Business News

Are Investors in West Africa shifting Focus?

Understanding changes in the property investment landscape October 11, 2016/WAPI With global and regional capital continuing to flow into West African Real Estate, investors are starting to diversify their funds across the region and move away from the previous Nigeria and Ghana bias. Following from the first market correction seen […]

MTN appoints new head of regulatory affairs after Nigeria fine

October 10, 2016/Reuters South Africa’s MTN has appointed a new regulatory affairs chief, a spokesman said on Monday, after a large fine in Nigeria dragged Africa’s biggest mobile operator by users to its first-ever half-yearly loss. The firm, which had been fined $1 billion by Nigeria for missing a deadline […]

Dangote Cement Factory in Ethiopia Razed

… Eritrea Blamed October 10, 2016/huhuonline.com Ethiopia has accused elements in Eritrea and other countries of fanning the crisis in the country that culminated in the burning of factories owned by Nigeria’s Aliko Dangote and other foreign investors. In a statement today, Ethiopia accused elements in Eritrea, Egypt and other […]