Bulk Oil Storage and Transportation (BOST) Company Limited, says its decision to outsource the operations of its terminals to TSL-Ghana and not to the Bulk Distribution Companies (BDC) was to avoid...Read More
17/04/2014, 17:51
There were 31 rigs active on 32 locations in Nigeria’s Niger Delta basin in February 2014, a 27% drop from 43 rigs active on as many locations August 2013, six months earlier. Shell Nigeria’s drilling...Read More
17/04/2014, 17:49
A group of Sub-Saharan African leaders have pledged to work harder to reach 325 million people on the continent without safe water and 644 million without basic toilets. Around 20 countries, including 14...Read More
17/04/2014, 17:48
Facebook is just 'weeks away' from getting an e-money license in Ireland. According to the Financial Times, Facebook is just 'weeks away' from getting an e-money license in Ireland that would allow its...Read More
17/04/2014, 17:44
After a series of delays and technical problems affecting the whole value chain, the state-owned petroleum company's new chief executive promises lift-off in July.Oil and gas – the great game changers –...Read More
17/04/2014, 17:43
Nigeria got a total of $21 billion as home remittances flows from Nigerians living abroad in 2013.This puts the country as the fifth largest recipient of foreign remittances among developing countries...Read More
17/04/2014, 17:42
TOTAL and its joint venture partners will spend $16Billion, as Capital Expenditure cost on the Kaombo Ultradeepwater project off Angola. The fields are planned to come online by 2017. The French major...Read More
17/04/2014, 17:40
Ghana on Wednesday signed an economic agreement with Turkey to enhance trade between the two countries. The agreement was in the areas of trade, investment, energy, human security, science and...Read More
16/04/2014, 16:11
Trade is a key component to sustainable development, but the current level of Gambian exports at about D4 billion for 2013 out of a provisional total trade value of D16 billion, is very low and this...Read More
16/04/2014, 16:10
Nigeria says it is prepared to host the World Economic Forum on Africa in May, despite growing insecurity, as the threat posed by extreme Islamist group, Boko Haram continues to grow.Boko Haram, an...Read More
16/04/2014, 16:08
The Bank of Ghana will issue a 400 million cedi ($143.8 million) three-year government bond on April 24, with part of the issue intended to roll-over maturing debt, deputy head of the treasury Collins...Read More
16/04/2014, 16:07
If there's one business in Zimbabwe that is bouncy despite economic decline, it is the production of synthetic hair products.Hair extensions are one of the most popular current fashion and hairstyle...Read More
16/04/2014, 16:05
U.S. Ambassador Deborah Malac officially launched construction of a 'feeder road' from Bahn-Payee-Zuoplay, calling the groundbreaking ceremony the beginning of a major commitment by the U.S. Government to...Read More
16/04/2014, 16:04
As a strike action in South Africa's mining sector enters its 12th week, Sibanye Gold has expressed interest in a "material" acquisition in platinum mining by the end of this year as it seeks to diversify...Read More
16/04/2014, 16:03
The International Operations and Business Development Officer of Seaweld Engineering, a wholly Ghanaian owned Oil and Gas Company, Michael Avorkliya, says Ghana has great potential in the oil and gas...Read More
16/04/2014, 16:03
Minister of Finance Hani Qadri said on Tuesday 15/4/2014 that the government works on rebuilding confidence in the Egyptian economy through the creation of institutional infrastructure that soundly manage...Read More
16/04/2014, 16:02
Dimension Data, the USD 5.8 billion global ICT solutions and services provider, today announced it has increased its presence in West Africa and opened an office in Ghana. The Group has been operating in...Read More
16/04/2014, 15:59
Jomo Kenyatta International Airport is set for a major facelift in a few years time as various construction projects get underway. The airport which has over the years undergone a series of touch-ups...Read More
16/04/2014, 15:59
Ghana’s remarkable growth story remains a big inspiration to international investors. However, compared to three years ago, confidence in the country’s economy is tempered with caution as investors watch...Read More
16/04/2014, 15:58
Prime Minister Ibrahim Mahlab discussed with Jordan's Minister of energy and mineral resources Mohamed Mossa Hamed ways of boosting bilateral cooperation in the fields of energy, oil and gas.They...Read More
11/04/2014, 17:16
AS part of realizing the Big Results Now (BRN) initiative in the agriculture sector, the government plans to promote 25 commercial farming deals and enhance 78 smallholder rice irrigation schemes...Read More
11/04/2014, 17:15
Angolan government has decided to create the information and communication technologies offices in all ministerial departments and private networks to ensure development of various services.The fact was...Read More
11/04/2014, 17:13
With savings worth Shs 7 billion, the police's savings and credit cooperative scheme, (Exodus Sacco), is only second to the army's in size, in the entire country. And now the force wants to make a...Read More
11/04/2014, 17:11
The Kisii government will spend Sh57 million to put up 288 fish ponds, Agriculture executive Vincent Sagwe has said. He said the fish farming project will boos food security and improve farmers'...Read More
11/04/2014, 17:10
Education for learners in about 50 schools in the JT Gaetsewe District Municipality in the Northern Cape is set to become more interesting, thanks to the introduction of wireless network in the...Read More
11/04/2014, 17:09
The adoption of the multi-currency system in 2009 could not have come at a more opportune time, as it halted capital erosion due to hyperinflation and reopened the economy to potential...Read More
08/04/2014, 15:42
Nigeria has overtaken South Africa as Africa's largest economy after a rebasing calculation nearly doubled its gross domestic product, data from the statistics office showed on Sunday. GDP for 2013 in...Read More
08/04/2014, 15:41
President John Mahama and his Colombian counterpart, President Juan Manuel Santos, met on Monday on the margins of the 7th Session of the World Urban Forum. The Forum was officially opened by the...Read More