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Nigeria to Become Net Exporter of Steel By 2014

Nigeria is to become one of the major steel-exporting countries by the year 2014, according to projections by the Standards Organisation of Nigeria (SON). This...

Nigeria – a ‘Pivotal Power’ in Emerging Markets?

Some of the discussion at this week's Emerging Markets Funds conference in London is around the notion of 'pivotal powers' and their role in...

Technology Soon to Become Kenya’s Top GDP Earner

Kenya's telecommunications sector could become the greatest contributor to the country's Gross Domestic Product (GDP) in a few years, if the momentum in the...

Tanzania On Stairways to Economic Heaven – World Bank Report

Tanzania can achieve her vision of accelerated and shared growth through the combination of fiscal prudence, cost-effective reforms in the education sector, and smart...

Kenya to Host Regional Tourism Conference

Tourism stakeholders from the East African region are set to converge in Nairobi in March to discuss ways of tapping into the growing online...

Liberia Makes ‘Significant’ Oil Discovery

Officials at the National Oil Company of Liberia (NOCAL) announced Tuesday that they welcomed pronouncement by African Petroleum that its Narina-1 exploratory well drilled...

New Look African Union Mission in Somalia Now Includes Kenya

Kenya is to send close to 5,000 soldiers to serve under a new look African Union Mission to Somalia. The United Nation Security Council...

‘Resource Nationalism’ Means Africa Is Waking Up – Finally

Some 13 months ago I sat inside one of the hi-tech seminar rooms at the Kofi Annan Centre of Excellence in ICT in Accra,...

Zimbabwe’s Real Estate Sector Set to Grow

Zimbabwe's real estate sector is expected to register a boom in the event of a lasting political solution from the fractious inclusive government formed...

Kenyan Firms Dominate East Africa’s Cross-Border Investments

Kenya has been attracting the the least Foreign Direct Investment from its East Africa neighbors, despite spreading its investments across the region's economies. Intense competition...

South African Mining ‘Open for Business’

Four key players in South African mining, taking part in a debate recently facilitated by Brand SA, acknowledged that the sector is faced with...

Chinese Influx Threatens Eastern Caribbean Businesses

Reacting to entrepreneurs' complaints that the influx of Chinese businesses was posing a threat to their survival, St Lucia's foreign minister Alva Baptiste said...

Analysts Predict 13 Percent Growth for Nigerian Stock Market

Despite recording a decline of 0.7 per cent in the first month of the year, more capital market and financial analysts remain optimistic that...

Can Kenya’s Booming Property Market Stand the Heat?

In the ridges of Nairobi's Ruaka estate at least one four-storey building is completed every two weeks. The majority of rentals are fully booked before completion, while those for sale are half sold before the ground breaking is done. Those in the know say that is due to the huge mismatch between demand and supply of housing in the country. A drive around most of Nairobi's estates and its environs reveals the same story.

Gas Set to Power Tanzania’s Economy

The Tanzanian government must ensure that its citizens are fully involved in the gas and oil exploration, production and processing chain, to enable the country to reap maximum benefits from its huge fuel reserves. That's the advice that experts are floating, in the light of geological surveys and reports, which indicate that Tanzania is on the verge of discovering huge commercial gas reserves that would generate billions of dollars in Foreign Direct Investments (FDIs).

Wanted: More Black Entrepreneurs

As a young black man graduating from the College of the Holy Cross 40 years ago, Ted Wells felt his generation had reason to hope racial barriers to economic advancement would disappear. In many ways he was right. Wells went on to earn both an MBA and a law degree from Harvard before becoming one of the country’s top trial lawyers.