India’s public sector lender Canara Bank has outlined plans to open its first branch in Johannesburg, South Africa, by December 2013 in an attempt to expand its overseas branch network
Finance
Chinese bank invests in African infrastructure development
![The China-Africa Development Fund has already financed several infrastructure development projects across Africa. (Image source: Tylerriewer/Flickr)](/images/CDB__tylerriewer.jpg)
The China-Africa Development Fund has already financed several infrastructure development projects across Africa. (Image source: Tylerriewer/Flickr)
China Development Bank (CDB) has invested at least US$2.4bn in African infrastructure and commercial projects
Russian nuclear firm plans to generate more than 15,000 jobs in South Africa
![Rosatom will bid for the construction of six South African power units with a total installed capacity of 9.6GW. (Image source: Rosatom)](/images/rosatom.jpg)
Rosatom will bid for the construction of six South African power units with a total installed capacity of 9.6GW. (Image source: Rosatom)
Russian state-owned nuclear company Rosatom has revealed plans to generate more than 15,000 jobs in the South African in construction, service and operations sectors
South African property firm targets growing retailer interest in Kenya
![A host of international and regional firms have been eyeing up property opportunities in Kenyan capital Nairobi. (Image source: Mkimemia)](/images/Nairobi_property_retail.jpg)
A host of international and regional firms have been eyeing up property opportunities in Kenyan capital Nairobi. (Image source: Mkimemia)
South African property management firm Broll has entered the Kenyan market in an effort to benefit from the growing number of foreign retailers seeking space to conduct business in the East African country
Zambia makes 'major economic strides'
Zambia has made significant strides in the improvement and stabilisation of the macro-economic environment to support industrial development, according to Bright Chunga, president of the Zambia Association of Manufacturers