investments

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Minister Unveils New Shopping Centre
[ANGOP] Luanda - The Angolan Trade minister Maria Idalina Valente Thursday in Luanda inaugurated a commercial infrastructure of the "Nosso Centro" network in Samba district, Luanda.
AllAfrica | 18-May-2012 10:08

Argentina's Credit to Benefit Business People
[ANGOP] Luanda - A credit line of about USD100 million aimed at boosting cooperation between Angolan and Argentinean entrepreneurs will bring about several benefits regarding cooperation between the two States.
AllAfrica | 18-May-2012 10:08

Uganda: Oil, Energy Attract More Cash, Jobs
[Observer] Prospects within Uganda's oil and energy sector continue to attract foreign interest, with the Uganda Investment Authority noting that a new crop of foreign investors - together with other players eying sectors like forestry - were licensed in the first quarter of this year, and are to create more than 6,000 jobs.
AllAfrica | 18-May-2012 06:10

South Sudan: Nation Faces Transparency Test in Pursuing Oil-Backed Financing
[Global Witness] South Sudan must exercise caution and total transparency in pursuing oil-backed financing, said Global Witness today. The detailed publication of any loan agreement will be critical in preventing exploitative terms, corruption, and mismanagement from undermining immediate benefits.
AllAfrica | 17-May-2012 22:41

São Tomé and Príncipe: IMF Reaches Agreement On U.S. $3.97 Million ECF-Supported Program
[IMF] A team from the International Monetary Fund (IMF), led by Mr. Ricardo Velloso, visited São Tomé and Príncipe during May 4-17, 2012, to discuss a medium-term economic program that could be supported by the IMF under the Extended Credit Facility (ECF). [1]
AllAfrica | 17-May-2012 18:00

Emerging Market Giants Eye Nation
[Independent] Uganda recorded US$806.6 million in planned investments for the first quarter of 2012, compared to $223.3million in the last quarter of 2011 according to the country's investment authority.
AllAfrica | 17-May-2012 17:26

Gabon: President's Visit to Promote Nation as Investment Destination
[Office of the President of Gabon] London, 16th of March 2012 - The President of the Gabonese Republic, Ali Bongo Ondimba, will visit the United Kingdom from May 17 to 19.
AllAfrica | 17-May-2012 16:40

Gov't Continues to Back Eskom's Investments in Coal
[Greenpeace] It was announced yesterday that Eskom's funding plan to 2017 had been approved. The utility company will spend R201.6 billion over the coming period, with R65 billlion budgeted for this year.
AllAfrica | 17-May-2012 16:28

Africa: MCC Investments Contribute to Food Security (Fact Sheet)
[State Department] Fact Sheet: MCC Investments Contribute to Long-Term Food Security
AllAfrica | 17-May-2012 15:30

Poverty - How the Other Half Live
[iMaverick] Loan sharks and micro-finance offices have mushroomed in South Africa's inner-city centres. The lure is attractive - borrow R10,000 and create your dream life by growing your business. But in a country where half the population lives in poverty and much more live in debt, a greater understanding of how they use money could lead to more appropriate financial services.
AllAfrica | 17-May-2012 13:03

South Africa: The Death of the Retainer
[Biz-Community] Retainer has become an ugly word... say the word "retainer" in a client meeting and you feel the temperature drop, eyes are averted and you know you just said something wrong. Once retainers were the only ways that agencies operated; now it seems that fewer and fewer clients are willing to commit themselves to one agency for an extended period of time.
AllAfrica | 17-May-2012 12:05

Nigeria: 27 Japanese Firms in Country for Investment - Minister
[Daily Trust] About 27 Japanese firms met the Minister of State for Trade and Investment, Dr Samuel Ortom on Tuesday to discuss the possibility of investing in the Nigerian economy.
AllAfrica | 17-May-2012 09:30

Nigeria: Sterling Assures Investors On Higher Returns
[This Day] Chairman of Sterling Bank Plc, Alhaji Sulaiman Adegunwa, has assured shareholders of the bank that the benefits from the recent acquisition of Equitorial Trust Bank and the consolidation and focus of the bank on core commercial banking would lead to growth in the years ahead and fetch them higher returns.
AllAfrica | 17-May-2012 09:29

Africa: More Nations Hit Agricultural Investment Target
[SciDev.Net] Nairobi - The number of African countries delivering on the Maputo Declaration to boost investment into agricultural and rural development to ten per cent of their national budgets is growing, a conference in Kenya has heard.
AllAfrica | 17-May-2012 08:01

Mozambique: Viettel Announces Launch of Mobile Network
[African Press Organization] MAPUTO, Mozambique, May 16, 2012 - On May 15, 2012, Viettel announced in in Maputo, Mozambique, the official launch of Movitel - the group's first mobile network in Africa to join its already flourishing networks in Asia and Latin America.
AllAfrica | 16-May-2012 19:49

Africa: Continent to Attract More Investment
[Ghanaian Chronicle] Mr. Clifford Sacks, Chief Executive Officer, Africa, Renaissance Capital, says Africa will be the investment success story of the next decade, since the continent, as an emerging market, was attracting unprecedented attention, as capital shifts from developed to growth markets.
AllAfrica | 16-May-2012 15:16

Zimbabwe: No End in Sight to IPO Drought
[The Herald] IMARA Zimbabwe recently predicted a flurry of corporate restructuring in the country and foreign investors took a very keen interest in this development. Due to lack of funding in the economy, foreign investors with deep pockets need to start taking positions.
AllAfrica | 16-May-2012 13:08

Two-Day Summit On Customer Experience Management
[Biz-Community] The invitation-only two-day Customer Experience Management (CEM) Africa Summit, hosted by Kinetic Events, will be held in Cape Town at 15 on Orange from 2-3 August 2012. Alan Winde, minister for Finance, Economic Development and Tourism in the Western Cape will open the summit.
AllAfrica | 16-May-2012 11:12

Marketing Excellence Awards - Call for Nominations
[Biz-Community] Bizcommunity.com and the African Access National Business Awards have partnered to celebrate South African companies that have implemented outstanding marketing strategies. Nominations for the Marketing Excellence Award are invited from Bizcommunity.com readers.
AllAfrica | 16-May-2012 11:12

South Africa: Real Estate Legislation Can Impact On Investors
[Biz-Community] South Africa has some interesting new real estate legislation that is destined to make an impact on how investors and property owners operate within the sector. This is according to Attie Pretorius, director and head of the national real estate practice at Cliffe Dekker Hofmeyr business law firm.
AllAfrica | 16-May-2012 11:09

Zimbabwe: Witnesses Give Account of U.S.$2 Billion Investment Bungling
[The Herald] The high-profile diamond trial continued at the High Court yesterday with a key State witness giving an account of how the US$2 billion diamond investment deal was bungled. In his testimony yesterday, Zimbabwe Mining Development Corporation chairman, Mr Godwills Masimirembwa, said Zimbabwe lost US$2 billion investment because the Core Mining and Marange Resources diamond mining venture excluded the principal investor Benny Steinmeitz Group Resources.
AllAfrica | 16-May-2012 11:07

South Africa: To Get a Bigger Piece of the Pie, You Need a Cookie
[Biz-Community] Data about customers is perhaps one of the most fiercely contested and important resources in today's marketing environment. Everyone wants it, customers are wary of sharing it, and yet few marketers are really using it to its full potential.
AllAfrica | 16-May-2012 09:56

Nigeria: Vice President Receives Japanese Trade Delegation, Urges Investment in Agric Sector
[Nigeria First] The Vice President, Arc Mohammed Namadi Sambo has said that Nigeria has over eighty five million (85 million) hectares of arable land yet to be cultivated.
AllAfrica | 16-May-2012 08:51

South Sudan: One-Stop Shop Investment Centre Opens in Juba
[GoSS] Juba - The International Finance Corporation's (IFC) Executive Vice President and CEO Mr. Lars H. Thunell last Friday witnessed the opening of a one-stop shop investment centre in Juba.
AllAfrica | 16-May-2012 05:32

Senegal: Statement By the IMF Mission in Country
[IMF] An International Monetary Fund (IMF) mission headed by Mr. Hervé Joly visited Senegal May 2-15, 2012 to conduct the third review of the three-year arrangement under the Policy Support Instrument (PSI), approved in December 2010. Members of the mission met with the President of the Republic, the Prime Minister, and the Ministers of Economy and Finance and of Energy, as well as representatives of the BCEAO, other senior government officials, and representatives of the private sector, civil society, an
AllAfrica | 15-May-2012 22:56

South Sudan: World Bank Loan to Develop Ultra Modern Office Tower in Juba
[UAP Holdings Ltd.] Juba - UAP Holdings Limited, through its South Sudan Property Company, UAP Properties Limited, has signed a US$5 million loan financing agreement with the International Finance Corporation (IFC), a member of the World Bank Group, for the development of Equatoria Tower, a 12 storey, ultra-modern, landmark commercial office development in Juba, South Sudan.
AllAfrica | 15-May-2012 15:56

Investments Help Protect Future Pensions
[The Herald] FBC Holdings recently presented NSSA with a dividend cheque for more than US$600 000.
AllAfrica | 15-May-2012 15:51

Mauritania: Statement By IMF Staff Mission in Country
[IMF] A mission of the International Monetary Fund (IMF) led by Mr. Amine Mati, visited Nouakchott from April 29 to May 14, 2012 to conduct discussions related to the fourth review of Mauritania's arrangement under the Extended Credit Facility (ECF) (1) and consultations under Article IV of the IMF Articles of Agreement.
AllAfrica | 15-May-2012 15:48

Angola: CPLP Trade Ministers for Entrepreneurship Boosting
[ANGOP] Luanda - Boosting education for entrepreneurship, reinforcing training of small and medium companies and encouraging the creation of national tools meet the difficulties of access to capitals are part of decisions in Luanda Declaration signed on Monday by the Trade Ministers of the Portuguese Speaking Country Community (CPLP).
AllAfrica | 15-May-2012 15:16

New Mining Frontiers in West and Central Africa
[TradeInvest] TradeInvestAfrica is proud to be associated with the 5th West & Central Africa Mining Summit 2012 through a media partnership with Singapore-based conference organiser, Magenta Global.
AllAfrica | 15-May-2012 13:43

South Africa: More British Pensioners Investing in Property
[Biz-Community] Some of the most expensive properties in South Africa have been bought by foreigners, while the Western Cape especially is home to small colonies of Germans, French and British expats. Currently there is a small, but notable, trend establishing itself; British retirees are increasingly looking to South Africa in their golden years.
AllAfrica | 15-May-2012 13:24

Nigeria: Ajumogobia - PIB Will Attract Massive Investment in Oil Industry
[This Day] Former Minister of State for Petroleum Resources, Mr. Odein Ajumogobia, has said that the Petroleum Industry Bill (PIB), when eventually passed into a law, would serve as the catalyst needed to revolutionise the country's oil and gas industry.
AllAfrica | 15-May-2012 13:21

Namibia: Okahandja Earmarked for New Developments
[Namibian] EXCITING new developments are slated for the garden town of Okahandja. Following a two-year delay in the construction of the US$34 million SABMiller brewery at the town, acting Chief Executive Officer (CEO) of the town's municipality, Ripanda Meroro, last week revealed that the brewery is still coming.
AllAfrica | 15-May-2012 12:55

Global Locks Manufacturer Arrives in the Country
[Ghanaian Chronicle] Favourable business climate, strong growth and political stability have attracted Assa Abloy, the global leader in door-opening solutions, back into Ghana.
AllAfrica | 15-May-2012 12:01

Dozen International Companies to Inject U.S.$100 Million Into Economy
[Addis Fortune] Ten international companies are preparing to inject 100 million dollars in the Ethiopian economy in a space of 10 years, encouraged by prior experience of Schulze Global Investments (SGI), an American investment firm, which has bought shares from four companies with investments in Ethiopia over the past four years.
AllAfrica | 15-May-2012 11:46

Nigeria: PHCN Privatisation - BPE to Name Winner in October
[Vanguard] THE Bureau for Public Enterprises, BPE, said weekend that the preferred bidders for PHCN assets would be announced in October, hoping to alleviate chronic electricity shortages holding Nigeria's economy.
AllAfrica | 15-May-2012 11:45

Nigeria: Govt Should Invest in Family Planning Supplies, Programmes - Sheffield
[Vanguard] WITH a 20 percent unmet need for family planning in Nigeria, the need to invest in country-specific family planning supplies and programmes has been stressed. President of the Women Deliver, Jill Sheffield who disclosed this in an interview, said: "Nigeria should invest in family planning supplies and programmes, which would drastically reduce the number of unintended pregnancies, maternal deaths, newborn deaths, and unsafe abortions."
AllAfrica | 15-May-2012 11:45

Government to Open Over 100 Business Counters
[ANGOP] Luanda - Angolan minister of Economy, Abrãao Gourgel, Monday in Luanda announced the Angolan Government's intention to open this year 161 small and 22 large size business counters countrywide.
AllAfrica | 15-May-2012 10:21

Luanda Governor Announces New Markets
[ANGOP] Luanda - The Luanda province governor, Bento Joaquim Francisco Bento, Monday here announced the construction of 18 new municipal markets plus 80 similar local outlets in the capital.
AllAfrica | 15-May-2012 10:21

Zero Cost Scheme for Small Entrepreneurs Announced
[ANGOP] Cazenga - The Angolan minister of Economy, Abraão dos Santos Gourgel, said Monday in Luanda that the Entrepreneur Counter (BUE) has been created to help small undertakers with initiatives to start their business at zero cost.
AllAfrica | 15-May-2012 10:21

Justice Minister Assures Conditions for Small Businesses
[ANGOP] Cazenga - The minister of Agriculture, Guilhermina Prata, said Monday in Luanda that all is in place for people wishing to open small and micro-businesses to get credits.
AllAfrica | 15-May-2012 10:21

South Sudan: Country Sets Up New Investment Centre
[Sudan Tribune] Juba - The Republic of South Sudan has established a One-Stop Shop Investment Centre (OSSIC) earmarked to facilitate quick and efficient processing of all the paperwork that investors need to start business in the country.
AllAfrica | 15-May-2012 08:59

Rwanda: Govt to Increase Investment in EDPRS
[New Times] Government is to increase investment under the Economic and Poverty Reduction Strategy (EDPRS) by Rwf1.8 billion in the next financial year that begins on July 1 as it steps up efforts to end poverty.
AllAfrica | 15-May-2012 08:48

Country Losing FDI to Neighbours
[Capital FM] Nairobi, Kenya - Kenya ranks third in the East African Community in attracting Foreign Direct Investment (FDIs) after Tanzania and Uganda.
AllAfrica | 15-May-2012 05:38

Africa: U.S. Govt Sees Trade Opportunities Between Oil and Textiles
[State Department] The Trade Advisory Committee on Africa meets with U.S. Trade Representative Ron Kirk in Washington to discuss trade policy and initiatives in Africa.
AllAfrica | 14-May-2012 22:23

Mauritania: Statement By IMF Staff Mission in Country
[IMF] Washington, DC - A mission of the International Monetary Fund (IMF) led by Mr. Amine Mati, visited Nouakchott from April 29 to May 14, 2012 to conduct discussions related to the fourth review of Mauritania's arrangement under the Extended Credit Facility (ECF) [1] and consultations under Article IV of the IMF Articles of Agreement. The mission met with the President of the Republic and several economic and financial policymakers and also held productive discussions with members of parliament, academic
AllAfrica | 14-May-2012 22:09