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738 words • advanced • 3 years, 5 months ago
finance, business
"Obinna Chima, in Dar es Salaam Ecobank Transnational Incorporated (ETI) has doused the concerns of its minority shareholders that the increasing profile of majority shareholders in the bank could lead to a dilution of their shares or a hostile takeo..."
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216 words • intermediate • 2 years, 10 months ago
agriculture
"      Jan 16 - Pan African News Agency The U.S. Department of Agriculture (USDA) recently awarded the Vermont Energy Investment Corporation (VEIC) a $46 million loan to promote energy efficiency and renewable energy use in the states rural areas..."

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694 words • advanced • 3 years, 9 months ago
business
TED
In this short, provocative talk, financier Sangu Delle questions whether microfinance — small loans to small entrepreneurs -- is the best way to drive growth in developing countries. "We seem to be fixated on this romanticized idea that every poor person in Africa is an entrepreneur,” he says. "Yet, my work has taught me that most people want jobs.” Delle, a TED Fellow, makes the case for supporting large companies and factories — and clearing away the obstacles to pan-African trade.

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275 words • intermediate • 2 years, 5 months ago
business
"Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising markets, chairman Emmanuel Ikazoboh told Reuters. Ecobank is based in Togo and operates in 36 African..."
africanassetchairmancommoditydeclinedivideeconomiceconomyemployfocusglobalgrowthincreaseoperationpotentialprofitrapidrevenuespokesman

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294 words • advanced • 3 years, 4 months ago
business
"The United Nations Development Programme (UNDP) has pledged its support for the creation of a professional procurement licence, as advocated by CIPS . The endorsement is set to be revealed at the CIPS Pan African Conference today in Johannesburg, So..."

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349 words • advanced • 2 years, 5 months ago
startups
"Mainstream Renewable secure funding to develop African renewable energy projects EBR Staff Writer Published 24 June 2016 Renewable energy developer Mainstream Renewable Power has signed $117.5m equity investment from several investors to support the..."

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343 words • advanced • 2 years, 5 months ago
startups, business
"Two foreign firms have concluded the acquisition of MicroKing, the micro lending subsidiary of collapsed AfrAsia Bank Zimbabwe Limited, parties involved in the deal have said. French company MicroCred Group and Tunisia-based AfricInvest Financial Se..."
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450 words • advanced • 3 years, 5 months ago
business
"“Tax incentives must apply to companies that have something to show. These companies must be able to create massive employment and other services to benefit the citizenry,” Mr Savior Mwambwa said. He urged African governments to be cautious of si..."

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572 words • advanced • 3 years, 11 months ago
"Innovation drives economic growth. This logic has risen to dominate the discourse in development circles, with government leaders, policy influencers, and development-minded business leaders fully embracing innovation as a panacea for unemployment an..."

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600 words • advanced • 3 years, 5 months ago
business
"PROFESSOR Pat Utomi of the Pan African University has expressed his readiness to work with the government of Muhammadu Buhari, should he get the mandate. Addressing newsmen on Sunday, in Lagos, on a leaked ministerial nomination merit list involving..."
allowancebasicbasiscommitmentcrisiscurrentdebtearnereconomyexpressgovernmentholderinflationmandateministernationpoliticalprogresspublicreactrecogniserepresentrescuesalarysectorservicestatestructuretraditionalunpaid

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973 words • intermediate • 3 years, 2 months ago
business
"After going round to see the primary schools where the school meal programme is being run, what is your impression? I like the idea of the project very much. I was very delighted to see that such project is being implemented here in Enugu State becau..."

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747 words • advanced • 3 years, 3 months ago
business
"The Ethiopia-Djibouti railway line is expected to begin operations early next year, according to project officials Ethiopia is developing its transport sector in a bid to provide a boost to its economy. (Image source: AtifGulzar/sxc.hu) The US$4bn ..."
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699 words • intermediate • 3 years, 1 month ago
business
"What happens after a well is drilled, fitted with a hand pump, and a community celebrates having access to clean water for the first time? Nearly half of them break down within a year. Where communities lack the capacity, resources, training, and su..."
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937 words • advanced • 3 years, 9 months ago
"Opportunity is on the rise in Africa. New research, funded by the Tony Elumelu Foundation and conducted by my team at the African Institution of Technology, shows that within Africa, innovation is accelerating and the continent is finding better ways..."

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1064 words • advanced • 3 years, 8 months ago
"In Africas technology start-up scene, one of the most difficult challenges is attracting and retaining talent. The tools used by Silicon Valley, London, and Paris to hire top talent namely stock options seldom work in Africa. With limited exit oppo..."
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1073 words • advanced • 3 years, 9 months ago
"Africas recent economic growth rates and rising youth population have meant more and more entrepreneurs are looking there for potential business opportunities. The typical strategy is to introduce new companies by recreating foreign business models o..."
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1791 words • advanced • 3 years ago
business
"How long and deep can the current character of foreign direct investment (FDI) penetrate the social legacy of colonialism and neo-colonialism in Africa? Proclamations of economic growth throughout the continent are being received with much skepticism..."

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2863 words • intermediate • 11 years, 4 months ago
startups, business
TED
South African investment banker Euvin Naidoo explains why investing in Africa can make great business sense.
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1982 words • advanced • 2 years, 2 months ago
business
"Monrovia - In this first part of three-part series on we look at what is currently happening in the Liberian oil basin one year on from the collapse of the National Oil Company of Liberia. What is the status of the different oil contracts between Li..."
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3087 words • intermediate • 11 years, 1 month ago
business
TED
Economist Eleni Gabre-Madhin outlines her ambitious vision to found the first commodities market in Ethiopia. Her plan would create wealth, minimize risk for farmers and turn the world's largest recipient of food aid into a regional food basket.
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