• Published on 20 Mar. 2013 • Category : Investment Opportunities
An American Bank, Citi Bank, will soon make an entrance into Ghana’s banking sector as it seeks to obtain full banking license to commence operations in Ghana.The Chief Executive Officer of Citi Bank for Africa, Naveed Riaz who is on a visit to Ghana mentioned this when he paid a courtesy call on Vice President Kwesi Amissah-Arthur at the Flagstaff House in Accra on Tuesday.The Vice President noted that Citi Bank’s entrance into the Ghanaian banking market, would help raise standards in the industry.The bank would be the first US bank in Ghana and according to the Vice President, their p(...)Read More
• Published on 20 Mar. 2013 • Category : Investment Opportunities
The ever-expanding moonscape that stretches out behind a wall holding back the Atlantic Ocean here will one day host a project designed to help anchor Nigeria as Africa's biggest economy.
But if the ambitious plan to construct a new city on land reclaimed from the sea, called Eko Atlantic, represents Nigeria's future, it is one that will be outsourced. Nearly every aspect of it will be privately run, from electricity supply to security.
Economists expect Nigeria, already the continent's most populous nation and largest oil producer, to overtake South Africa in terms of gross domes(...)Read More
• Published on 13 Mar. 2013 • Category : Investment Opportunities
As Japan marks the second anniversary of the devastating earthquake and tsunami that left 20,000 dead or missing on March 11, 2011, its support to Africa remains steadfast.
Japan and other development partners will in the forthcoming fifth Tokyo International Conference on African Development (TICAD V) pledge to support and strengthen the private sector in Africa by encouraging countries to improve the investment climate and legal and regulatory frameworks.
At the conference taking place from June 1 to 3 in Yokohama, Japan will emphasise trade, technology transfer and ass(...)Read More
• Published on 07 Mar. 2013 • Category : Investment Opportunities
In this annual report from the world's leading travel magazine, Travel + Leisure, Africa's hotel hotspots shine occupying four of the top ten spots on its list.
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• Published on 28 Feb. 2013 • Category : Investment Opportunities
The Capital Markets Authority (CMA) has appointed a long-term Futures and Derivatives expert Assim Jang to provide technical assistance in the development of the long-awaited Futures Exchange, the first in East Africa. Read more...