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AFRICAN BUSINESS

Long plagued by poverty and conflict, the economic potential of Africa and African Business is just starting to be explored. The continent’s nearly one billion inhabitants have big consumer needs and surprising buying power; that potential is likely to make Africa the world’s next big value investment. What does this mean for business in Africa? If Africa is really the “last investment frontier,” business, and not charity, will finally break poverty’s continental choke-hold.

African Business is part of Business Exchange, suggested by Lawrence Delevingne. This topic contains 1,042 news and 2,562 blog items. Read updated news, blogs, and resources about African Business. Find user-submitted articles and reactions on African Business from like-minded professionals.

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The most active stories in this topic based on user activity.

Maryam Babangida is Dead; The Late Wife of Former Nigerian Head of Sta...more

Maryam Babangida is Dead; The Late Wife of Former Nigerian Head of State Ibrahim Badamasi Babangida Had Been Battling...

Disorder in the houses of OPECmore

Political turmoil in the homelands of some oil exporters is threatening the group’s ability to respond to a global...

Uganda's Kasamene yields thick pay intervalmore

Tullow Oil PLC said its Kasamene-2 appraisal well in Uganda Block 2 encountered 39 m of net oil pay and 8 m of net gas...

Millicom Ghana (Tigo) Sells 750 Towers to Helios Towers Ghana (HTG) « ...more

Millicom Ghana (trading as Tigo) has agreed to sell approximately 750 towers to Helios Towers Ghana (HTG), a direct...

Nigeria Imposes Tenure Limit on Bank CEOs: UBA’s Tony Elumelu and Zeni...more

Two of Nigeria’s most prominent bank chief executives are to be forced to stand down under new rules introduced by the...

All 90 feared dead in Ethiopian plane crashmore

All 90 people aboard an Ethiopian Airlines plane were feared dead after it plunged into the Mediterranean in a ball of...

Zenith Bank names Godwin Emefiele as MD/CEO Designate « African Busine...more

The Board of Zenith Bank Plc has announced the appointment of Godwin Emefiele as Managing Director/Chief Executive...

Nigeria’s Petroleum Sector Reforms: Debunking the Venezuelan Modelmore

The Nigerian petroleum sector clearly needs urgent reforms...but the Venezuelan management model is not...

Ex-Eskom CEO, Jacob Maroga, Says He Was Fired, Denies ‘Poor Performanc...more

Jacob Maroga, the former chief executive officer of Eskom Holdings Ltd. who is suing the South African electricity...

United Bank for Africa (UBA) Appoints Phillips Oduoza as MD/CEO Design...more

The Board of United Bank for Africa Plc has announced the appointment of Mr. Phillips Oduoza as Group Chief Executive...

Nigeria's Lukman says refineries must work before deregulationmore

"If our refineries are working at optimal capacity, we can then begin to talk about deregulation.

JSE tracks weaker global sentimentmore

SOUTH African stocks ended firmly in the red on Friday, largely in line with weaker international markets.

Shell says hopeful on Nigeria oil license renewal talksmore

Royal Dutch Shell said Wednesday negotiations between it and Nigeria on the renewal of its oil licenses were...

Setback for Tullow over Uganda oilmore

Uganda’s energy minister, threw Tullow’s plans into uncertainty by announcing that the “government supports the...

Clerics, others march over Yar’Aduamore

Prominent religious leaders are among the Nigerians who will today, under the Save Nigeria Group (SNG) march in Lagos...

Noble lets contract for Aseng work off Equatorial Guineamore

Noble Energy EG Ltd. awarded Technip a contract for part of the development work for Aseng field in Block I off...

Coal, paper and autosmore

The best performing sectors... include defensive stocks with steady earnings in a downturn, and counters that had...

Algerian oil, gas output 'unaffected' by corruption probemore

Algeria’s oil and gas production is unaffected by allegations of corruption among officials at state-owned Sonatrach,...

United Bank for Africa (UBA) Opens in Zambia – First Southern African ...more

United Bank for Africa Plc (UBA), the pan African banking group, has announced the opening of its Zambian operations –...

Criticisms trail tenure limit for bank chiefsmore

Mixed reactions have followed Tuesday’s decision by the Central Bank of Nigeria to fix a 10-year tenure limit for chief...

Working in South Africa, the Country of Contradictions « African Busin...more

After working for seven years in the UK, Tyron Whitley last year made the move back home to South Africa with some...

VIDEO: CNN Interview with James Makawa, Founder & CEO of Africa HD...more

Zimbabwean broadcaster James Makawa talks about his latest media venture, Africa HD. According to James Makawa, the...

VIDEO: CNN Interview with James Makawa, Co-Founder of The Africa Chann...more

"Time Out! Wait a minute! That has got to stop. Please do not ever call it the dark continent again.

World Bank sees oil averaging $76/b in 2010, $76.60/b in 2011more

Oil prices are likely to average $76/barrel this year and $76.60/b in 2011, up from an estimated $61.80/b in 2009, the...

SA factory revival gathers speed as demand recoversmore

MANUFACTURING activity grew faster than expected last month, a key industry survey showed yesterday, supporting hope...

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