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 »
Follow us on Twitter: @GoAfricaNetwork Drones are a controversial topic when it comes to national security. However cargo drones, with their potential applications for last mile delivery in remote areas and humanitarian emergency situations, are tipped to be an exciting area of innovation for Africa. But who is behind the push for cargo drones in
Cargo drones in Africa: Going the last mile? Read More »
Follow us on Twitter: @GoAfricaNetwork According to a report via cp-africa.com, Airtel Nigeria has inked an agreement with device manufacturing firm, RLG. The deal will see RLG produce handsets for potential Airtel subscribers. The regional director of RLG in West and Central Africa, Tosin Ilesanmi, stated that the company will begin to produce handsets, tablets,
Nigeria: RLG inks manufacturing deal with Airtel Read More »
Follow us on Twitter: @GoAfricaNetwork Innovation is key to Nigeria’s continued growth in the telecommunications sector, the country’s regulator said this week. The Nigerian Communications Commission (NCC), said in a report that the industry’s growth “was a result of innovation in the industry.” It comes after years of concerns over the sector, where users have
Nigeria regulator says innovation key to telecom growth Read More »
Follow us on Twitter: @GoAfricaNetwork Toronto-listed Canadian miner GB Minerals plans to invest $175 million to begin producing phosphates in Guinea Bissau in 2017, a first for the West African country, its chief executive said. Guinea Bissau is seeking to revive its economy after a military coup in 2012. The International Monetary Fund says it
Mining: GB Minerals plans first phosphates in Guinea Bissau by 2017 Read More »
Follow us on Twitter: @GoAfricaNetwork Although it is the most talked about, China is not the only Asian economy looking to Africa – and bankers are moving to facilitate the flow of capital. A case in point: South Africa’s Standard Bank announced a partnership on 23 April with the largest bank in South Korea to
South Korean bank partners to support growing Africa ties Read More »
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
Chinese rail firm signs $5.5 bn worth of deals in Africa Read More »
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.
What are the biggest challenges facing start-ups in Africa? Read More »
Follow us on Twitter: @GoAfricaNetwork Senegal has scrapped visa requirements for foreign visitors and will slash taxes on air fares as it seeks to revive a tourism sector crippled by high costs. The cost and administrative hassle of visas, coupled with taxes on air tickets, led to a fall in the number of visitors to
Senegal moves to a no visa, low air fare policy for foreign visitors and locals Read More »
