Southern Africa economic news

Chinese rail firm signs $5.5 bn worth of deals in Africa

Follow us on Twitter: @GoAfricaNetwork China Railway Construction Corp Ltd (CRCC) has signed two deals worth a combined $5.5 billion for construction projects in Africa, Xinhua reported late on Monday, as the country’s railway firms increasingly flex their muscle overseas. CRCC’s China Civil Engineering Construction Corporation (CCECC) unit will work on a $3.5 billion intercity […]

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What are the biggest challenges facing start-ups in Africa?

Follow us on Twitter: @GoAfricaNetwork Starting a new business within the continent of Africa can be as terrifying as it is exciting. At any given time, a fledgling company can come up against a number of common challenges. From hiring the right people to defining your brand… start-ups must overcome these obstacles to ensure success.

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Is “Healthy” Rice Killing You?

follow us on twitter: @GoAfricaNetwork  Men’s Fitness How to avoid the possibility of eating poisonous rice. Eaters of white and brown rice have healthier diets— they take in more fruits and vegetables and less saturated fat and added sugar, a Baylor College of Medicine study of more than 14,000 adults showed. But all’s not well

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Gilat Satcom unveils satellite service for rural Africa

Follow us on Twitter: @GoAfricaNetwork Gilat Satcom has unveiled the launch of its ‘Village Island’ portfolio, which according to the company enables rural villages and remote communities in Africa where ARPUs are low to take control of their digital futures. According to the company, the Village Island will be launched at the Innovation Access Digital

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MTN Business set to Bring Your Business Online

Follow us on Twitter: @GoAfricaNetwork MTN Business has launched Bring Your Business Online, a platform that gives small and medium-sized businesses (SME) increased visibility by providing online presence on the MTN managed domain for less than R20 a month. “SMEs are the lifeblood of the South African economy, however, many of them are limited from

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From Sudan to Senegal, Africa’s head-turning new airports…with a helping hand from Chinese friends

Follow us on Twitter: @GoAfricaNetwork EVEN though Africa accounts for about 15% of the world’s human population, its air traffic handles only 2.85% of air passengers. It is also home to only two airports which feature in the top 150 worldwide airports for highest annual passengers handled: Johannesburg’s OR Tambo and Cairo International, at two opposite sides of the

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South Africa forges ahead with nuclear power stations

Follow us on Twitter: @GoAfricaNetwork A “critical milestone” has been reached in South Africa’s plans to build new nuclear power stations, the government has said. In a statement, the government on Wednesday said the stage was now set for the preparatory stage of the procurement process that would be undertaken in line with the country’s

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Russia eyes Zimbabwe as entry point into African market

Follow us on Twitter: @GoAfricaNetwork Russia is keen on further expanding its footprint in Zimbabwe’s business circles and has cast its eyes on agriculture, promising to set up vast equipment assembly plants at a knock down cost. There is a growing demand for agricultural produce in Russia, which is under sanctions from the European Union

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Finance: Building a Banking hub for Africa

Follow us on Twitter: @GoAfricaNetwork The financial services sector is forging new partnerships and adapting its product offerings to help investors expand their activities throughout Africa. Mauritius is positioning itself to become an Africa-focused financial support centre, modelling itself on the role Singapore is playing in Southeast Asia. Africa is the big opportunity over the

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Ford unveils new models for Africa as it eyes big untapped market

Ford Motor Co announced 17 new vehicles for Sub-Saharan Africa on Thursday, as carmakers jostle for position in one of the last major markets where potential growth remains largely untapped. The models, among 25 to be introduced by 2016 in a broader product offensive across the Middle East and Africa, draw on the U.S. auto

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