Ghana, expected to become a net oil exporter next year, has been endowed with yet another offshore oil discovery. The Ghanaian deepwater offshore region now seems commercially viable, but analysts warn of …

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 …

Africa’s information and communication technologies sector is attracting unprecedented levels of private investment, and can help the continent address some of its pressing socioeconomic challenges,  according to Dr Hamadoun Touré, the secretary general of the …

“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 …

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 …

Rwanda’s first bio-diesel bus has begun its inaugural trip from the capital Kigali to the town of Akanyuru on the border with Burundi.
The Rwanda Biodiesel Express runs entirely on oil plants, animal fats and even …

The allure of private equity might have faded in developed markets, but Africa is providing golden opportunities for funds that are willing to swallow a bit more risk. Charlie Corbett reports.
The 18th century satirist and …

The Director of the Center for Financial Policy at the University of Maryland Business School in the United States says enhanced inter-regional economic cooperation among African Countries could reduce the effects of future world financial …

Merrill Lynch’s chief trader in South Africa, Tony Marcia, has left to join Renaissance Capital, the Moscow-based investment bank expanding in Asia and sub- Saharan Africa.
Marcia will become head of trading for Africa at the …

Safaricom’s M-Pesa service in Kenya is heading towards 2 million users and has really got first mover advantage. But it is facing competition in Tanzania from an upstart challenger that aims to become the non-proprietary …