Tag Archives: investment

“Does the Trump administration even think about Africa”?

The question on how the Trump administration’s policies will impact Africa was met with mixed reaction Wednesday during a briefing at the African Utility Week Conference underway in Cape Town. read more

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The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost infrastructure investment and growth in selected African countries

The MoU was signed by Mr. Khaled Al Aboodi, the Chief Executive Officer and General Manager of ICD, and Mr. Shi Jiyang, President and Chief Executive Officer of CADFund

At the side lines of the landmark IsDB 42nd Annual Meeting in Jeddah, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund) (CADFund.com), a Beijing-based private equity firm and subsidiary of the China Development Bank which focuses on Africa. read more

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South Africa and Zimbabwe hold a trade and investment seminar at the (ZITF)

A close relationship between South Africa and Zimbabwe has laid a solid foundation towards advancing industrialisation and regional integration between the two countries and in the region. This was said by the Director of Export Marketing and Promotions at the Department of Trade and Industry (the dti), Ms Seema Sardha during the Trade and Investment Seminar that was held on the margins of the 58th Zimbabwe International Trade Fair (ZITF) read more

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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. read more

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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. read more

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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. read more

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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. read more

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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 read more

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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. read more

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