[AIM] Maputo - Over 30,000 hectares of land will be made available to Vietnamese investors in the northern Mozambican province of Nampula, according to a report in Tuesday's issue of the Maputo daily "Noticias". … [Read more...]
Africa: UN Urges Africa to Facilitate Private Investment in Clean Energy Production
[UN News] Government policies that facilitate private sector investment in energy markets are crucial to help tap Africa's massive renewable energy potential, which can fuel the continent's poverty reduction efforts and put it on a path to sustainable development, according to a United Nations report released today. … [Read more...]
Kenya: Sh180 Billion Injected in Nation Investments Last Year
[Capital FM] Nairobi, Kenya - Kenya's growing attractiveness as an ideal place to do business could have led to an additional Sh20 billion worth of investments into the country in 2011 compared to the previous year. … [Read more...]
Egypt: Saleh – Arab, Foreign Contributions Hit U.S.$5.7 Billion in 2011
[Egypt Online] Total Arab and foreign contributions reached $5.7 billion in 2011, said Chairman of the General Authority for Investment and Free Zones (GAFI) Osama Saleh, on the occasion of inauguration of "Cityscape-Next Move" international exhibition that will be held in Cairo from February 20-23. … [Read more...]
Zimbabwe: New US$13m Hydroelectric Plant Approved
[TradeInvest] The Masvingo Rural District Council has approved a US$13-million mini-hydro power project at Lake Mutirikwi in Zimbabwe. The application was made by the Great Zimbabwe Hydro-Power Company, which is jointly owned by a Zimbabwean company, ZOL and its South African partner, New Planet. … [Read more...]
Nigeria: UBA Rises By 4.8 Percent, As MD Assures Investors
[This Day] Shares in United Bank for Africa Plc rose by 4.8 per cent to close higher at N1.98 yesterday, as the Group Managing Director/Chief Executive Officer of the bank, Mr. Phillips Oduoza, said it was harvest time for investors in the bank. … [Read more...]
Tanzania: Substantial Investments Inevitable to Guarantee Reliable Power Supply
[Daily News] Despite the ups and downs that the energy sector has gone through in the past, the sector remains one of the significant stimuli of the economy, with substantial investments required to keep the economy running through reliable power supply. Power generation is increasingly becoming unbearable challenge for many developing countries including … [Read more...]
Tanzania: Go for That Missed Opportunity in TIC
[Daily News] WHOEVER coined and propagated the notion that Tanzania Investment Centre (TIC), the government arm that coordinates, promotes and facilitates investment in the country, existed to exclusively serve foreigners, has indeed succeeded in their ill motive. True, many domestic investors have snubbed the centre, but at their own peril. … [Read more...]
Kenya: Improve Services to Attract More Investors, PS Tells Councils in the Rift Valley
[Nairobi Star] HOUSING PS Tirop Kosgey has urged local authorities in the Rift Valley to improve delivery of services to woo more investors. He also called on financial institutions to adopt new technology to meet the demands of the increasing number of customers in the region. Kosgey said this in Kitale at the weekend after officially opening a Trans National … [Read more...]
Kenya: Varsity Venture Sets Investor On Path to Real
[Business Daily] When John Kin'gori Mwaniki approached his university vice-chancellor to be allowed to open a kiosk in Kenyatta University 17 years ago, his was just to raise money to pay for his fees. … [Read more...]
Kenya: Fight or Flight? Dilemma of Local Investors in Tanzania
[Nation] Nairobi and Dar-Es-Salaam - For many Kenyan companies, going into Tanzania is a mixed bag of fortunes, with some finding the going tough, and cutting their losses by closing down, and others persevering for years before making profits. … [Read more...]
Kenya: Unit Trust Funds a Safe Bet for Cautious Investors
[Business Daily] Last week, members of an investment club invited an advisor from a local fund management firm to show them how they could diversify their portfolio to unit trusts or mutual funds. … [Read more...]

