Tag Archives: investing in Africa

Africa is playing infrastructure catch up

Why the cloud is not the only answer

The amount of businesses embracing an online strategy is driving an urgent review of legacy infrastructure according to Michele McCann, business development manager, Teraco. Following her panel discussion at this year’s WAN Summit in New York City, McCann says that the enterprise sector is being driven to consolidate their infrastructure into a colocation centre to benefit from a highly connected environment.

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Branding Africa and debunking the myths about its potential

CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ Africa cannot continue to be marketed as a country, when it is a continent of 54 countries, which, by 2040 will have the largest workforce in the world. The statement was made by the Economic Commission for Africa’s Executive Secretary, Mr. Carlos Lopes at the World Economic Forum on Africa this week during a session aptly titled:Myth Busting; investing in Africa.

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Richard Chandler Corporation Invests in Union Bank of Nigeria

 

SINGAPORE, 2012 /PRNewswire/ — The Richard Chandler Corporation  announced that it has invested US$112 million to support the recapitalisation of Union Bank of Nigeria by Union Global Partners Limited (UGPL) consortium. This investment equates to a 13.4% position in Union Bank of Nigeria (UBN).

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