Business: Latest News
Dana Sanchez, 11:17 am
Zamtel’s $4 million investment means Zambian hotels and lodges near the site of the U.N. World Tourism Assembly will have direct access to the fiber optic network, giving guests high-speed internet access in their hotel rooms, a report says.
Dana Sanchez, 10:10 am
Four Chinese travel agencies are participating in a three-month program with the goal of attracting more than 1,000 Chinese families to South Africa between August and October.
Makula Dunbar, 8:58 am
An Indian firm has entered into a partnership with a Nigerian company to introduce a platform meant to drive mobile money services in this oil rich African country.
Dana Sanchez, 4:59 pm
Chinese motorcycle and automaker Yin Minshan wants his company, Lifan Group, to be the best in the world and to do that, he says he must grow less developed overseas markets such as Africa, according to a report in China Daily. “Operating costs are lower there compared with in the U.S. and the European Union, and that offers us a strong foothold to develop into a global giant,” he said in the report. Yin established Lifan Group in Chongqing in 1992 with nine employees and $36,000. Now it’s one of China’s largest motorcycle and automakers, earning $3.3 billion last year, according […]
Dana Sanchez, 3:37 pm
Kenya’s traditional power distribution network is strained, and creation of biogas using waste materials will deliver a reliable source of power to drive economic growth, according to a report.
Makula Dunbar, 3:09 pm
The program dubbed ‘Banking on Change’ is providing financial literacy and availability to services to Zambia’s poor. The majority of the population has in the past been excluded from creating savings and financial plans
Dana Sanchez, 2:11 pm
The online market in Nigeria is beginning to show tremendous growth as more consumers start using the internet to shop, says South African venture capitalist Manuel Koser.
Dana Sanchez, 1:20 pm
An Indian telecom operator paid more than $10 billion in 2010 for businesses in 15 African countries but business has not panned out over the last three years as planned, a report says.
Makula Dunbar, 12:01 pm
Ethiopia and Egypt have agreed to hold further talks on the impact of a huge Ethiopian dam project to quell tensions between the two countries over water-sharing.
Steven J. Smith, 10:07 am
Agricultural extension services — widely available in the 1970s — are now available to only 14 percent or fewer farming households in Uganda today, a business leader says.
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