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AfricaMoney | June 24, 2017

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Ford Foundation Appoints Innocent Chukwuma to Lead Its West Africa Office

December 13, 2012 | December 13, 2012: The Ford Foundation announced the appointment of Innocent Chukwuma as representative for West Africa, serving Nigeria, Ghana, Senegal, The Gambia, Mali, Guinea and Sierra Leone. Chukwuma will be based in the Ford Foundation’s office in Lagos and will oversee all of the foundati...
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DHL expands sea-air multi-modal offering to Africa

December 12, 2012 | Dec. 12, 2012 /PRNewswire/ — DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, is further boosting Asia-Africa trade lane growth by expanding its multi-modal product combining ocean freight and air freight services to eight new destinations in Africa. Dubbed “...
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Ecobank To Buy Investment Bank

December 11, 2012 | Photo: Anthony Okpanachi Ecobank Kenya is taking steps to purchase an undisclosed local investment bank as part of plans to facilitate Ecobank involvement in oil, gas and energy deals. According to chief executive officer of Ecoba...
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Top CEOs call for joint effort to halt SA ‘decline’

December 11, 2012 | Picture: Ralph Mupita THIRTY-three prominent business figures from several leading South African companies on Sunday boldly called for unity among businesses to arrest a decline in confidence in South Africa’s future, warning the country could "unravel" if challenges in education, corruption an...
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Toys ‘R’ Us and Reggies changes ownership

December 11, 2012 | JOHANNESBURG - Toys ‘R’ Us and Reggies new owners saw the opportunity of moving from the distribution of toys and baby products to selling them to the rest of Africa when its founders decided to sell Redgwoods, the owner of these companies five months ago. Mohsin Mia and Christian Larsen who bou...
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World Bank: “African cities can become more sustainable and resilient by better water management”

December 8, 2012 | December ,2012: As Africa urbanizes at a faster rate than any other region in the world, a more integrated approach to urban water management is needed to solve complex water challenges in Africa’s teeming,  thirsty cities, making them more sustainable and resilient, says a World Bank report pres...
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Special Report On Africa’s Richest

December 4, 2012 | Aliko Dangote is Africa’s richest man Amid grim news about the global economy, Africa continues to shine. Forbes’ second annual list of Africa’s 40 Richest reflects growth across much of the continent. The moguls’ combined net worth, now $72.9 billion, is up 12% over last...
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Aliko Dangote,
Dangote Group
Nigeria

December 4, 2012 | Aliko Dangote Dangote Group Nigeria Networth: $ 12 billion Forbes’ richest African Alhaji Alikpo Dangote topped the Forbes list with a net worth of $12 billion from ...
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Nicky Oppenheimer,
De Beers Diamond
South Africa

December 4, 2012 | Nicky Oppenheimer De Beers Diamond South Africa Networth: $ 6 billion Forbes 2nd richest African   Ranked first South African billionaire from Forbes in 2012 with a fortune of $ 6 billion, Nicky Oppenheimer is the President of the diamond c...
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Johann Rupert,
Richemont
South Africa

December 4, 2012 | 1 Johann Rupert Richemont South Africa Networth: $ 5,7 billion Forbes 3rd richest African Johann Rupert is a South African businessman and chairman of the Luxury Goods Company "Richemont" and he is also Non-Executive Chair of VenFin and Remgro which are two companies based in S...
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Nassef Sawiris,
Orascom
Egypt

December 4, 2012 | Nassef Sawiris Orascom Egypt Networth: $ 5,5 billion Forbes 4th richest African Nassef Sawiris has been a Director and the Chief Executive Officer of OCI since its incorporation in 1998 and assumed Chairmanship in 2010. Mr. Sawiris oversaw the construction activities of Orasc...
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Mike Adenuga,
Globacom
Nigeria

December 4, 2012 | Mike Adenuga Globacom Nigeria Networth: $ 4,6 billion Forbes 5th richest African Nicknamed “the Guru” in his native Nigeria, Adenuga debuts on Forbes billionaires list in 2011 after making waves with mobile technology firm Globacom, Nigeria’s second-largest mobile telec...
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The World Bank US$5 Million Grant Supports Union of Comoros with Economic Reforms, Improve Public Financial Management

December 3, 2012 | November, 2012 - The World Bank approved today an Economic Reform Grant to the Union of the Comoros in the amount of US$5 million provided by the International Development Association (IDA) to support economic reforms and improve public financial management, the multilateral institu...
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Lead negotiator reveals Africa’s four-point agenda to salvage COP18

December 3, 2012 | DOHA, Qatar, December 3, 2012/African Press Organization (APO)/ The African Group at the UN Climate Conference has said it is galvanizing support to bring the talks “back on track” and salvage what some delegates fear could be the least productive of the Conferences of the P...
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Africa’s 40 Richest

November 29, 2012 | Aliko Dangote is Africa’s richest man Amid grim news about the global economy, Africa continues to shine. Forbes’ second annual list of Africa’s 40 Richest reflects growth across much of the continent. The moguls’ combined net wor...
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Buyright Africa to Unveil Employees’ Digital Credit Scheme

November 29, 2012 | As part of its drive to offer Nigerian Employees with opportunity to own ICT and electronics appliances, Buyright Africa has announced plan for the formal unveiling of its digital Digital Welfare scheme (NEDWS) next month in Abuja.  The NEDWS allows Nigerian employees in both the public and private...
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Luxury industry takes its time to embrace Africa

November 25, 2012 | November 2012: In a Reuters report, the African continent has more millionaires than Russia. But shopping for designer and luxury commodities means travelling to Europe or New York. Source: Reuters Click on the following link to read the article in full:  Read More

Better Information Systems Needed in Africa to Strengthen Health Services – UN Official

November 25, 2012 | November 2012: A United Nations official stated this week that African countries needs to improve the ways in which they “collect, organise, and transmit health information to their citizens” reported All Africa. In a report presented to the World Health Organisation, Luis Sambo, WHO Regional Di...
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Trimble Expands CenterPoint RTX Correction Service to Farmers Worldwide

November 24, 2012 | November 2012: 2012 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that its high-accuracy, satellite-delivered CenterPoint™ RTX™ correction service is now available for farmers across the entire U.S. as well as most of Europe, Russia and the Commonwealth of Independent ...
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AFRICAN LEADERSHIP IMPORTANT IN SUCCESS OF AGRICULTURE LED DEVELOPMENT

November 24, 2012 | November, 2012/African Press Organization (APO)/ It is an uncontestable fact that access to food is a basic human right. The agricultural sector also offers many opportunities to spearhead development in Africa. It is therefore imperative for Africa to produce enough food for i...
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Mombasa seaport expansion to be completed in early 2013

November 23, 2012 | November 22, 2012: African Review reports that the construction of a new berth at the Mombassa’s port in Kenya will be completed by early 2013. Port authorities in Kenya said that the construction of this new berth will trigger more facilities i.e. more of cargo space. Read More

Ethiopian African CEO of the Year warns of challenges ahead

November 22, 2012 | November 22, 2012: The Chief Executive of Ethiopian Airline, Tewolde Gebremariam, has proved that state-owned airline can be profitable even during difficult time. Gebremariam, who was awarded the African CEO of the Year at the Africa CEO Forum, held in Geneva, said that consolidation among African ...
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ABRAAJ wins the Best African Investment Fund award at the Africa CEO Forum Awards 2012

November 22, 2012 | November 22, 2012: ABRAAJ wins the Best African Investment Fund Award during the Africa CEO Forum Awards held in Geneva. The Abraaj Capital Group is a leading private equity manager investing in global growth markets. Founded in 2002 by Arif Naqvi, the group has raised over US$ 8 billion and dist...
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OLAM rewarded as the Multinational in Africa by the Africa CEO Forum Awards 2012

November 22, 2012 | 2 Sunny Verghese, managing director of the Olam group November 22, 2012 : Olam, a Singapore-based company, has been rewarded as the Mu...
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Africa CEO Forum Awards 2012: Eco Bank bags the PAN-African Company of the year

November 22, 2012 | November 22, 2012: This award recognizes the African company that has achieved the greatest expansion on the continent. Eco Bank Ecobank, whose official name is Ecobank Transnational Inc. (ETI), but is also known as Ecobank Transnational, is a pan-African banking conglomerate, with banking operation...
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Nampak more than doubles profit from Africa

November 22, 2012 | November 22, 2012: Nampak today released its results for the year ended 30 September 2012. Trading profit from the rest of Africa increased by 159% following good contributions from Angola and Zambia. Group trading profit increased by 16% to almost R1.8 billion, with improved results from most op...
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Acting Secretary Of Commerce Rebecca Blank to Launch Administration’s ‘Doing Business in Africa’

November 22, 2012 | November 22, 2012: Blank will advance initiatives to promote economic growth, trade and investment as a part of President Obama’s Strategy Toward Sub-Saharan Africa. Acting Secretary of Commerce Rebecca Blank will travel to South Africa and Kenya next week to advance key elements of the President...
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