January 2011
9 posts
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Africa is being identified as an investment...
The so-called frontier markets of sub-Saharan Africa showed sharp equity price gains in the first week of trading in 2011, according to pan-African financial services group Imara. The company speaks of “an Africa comeback”, following strong buying by offshore investors in the final quarter of 2010.
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And India races for Kenya's FMCG sector
A fresh round of competition is expected in the domestic consumer goods market following plans by two giant Indian firms to buy into the industry that is fast attracting foreign firms eyeing regional markets.
Indian consumer product giants Dabur, and Emami, said they planned to make asset acquisition in Kenya among other African countries as a way of growing their businesses in the frontier...
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China races for business in Kenya’s telecoms...
The battle between China and Western nations for business in Kenya is moving to the telecoms sector as the Asian country grows its market share in the mobile handset and infrastructure market at the expense of European firms.
Until five years ago, the Kenyan telecommunications sector heavily leaned towards European based firms such as Ericsson, Alcatel-Lucent and Nokia. More recently, however,...
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“The world responded
We have been amazed by the global response to this...”
– A Global Challenge, A Global Response | The intersection of the web and the World Bank.
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“Unlike earlier African booms, this growth has not been driven primarily by...”
– Irish firms should see Africa’s growth as an opportunity - The Irish Times - Fri, Jan 07, 2011
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Africa is now one of the world’s fastest-growing...
MUCH has been written about the rise of the BRICs (Brazil, Russia, India and China) and the shift in economic power eastward as Asia outruns the rest of the world. But the surprising success story of the past decade lies elsewhere.
An analysis by The Economist finds that over the ten years to 2010, no fewer than six of the world’s ten fastest-growing economies were in sub-Saharan Africa (see...
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