As of : 08/02/2010
Securities Africa: 5th Annual African Investment Conference
Citi And Securities Africa will be hosting the 5th Annual Africa Investment Conference in London on 15 & 16 March 2010.
Securities Africa Limited's London Sub Saharan Conference A Success
Securities Africa Limited's London Sub Saharan Conference, held on March 16th and 17th, was a success. Thank you to everyone who participated, and if you were unable to attend we hope that you are able to make our next one.
Vodafone UK in controversial Kenya, Ghana telecom deals (Ghana - Corporate)
Vodafone UK seems to have a questionable reputation in its dealings on the African continent. Not only is it embroiled in a controversial deal in Ghan...
Source : Ghana Business News, Ghana
Kenya, Anadarko sign oil exploration deal (Kenya - Corporate)
Kenya and Anadarko Petroleum Corp. have signed an oil and gas exploration agreement for 5 offshore blocks in the east African nationquotes Lamu Basin...
Source : Reuters, Kenya
Kenya flower earnings fall to USD 421m in 2009 (Kenya - Economic)
Export earnings by Kenyan flower producers fell to KES 32bn (USD 420.8m) in 2009 from 40bn in 2008, hit by drought at home and the global economic slo...
Source : Reuters, Kenya
Sale of State firms to go on (Kenya - Economic)
Privatisation of selected State corporations will go on as soon as approvals are received from the government. Detailed proposals on how the process w...
Source : Daily Nation, Kenya
Moroccoquotes CDG to shed financials, switch focus (Morocco - Corporate)
Moroccoquotes state fund plans to cut holdings in financial companies in coming years to focus on a smaller number of core businesses in real estate ...
Source : Reuters, Morocco
The ASI lost 619.75 points to close at 23,226.28 points (Nigeria - Economic)
The ASI lost 619.75 points to close at 23,226.28 while the market capitalization decreased by USD 1.00bn to close at USD 37.80bn (NGN 5.593tn) on 5 Fe...
Source : CSL, Nigeria
Nigerian militants say disabled Shell oil pipeline (Nigeria - Corporate)
A Nigerian militant group said on 7 February 2010 it had attacked a Royal Dutch Shell oil pipeline in the Niger Delta but the Anglo-Dutch company said...
Source : Reuters, Nigeria
Afprint delisting: Board reaffirms commitment to pay off shareholders (Nigeria - Corporate)
The Board of Afprint Nigeria Plc expressed its commitment in meeting its final obligations to the minority shareholders of the company. Afprint Deputy...
Source : Vanguard, Nigeria
European Bank may buy into Nigerian banks (Nigeria - Corporate)
The European Investment Bank may buy into Nigerian banks as its delegate meets with Nigerian officials including the Central Bank Governor Sanusi Lami...
Source : Daily Trust, Nigeria
Oando posts NGN 7bn profit, promises investors better gains (Nigeria - Corporate)
Oando Plc, one of the countryquotes leading integrated energy company has pledged better gains for investors in 2010 as it posted a net profit of NGN...
Source : Daily Trust, Nigeria
Rwanda GDP grew by 3.5% to 5% in 2009 (Rwanda - Economic)
Rwandaquotes economy grew at 3.5% to 5% in 2009, down from a forecast 7% to 8%, but is expected to fare better in 2010, the central bank said on 5 Fe...
Source : Reuters, Rwanda
Local fuel prices surge by 3% (Tanzania - Economic)
Fuel prices are heading upward with latest statistics from Energy and Water Utility Regulatory Authority showing that local pump prices rose by an ave...
Source : IPP Media, Tanzania
Eni pulls out of Uganda oil deal (Uganda - Corporate)
Eni SpA has pulled out of its planned USD 1.5bn purchase of Heritage Oil Plcquotes Ugandan assets in what is a setback for the Italian oil groupquot...
Source : Reuters, Uganda
Govt asks Chinese firm to build hydropower stations (Zambia - Economic)
The government has asked Chinese giant construction company Gezhouba Group, to consider building the USD 1.5bn hydropower stations through public priv...
Source : Post of Zambia, Zambia
Asians invest USD 6bn in Zambia (Zambia - Economic)
Asian investments in Zambia have risen significantly over the recent years with Chinese investment rising to USD 6.1bn for the period 1993 to 2009. Be...
Source : Times of Zambia, Zambia
Chinese shot in the arm for NetOne (Zimbabwe - Economic)
The Peoplequotes Republic of China has extended a USD 53m financial package to bankroll the expansion of mobile phone operator NetOne which has been ...
Source : Sunday Mail, Zimbabwe
Zimbabwe government workers strike for higher pay (Zimbabwe - Economic)
Zimbabwe state workers went on strike on 5 February 2010 to press for a 5 fold wage hike, a move that could cripple public services and hamper the str...
Source : Reuters, Zimbabwe
Zimbabwe mines group proposes 10% local ownership (Zimbabwe - Economic)
A key Zimbabwe mining group has proposed that locals have 10% ownership of foreign owned companies, and not the 51% the government wants under a draft...
Source : Reuters, Zimbabwe
Zimplats in tax arrears (Zimbabwe - Corporate)
The countryquotes largest platinum producer, Zimbabwe Platinum Mines, is still mired in tax arrears topping USD 14,3m accrued from super profits that...
Source : Sunday Mail, Zimbabwe
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