Market News
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DUBAI\'S COMPANY BUYING $300 MLN STAKE IN AFRICAN INDUSTRY
Posted on :Monday , 29th December 2014
Investment Corp of Dubai has agreed to buy a 300 million dollar stake in Dangote Cement.
AFRICA STRENGTHENS TIES WITH CHINA
Posted on :Saturday , 27th December 2014
Africa’s Transnet and Chinese manufacturer CSR Zhuzhou Electric Locomotive (CSR) signed a Memorandum of Understanding (MoU).
This was part of South African president Jacob Zuma’s state visit to assist trade between the two countries.
“Today’s MoU paves the way for Transnet to conclude agreements with CSR to set up manufacturing facilities in South . . .
Multinationals Manufacturing Companies attracted to Africa
Posted on :Saturday , 27th December 2014
According to Ernst and Young 2014 Africa attractiveness survey, Kenya ranks third after Nigeria and South Africa as the most attractive in the region. The three are said to attract 40 per cent of the total foreign direct investments in the region. Fernando de Sousa General Manager Africa Initiatives at Microsoft j. . .
11 of Africa s biggest startup investments
Posted on :Friday , 26th December 2014
Money makes the world go round. And if you play your cards right, might just make your startup successful — putting a smile on shareholders faces.
In 2014, we saw a lot of money being moved around in South Africa’s startup scene. So much so that we’ve decided to round up some of the investment rounds that really stood out to Ventureburn. From real estate, crowd. . .Africa\'s $100 billion plan
Posted on :Friday , 26th December 2014
"Geopolitical and industrial relations between South Africa and the nuclear-vendor countries will play an important role," Des Muller, the head of Johannesburg-based building company Group Five's nuclear construction division, said in an emailed response to questions Dec. 17. "It does with all major infrastructure projects and more so on nuclear infrastructures where relian. . .
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