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Why China's audacious building plans could be a major strain on African economies

It has been described by Chinese president Xi Jinping as the “project of the century”. And the One Belt One Road (OBOR) initiative is certainly ambitious

By Ricardo Reboredo 7 Sep 2017

Afribiz Invest recognises its women-owned entities

In 2016, McKinsey estimated that only 5% of CEOs in Africa were female, highlighting just how much work is required globally to achieve gender parity in the corporate sector.

1 Sep 2017

Infrastructure investment is critical for Africa's growth and development

African governments need to create the environment for business to invest in infrastructure

28 Aug 2017

Sudan's Bashir aims to ease Egypt concerns over Nile dam

Sudan's President Omar al-Bashir said on Thursday, 17 August, that the construction of Ethiopia's controversial Grand Renaissance Dam on the Nile River would not impact water supplies to Egypt as feared by Cairo

21 Aug 2017

New Africa infrastructure fund launched

AP Moller Holding, together with PKA, PensionDanmark and Lægernes Pension, has launched a new infrastructure fund with a focus on Africa. The fund has received commitments of $550m from anchor investors

17 Aug 2017

Africa Architecture Awards shortlist announced

A total of 307 projects from across 32 African countries qualified to enter the inaugural Africa Architecture Awards

31 Jul 2017

Rags, not riches, defining Africa's urban explosion

Anarchic architecture, unchecked pollution and high costs of living are the lot of African city dwellers, experts warn, as living standards fail to keep pace with rapid urban growth on the continent

24 Mar 2017

Ethiopia inaugurates dam to double energy output

Ethiopia on Saturday, 17 December, inaugurated a hydroelectric dam that aims to double the country's electricity output, but which critics say is a threat to locals and a UNESCO-listed lake in Kenya

20 Dec 2016

Chinese-built railway links Ethiopia to sea

With Chinese conductors at the helm, a fleet of shiny new trains will this week begin plying a new route from the Ethiopian capital to Djibouti, in a major boost to both economies

6 Oct 2016

Big business opportunities ahead for Africa - McKinsey

Africa's overall growth has slowed but new research shows long-term fundamentals are strong and there are big business opportunities ahead

16 Sep 2016

A megaproject rises in East Africa

Roads, railways, port, pipelines to link Kenya, Ethiopia, Uganda and South Sudan

By Wanjohi Kabukuru 12 Sep 2016

PPC increases stake in Ethiopian-based cement company to 51%

PPC (PPC) on Wednesday, 5 November, announced that it had successfully acquired the Industrial Development Corporation's 20% stake in Ethiopian-based Habesha Cement Share Company (HCSCo) for a purchase consideration of $13m.

10 Nov 2014

SA's borders closed to Ebola-affected countries

South Africa has imposed a total travel ban for all non-citizens traveling from identified high risk countries to prevent the spread of Ebola to the country.

22 Aug 2014

Africa must look for partnerships

Africa needs to form partnerships with the developed nations in order to realise the continent's goal to industrialise, International Relations and Cooperation Minister Maite Nkoana-Mashabane said .

By Chris Bathembu 5 Aug 2014

PPC looks to seal big Africa deals

PPC's chief executive, Ketso Gordhan says the group is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018.

By Nick Hedley 25 Feb 2014

PPC prepares to enter Algerian cement market

PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement.

11 Feb 2014

Thales keeps an eye on safety

To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.

19 Aug 2013

Africa's huge harbour investments

Rivalry between African ports may not be a reality for some time to come, with demand almost always exceeding supply. But the pace of new transhipment port developments has increased, which may give Transnet's Ngqura port in the Eastern Cape something to be concerned about.

27 Jun 2013

Africa must make better use of resources

Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).

By Mariam Isa 28 May 2013

IMF forecasts "solid growth" for Africa

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).

17 Apr 2013

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