Improving lives in Africa
June 19, 2010 – 7:04 am | No Comment

FROM McKinsey Quarterly:
Africa faces many challenges, particularly in health care, water, and climate. Yet what is surprising is that these issues can all be ameliorated or even controlled. This package of …

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Bharti and Zain Close on $9 Billion Deal
June 8, 2010 – 2:04 pm | No Comment
Bharti and Zain Close on $9 Billion Deal

Indian telecommunications provider Bharti Airtel completed its acquisition of the African assets of Zain, Kuwait’s biggest phone company, the Indian operator’s chairman, Sunil Mittal, announced in New Delhi Tuesday, Bloomberg News reported.

The deal, first …

Africa’s Local Champions Begin to Spread Out
June 7, 2010 – 2:26 pm | No Comment
Africa’s Local Champions Begin to Spread Out

Foreign consumer-goods companies including Coca-Cola Co., Nestlé SA and Unilever PLC have been in Africa for decades without much competition from local players. Now, home-grown companies are expanding aggressively across the continent, …

Africa’s growth Story by McKinsey
June 1, 2010 – 3:59 pm | No Comment
Africa’s growth Story by McKinsey

Cheetah Blogger Comment: Tomorrow is my birthday and I couldn’t think of a better birthday gift from the Mckinsey quarterly in their featured package. This is the kind of thorough and realist analysis that should …

African Economic Growth to Rebound 4,8 Percent
May 18, 2010 – 4:30 pm | No Comment
African Economic Growth to Rebound 4,8 Percent

The UN Economic Commission for Africa reports that growth on the continent could top 4.8 per cent in 2010 after dipping by over 2 per cent in 2009.
UNECA and the African Union Commission …

YouTube Launches in South Africa
May 17, 2010 – 8:31 pm | One Comment
YouTube Launches in South Africa

YouTube is officially launching a localized version of the popular video site in South Africa. This custom site will provide South Africans a unique view of the largest video sharing site in the world by …

African Visionary Trains His Eye on Public Health
May 17, 2010 – 8:28 pm | No Comment
African Visionary Trains His Eye on Public Health

KOVIN Naidoo is a busy man. He has just got back from the World Economic Forum on Africa held in Tanzania, where he has helped establish eight eye clinics to date, and where he was …

Middle class sprawls in Nairobi, Kenya
May 14, 2010 – 4:59 pm | No Comment
Middle class sprawls in Nairobi, Kenya

Cheetah Blog Comment: This is the kind of reporting that should be done more often about the continent.
Downtown Nairobi is in stark contrast to the images of famine and war that often represent …

Time for an Afribond?
May 14, 2010 – 4:50 pm | No Comment
Time for an Afribond?

“Europe possibly needs an Afribond,” commented one contributor this week on the Thomson Reuters chatroom for fixed income markets in Kenya.
A nice quip from Henry Kirimania of The Cooperative Bank of Kenya and a …

A Good African tale
May 12, 2010 – 9:46 am | One Comment
A Good African tale

“IT USED to be a badge of pride that we were the only African coffee brand in British supermarkets. Now I see it as shameful,” says Andrew Rugasira, the founder of …

Russia’s RenCap sees Africa profit up after BJM buy
May 3, 2010 – 7:14 am | No Comment
Russia’s RenCap sees Africa profit up after BJM buy

Russian private investment bank Renaissance Capital expects its 2010 Africa revenue to double after buying South African broker BJM Securities as it looks to tie up equities deals of up to $1 billion in Africa.
RenCap …