DHL, a unit of German Post, has been operating in Zimbabwe since independence in 1980. Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial indigenisation policy had been scrapped. The Minister of ICT, Postal and Courier Services Supa Mandiwanzira told journalists after a […]
Tag: investment
Ethiopia: Investing in Energy – Promising Development
In order to meet the rising demand of electricity, Ethiopia has continued cultivating its immense potential of renewable energy sources such as hydro power, wind, solar energy and geothermal energy. The nation is the source of several river basins that are helpful to develop electric power- clean power generation. For instance, the Nile, the longest […]
Investment Firm Sanlam dialling up on Africa after 63% rise in emerging markets volumes
South Africa will still account for more than half of Sanlam’s profits within four to five years, but its contribution will decline from about 65% now as the group builds its businesses in emerging markets, particularly Africa. “We are dialling up on Africa,” Sanlam CEO Ian Kirk said in an interview last week, following the […]
South Africa’s demise is an affront to the memory of Nelson Mandela
South African President Jacob Zuma Not since OJ Simpson was charged with murder has a trial captivated global media quite like that of Oscar Pistorius. The former paralympian’s murder of Reeva Steenkamp, his girlfriend, has prompted remarkable scenes inside and outside the North Gauteng High Court in Pretoria where his sentencing will soon be complete. […]
Inside 4Di Capital’s new R256m fund
MMI Holdings has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology start-ups, both in South Africa and worldwide. By Duncan McLeod. Justin Stanford MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the […]
Q&A: Why Morocco’s renewable energy future looks bright
Morocco’s Noor solar plant is set to be the world’s largest. African Business Review speaks to Adama Moussa, Power Engineer and Olivier-Joseph Breteche, Principal Country Officer at the African Development Bank (AfDB) who explore how the first part of the project was delivered, and the impact that it will have. What role did the AfDB […]
Q&A: Why Morocco’s renewable energy future looks bright
Morocco’s Noor solar plant is set to be the world’s largest. African Business Review speaks to Adama Moussa, Power Engineer and Olivier-Joseph Breteche, Principal Country Officer at the African Development Bank (AfDB) who explore how the first part of the project was delivered, and the impact that it will have. What role did the AfDB […]
Zim, SA open for deeper economic co-operation
President Robert Mugabe’s visit to South Africa earlier this month (April 7-9) marked the second state visit to the republic in 21 years. His last state visit was in 1994. While a number of issues were on the agenda, it is clear that discussions on bilateral and regional economic co-operation took centre stage. Nesbert Ruwo/Jotham […]
Partners call for more robust action on climate agreement for Africa
Finance Ministers and Central Bank Governors from CFA franc ECOWAS member-states and the CEMAC bloc (Economic Community of West African States and Central African Economic and Monetary Community), have called for rigorous efforts towards environmental challenges and development funding viabilities for climate change. Climate change This is a prelude to the forthcoming United Nations Climate […]
Rapid West African growth makes issued debt manageable
Rapid economic growth in West Africa’s CFA-franc zone will keep debt loads manageable despite a recent wave of heavy borrowing by governments, the governor of the regional central bank told Reuters. The Economic and Monetary Union of West Africa (UEMOA) plans to issue 2,865 billion CFA francs ($4.9 billion) in debt this year, down 22.4 […]