Business

Strong results boost SafariCom prospects in Kenyan 4G market

Safaricom CentreSafaricom has posted a healthy performance in its H1FY17 results, with a 111.6 per cent year-on-year increase in free cash flow

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Africa's PPPs "require greater stakeholder cohesion"

PPP4The use of public private partnership (PPP) contracts are becoming more prevalent on the continent, but the mechanism requires careful handling by all partners to deliver scalable benefits across the value chain, delegates attending a recent African PPP event in London heard

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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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