THE major shareholders, investors and other stakeholders in the eight troubled banks are making moves to reclaim them, vowing to co-operate with the Central Bank installed managements there.
Ghana is seeking private investment in agri-business as part of it's national priority to achieve food security, minimise spending on imports and also to earn more from value added agricultural products.
Concerns abound about a nine billion dollar Chinese investment in the Democratic Republic of the Congo, especially around environmental consequences and transparency. And, on the Chinese side, investors complain not only about the lack of security in the DRC but about their own government not providing enough support.
There is no lack of opportunity in Africa. But the road to converting those opportunities to business success is often paved with obstacles. The question becomes not what opportunities exist in Africa, but how to make them work.
Ecobank Group is partnering with Western Union and United States Agency for International Development (USAID) to bring in N22 million worth of diaspora business investment in Africa
Mezam Division in the North West Region has executed 98 Public Investment Budget projects out of 114 projects granted the Division.
The Indian Government has expressed willingness to partner with Nigeria to promote trade relations between the two countries.
BACK in July, ahead of the details of the rights issue of Illovo Sugar and after the report made by chairman Robbie Williams at the company's annual general meeting, I wrote: "If I held Illovo's shares, I'd stick to them and, dependent on the discount, follow the rights."
Nominee of President Umaru Musa Yar'Adua for the position of Director General of Securities and Exchange Commission (SEC), Miss Aruma Oteh told the Senate Committee on Capital Market yesterday that capital market operators had betrayed the trust of Nigerians.
THE Osukuru community in Tororo district has been asked to withdraw a civil matter they filed against an investor seeking to explore phosphate deposits in Osukuru hills.
Back in the early 1990s when I was reporting from northern Ghana, an elderly woman farmer decided I would benefit from a bit of enlightenment. In a rather long lecture, she detailed for me the devastating effects that the Green Revolution - the first one that outside experts and donors launched in Africa in the 1960s and 1970s - had had on farmers' crops, soils, trees and their lives.
Total Kenya Ltd has finalised the acquisition of business and assets of Chevron in Kenya.
The National Social Security Fund incurred a Shs23 billion loss from the purchase of Safaricom shares, Daily Monitor has learnt.
There are eight IFSC-certified companies for the year ended 31 March 2009, bringing the total cumulative capital investment by the companies to P6 billion from P4.5 billion the previous year.
As far as Blue and the SMME market is concerned, this task falls to Kenneth Fisher, General Manager Small Business Division, whose division grants loans of between R15 000 and R3-million.
