www.africabusinesssource.com | Latest: President Zuma declare’s Africa is Open for Business to world leaders at G20 Meeting
About | Corporate Contact | Join the Team | Contribute | Advertise
Nigeria Clamps Down on Exxon Mobil
On the heals of the most disastrous oil spill in history off the shores of the American Gulf Coast, Nigerian Officials met with Executives from American Oil Giant, Exxon Mobil on Tuesday and put them on notice.
The officials are unhappy with the company’s attempt to clean up a recent spill of about 300 barrels of [...]
Africa ICT Trends and Countries to Watch in 2010
It’s that time of the year when any expert worth their salt makes some predictions for the New Year. I too couldn’t resist a peek into my crystal ball and here I share what I believe will be the major ICT trends and some of the countries to watch this year. In general, 2010 promises [...]
United Bank of Africa adds Zambia to its Portfolio
United Bank for Africa Plc (UBA),one of several pan African banking groups, announced the opening of its Zambian operations today - this is the groups first entry into the Southern Africa region. The company is following a trend in Africa of expanding retail banking operations to new markets. The company currently has a presence [...]
Rallying the World against “Blood Oil”
Nigerian President Umaru Yar Adua, who was elected on a platform of stamping out corruption, has recently undertaken a campaign to draw international attention to the issue of “Blood Oil” - the use of proceeds from stolen crude oil in financing international terror groups and domestic insurgents in Nigeria.
Understanding the Magnitude of the Problem
Oil is [...]
Can Obama Deliver American Investment in Africa?
Many high hopes have rested on the shoulders of President Barack Obama following his historic election. Investors and NGOs hoped that the election of America’s first African-American president would bring a renewed spotlight on the tremendous challenges and opportunities throughout the African continent.
It remains to be seen whether having to focus on an unprecedented economic [...]
M-commerce and its Impact on Africa
Until very recently, most Africans did not have access to credit or debit cards let alone ones that were internationally recognized. I recall when credit cards were introduced to East Africa in the early 2000’s, it was a battle to secure one. The bank required that you make a hefty deposit and sign all manner [...]
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 a [...]
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 [...]
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | 31 |
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | 31 |
