Finance News


Zimbabwe: Chinese Firm to Invest U.S.$2 Million in Chrome Smelter

Friday, July 13, 2012

[The Herald]CHINESE firm Afrochine Smelting is set to invest about US$2 million in the construction of two chrome smelters in Zimbabwe.


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Source of news: southafrica.info



More Financial News:

Orange extends South Africa footprint
Wednesday, June 19, 2013
French telecommunications operator Orange and South Africa's Nashua Mobile have signed an agreement to expand the firm's South African footprint by opening several local retail outlets, with support for inbound and outbound travellers.

Africa: Piracy Victims Endure Harsher Treatment in East Africa
Wednesday, June 19, 2013
[VOA]London -Piracy in West Africa now affects more ships and seafarers than piracy coming from Somalia, according to a new report by the International Maritime Bureau (IMB), however, Somali pirates tend to mete out harsher treatment to their hostages. The report focuses on the human impact of piracy.

Central African Republic: Insecurity in Bangui Increases Food Prices, Lay-Offs
Wednesday, June 19, 2013
[IRIN]Bangui -A security crisis in the Central African Republic (CAR) - which began on 10 December 2012, when the rebel Seleka Alliance attacked the capital, Bangui, and continued after Seleka ousted former President François Bozizé on 24 March - is ratcheting up food prices, causing unemployment and salary payment delays, and throwing the banking system into turmoil.

SA to test fuel cell 'home generator'
Wednesday, June 19, 2013
The South African government is to provide investment funding to support field trials of a prototype methanol-fuelled "home generator" with the potential to provide economical electric power to remote rural African households.


Africa Finance Blog

Youth Employment in Africa: An Interview with Dr. Shanta Devarajan—Part II
Friday, November 30, 2012
Dr. Shanta Devarajan, the chief economist of the Africa Region with the World Bank, recently sat down with emerging market investment consultant Wilmot Allen to discuss youth employment in sub-Saharan Africa. Part II appears today; Part I appeared on Wednesday.


Youth Employment in Africa: An Interview with Dr. Shanta Devarajan—Part I
Wednesday, November 28, 2012
Dr. Shanta Devarajan, the chief economist of the Africa Region with the World Bank, recently sat down with emerging market investment consultant Wilmot Allen to discuss youth employment in sub-Saharan Africa. Part I of the interview series will appear today; Part II will appear on Friday.


Africa’s Green Eggs and (Chicken)
Wednesday, November 28, 2012
Chicken is what is known as a Fast-Moving Consumer Good (FMCG) or Consumer Packaged Good (CPG). FMCG’s are the buzz across Africa now. Investors are seeking opportunities to take advantage of this rapidly growing market.


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