AllAfrica News: Investment
Political risks to investment are easing gradually across Africa, making it easier to tap into the continent's robust growth, Africa's top private equity investor Emerging Capital Partners (ECP) has said.
Africa: Investor Sees Africa Risks Easing, Plenty of Growth
Tullow Oil's Ngiri-2 appraisal well in the Butiaba Block 1 has encountered more than 40 meters of net oil bearing reservoir, the thickest oil pay so far encountered in the Butiaba area.
Uganda: Company Finds More Oil
Indian billionaire Mukesh Ambani, who is Asia's richest man, has joined the race to buy the assets of the British Petroleum (BP) Company in Tanzania and three other African countries.
Tanzania: Asia's Richest Person Bids For BP Tanzania
Passing a new constitution will attract foreign investment in the country, Vice-President Kalonzo Musyoka has said.
Kenya: Passing New Law to 'Attract Direct Investment'
Four members of a consortium of Irish building experts have arrived Abuja from Dublin to engage the Federal Capital Territory Administration (FCTA) and the management of Abuja Investment Company Limited in the construction of public toilets and mass housing estates in the FCT on Public Private Partnership (PPP).
Nigeria: Irish Firm Set to Invest in FCT
Kenya is losing the battle for foreign direct investments (FDI) to Uganda and Tanzania as heightened political tensions and restrictions on foreign ownership in some sectors turn away multinationals.
Kenya: Country Loses the Battle for FDI to Uganda, Tanzania
THE listing of Redefine International on the JSE at the end of next month is expected to provide a rand hedge opportunity for South African investors without them having to use their foreign allowance.
South Africa: Offshore Property Offers Rand Hedge
In a bid to step up investments, the five East African Community (EAC) member states attracted projects worth $2b in 2009, according to the annual World Investment Report (WIR) for the year 2010.
East Africa: Regional Bloc Attracts U.S.$2 Billion in Invesments
ECONOMIC records indicate that China posted a 17.7 per cent rise in exports in December 2009 further overtaking Germany as the world's biggest exporter.
Africa: A Closer Look at Selfless Chinese Investment in Country
African Agricultural Capital (AAC), is seeking to consolidate its capital base with a $25 million funding from international investors interested in both financial and social returns from Africa's budding agricultural sector.
East Africa: East African Agri-Businesses Next Stop for Private Equity
They have mandates to stimulate local and foreign investments in the country.
Cameroon: SNI, API - Necessary Channels For Investment Promotion
There has been improvement in existing rules and policies though fruits are yet to be visible.
Cameroon: Gov't Overhauls Investment Lobbying Strategy
Outgoing Zimbabwean Ambassador to South Africa Simon Khaya Moyo says Zimbabwe is ready to assist South Africans who want to invest in the country.
Zimbabwe: Government Ready to Assist South African Investors - Moyo
Dyer & Blair Investment Bank has moved to the profit zone in the first half helped by increased activity at the Nairobi Stock Exchange (NSE), highlighting the marked profitability among investment banks and stockbrokers on the changing fortunes.
Kenya: Increased Activity Lifts Stockbrokers From Losses Zone
The continued investment into Zambia by Chinese firms should by now convince critics that investors from the giant Asian country are serious about setting up business here.
Zambia: Chinese Investment Is Serious
VICE-President George Kunda has called for more Chinese investments in Zambia, saying there are still many areas in the economy that need massive investments.
Zambia: VP Woos More Chinese Investors
INSURANCE and investment services provider Sanlam yesterday launched a service that lets customers trade foreign shares online.
South Africa: Trade in Foreign Stocks Now Online
A major Portuguese bank, the Banco Espirito Santo (BES), on Monday closed the deal to purchase 25.1 per cent of the shares in Moza Banco, one of the youngest of Mozambique's banks, set up in 2008.
Mozambique: Portuguese Bank Takes Share of Moza Banco
World biggest oil consumer, the United States of America, at the weekend, threw its weight behind Abuja over the Nigeria's efforts to reform its petroleum sector.
Nigeria: PIB - U.S. Throws Weight Behind FG - As U.S. Reassures of Continuous Investment
Ghana will from today play host to the three-day International Tourism Investment Forum (ITIF) under the theme 'Ghana - Time to Explore: The Role of the Investor in the Tourism Sector,' the Tourism Minister, Mrs. Zita Okaikoi has announced.
Ghana: Tourism Minister Unveils Tourism Investment Forum
Nigeria's Foreign Direct Investment (FDI) in year 2009 dropped to $6bn as against $20bn in 2008, according to the 2010 World Investment Report.
Nigeria: FDI Declines to U.S.$6 Billion in 2009
Nigeria Agip and Natural Resources (NAER) and Allied Energy Plc have concluded plans to make additional investment of $1billion (about N150 billion) in the power sector to double the electricity generation capacity of Okpai, first Independent Power Plant (IPP) located in Delta State.
Nigeria: Power Supply - Allied Energy to Double Power Generation Capacity
Rice production in the country received a major boost on Monday after the Japanese government extended a loan for constructing irrigation and drainage facilities at the Mwea Irrigation scheme.
Kenya: Sh14 Billion Cash Boost to Help Seal Yawning Rice Output Gap
Ghana's quest to reduce traffic congestion in the capital city has been given a major boost, with the implementation of the Accra Monorail project. The project, which is being undertaken by the Intercontinental Commerce Corporation (ICC), a USA firm, is estimated to cost $1.5billion.
Ghana: ICC to Invest U.S.$1.5 Billion Into Accra Monorail Project, Provides Over 15,000 Jobs
Of all things that private equity funds in East Africa would want to ease their operations, a secondary capital market for SMEs ranks top.
East Africa: A Case for a Secondary Capital Market for SMEs
Investment management firm PineBridge anticipates more investments in Uganda despite the July 11, bomb blasts that struck Kampala.
Uganda: 'Investment to Grow Despite Terror Attacks'
The Ministry of Agriculture, Water and Forestry (MAWF), in conjunction with the Ministry of Trade and Industry and the Namibia Manufacturer's Association will later this year host an agriculture investment conference, the first of its kind in Namibia.
Namibia: Agriculture Investment Conference Launched
Victor Anya Laments the Futility of Nigerian Leaders Wasting Resources On Foreign Travel in Search of Investors, When They Have Failed to Provide an Environment in the Country to Attract Investments...
Nigeria: Where Are the Foreign Investors?
TANZANIA has continued to impress in attracting Foreign Direct Investment (FDI) in the East African Community (EAC) and is now ranked second after Uganda.
East Africa: Tanzania Ranks Second in Foreign Investment in Region
Health care providers and investors looking for markets to invest and expand are fortunate to have $11b (sh23 trillions) to $20b (sh42 trillions) waiting for them in sub-Saharan Africa.
Uganda: Trillions of Shillings Await Health Sector