Doing Business

High-level representatives from 44 African countries wrapped up a United Nations-backed conference in Nigeria this week with the approval of an ambitious plan to generate employment, income and food security across the continent through agribusiness.


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Gabonese President Ali Bongo announced on Thursday a series of "emergency measures" to fight corruption, help industry and defend the environment.


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About 30,000 small-scale farming households in Zambia, many headed by women, will benefit from a US$20 million loan to the country from the International Fund for Agricultural Development (IFAD).


(2 Votes)

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The Coca-Cola Company, nonprofit TechnoServe, and the Bill & Melinda Gates Foundation have launched a partnership to enable over 50,000 small fruit farmers in Uganda and Kenya to increase their productivity and double their incomes by 2014.


(3 Votes)

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Ethiopian Airlines hopes to boost profits this year by taking advantage of growing ties between Africa and China and India, adding new routes to the Asian powers, Chief Executive Girma Wake said on Thursday.


(2 Votes)

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Ivory Coast's main port of Abidjan has launched a system to allow customers to track their goods' passage to and from the port, increasing operational transparency and efficiency, the managing director said.


(2 Votes)
Tags: Abidjan - corruption - efficieny - travel - trade - goods - Cote D'ivoire

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Nigeria's anti-graft police on Monday said they have recovered more than 171 billion naira ($1.1 billion) from bad debtors of banks whose chiefs were recently sacked for maladministration.


(1 Vote)

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The first non-stop Emirates service from Angola's capital Luanda arrived in Dubai in the early hours of Monday, amid hopes of expanding business links between the two countries.


(2 Votes)
Tags: Emirates - Dubai - Luanda - Angola

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A new project development facility, launched last night by Standard Bank and the United Nations Environment Programme (UNEP), will give a boost to carbon offset projects in African countries.


(3 Votes)

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Internet prices in Cameroon have fallen more than 90 percent since the beginning of the year, but some want them even lower. Due to the falling prices, many people can afford to set up connections in their homes and offices.


(2 Votes)

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BBC World News has launched the Africa Business Report, a new show focussed on the benefits and challenges of doing business on the continent. The programme will aim to capture some of the energy and diversity of business life in Africa.


(2 Votes)

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One of Africa's largest oil producers, Angola, is much tougher in negotiating deals with Asian firms than critics might suggest, a new report claims. UK-based think-tank Chatham House says that Angola is resisting being exploited by Asian states.


(3 Votes)

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Gill Marcus's credentials as a former central bank deputy governor and head of South Africa's largest retail banking group should reassure markets she is an able successor to respected outgoing governor Tito Mboweni.


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The United Nations and the African Union have launched a new tool, designed in partnership with the Microsoft Corporation, to help map investment flows on the continent and provide business leaders the information they need to make sound decisions.


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Egypt continues to make progress in combating software piracy, with its rating by the annual Business Software Alliance (BSA), showing declining levels of the practice in the country.


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Indonesia and Namibia will sign a memorandum of understanding today to form a joint ministerial commission for bilateral cooperation, the Ministry of Foreign Affairs said on Monday.


Tags: Namibia

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Time magazine has selected 'Africa, business destination' as one of the 10 Ideas Changing the World Right Now, a collection of ideas in response to the changing global economy.

 


(3 Votes)

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During African Economy week, the BBC's African Perspective spoke to two business gurus about the potential the continent offers for business and for profit.

(3 Votes)

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Michael_Kijjambu_sMichael Kijjambu is fighting an uphill battle. The owner of a small café in Kampala wants to make his country a coffee drinking nation.  But Uganda is a country of tea drinkers.  When Michael read that Ugandans drink more beer than any other nation in the world, he got a novel idea - make beer out of coffee, fermented coffee beans to be precise.  Suddenly, his stylish café is the place to be in Kampala.

Welcome to entrepreneurship in Africa where big challenges meet even bigger ideas.


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Access to finance and the levels of financial growth and development have a direct bearing on the rate of real economic growth and real incomes of a country; as a result Africa's ability to deepen her financial sector is critically important for sustainable real growth.

(4 Votes)

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Doing business became easier in Africa in 2005–2006, according to a new report by the World Bank and the International Finance Corporation (IFC).


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