Nigeria, France Trade Hits $7.7 billion
23/09/2013Nigeria’s bilateral relations with France continue to strenghten as trade volume between the African and European nation hit an all time high of €5.7 billion ($7.7 billion) in the last.
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General Electric (GE) Wins $1.9 Billion Deal To Supply Algerian Turbines
23/09/2013General Electric (GE) on Sunday said it had won a $1.9 billion deal to provide Algeria with turbines for six power plants. According to the Wall Street Journal (WSJ), the.
Development Stories
MTN Sponsors 24 Youths To One Young World Summit
21/09/2013MTN, the National Host Sponsor of the 2013 One Young World Summit, the first to be held in Africa, selected 24 youth delegates from 19 of its markets across Africa.
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Africa’s Youngest Billionaire, Ashish J. Thakkar Is First African To Make Fortune 40 Under 40
21/09/2013Ashish J. Thakkar, the 32 year-old founder and CEO of Mara Group, has emerged the first African ever to be named in Fortune Magazine’s prestigious annual 40 Under 40 list which.
Entrepreneurship
Africa’s Richest Woman Isabel Dos Santos To Open Retail Business
21/09/2013Angola’s richest woman, Isabel Dos Santos is partnering with Sonae, Portugal’s largest retailer, to launch 5 new food hypermarkets in Angola, Reuters has reported. The first hypermarket is scheduled to open sometime in 2015. Sonae is.
Entrepreneurship
What It Takes To Build Nigeria’s Largest SME Data Company
21/09/2013Vconnect with an initial capital of $63,000 amassed a database of 700,000 business listings in a market where naspers’ mocality shutdown Deepankar Rustagi is an entrepreneur of Indian descent, but.
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The Link between Africa’s Energy and Infrastructure Development
21/09/2013By Ambassador (Dr.) Robin Renee Sanders One of the key issues facing sub-Saharan Africa today is the challenge of bridging the region’s energy-infrastructure gap. Yes, we have all read the.
Development Stories
Spinlet, the iTunes of Africa, hits 650K subscribers — and is targeting 50M users by 2016
20/09/2013A Canadian who worked for a company that owns half of China’s Tencent is helping reinvent music in Africa via a company started by two Finns that was sold to.
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China – Africa Economic And Trade Relationship Attain Record Heights.
20/09/2013Chinese participation in reconstruction and financial service in Angola and in agriculture in Mozambique are some of the examples outlined in the new strategic document of the Chinese government for.