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April 20, 2017

The World Bank Group launches XL Africa, An Incubator for Start-Ups

XL Africa will grab headlines this week as the newest big player on the Africa digital start-up Scene.  The new program is a World Bank Administered five-month acceleration program that will support 20 promising digital start-ups from Sub-Saharan Africa.  XL Africa is an incubator of sorts with a big payday for participants.  Each of the […]

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July 1, 2015

Facebook opens first African office in Johannesburg

Facebook announced this week that it’s opening its first office in Africa and has hired Ogilvy and Nike veteran, Nunu Ntshingila-Njeke to head it.  Based in Melrose Arch, Johannesburg, the company hopes to build on 20% growth experienced between September of 2014 and June of 2015.  

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June 25, 2015

AGOA Reauthorization passes both Houses of Congress

The United States House of Representatives passed legislation to reauthorize the African Growth and Opportunity Act  (AGOA), today.  Now that both houses of Congress have passed the legislation, the bill will go to President Obama for signature, before it becomes law.  The President is supportive of extending AGOA and is expected to sign the legislation. […]

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September 18, 2009

Five Reasons Why I Invest in African Stocks

Investing in African stocks strikes many US-based investors as impractical at best, and foolhardy at worst. Here are a few reasons why it’s the first place I look for investment bargains. 1. Africa’s where the growth is. African economies hit a speed bump in 2008, but most will be firing on all cylinders again soon. […]

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September 9, 2009

Rwanda is the World’s Top Business Reformer

Rwanda is the first sub-Saharan African economy to lead the world in business reforms, according to a recent report by The Doing Business Project.  The annual report is published by the International Finance Corporation (IFC). The country has seen steady improvement in its commercial laws and institutions over the last 8 years.  In 2008 it […]

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September 6, 2009

Israeli Delegation on Eight Day Official Tour of Five African Countries

The Israeli Foreign Minister, Mr Avigdor Liberman is expected in Accra on Monday, as part of an eight-day official tour of 5 African countries, including Ethiopia, Kenya, Nigeria and Uganda. A statement issued and signed by Mr William Anani-Abotsi, Assistant Director of Information and Public Affairs Bureau at the Ministry of Foreign Affairs and Regional […]

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September 6, 2009

Asian Group May be the New Co-Owner of Zain – Report

According to a report on Al-Arabiya television today, an Asian group of investors are in the final stages of closing the deal on a 46% purchase of Kuwaiti owned firm – Zain(Formerly Celtel)(ZAIN.KW). When asked for comment by Reuters, Zain spokesperson Ibrahim Adel declined. Zain’s shareholders voted to remove individual ownership limits on Aug 31, […]

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September 6, 2009

Privatization of Nigeria’s State Telecoms Company NITEL Underway

According to Reuters, there are now 13 investors interested in the purchase of at least 75% of Nitel, the state telecoms company which has been undergoing this privatization process for several years. The Bureau for Public Enterprises (BPE) is evaluating both local and international bids from as far away as Spain and India. Nigeria is […]

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September 1, 2009

Investing in African Stock Markets

Investing in African stock markets is not for the faint of heart.  Finding a reliable stockbroker can be difficult;  Companies’ casual approaches to financial reporting often make good analysis impossible; and managing multiple trading accounts from a faraway time zone is a hassle.   In the past few months, however, some changes have taken place that […]

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August 30, 2009

Gabonese People Vote for a New President

The Gabonese people went to the polls today to vote for a new President following the death of the world’s longest serving President- Omar Bongo.  In the pool of 23 candidates, is the son of the former President – Ali-Ben Bongo Ondimba who is favored to win. Ali-Ben Bongo Ondimba, is a 50 year old […]

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  • Ryan Shen-Hoover

    Ryan Shen-Hoover is the founder of InvestingInAfrica.net and co-manager of Kivuno Capital Management, LLC.

    Latest: Five Reasons Why I Invest in African Stocks

  • Alex Twinomugisha

    Alex Twinomugisha has extensive experience in ICT for Education and Development in the areas of planning, design, implementation and management.