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Renaissance Capital launches South Africa operations, hires Clifford Sacks
Renaissance Capital, the emerging markets investment bank, announces today that Clifford Sacks will join as CEO South Africa and Head of Pan-African Equities and will lead the Firm’s expansion into the continent’s largest economy. Sacks joins from Merrill Lynch, where he was Co-CEO South Africa and Sub-Saharan Africa.
The South Africa operation will act as a [...]
Opportunity to process fruit for guaranteed local market, Malawi
There is an opportunity to establish a fruit juice concentrate processing plant to cut back on imports that currently form the bulk of juices sold in Malawi.
Malawi’s excellent climate favours the growing of a wide range of fruits including pineapples, tangerines, mangoes, bananas and avocados. However, there is limited fruit concentrate processing, leaving large volumes [...]
New Offshore Oil Discovery in Angola
Petrobras, this week announced two new oil discoveries made in Block 15/06, in deep Angolan waters. The Company holds 5% stakes in Block 15/06 and Eni is the operator, holding 35% of the working interest in it.
The wells Nzanza-1 and Cinguvu-1 are located around 350 km northwest of Luanda, in a water depth of some [...]
Ayisi Makatiani is the Managing Partner and CEO of Fanisi Capital Ltd., which manages the Fanisi Venture Capital Fund for investing in East Africa (Kenya,Uganda, Tanzania and Rwanda). Makatiani holds a Bachelors degree in Electrical and Electronics Engineering from Massachusetts Institute of Technology (MIT), a Minor in Economics with a thesis done at the Sloan [...]
The 2010 African Business Conference - Howard University
Howard University African Students’ Association will be hosting an African Business Conference from February 25 to February 27, 2010. The primary aim of the conference is to highlight business and career opportunities in African countries. This aim will be achieved by featuring speakers on various panel sessions; the speakers, who will be selected from various [...]
IFC Launched its Business Edge Management Training System in Cameroon
IFC, a member of the World Bank Group, on Feb. 18 launched its Business Edge management training system in Cameroon, increasing its support for entrepreneurs and small and medium sized businesses in the country.Business Edge is an interactive learning program that offers skills training to help managers increase their knowledge and run more efficient businesses. [...]
Barrick Gold will Spin Off its Africa Operations through IPO
Barrick Gold, a Canadian Mining company announced on Friday the creation of African Barrick Gold, a new company whose equity it will list with the United Kingdom Listing Authority and to admit to trading on the London Stock Exchange, subject to market conditions. ABG also intends to seek a future listing on the Dar es Salaam [...]
iHub Gives Kenya a Boost in Race for ‘Africa’s Silicon Alley’ Title
Ask any Africa Investment Professional which industries have the potential to accelerate Africa’s growth into middle class economies and you’ll hear Information Communications Technologies (ICT), across the board. The industry not only has a seemingly endless shelf life, but it has great potential to create middle class jobs, spur foreign investment, and improve the quality [...]
Google Africa Awards PR Contract to Africapractice
Africapractice will handle Google’s PR in Kenya, Uganda, Nigeria, Ghana, Senegal and South Africa. The assignment comes as Google attempts to deepen its product penetration into Africa, promote online access, and educate audiences about the internet.
The Google Africa account will be managed locally by teams in the six countries, with strategic direction from South Africa [...]
