Tag Archives: investment

Construction, Hospitality, Business, Tourism & Investment in Zanzibar

Fumba Town’s first-of-its-kind sustainable real estate development, offers modern and affordable living as well as commercial space with unique investment opportunity available in the growing real estate market. Developed by CPS live Ltd., a Zanzibar-based German company, Fumba Town Development houses are state-of-the-art composition of multi-layered, fast growing plantation wood, fibre reinforced composite and fibre insulation. All materials are chosen according to German quality standards, complying with the requirements of the local ecosystem and treated for complete safety against parasites; thus coexisting harmoniously with environment and respecting the beauty and abundance of nature.

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SOMALILAND: Corporate Governance Is Imperative For Private Sector Development

The private sector is the backbone of Somaliland economy and the biggest employment generator. However, it has inherent limitations which limit its potential to expand and pool together capital in the form of shareholding. The Majority of Somaliland businesses are sole proprietorship, family owned and partnerships. There are few shareholding companies, who operate on the basis of mutual trust rather than systematic corporate governance frameworks where the rights of shareholders are protected. It is time that Somaliland private sector should operate in a formal framework where operations and investment are not only done on individual trust and clan linkages but internationally accepted formal corporate governance frameworks.

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The agricultural professionals who are helping change the African farming industry

There are many problems facing the agricultural industry in Africa – from weather issues to historically political reasons for its struggles – but there are a number of professionals and businesses trying to make farming in Africa a real success story.

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For Djibouti, Infrastructure Investment Paves Way to Regional Hub

“The authorities should advance rapidly with critical reforms aimed at translating investment into strong, inclusive, and job-creating growth,” says the IMF’s mission chief for Djibouti Eric Mottu.

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Business Pivotal to Addressing Structural Inefficiencies in the Continent

Currently intra-Africa trade stands at a mere 12% compared with about 40% in North America and about 60% in Western Europe

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Teraco raises R1.2 billion in debt funding for further investment into South African data centres

South Africa, Teraco, Africa’s largest carrier & cloud neutral colocation data centre and home to NAPAfrica, Africa’s largest Internet exchange point (IXP), today announced that it has raised a medium term funding facility from Absa amounting to R1.2 billion.

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South Africa to strengthen investment relation with Ghana and Nigeria.

South Africa will be strengthening its investment relation with Ghana and Nigeria as the country’s department of trade and industry recognizes Ghana and Nigeria as strategic partners within the West Africa region. In this regards, the dti will send a business delegation on a Trade and Investment Mission to Accra, Ghana and Lagos, Nigeria from 20-25 March 2017 with the objective to identify and create export markets for South African value-added products and services while creating business partnerships between business communities of the respective countries. Sectors to be focused on by the mission includes Agro- Processing; Electro-technical; Infrastructure, Mining and Capital Equipment.

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Oranto Launches $500-Million Oil Exploration Campaign in South Sudan

  • EPSA contract signed today in Juba for South Sudan acreage.
  • Oranto Petroleum is the 90% shareholder and operator of large Block B3, plans to invest $500 million for exploration and development.
  • Government looks to new entrants to boost oil production.

Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block today in Juba.

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Expect to be disrupted: A smart approach to investing in innovation

That innovation is important and necessary for survival goes without saying. While there is no universal solution for organisations looking to improve their ability to generate, develop, and disseminate new ideas, some strategies are superior to others. Investing in Innovation.

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Canadian Government to Invest $120m into Ghana’s Agricultural Sector

The newly appointed Minister of Agriculture, Dr Owusu Afriyie Akoto has announced the kick-start of a project termed ‘Planting for Food & Jobs programme’ under Ghana’s agricultural sector which is set to receive 125 million Canadian Dollars investment from the Canadian government. According to the minister, the project will create over 750,000 jobs for the youth. The project is scheduled to commence this March and to continue during the next farming season this year. The project seeks to create a sustainable food security structure for all people across the country. Planting for Food & Jobs will be operating under five main components: supply of improved seedlings, provision of fertilisers, extension services, marketing for produce and e-agriculture. Ken Ofori-Atta – Ghana’s Finance Minister represented the government of Ghana to sign the agreement which allows the release of the funds. The Canada government was represented by Ms Heather Anne Cameron, the Canadian High Commissioner to Ghana.

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Africa Finance Corporation: Sole Investor in Guinea’s Bauxite Exploration with $205m

africa finance corporation Africa Finance Corporation (AFC) has announced that a plan to invest 205 million USD in Guinea as an effort to help boost mineral exploration in the country through Alufer Mining Company (a Guinea based mineral exploration company) at their high grade bauxite reserve, Bel Air mine. The Bel Air mine is targeting release its first production by 2019 with an expected 10 million tonnes a year. The global bauxite supply is currently falling deficit to growing demand and thus, the development of AFC will increase production to contribute to global demand.

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