Tag Archives: private investors
private investors: Latest News
Kurt Davis Jr., 2:33 pm AFKI Original
Investors are strategically betting on the upside in Francophone Africa due to strong economic growth rates and a stable CFA franc. Lusophone Africa also presents opportunity. Low assets prices have replaced the exorbitant numbers of the oil-and-gas heyday, particularly in Angola and Mozambique. Debt restructuring can restore some confidence in Mozambique’s economic system. Private investors are finding a government more willing to deal on better terms, and companies that are pricing assets at fairly digestible prices.
Kurt Davis Jr., 7:45 am AFKI Original
Everyone knows that Africa leapfrogged landlines to mobile phones, but without mobile, the continent is unconnected. Less than 20% are connected to the internet. Business and finance have become online activities globally. Africa needs to get up to speed to compete. Private investors are looking beyond the usual suspects. These are the African countries with the best opportunities for private investors to expand internet capacity in 2017.
Kevin Mwanza, 12:32 am
According to the East African Business Week, the Ugandan government has invited private and foreign investors to develop some 59 mini-hydro dams that will generate a combined 210 megawatts. The small hydro sites, mainly located in the hilly western and eastern part of the East African nation, will generate between 0.5 megawatts to 5 megawatts.
Staff, 9:32 am
Unknown to farmers, Mkenda Kyela Supply Company is part of a public-private plan to develop the agricultural sector in Tanzania. The company is also one of 16 Tanzanian based companies which have pledged to expand agriculture investments in a responsible manner, including smallholder farmers, under the G8 New Alliance for Food Security and Nutrition.
Kevin Mwanza, 10:42 am
After years of waiting the Kenyan government last week announced that it was going to sell five state-owned sugar companies to private investors. It also wrote-off $603 million in debt for the five factories based in the western part of the country. In the next nine to 12 months, the government will sell stakes in Chemelil Sugar Company, Nzoia Sugar Company
Dana Sanchez, 1:41 pm
At the World Economic Forum in Davos, South African President Jacob Zuma said African countries should focus on attracting private investors, developing infrastructure and reducing barriers to trade among African countries. “If we don’t have intra-African trade, if we don’t soften our borders, if we don’t increase the economy among ourselves, we are not going to succeed,” Zuma said.
Kevin Mwanza, 7:52 am
The government is now considering inviting private investors to help in sealing the demand gap by creating more independent power station and generators. This is at the risk of awakening the wrath of the powerful labour unions. A report by Forbes said that pending legislation will allow independent energy companies to sell into the national grid.
Kevin Mwanza, 2:44 am
With the recent $12 billion dollar agreement signed between the Nigerian government and the China Railway Construction Corporation (CRCC), there has been increasing excitement over the potential of Nigeria’s railway sector. In the past few years, the Nigerian government has been shopping for private investors to help modernize the sector through Public-Private Partnerships.
Dana Sanchez, 12:38 pm
For private investors in infrastructure and property development, profit margins can be up to 200 percent in parts of Africa but the political environment in some countries acts as a deterrent, a stakeholder says. “In Ghana, the profit margin can be between 100-to-200 percent,” said Kofi Smith. “Ghana does not have much of a credit system in place, but investors who go in liquid can make a lot of money.”
Dana Sanchez, 1:31 pm
Demand for olives from foreign markets has boosted production due to low European output and the quality of South African olive oil, IPPMedia reports. South Africans consume relatively little olive oil. Tanzania hopes it climate will allow olives to grow there too.
- Real Estate