Tag Archives: investing
investing: Latest News
Kurt Davis Jr., 7:57 am AFKI Original
In cities from Victoria Island in Lagos, Nigeria to Maputo, Mozambique, gym memberships can be above $100 per month. Africans are paying higher fees than in more mature markets. Zumba classes are abundant, yoga is everywhere, and biking and running are an ever-growing trend in Africa. Putting cash into the facilities for these types of activities is lucrative. Scalability is still a concern but branding across borders and within regions is necessary for growth.
Keren Mikva, 12:59 pm
Zambian artist Caleb Chisha sees his art as a religion, and he worships at the church of daily rituals, often portraying the culture and traditions of African daily life. Namibia and Zambia have artistic traditions that span thousands of years. Both are recent players in the global contemporary art scene as interest mounts globally to invest in African art. These are some artists whose voices make them standouts.
Lillian Mutiso, 6:55 am AFKI Original
Ethiopia, a landlocked country in the Horn of Africa with a population of about 96 million people, has one of the fastest growing economies in Africa with an average 10.3 percent growth in recent years. Despite this high growth, the world Bank ranks Ethiopia 104th out of 183 countries on its East of Doing Business Index. Regulatory hurdles, legal threats to property, and the time and money spent on registering a business are some of the issues.
Anna B. Wroblewska, 6:28 am AFKI Original
But buyouts are only one slice of the African private equity market, and funds looking to diversify into Africa have more to worry about than the potential pricing risks posed by their competition. “You always have competition,” Romain Py, executive head of transactions with African Infrastructure Investment Managers, told AFKInsider.
Dana Sanchez, 1:30 pm
If you’re thinking of investing in African contemporary art, there are several undervalued artists in that category, according to Anton Welz, director of Stephan Welz & Co. auction house in Johannesburg and Cape Town. Three African auction houses are listed among the world’s 250 top auction houses in a special issue of Art+Auction. Check them out here, along with some of their most notable sales.
Dana Sanchez, 12:27 pm AFKI Original
Land is one of the assets Mozambique has to offer, but a company can’t actually buy or own land there. That isn’t seen as a limitation, a local consultant said. In Mozambique, where the Portuguese colonial system is still evident in many aspects of the formal economy, one company found a niche market to assist investors who want to do business there.
D.A. Barber, 3:22 am AFKI Original
Investors will be flocking to Africa as well as London and Washington in October for not only African energy conferences, but conferences targeting the business sectors involved in financing, infrastructure, and the mining industry. Two conferences are worth noting right up front. The first is the 6th U.S.-Africa Infrastructure Conference (Washington, D.C., Oct. 7-8) sponsored by the Corporate Council on Africa.
D.A. Barber, 3:10 am AFKI Original
If you’re an international energy investor eyeing Africa, you’re going to have a busy month in September nation hopping. Kenya, South Africa, DRC, Rwanda, Ghana and even China are all hosting major conferences targeting energy and infrastructure investment in Africa. The Eastern African region is undergoing an energy revolution, South Africa is leading renewable energy development, the Western region is ramping-up development of its oil and gas resources and China continues to spend lavishly on African energy and infrastructure projects.
Ann Brown, 5:00 pm
From The Economist A woman with shiny brown locks stares down from billboards at motorists navigating Cairo’s chaotic streets. This is how TREsemmé, an American hair-care brand, introduced itself to Egyptians in February. At 65 Egyptian pounds ($9.25), a large bottle of shampoo is not cheap. Yet Unilever Mashreq, the Dubai-based branch of the European […]
D.A. Barber, 3:36 pm AFKI Original
More than two thirds of Africa’s population is without electricity, including roughly 85 percent of those living in rural areas. Private investment will play a critical role. The “Third Annual Powering Africa: Mozambique” conference is scheduled for May 8 and May 9 in Maputo, one of many major conferences in Africa in May targeting energy and infrastructure investment.
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