November 16, 2007
Africa: Why China Beats Its Competitors
Low costs give Chinese investors in Africa a competitive advantage over their counterparts from other countries, a Chinese analyst told the U.S.-Africa Business Summit in Cape… Read more »
November 15, 2007
Africa: Lonrho Plans Comeback
Among international companies operating in Africa, Lonrho has long enjoyed a high profile. Built up by colorful businessman Roland 'Tiny' Rowland, it was an early business… Read more »
October 25, 2007
South Africa: Chinese to Invest R36.7 Billion In Local Bank
In a huge deal for South Africa and the continent, one of China's major banks is to buy a one-fifth share of Africa's largest bank. Read more »
October 18, 2007
Liberia: Despite Obstacles, All Ingredients Are in Place for Mittal to Succeed
A key part of the Liberian government's recovery drive focuses on well-managed exploitation of the country's vast natural resources. Iron ore production began in Liberia in… Read more »
Liberia: Significant New Investment Deals Signal Economic Turnaround
When Richard Tolbert was tapped by then President-elect Ellen Johnson Sirleaf to head Liberia's National Investment Commission in late 2005, many friends questioned why he… Read more »
August 14, 2007
Mozambique: President Promotes Private Enterprise, Investment
On a continent often described by its problems, many countries, including my own, would rather be defined by the solutions they adopt and the decisions they are implementing. Read more »
June 13, 2007
Africa: Continent Needs Good Policies, Investment, Says Report
Good government policies, better access to finance and more infrastructure are all needed if Africa is to expand its economy. Corruption and lack of skills, energy and transport… Read more »
May 18, 2007
Nigeria: Ex-Im Bank Denies Approving Loan for Police Fund
The Export-Import Bank of the United States (Ex-Im Bank) has disputed a recent report that it has granted a loan to Nigeria's Presidential Committee on Police Equipment Fund. Read more »
February 15, 2007
Liberia: Forum Spotlights Country's Readiness To Do Business
A one-day conference focused on private sector opportunities in Liberia drew an overflow crowd of 400 registrants last month in Washington, DC. The turnout raised hopes that… Read more »
February 12, 2007
Liberia: Private Sector Forum Sells Out As Sirleaf Arrives in Washington Seeking Debt Relief
Liberian President Ellen Johnson Sirleaf is making a return visit to Washington this week with an urgent agenda. To deliver the jobs and services she sees as essential to building… Read more »
November 17, 2006
Africa: Time for a New Story to Be Told
Average economic growth of more than five percent, record flows of foreign direct investment and stock markets that routinely outperform London, New York and Tokyo. This is Africa… Read more »
October 05, 2006
Cape Verde: Well-Governed African Nations Merit Attention, Says Prime Minister
"In African countries at-large there is not close attention being given to countries that have good government," Cape Verde Prime Minister, Jose Maria Neves said Thursday… Read more »
September 15, 2006
Ghana: Kufuor Says Millennium Challenge Compact Provides Boost to Country's Economic Progress
The following is a transcription of the press briefing by Ghana President John Agyekum Kufuor on August 4, 2006 at the Wyndham Hotel, Washington, DC. At the briefing, which was… Read more »
July 19, 2006
Africa: Former U.S. President and Nigerian Foreign Minister Tie African Development to Investment, Capacity Building
Former U.S. President Bill Clinton and Ngozi Okonjo-Iweala, Nigeria's foreign minister and former finance minister, used the occasion of a summit of African and African American… Read more »
June 14, 2006
Africa: African Union Chairman Expresses Optimism, Pushes Investment
President Denis Sassou Nguesso of the Republic of Congo, current chairman of the African Union (AU), spoke on developments on the continent as well as investment opportunities in… Read more »
June 12, 2006
Africa: Stakeholders Seek Ways To Broaden Agoa Opportunities
When the African Growth and Opportunity Act (Agoa) was enacted in 2001, the legislation "changed U.S. political discourse with African countries from begging bowl to business… Read more »
Africa: Investors Want to See Good Practices Sustained, Africa Bank President Says
Not enough attention is being paid to African success stories, World Bank President Paul Wolfowitz told an Africa investment forum last week. Citing a decline in active armed… Read more »
May 24, 2006
Africa: Diplomats Stage 'Africa Week' in Washington to Showcase What Africa Has to Offer
The African Union, whose members include 53 African nations, is this week marking the anniversary of the founding on May 25, 1963 of its predecessor, the Organization of African… Read more »
May 16, 2006
Liberia: Ellen Johnson Sirleaf on Oprah's Wednesday Broadcast, Continues Push for Investment and Rebuilding Assistance
During a two-day private visit to Chicago last week, Liberian President Ellen Johnson Sirleaf taped an appearance on the Oprah Winfrey show that will air on Wednesday. Read more »
March 28, 2006
Liberia: Allen Brown Puts His Faith and His Money in His Country's Need for Lodging [AllAfrica Profile]
Crunching across shell-encrusted gravel toward a ruined, beachfront mansion not far from downtown Monrovia, the capitol of Liberia, Allen Brown II looks like a happy man. Never… Read more »
March 16, 2006
Liberia: 'Tremendous Potential', Says Investment Commission Chairman
Since Liberian President William R. Tolbert was assassinated in 1980 by junior military officers, the country has been in turmoil, with rival armed factions competing for power.… Read more »
March 14, 2006
Guinea: Bauxite Investment Spurs West African Hopes
In one of the world's 10 poorest countries, where life expectancy barely exceeds 50 years, where 75 per cent of the women are illiterate, and where almost everyone is unemployed,… Read more »
February 03, 2006
Ghana: Minister Says the Future of the Private Sector in Ghana Is 'Beautiful'
Ghana's Minister for Private Sector Development and the President's Special Initiatives, Kwamena Bartels, discusses the role and importance of the private sector to Ghana's economy… Read more »
November 01, 2005
Guinea: Local Residents Place High Hopes on Guinea's New Aluminum Refinery
For many citizens of Kamsar and Sangaredi, two cities about two hundred miles north of the capital Conakry in the West African nation of Guinea, bauxite mining has always been the… Read more »
September 09, 2005
Africa: 'Africa Open for Business' - Stories That Deserve to Be Reported
Business activity is a subject that is sometimes missed in international reporting about Africa. Despite that, Africa produces some impressive economic statistics: a 144 percent… Read more »