AB InBev to spend $310m in Africa | The Chronicle. AB InBev is looking to spend $250 million (R3.24 billion) on a greenfields expansion project in Nigeria, as well as spending $30 million on expanding its operations in Zambia and Ghana for a total investment of $310 million. This is according to sources close to AB InBev who wished to remain anonymous. Trevor Sanderson, the vice-president of supply and manufacturing at AB InBev and its subsidiary, SA Breweries (SAB), said AB InBev was planning to set up a new brewery in Nigeria and was working with the relevant authorities to ensure that all approvals were in place. “We are constantly reviewing our businesses across Africa to assess opportunities, and we will be in a position to speak further about this in due course,” he added. Ricardo Tadeu, president of the new Africa zone in AB InBev, said the multinational brewing company would announce “a package of investments in Africa in the next few months”.
The SA expansion will create about 70 more jobs. Invest In Africa conference set for Cairo in September. En 2016, un bilan mitigé pour les IDE vers l'Afrique. Dans un rapport sur l'attractivité de l'Afrique publié début mai, le cabinet d'audit Ernst & Young (EY) dresse un bilan mitigé des IDE à destination du continent. L'incertitude géopolitique et le ralentissement de la croissance des poids lourds africains sont toutefois compensés par le dynamisme économique d'autres pays et les investissements chinois. En 2016, le continent a hébergé 676 projets d’IDE, soit une baisse de 12,3% par rapport à l’année précédente. Les créations d’emplois liées à ces IDE ont, elles, diminué de 13,1%. Un bilan mitigé, dû au ralentissement de la croissance chez les poids lourds du continent, mais aussi à l’incertitude globale provoquée par le Brexit, la victoire de Trump ou le ralentissement économique chinois.
Malgré tout, le bilan est loin d’être négatif : en 2016, l’investissement en capital a grimpé de 31,9%, après une mauvaise année 2015. Gain de parts de marché Les hubs économiques, destinations privilégiées des IDE Le poids de l’Asie-Pacifique. Why the smart money is heading for African infrastructure. The last 10 years has seen a marked change in the number of infrastructure projects in Africa reaching financial close.
This has clearly been driven by the capital raising drive carried out by key development, export credit and commercial banks now active across the continent. These institutions, like the Africa Finance Corporation (AFC) have been successful in using private and public (capital market) funding programmes to meet some of the infrastructure project opportunities across Africa. Infrastructure investments have benefited from globally low interest rates which have contributed to lower costs of funding and higher project and equity returns. However, several other factors have also contributed to the positive outlook shared by private infrastructure investors in Africa.
For instance, after years of underinvestment, caused largely by poor planning, many African governments have now improved their infrastructure policy frame-works. Intra-African trade spin-off. In Africa, Booming Populations Attract A Flurry Of Foreign Investment | Here & Now. US, UK Finance Groups Invest In Kenyan Warehouse Development. Workers in a Nairobi warehouse. Photo: nairobinews.nation.co.ke Finance development groups based in the U.S. and U.K. say they’ll be filling an important gap in logistics infrastructure by investing up to $35 million in a Nairobi-based warehouse developer.
The U.S. -based International Finance Corporation plans to invest $10 million, and the U.K.’s CDC Group plans to invest $25 million in Africa Logistics Properties Holding (ALP), a warehouse developer and manager, according to a CDC press release. Driving the rising demand for logistics space is Africa’s growing consumer market and manufacturers seeking to expand their operations, according to Knight Frank’s Logistics Africa Report. “There is a dire shortage of warehouse facilities,” said Ben Woodhams, Kenya managing director for global real estate consultancy Knight Frank, in a report in How We Made It In Africa: Space is not easy to come by.
The U.S. How Visa wants to increase e-commerce payments in Africa. Geraldine Mitchley Internet use in sub-Saharan Africa is on the rise, supported by growing smartphone ownership and connections to multiple undersea communications cable systems. McKinsey estimates broadband uptake grew 34% per year between 2008 and 2015, and penetration is anticipated to reach 80% by 2020, up from 20% in 2015. But despite this, e-commerce in the region remains in its infancy. According to Geraldine Mitchley, head of emerging products and innovation for Visa, out of all commercial transactions in most parts of sub-Saharan Africa, only 1-4% are made online. Still, Visa has high hopes for the industry, and the launch of its Visa Checkout service in South Africa last year is one way it hopes to bring up these numbers. “It is essentially a vault that stores your card payment credentials, your delivery address, your user name and password, and everything else which you typically need to fill in when you are shopping online.
Addressing payment challenges. The Mobile VAS Entrepreneur Who Wants To Conquer Africa. Un nouveau jalon dans l’édifice partenarial arabo-africain. Lancement à Rabat du Programme Arab Africa Trade Bridges 0inPartager L'organisation du Forum de lancement du Programme Arab Africa Trade Bridges par la Société internationale islamique de financement du commerce (ITFC), à Rabat sous le Haut patronage de S.M le Roi Mohammed VI, les 22 et 23 février vient à point nommé.
Cette rencontre, réalisée en partenariat avec la Banque islamique de développement (BID) et le mnistère délégué de l’Industrie, du Commerce, de l’Investissement et de l’Economie numériques chargé du Commerce extérieur, s'inscrit comme un jalon dans un édifice partenarial arabo-africain en cours d'achèvement. Elle ambitionne le renforcement des relations commerciales et le développement des entreprises, à travers la création de nouveaux partenariats dans la région. To Meet Aircraft Demand, Boeing Opens Offices In South Africa And Kenya. Boeing 787 Dreamliners at the assembly plant in Everett, Washington, U.S. At 98 acres, it's the largest building in the world by volume and gets 110,000 visitors a year. Photo: Stephen Brashear/Getty U.S. -based aerospace and defense company Boeing International plans to open two new offices in Johannesburg, South Africa and Nairobi, Kenya, the company said Tuesday in a statement.
Boeing already has a presence in the two African countries, but the two new offices will help meet anticipated aircraft demand in Africa, where an estimated 1,150 new aircraft will be needed by 2035, according to Joao Miguel Santos, Boeing’s managing director for sub-Saharan Africa. Santos will be heading the Johannesburg office. “Africa is not new territory for Boeing,” Santos said. The aerospace giant has been looking to expand its businesses in Africa through investments in manufacturing, biofuels, and training African Business Magazine reported.
Boeing is one of the world’s largest aircraft manufacturers. Want To Make Money In Africa? Start by Solving Any of These 5 Serious Problems | The Huffington Post. Photo credit: generationnubian When you look at Africa, what do you see? When most people look at Africa, there are two very strong but opposite images that emerge: Some see a continent that is full of problems - unemployment, disease, hunger and insecurity - a place where everything is wrong and nothing works.
Some others see a land of vast opportunities and untapped potential. Optimists like to describe Africa as the “world’s last frontier” of lucrative business opportunities. While the ignorant and fearful see a dark and unpromising continent, smart entrepreneurs see the amazing business opportunities that lie beneath all of Africa’s problems. The most lucrative opportunities in Africa are not its crude oil, precious stones or timber. 1) Hunger Images of hungry and starving African children often make the headlines in mainstream media and have come to represent the face of the continent. The opportunity in Africa’s hunger problem is simple: Food is a basic need and a matter of survival. Maroc-Afrique: Très chères zones de confort | L'Economiste. Le Maroc a beaucoup capitalisé sur ses affinités culturelles et linguistiques avec l’Afrique de l’Ouest. La dernière tournée royale en Afrique de l’Est tentera de repousser les limites de ses frontières naturelles… On le sait: l’offensive économique du Maroc vers le continent est pendant longtemps perçue comme une soupape pour plusieurs secteurs d’activité confrontés à un marché local en maturité.
Mais le Royaume n’est pas le seul à succomber aux convoitises de la dynamique africaine ces dernières années. Un de ses plus vieux partenaires économiques, la France, chasse aussi sur les mêmes terres, à quelques km2 près. A travers son étude, le cabinet BearingPoint propose un regard croisé sur les expansions des entreprises françaises et marocaines. Sur le terrain, les rapports entre les business des deux pays sont plutôt contrastés: ils partagent, par exemple, les mêmes habitudes, mais travaillent très peu ensemble. Autre facteur comparatif: le positionnement qualité et prix. Advanced technology will solve Africa’s housing deficits and pothole crisis | Africa Science News.
“There is no reason why Africa should be suffering massive housing shortages and dangerous road conditions”, claims Philip Deighton, Executive Chairman of Quiktec. “Advanced technology is available to provide rapid, affordable solutions if only governments would act to facilitate the introduction of new products and ways of doing things” he said, adding “The shortage of affordable, suitable and desirable social housing throughout Africa is at a critical level and yet governments are failing to identify or encourage 21st Century construction methods which are capable of addressing this growing problem. Our own Quikbild Rapidwall®system builds sustainable residential, commercial, industrial and high-rise properties in just days at a fraction of the cost of other building materials with a single factory producing up to 15,000 units a year”.
Impact Investing in Africa. CEO of Dubai's Abraaj says Africa is key to investment plan - Banking & Finance. Middle Eastern private equity investor Abraaj Group says Africa is core to its investment strategy, as it bets the continent's rising middle class will consume more goods. The Dubai-based group, which manages $10 billion across its funds, already has about $3 billion invested in Africa in more than 40 companies spanning healthcare, mining and dairy.
Chief Executive Arif Naqvi told Reuters that he continues to believe in the opportunities the continent offers. "It's the consumption-driven economies that we focus on a lot," Naqvi said on the sidelines of the World Economic Forum in Davos. "In those economies, as people emerge into the middle classes and move into cities, they're going to want more product, more infrastructure. " He noted there could be short-term problems in particular countries due to currency fluctuations or other things, but said the long-term trend of increased consumption would not stop. A Barclays spokesman declined to comment. Gulf investors set to gather at Arabian Business Africa Forum - Media. The Arabian Business Africa Forum is set to bring together more than 250 top African and GCC-based businessmen, regional representatives, and some of the most active Arab investors in the GCC.
Stallion Group chairman Sunil Vaswani, Ashish Thakkar of Mara Group and MidCom’s Anand Kapoor will headline the forum, which will be held on Wednesday, January 25 at the Conrad Hotel Dubai. Other speakers at the event include Rob Hersov, chairman and CEO (and founder), Invest Africa; Geoffrey White, CEO Agility Africa; Salim Bitar, CEO Aujan Group Holding, and Frank Braeken, chairman, Feronia Inc. Stallion Group is the headline sponsor of the Arabian Business Africa Forum and the forum is being held in association with Invest Africa, a global private members club with a multi-service platform for access and investment into Africa. For more information about the event and to view the full agenda please contact Michael.McGill@itp.com. Ecobank Research Revealed Africa's Five Hot Spots for Investment in May 2016. Monday, January 2, 2017 10.47 AM / Ecobank Research Dedicated Page - Year in Review 2016 and Outlook 2017 Ecobank Research identified the top 5 destinations in Sub-Saharan Africa which, despite market volatility and the fall in commodity prices, provide good opportunities for investment; viz - Côte d’Ivoire, Kenya, Ghana, Senegal and Ethiopia.
“Our priority was to select countries that have a good track record. You can have a country that has 15% growth one year – but it might be just because of a single mining project – and then three years down the line, it’s in a mess again,” Edward George, the bank’s head of group research, tells GTR. When selecting the top-performing countries, the first step was to exclude what George calls the “bad boys” of Africa (Nigeria, South Africa and Angola). “There has been way too much negative press out there about Africa – certainly in the first half of this year. Côte d’Ivoire and Kenya Ghana: economy has turned a corner, but there is still work to do 1. Wari et Mastercard s'allient pour favoriser l'utilisation de la monnaie électronique dans 35 marchés | AFN360.COM. (WARI) - Wari et Mastercard ont signé aujourd'hui une Alliance Stratégique qui élargira et enrichira l'offre Wari pour ses utilisateurs.
Ces solutions renforceront l'écosystème de paiement numérique entrepris par Wari dans 35 marchés africains. Tweetez cette nouvelle en copiant et collant: #Cashless Champions: @MastercardMEA & @WariWorld s'allient pour la monnaie électronique dans 35 #marchés africains. Les deux entreprises de technologie financière confirment ainsi leur volonté de fournir à tous les citoyens, quelle que soit la catégorie sociale, l'accès à une plateforme encore plus sûre et plus simple à utiliser pour les transactions financières ou le paiement de biens et services grâce à un ensemble de solutions de paiement numérique seront introduites à travers le réseau Wari existant.
Grâce à cet accord avec Mastercard, la plateforme Wari et l'application MyWari offriront une vaste gamme de solutions digitales qui bénéficieront aux réseaux clients et marchands: 1. 2. 3. Study group explores opportunities of the New Silk Road for the Portuguese-speaking countries. The analysis and dissemination of the opportunities offered by the official Chinese initiative of the New Silk Road for the Portuguese-speaking countries is the goal of a study group set up in Lisbon, whose work will begin in 2017. The Association of Friends of the New Silk Road, officially established in December, brings together personalities from the academic, economic, business and even cultural spheres, and includes as a promoter Fernanda Ilhéu, a researcher at the China Logus Chinese studies centre (Higher Institute of Economics and Management). “It is an initiative of civil society, people from various areas, with an initial core from the economic area, who are sympathetic to the initiative of China, think that it can be good for China, for developed and developing countries, the world economy and for the relationship of the various peoples,” Ilhéu told Macauhub.
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Brexit Blues? Seven Reasons to Head for Africa. Nagy: Africa's future - and why it's important to us. 1,1 milliard de consommateurs en 2020 - BBC Afrique. Elon Musk Plans To Launch 4,000 Satellites To Give Free Wi-Fi Worldwide : Headlines. Venture capitalist seeks African tech start-ups. The Internet Corporation for Assigned Names and Numbers Opens First Africa Office in Nairobi. ‘Africa sole continent likely to achieve double-digit economic growth by 2025’ Three Firms Join Forces to Tackle Africa's Infrastructure Deficit. FROST SULLIVAN. China: Africa’s springboard to industrialisation. Access Power puts up $7mn prize to fund African renewable energy projects | BusinessDay : News you can trust. A New Map for Business in Africa.
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These are Sub-Saharan Africa’s 3 brightest spots for doing business. Comment l'Afrique est devenue un nouvel Eldorado. Investors in Africa ‘not deterred by corruption or infrastructure gaps’ | Public Finance. SNI et LafargeHolcim dévoilent leurs ambitions africaines | Aujourd'hui le Maroc. Olam Bets on Africa Reward as On-The-Go Food Demand to Climb. Bank of China obtient une licence bancaire à Maurice et se renforce en Afrique MTN Launches A Pan African Internet Of Things Platform | TechFinancials. How Uber Is Tackling Emerging Challenges In Africa. Delta enters Ghana, Botswana | Property. African M&A deal volume at a seven year high says Mergermarket. Dubai chamber's report highlights opportunities in Africa for Gulf investors | Gulf News Journal.
Private Equity Builds African War Chest Amid Commodity Rout. L'Afrique francophone subsaharienne à nouveau en tête de la croissance africaine. More Than Land, Labour And Commodities - The Scramble For Trade With Africa. New international land deals database reveals rush to buy up Africa | Global development. Sub-Saharan Africa M&A Deals Jump 73% To $66.7B In 2015. Silvertree Internet Holdings to invest $10m in African startups in 2016. African Development Bank seeks to hasten Africa's economic growth. With a very ‘unmotorised’ population, Africa is last frontier for carmakers on the hunt for growth. Africa's Commodities Slump Reveals Hotspots Of Investment.
Africa’s huge potential draws the automakers attention towards investments. Out of Africa: Textile and garment industry. Africa could unleash billions of dollars if North Africa and Sub-Saharan Africa worked together. Francophone Africa To Get First Mobile TV SVOD Service In French Language. Africa: Wearables Set to Change Banking Scene - Misys. Xpress Money cuts African remittance fees by 38 per cent | CPI Financial | CPI Financial News | Banking and Financial News,Islamic Business and Finance, Commercial Banking. How Africa is giving fast food a new spin. Africa’s emerging oil and gas industries add to continent’s appeal for international contractors.
Africa: Right Time for China, Africa to Give Full Play to Production Capacity Cooperation. African Union to introduce an African passport. Black Friday gains popularity in Africa. Facebook, Airtel launch Free Basic services in 17 African countries.