Tag: foreign investors
Zambia Pushing Back Against ‘Abusive’ Investors
AFRICANGLOBE - Zambia has also started "pushing back" on foreign investors that want to do business the old way, including firms based in China and India.
Land Grabs In Africa – A Double-Edged Sword
AFRICANGLOBE - Foreign investors are taking as much as they can from an impoverished nation, including its crops, land and the hard work of an Ethiopian population, to serve their own interests above others.
Ghana Revises Investment Laws to Safeguard Local Traders
AFRICANGLOBE - Ghana's parliament has revised investment laws to rectify the abuse of sectors reserved for Ghanaians by foreign investors, particularly in the retail and trading sectors.
Africa Main Target for ‘Land Grabs’ – Report
AFRICANGLOBE - Africa is the main target for "land grabs" by foreign investors, according to a new report on large-scale land acquisitions around the world released Monday. Africa is the place for cheap land deals and most investors are from Western countries
American Investor Reveals Where He Sees Potential in Africa
AFRICANGLOBE - Africa’s consumer-facing industries have the potential to deliver good investment returns, according to American investor Robert Scharar, Commonwealth Funds manager and president of financial planning and investment firm, FCA Corp.
Africa Offers Better Returns On PE Investments Amidst Risks: KPMG
AFRICANGLOBE - According to audit, advisory and tax service provider KPMG, Africa’s private equity (PE) landscape is uncharted and at an early stage of development, however, it is growing steadily and giving good returns.
Ethiopia Cancels Foreign Investment Licences
AFRICANGLOBE - Ethiopia has cancelled 330 foreign investment licences, claiming the companies had failed to implement planned projects.
The Ethiopian Investment Agency said the investors had failed to carry out various projects in different parts of the country after they were awarded licenses worth hundreds of millions of dollars.
Africa’s Richest Man Reiterates the Pertinence of Local Investment
Africa richest man and CEO of Dangote Group, Aliko Dangote has charged Nigeria local investors to increase their level of investments as he reiterated the...
Nigeria Remains Attractive to Investors
Ms. Marie Francoise Marie-Nelly country director for the World Bank, said yesterday in Abuja that despite the current infrastructure challenges facing Nigeria, the country...
Nigerian Govt Signs U.S.1 Billion Mining Deal with Foreign Investors
In a move that will further diversify Nigeria's economy from the oil sector and kick-start an industrial revolution, the federal government yesterday signed a...
Hundreds of Investors Set to Attend Nigeria International Investment Forum
About 100 foreign investors and over two hundred Nigerian l businesses are expected to participate at the second Nigeria International Investment Forum that is...
Nigerian Govt Secures Big New Investments
Nigeria's Federal Government has secured about N2.2 trillion investment commitment from foreign and local investors for the non-oil sector of the Nigerian economy which will be invested in the country within the next 12 months.
