Business

Caterpillar invests US$1bn in business, education and training across Africa

women training African Review of Business and technologyCaterpillar chairman and CEO Doug Oberhelman have announced that the firm its independent dealers and the Caterpillar Foundation plan to invest more than US$1bn in countries across Africa over the next five years

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South African groups invest in retail in Mozambique

shopping alexas fotosSouth African company African Property Investimentos Lda plans to invest about US$60mn in construction of a shopping centre in the city of Nampula, capital of the province of the same name in northern Mozambique, under an MoU signed

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Algeria, Indonesia sign mining deals worth US$4.5bn

Algeria Indonesia sign three mining deals worth US4.5bnTwo Algerian firms and an Indonesian industrial group have signed three accords to invest US$4.5bn in phosphate mining, a statement by the Algerian Ministry of Industry and Mines said

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Dangote Group becomes a shareholder in Afreximbank

Aliko DangoteDangote Group, the Pan-African conglomerate, has acquired shares in Cairo-based African financial institution Export-Import Bank (Afreximbank)

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Africa Business Forum opens registration

Fotolia 46731424 Subscription XXLAfrica Business Forum is back for its fourth year in Addis Ababa, Ethiopiaand has opened registrations for the event on 1 June 2016

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