Investment

News : Investment

The International Finance Corporation (IFC) has injected about N14.85 billion (US$100 million) in Ecobank Transnational Incorporated (ETI). (AllAfrica)

FOREIGN Affairs Minister, Kabinga Pande says Zambia will take full advantage of the Commonwealth Heads of Government Summit (CHOGM), which officially opens tomorrow in the Caribbean island of Trinidad and Tobago, to expose the country's investment opportunities to the outside world. (AllAfrica)

The President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr Simeon Chukwuemeka Okolo has wooed Chinese investors to establish more businesses in the country. (AllAfrica)

A 15-man Presidential Committee on the review of tariffs and fiscal incentives headed by the Kwara State Governor, Dr. Bukola Saraki has been inaugurated in Abuja. (AllAfrica)

The Senate, the Conference of Nigerian Political Parties and the Academic Staff Union of Universities were unanimous that the proposed 2010 budget fell short of the people's expectations. (AllAfrica)

The imminent signing of a new bilateral investment protection treaty (BIPPA) between Zimbabwe and South Africa could be halted, if an application in the Pretoria High Court on behalf of more than 200 farmers proves successful on Thursday. (AllAfrica)

Investment Opportunities : Aquaculture & Mariculture (AllAfrica)

THE point I was making yesterday was that the aim in investing, whether in equities, gold bullion or gilts, is to achieve an absolute return. After all, what is the point of putting your hard- earned cash into an investment that earns a negative return? (AllAfrica)

Zimbabwean and South African businesswomen have moved a gear up in their pursuit to forge investment and trade ties, with the Professional Women, Women Executives and Businesswomen Forum (Proweb), this week hosting a delegation of women investors from SA's Women Investments Portfolio Holdings Limited (Wiphold). (AllAfrica)

Resort Savings and Loans Plc has announced its plans to invest about N7 billion in the real estate segment of the Nigerian economy in the year 2010. (AllAfrica)

The Nigerian Investment Promotion Commission (NIPC) has called for better funding of the One Stop Investment Centre (OSIC) to attract more investment into the country. Mr Amos Sakaba, the Director of OSIC, made the call in an interview with the News Agency of Nigeria (NAN) in Abuja. (AllAfrica)

An American-Slovak investment group, Bay View, has pledged to remain firm and committed to the continued investment in Rwanda for the development of human resources and socio-economic development of the country. (AllAfrica)

Federal Government yesterday sought for Venezuela's investment in Nigerian's refineries as part of efforts to achieve successful deregulation in the downstream petroleum subsector. (AllAfrica)

THE Bank of China has started negotiations with the Tanzania Investment Bank to help it develop credit line for farmers. (AllAfrica)

Investment Opportunities : Aquaculture & Mariculture (AllAfrica)

IN THE report on the results for the year ended September 30, the directors of Coronation Fund Managers ( Coronat ) emphasised how the performance of their funds had been driven on the criterion of absolute return. (AllAfrica)

A RETIREMENT fund yesterday suggested legislation was needed to compel pension funds to invest unclaimed pension fund surpluses in job-creating projects and help the government deal with SA's worsening unemployment crisis. (AllAfrica)

SOUTH African investors are keen to establish businesses in Zimbabwe and are anxious to see Zimbabwe's economy stabilising, a Rustenburg municipal officer has said. (AllAfrica)

The Investment and Securities Tribunal (IST) has adjudicated on 300 cases with a monetary value of N100billion, in the last 6 years. (AllAfrica)

The Volta Trade and Investment Fair, ended last Sunday, with various expressions from the exhibiters and participants concerning the event. While some described it as very successful, others said, much more needed to be done by the organisers in future, to make it more successful. (AllAfrica)

A financial analyst has given Uganda's investment future a clean bill of health and predicts that the economy is set to attract even more offshore investors than its African peers. (AllAfrica)

Unity Bank Plc has assured shareholders of impressive performance and returns including cash dividends by the end of the running financial year, which will mark the first report of the bank following the recapitalization exercise it plans to open soon. (AllAfrica)

Investors looking for fresh natural resources struck deals in Tanzania and Uganda to exploit gold and oil respectively. (AllAfrica)

Trading on equities quoted on the Nigerian stock Exchange (NSE) yesterday recorded a total trade turnover of 560.34 million shares at N2.03 billion in 5,273 deals. This shows an increase by 49.71 million shares against 510.53 million shares valued at N2.40 billion in 6,392 deals which opened trading. (AllAfrica)

THE Sanlam Investment Management investor confidence indices' November survey shows that the respondents increasingly consider the equity market to be expensive and they expect returns to continue to decline. (AllAfrica)

ALMOST three years have passed since I reviewed Coronation Fund Managers ( Coronat ). The review then appeared in a Forecast Factory column, the predecessor to the Private Investor column (AllAfrica)

Regional economies will continue to see a shift towards information based activity as the telecoms sector drives economic growth in the future, a survey of senior executives has found. (AllAfrica)

SOUTH Africa-based investment firm, African Global Capital, believes now is the time to invest in the local mining industry to avoid losing opportunities to suitors also eyeing the sector. (AllAfrica)

The local property market has not been hit by the world economic recession. This is according to the newly elected president of the Real Estate Institute of Botswana (REIB), Outule Bale. (AllAfrica)

Chevron Nigeria Plc has recorded a significant improvement in its financials, posting a 317 per cent increase in its bottom line for the third quarter financial performance. (AllAfrica)

European private investors are hungry for shares in unlisted African firms and could provide the needed shot in the arm for a continent that has taken a beating from the financial crisis the West is emerging from, reports LEE MWITIT (AllAfrica)