Category Archives: Business

African Business Magazine releases its survey of Africa’s most valuable brands

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  In this month’s edition of the Pan African monthly magazine; Business Africa lays a comprehensive list of brands cherished over the years by Africans.  In partnership with brand Africa and TNS, this would mark the first time the list is made available to the general public. Revealed  last month at the African Business Awards, The Continue Reading

SHOPRITE PLANS 46 NEW STORES BY DECEMBER 2013

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VENTURES AFRICA – Africa’s biggest grocery retailer, Shoprite, on Monday said it will be open 46 new supermarkets before the end of December this year. Although, the JSE-listed firm did not specify in which areas or countries these stores would be opened, it said its turnover surged 10.2 percent in the quarter to September this Continue Reading

TECH CITIES AND MEGA DAMS: AFRICA’S GIANT INFRASTRUCTURAL PROJECTS

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CNN: Resource rich and home to some of the world’s fastest-growing economies, the stage is set for Africa to become the world’s next industrial juggernaut. But making this dream a reality remains a major challenge. A lack of railways, ports and quality roads has hindered Africa’s development in recent years. But today, economic heavyweights such Continue Reading

AfDB AND MADE IN AFRICA FOUNDATION LAUNCH FUNDRAISING FOR AFRICA50 INFRASTRUCTURE FUND

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AfDB: The African Development Bank and Made in Africa Foundation officially launched the fundraising for Africa50’s Project Development Vehicle on Thursday, September 26 at the NASDAQ Stock Exchange in New York City. The African Development Bank (AfDB) and Made in Africa Foundation (MIAF) have partnered to co-market initiatives that will catalyze funding for Africa’s largest infrastructure delivery Continue Reading

DHL IDENTIFIES AFRICA AS THE NEXT FRONTIER FOR HEALTHCARE SECTOR

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Business News: Over the past decade the global life sciences sector has experienced healthy growth. The world market for pharmaceuticals, for example, has doubled within a decade, reaching a value of about USD 1 trillion, and is expected to grow by another 3 to 6 per cent per annum until 2016 (IMS 2012a). This huge Continue Reading

PRIVATE SECTOR PARTNERS ON OIL PALM INDUSTRY REVITALIZATION IN NIGERIA

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Business News Nigeria: The Nigerian Government has revealed the desire to team up with stakeholders in the oil palm industry, so as to grow and develop the oil palm value-chain in accordance to the Federal Government’s plan for change in the industrial sector. The Minister of Industry, Trade and Investment, Olusegun Aganga said this during a meeting Continue Reading

DANGOTE DONATES N655M TO BENEFICIARIES

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The Dangote Foundation has extended its grassroots poverty alleviation scheme to Adamawa and Yobe states with the disbursement at the weekend of the sum of N655million to 65,000 vulnerable women and youths in the two states. The disbursement is a continuation of its award of special grant to states aimed at alleviating poverty by empowering the grassroots dwellers financially. Continue Reading

INNOVATIONS IN UGANDA

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UNICEF - UNICEF Uganda, through a unique Technology for Development unit, is working closely with the Government and partners to develop and implement innovative solutions to keep children alive, safe, and learning. These innovations use widely available technologies like basic mobile phones and text messaging service, and will make it easier to keep track of medicine stocks, upload and Continue Reading

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