Follow us On Twitter: @GoAfricaNetwork AFRICAN NATIONS are taking steps toward creating a free-trade zone with a combined size of $2 trillion, as heads of state meet in Johannesburg this week. This comes after a potentially historic deal was signed in Egypt this week that created a common market that would span half the continent from Cairo […]
Follow us on Twitter: @GoAfricaNetwork Tazania’s current natural gas reserves now stand at about 55 trillion cubic feet (tcf) following new deep sea discoveries off its southern coast. According to the East African nation’s energy minister, George Simbachawene, natural gas resources discovered in the country increased by 18 percent to 55.08 tcf in April 2015,
Follow us On Twitter: @GoAfricaNetwork A.P. Moeller-Maersk A/S, owner of the world’s largest shipping container line, is seeking to win contracts to build and upgrade ports in Nigeria and Kenya as the Danish company expands its African operations. Maersk is awaiting a final sign-off on a contract to help build a new port in Badagry in
Follow us on Twitter: @GoAfricaNetwork General Electric (GE), a 123-year old American Conglomerate with operations in 130 countries around the world, is gearing up to further exploit the economic potentials inherent in sub-Saharan African markets, especially Nigeria and Ethiopia. At the ongoing World Economic Forum (WEF) on Africa, GE said it would increase its capital
General Electric to Invest 10 Billion in Africa, Tragets Nigeria Rail Sector Read More »
Follow us on Twitter: @GoAfricaNetwork According to worldometers.info, the population within South Africa sits at just over 53 million individuals. To add to the figures, Nigeria currently has over 183 million individuals populating its city’s. Africa has always been viewed as a continent that isn’t very connected in terms of internet speeds and the number
Africa’s Top 20 most connected countries by user numbers Read More »
Social media giant, Facebook, has revealed that it has now set its sight’s on Senegal – in order to launch Internet.org as well as more than a dozen free basic services within the country. According to Facebook, the services will be available to will be available to Tigo SIM card holders. Facebook originally launched Internet.org
Facebook takes Internet.org to Senegal Read More »
Follow us On Twitter: @GoAfricaNetwork Lee Kuan Yew, Singapore’s first Prime Minister, died on 23 March 2015; and on 29 March 2015, the Straits Times published an article titled “The Singapore That Lee Kuan Yew Built” which stated that he “…foretold the transformation of the country from a tiny slum-ridden trading post …” back in
Could the “Singapore Experience” Have Happened in Trinidad? Read More »
Follow us on Twitter: @GoAfricaNetwork When Nigerian brothers Ngozi and Chijioke Dozie needed to drive interest in their Rwandan coffee business, their home market seemed like a natural fit. – “Rwanda produces great coffee, but it’s a very small market, it’s 9m people. Most of the best coffees are exported to places like Starbucks. So
African Coffee: The power of the crowd (exporting Coffee within Africa) Read More »
Follow us on Twitter: @GoAfricaNetwork The challenges of this financing are magnified in sub-Saharan Africa, as there is a paucity of projects that meet the high-water mark required by most investment banks. Basic requirements include experienced and credit-worthy sponsors, healthy financial ratios and forecasts, exhaustive technical due diligence, and a stable and cohesive political and
Alternatives to project finance in Africa Read More »
Follow us on Twitter: @GoAfricaNetwork Following on from partnerships and dual listings with a number of African capital markets, the London Stock Exchange (LSE) is looking to foster dual listings with the West African regional exchange. “We are looking to attract and encourage dual listings,” Ibukun Adebayo, co-head of emerging markets at the LSE Group,
London eyes dual listings on west African capital markets Read More »
