AllAfrica News: Investment
In spite of the world economic crisis, the Tunis stock exchange has progressed by 10,7% in 2008 , the third best performance in the world, according to the French news agency AFP.
Tunisia: Stock Exchange Boasts Third Best Growth Among World Bourses
The Managing Director, International Energy Insurance Plc (IEI), Jacob Erhabor, has raised an alarm that the 49 insurance and two reinsurance companies in the country risk being sanctioned over the continuous fall in the prices of shares quoted on the floor of the Nigerian Stock Exchange (NSE).
Nigeria: 'Insurers Risk Sanctions Over Investment Income'
OPPOSITION political party leaders have advised President Yoweri Museveni to support local investors the same way he was helping foreigners.
Uganda: Govt Asked to Support Investments
The prison services will work this year in the relaunch of agricultural and cattle breeding growth points and in factories throughout the country for prisoners' self food supply, Angop learned.
Angola: Prison Services to Invest in Agriculture, Cattle Breeding
Governor Babatunde Raji Fashola (SAN) has assured potential investors in the Lagos Rail Mass Transit (LRMT) projects of the security of their investment. He said the State has a robust legislation on law and order as well as one that secures the culture of civic responsibility.
Nigeria: Fashola Assures Investors of Security of Investment On Lagos Rail Project
The Ministry of Foreign Affairs and Cooperation (MINAFFET) will focus on improving business relations with European countries while minimising the country's dependency on their aid, Foreign Minister, Rosemary Museminali revealed yesterday.
Rwanda: Minaffet to Promote Business Ties Over Aid
THE National Forestry Authority (NFA) is at the centre of growing controversy following the allocation of an acre of land at Nakawa forest reserve to a private investor without competitive bidding.
Uganda: Investor Acquires Forestry Body's Land
If the reported mandate given to the new Minister of Petroleum, Alhaji Rilwan Lukeman by President Umaru Musa Yar'Adua, is to clean up the mess created in the energy sector by former President Olusegun Obasanjo, he will soon find shockers.
Nigeria: Obasanjo's Oil Deals Risk Investment
Managing Director, Lasaco Assurance Plc, Olusola Ladipo-Ajayi, says the fact that majority of banks in Nigeria now own insurance companies as subsidiaries would not affect the growth of insurance or hamper the growth of the industry in any way.
Nigeria: Banks Cannot Snuff Growth of Insurance With Investment
IT is easier to invest in Third World countries like Uganda than investing in the developed world.
Uganda: Third World Easier to Invest in, Says BMK
Tunisia is confirming its reputation as one of the best spots for investing in property. In an online article released on Tuesday, the international property portal Homesgofast.com has predicted that Tunisia is part of the three top places to invest within Africa and the Middle East for 2009.
Tunisia: Country Ranked in Top Three Places to Invest in Africa and the Middle East in 2009
To positively usher in the New Year for millions of Nigerians, Common Sense Training and Seminars Limited, publishers of "The Pathway to Wealth", an inspirational book that deals extensively with wealth creation principles from the Biblical perspectives and Pastor Olumide Emmanuel, its best-selling author, have concluded plans to hold a one-day free finance seminar for interested members of the public on January 1, 2009.
Nigeria: Firm Holds Free Investment Seminar Jan 1
The Independent Shareholders Association of Nigeria (ISAN) has urged investors in the nation's capital market not to sell their share and has assured that the market is a good place for long-term investment.
Nigeria: Investors Urged to Keep Shares for Longer Period
UGANDANS living in the diaspora have been assured of security when they return to invest in the north.
Uganda: North Safe for Investment - Minister
While the bank chiefs and the Central Bank of Nigeria have consistently advised Nigerians to keep faith with the ailing Nigerian Stock Exchange market, an investment adviser is suggesting that Nigerian investors should begin to seek alternative ways of investing their monies for better returns as the bearish trend in the market continues unabated.
Nigeria: Seek Alternative Investments Outside Stock Market, Investors Told
The Presidential investors' roundtable held at Urugwiro Village yesterday predominantly focused on issues to do with doing business and private sector development in the country.
Rwanda: Captains of Industry Meet Kagame on Development
The Nigeria Stock Exchange (NSE) is to handover stock broking scams to the Economic and Financial Crimes Commission (EFCC) for investigation and prosecution, as part of efforts to curtail illegal financial activities.
Nigeria: EFCC to Investigate Stock Broking Scams
THIS column will be the last this year, an appropriate time for a brief review of the Private Investor portfolio.
South Africa: Year-End Check-Up of the Portfolio
The New Juaben Municipal Teachers Savings Association has, as at June 30 this year, invested a total amount of GHA¢ 338,305.64 in 12 companies listed on the Ghana Stock Exchange.
Ghana: New Juaben Teachers Savings Association Makes Modest Gains
The announcement this week by members of the Rwanda Diaspora Global Network (RDGN), of their intention to set up an annual investment fund, is most welcome if not overdue.
Rwanda: Diaspora to Invest in Development
An expert in Nigeria's financial landscape capital market, Mr. Albert Okumagba has predicted a full recovery of the nation's capital market within the first quarter of next year.
Nigeria: Expert Predicts Capital Market Rejuvenation By First Quarter 2009
LAST week Hudaco Industries, one of the companies invested in by the Private Investor portfolio, published a trading update for the financial year to November 30. On expected growth in normalised headline earnings per share of between 30% -35% and between 50% -60% in headline earnings per share, its share price rose from R57,55 ahead of the update to a closing price last Friday of R62,99.
South Africa: Hudaco's Update Confirms Its Value
MORE than a year after the Public Investment Corporation (PIC), SA's largest shareholder, put out a tender for asset managers to handle more than R90bn, there are still no winners.
South Africa: PIC Still Has No Asset Manager for R90 Billion
Determined to tackle poverty headlong in the state, Niger State government has set aside, N700 million to boost investment opportunities in the state through the establishment of micro- finance banks. The state governor, Dr. Babangida Aliyu disclosed this in Minna at the weekend at a seminar on, "Economic Empowerment Through Micro- Finance And Other Investments Opportunities," organised by the Niger State Government in collaboration with the Central Bank of Nigeria.
Nigeria: Governor Aliyu Earmarks N700 Million to Boost Investment
Members of the Rwandan Diaspora have agreed to raise an annual investment fund through their umbrella association, Rwanda Diaspora Global Network (RDGN) which they will sink into several development projects in the country in a bid to contribute to national development.
Rwanda: Investment Fund in the Pipeline
Ahead of its December 31, 2008 closing date, there were indications at the weekend that the ongoing initial public offering (IPO) of Honeywell Flour Mills has begun to attract interest from key institutional investors and fund managers in Southern Africa and Western Europe.
Nigeria: Honeywell Flour IPO Attracts Foreign Investors
THE Vice President, Gilbert Bukenya, led a group of investors from South Korea to visit Teso fruit growers recently.
Uganda: VP, Investors Visit Teso Farmers
The highly influential Standard & Poor's Ratings Services yesterday assigned its 'ngAA+' long-term and 'ngA-1' short-term ratings to Nigeria.
Nigeria: Nation Given Top Credit Rating
Sudan is hoping to use foreign cash to reinvigorate its under-performing agricultural sector, but there is growing disagreement over the extent to which outsiders, rather than local farmers, should be taking control of the industry.
Sudan: Can Local Investors Beat Foreign Investment?
Barely a week following the arrival of Seaboard Corporation with an initial investment of US30million, another company has arrived in the country with a huge investment package.
Liberia: U.S.$2.6 Billion Investment for Bong Mines