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AFRICAN BUSINESS

Long plagued by poverty and conflict, the economic potential of Africa and African Business is just starting to be explored. The continent’s nearly one billion inhabitants have big consumer needs and surprising buying power; that potential is likely to make Africa the world’s next big value investment. What does this mean for business in Africa? If Africa is really the “last investment frontier,” business, and not charity, will finally break poverty’s continental choke-hold.

African Business is part of Business Exchange, suggested by Lawrence Delevingne. This topic contains 2,358 news and 1,082 blog items. Read updated news, blogs, and resources about African Business. Find user-submitted articles and reactions on African Business from like-minded professionals.

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Nigeria Awards $60B Worth of Oil Contractsmore

Asian companies, Indian Oil Corp. and Sinopec, continued to receive the largest volume of oil under the term contracts,...

Total awarded exploration license for deep waters off Kenyamore

Total announced the signature of a production sharing contract with the Kenyan government for Block L22, which it will...

South Africa undecided on Iran crudemore

The South African government today said it had made no final decision on future imports of Iranian crude in light of US...

Africa: the next economic “Hyperpower”?more

Taken out of context, this can seem amusing or shocking. However, it is a question worth asking. While the world...

Orange to Offer Visa Mobile Prepaid Accountsmore

Orange Money is a mobile phone-based payment service. It offers subscribers applications such as person to person...

Entrepreneurship, Culture and Solidarity in Africamore

Despite strong economic growth, the African continent is still struggling to develop a class of local entrepreneurs to...

Liberia: Rig engaged for West Africa explorationmore

African Petroleum Corp. Ltd., Perth, has secured the Ocean Rig UDW Eirik Raude deepwater fifth generation...

NEXIM Needs N250bn Capital Base To Fund Projectsmore

The Managing Director and Chief Executive of Nigeria Export Import bank (NEXIM) Mr Robert Orya, has said the bank needs...

Google in Africa: It’s a hitmore

ONLINE Africa is developing even faster than the new highways of offline Africa. Undersea cables reaching Africa on the...

New era beckons, firms to own small power plantsmore

Such firms are free to generate or distribute 5,000 kilowatts of electricity or even below.

South Africa set for carbon tax in 2013more

Industry lobbying means nearly two thirds of emissions will be tax-exempt until 2020

Central Bank of Nigeria: FG’s Revenue Increases by 29%more

The gross federally-collected revenue rose by 28.8 per cent to N989.74 billion as at November 2011, compared with the...

Chad: Griffiths Energy obtains concessionsmore

The government of Chad and Griffiths Energy International Inc., private Calgary independent, entered into a production...

Crowdsourcing Bridges Generation Gap in Rural Africamore

Crowdsourcing ideas from members of local communities is not limited by economic and geographic boundaries.

Breakthrough For Impact Investing In Africa, As LeapFrog Invests $14M ...more

/PRNewswire/ -- LeapFrog Investments has announced a landmark investment of $14 million into East African insurance...

Glory And The Terror – Leadership Newspapersmore

M&A In Emerging Markets – The Time is Nowmore

Gas well fire offshore Nigeria no longer burningmore

Chevron Nigeria Limited announced the fire at the Funiwa 1A natural gas well ceased burning.

Piracy Threatens West Africa Oil Expansionmore

A growing number of attacks are being recorded in the Gulf of Guinea and entries into some ports have been cut by more...

Do I Need To Build A Website? Why Must I Create One? | Web Design In...more

» Do I Need To Build A Website? Why Must I Create One? | …affordable web design for nigerians

Nigeria power rates to rise up to 88%more

Electricity tariffs in Nigeria will increase up to 88 per cent under reforms designed to revive the power sector and...

South Africans Suffer as Graft Saps Social Servicesmore

Officials in Limpopo Province overspent their budget by about $250 million, much of it on questionable or fraudulent...

BG Group to Invest $20B in Tanzania Gas Explorationmore

BG has discovered huge reserves of natural gas in three wells, including a deepwater one, in the Indian Ocean, the...

Shell to Expand LNG Portfolio with $1.6B East African Acquisitionmore

Royal Dutch Shell announced Wednesday that it wants to buy East Africa-focused Cove Energy for $1.57 billion (GBP 992...

Theft from Nigerian pipelines discouraging explorationmore

Officials from Royal Dutch Shell suggest that extensive theft from oil pipelines around Nigeria are dramatically...

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  • bloomberg.com
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