Business

Leaders attend China-Africa summit

The next FOCAC will be hosted by South Africa. (Image source: FOCAC)The fifth Forum on China-Africa Cooperation (FOCAC), which was attended by six African heads of state, has concluded in Beijing, China

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New mining fund committed to investing in Africa soon

coal NitinKirloskarThe second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months

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Swedish funds found for African online film distributor

lappy  Elvert BarnesOnline distributor of African movies, Iroko Partners, has received US$2 million funding from a Swedish firm, which it has said it will use to take its service to cable and satellite TV partners in the US and Europe

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Equity firm invests in East Africa’s largest shopping destination

shoppingPrivate equity firm Actis has confirmed that its next real estate investment will be in Garden City, a 32-acre development off Nairobi's Thika Highway

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Morocco named top European offshoring destination

Morocco_offshoring_destinationThe European Outsourcing Association (EOA) has named Morocco and MEDZ Sourcing as its ‘Offshoring Destination of the Year’

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