Ventures Africa - African Business, Financial & Economic News
WEBBusiness. Kim-Fay partners with Norfund and I& M Bank on world-class facility at Tatu City, Kenya. Kim-Fay, a leading manufacturer and distributor of hygiene, tissue, and home care products in East Africa, has secured funding from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank for its new facility...
Eko Atlantic City: A Mammoth New Development On The …
WEBDec 3, 2012 · Why Lagos Needs Eko Atlantic City Lagos, which sits in the south-western region of western Nigeria, is a city perpetually on the brink of flooding. Bounded in the South by the Atlantic Ocean, the city is situated on the mainland, home to 70 percent of the city’s population with series of islands and a peninsula that holds the remaining 30 ...
Illovo: Leading The Business Of Sugar Production In Africa
WEBMay 5, 2012 · Established in 1891, Illovo, is currently one of the leading sugar producers globally with 47% of its revenue from South Africa. As one of the oldest sugar company in the world, Illovo prides itself as a low-cost sugar producer and a significant manufacturer of high-value downstream products. It has operations in six African countries including ...
A Look At Nigeria’s First Automobile Manufacturer
WEBNov 3, 2013 · This man is responsible for launching Africa’s first indigenous motor brand: Innoson Vehicle Manufacturing Company (IVM), though his journey has not been without challenge. Industry and Infrastructure. For many years, Nigeria, with its population of some 160 million people, has been a significant market for many of the world’s automobile ...
Power Players – Africa Tech Festival’s 2023 Headliner Line-up
WEBOct 5, 2023 · Africa has abundant economic potential and the enormous uptake of digital technology socially and in the business sector, has positioned the continent for explosive growth, but there are challenges that lie in wait. Many of...
Global Ankara Trend: The Colourful Fabric ... - Ventures Africa
WEBJul 17, 2014 · This has been adopted as the collective name for the current global Ankara trend. Different items fashioned out of the Ankara fabric are now spotted in places where it was once viewed as unsuitable. As Duro Olowu -a Nigerian fashion designer- said, “For a long time, there was a sense that this was limited to Africa but now it has become global.
South Africa Competition Authorities Approve Glencore, Xstrata …
WEBJan 22, 2013 · VENTURES AFRICA — South Africa’s Competition Tribunal conditionally approved the proposed merger between commodities trader, Glencore and mining giant, Xstrata, competition authorities said on Tuesday. This leaves just one more regulatory hurdle for the two companies which is the need to …
What you should know about the Indorama, Nigeria-based urea …
WEBJan 26, 2023 · Agriculture places a critical role in the sustenance of lives and livelihoods on the continent. A 2019 McKinsey report emphasised the role of agriculture in Africa, which has a massive social and economic footprint.
The 5 Largest Retailers In South Africa
WEBAug 10, 2012 · Massmart Holdings Ltd. Massmart owns local brands such as Game, Makro, Builders’ Warehouse and CBW. It is the third largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods.It operates 302 stores in South Africa and 12 …
Interview with South Africa’s richest man, Patrice Motsepe
WEBMar 4, 2012 · Loni Prinsloo recently interviewed Motsepe, a South African Entrepreneur who was named as South Africa’s wealthiest man in the Sunday Times Rich List. In the interview, Motsepe shared his excitement about the emergence of a new generation of African entrepreneurs. “There is a new generation of Africans that have studied in …