News : Investment

Africa: Opinion - the Smart Money Is Heading Toward Stronger Climate Action

[Thomson Reuters Foundation] With climate-smart investments outperforming their rivals, now's the time for companies to step up María Mendiluce is CEO of the We Mean Business coalition. (AllAfrica)

Kenya: Foreign Affairs Ministry Pledges to Work Closely With Konza to Attract Investors

[Capital FM] Nairobi -- Cabinet Secretary in the Ministry of Foreign Affairs, Amb Raychelle Omamo has said her ministry will work closely with the Konza Technopolis Development Authority (KoTDA) to attract investors and investment into the project. (AllAfrica)

South Africa: Minister Ebrahim Patel On G20 Trade and Investment Ministers Meeting

[Govt of SA] SA Trade Minister calls on G20 trade ministers to recognize the need for greater policy space in global trade rules to promote African industrialisation (AllAfrica)

Namibia: Gipf Appoints New Investment Consultants

[New Era] The Government Institutions Pension Fund (GIPF) has confirmed the appointment of two new investment consultants. Lane Clark & Peacock LLP will consult on investments, while BFinance UK Limited will consult on the selection/search of asset managers. (AllAfrica)

Namibia: Development Bank of Namibia Settles Its First Bond

[New Era] Development Bank of Namibia (DBN) has confirmed the settlement of DBN20, the first bond the bank issued under its N$2.5 billion Medium-Term Note Programme listed on the Namibian Stock Exchange. (AllAfrica)

Namibia: Pension Fund Investment Manager in Hot Water

[Namibian] Investment company Baobab Capital - tasked with managing N$140 million in pensioners' money - is on the verge of being shut down over alleged financial irregularities. (AllAfrica)

Angola: President Advocates Direct Investment in Developing Countries

[ANGOP] Luanda -- The President of the Republic, Joao Lourenço, Tuesday said that direct investment in the economies of developing countries was essential for their economic growth. (AllAfrica)

Malawi: Malawi's President Appeals to Investors, Implores South African Farmers to 'Invest In Our Soil'

[allAfrica] New York -- With the world focused on fighting the pandemic, a remarkable achievement went largely unnoticed in Africa. A court in Malawi annulled a rigged election and a peaceful rerun ushered into power a popular opposition. (AllAfrica)

South Africa: Small Business Development On Working With Unilever to Increase Investment in SMMEs

[Govt of SA] Unilever Southern Africa has agreed to partner with the Department of Small Business Development to increase investment in Small, Micro and Medium Enterprise development. This commitment was made by Unilever CEO, Luc-Olivier Marquet, during a meeting with Minister Khumbudzo Ntshavheni on Friday, 18 September. Present at this meeting was a board-level delegation from Unilever, a senior delegation from the Department of Small Business Development as well as representatives from the Small Enterprise Developme (AllAfrica)

South Africa: Unilever to Increase SMME Investment

[] Unilever Southern Africa has agreed to collaborate with the Department of Small Business Development to increase investment in small, micro and medium enterprise (SMME) development. (AllAfrica)

Nigeria: 10 Key Points About the Nigeria Youth Investment Fund

[Daily Trust] The Nigerian Youth Investment Fund (NYIF) is a N75 billion fund established in July 2020 by President Muhammadu Buhari. (AllAfrica)

Ethiopia: Sudanese Investors Arrive in Gondar to Explore Opportunities in Ethiopia

[Ethiopian Herald] ADDIS ABABA (ENA) A 22-person-investor delegation is visiting the historical city Gondar with a view to particularly invest in tourism and industry. (AllAfrica)

Nigeria: Osinbajo, Obi Agree On Need for More Investment in Education

[Vanguard] Vice President of Nigeria, Prof Yemi Osinbajo and the Vice Presidential Candidate of the People's Democratic Party, PDP, in 2019 elections, Mr. Peter Obi, have both spoken on the need for the government to pay attention to education, saying that a nation's development is directly proportional to the level of educational investment in the nation. (AllAfrica)

Nigeria: 'How Contractor Stalled Social Investment Funds' Payment in Bayelsa, Akwa-Ibom, Abia, Zamfara'

[Vanguard] The Federal Government's Social Investment Programme in Bayelsa State has said that issues bothering on financial mismanagement were responsible for the delay in the payment to beneficiaries of the Conditional Cash Transfer programme in Bayelsa, Akwa Ibom, Abia and Zamfara states before and during the period of the coronavirus lockdown. (AllAfrica)

Botswana: UN Critical to Global Efforts Mobilisation

[Botswana Daily News] Gaborone -- The current situation where nations are facing the unprecedented test of combating COVID-19 underlines the importance of having an institution like the UN to harness global efforts, says President Dr Mokgweetsi Masisi. (AllAfrica)

Namibia: Govt to Issue Long-Term Business Visas

[New Era] In an attempt to attract more investment to the country, government will soon introduce electronic visa applications, and plans are afoot to grant businesspeople long-term visas. (AllAfrica)

Mauritius: Fading Image of Clean Governance Hurts Investment Prospects

[ISS] The island nation must pay better attention to the warning signs to avoid the slippery slope of corruption. (AllAfrica)

Tanzania: Telco's Investment Programmes Commended

[Daily News] STRONG ties forged between the public and private sectors are essential for businesses growth that can in turn support the government efforts to fund numerous social development projects across all sectors of an economy. (AllAfrica)

Nigeria: Onion Farmers Plead for Increased Investment

[Premium Times] The Secretary, Onion Farmers Association of Nigeria, Aliyu Umar, has called for more investment in onion farming in order to cash in on its potential and opportunities. (AllAfrica)

Nigeria: Kaduna Attracts 25 New Business Worth $500m - El-Rufai

[Daily Trust] Gov. Nasir El-Rufai of Kaduna state, says his administration has attracted 25 new businesses worth over $500 million as it continues to open up the business space in the state. (AllAfrica)

Tanzania: Reform of Investment Law and Policy in the Pipeline

[Citizen] Dar es Salaam -- The government yesterday met representatives of the private sector to collect their views for the ongoing review of the country's investment policy and legislation. (AllAfrica)

Tanzania: Govt Reviews Investment Policy

[Daily News] THE government has embarked on a review of the investment policy to improve domestic direct investment (DDI) and foreign direct investment (FDI). (AllAfrica)

Nigeria: Buhari Asks Kaduna to Surpass Investment Achievements

[Premium Times] President Muhammadu Buhari has called on the Kaduna State Government to keep up its laudable investment efforts and surpass the impressive results already attained. (AllAfrica)

Sudan: Hiba - Lifting Sudan Name From Terrorism List Creates Good Investment Environment

[SNA] Khartoum -- Minister of Finance and National Planning Dr. Hiba Mohamed Ali has affirmed the importance of investment role in supporting internal and external national economy. (AllAfrica)

Tanzania: T-Bill Yields to Drop More As Govt Cuts Costs

[Daily News] THE Treasury bills trends have portrayed slim chances of near future significant up swing of yields based on the government move to cut cost of borrowing. (AllAfrica)

Africa: 'Africa Remains a Prime Investment Destination'

[The Herald] DESPITE the disruptive economic impact of the Covid-19 pandemic, Africa is still a prime investment destination. (AllAfrica)

Ethiopia: 'It Is Only When There Is Peace That Investors Can Create Jobs'

[Ethiopian Herald] Ethiopia is now transforming its home- grown economy and financial reforms to build a stable and strong economy. The private sector is believed to play a key role. It is well known that the private sector, which can make a significant contribution to the country's economy, was led in unhealthy system. However, the government is currently undertaking various reform measures to address the shortcomings that have directly or indirectly contributed to the failures in economic growth. (AllAfrica)

Tanzania: Tic Identifies Railway Investment Openings

[Daily News] TANZANIA Investment Centre (TIC) has embarked on a process to prepare strategic plan to identify investment opportunities emanating from tapping the Standard Gauge Railway (SGR). (AllAfrica)

Nigeria: Biafra Doesn't Need Your Investment, IPOB Replies Miyetti Allah

[Vanguard] The Indigenous People of Biafra IPOB, Thursday, replied Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN's claim that they were in the South-East just for business interest. (AllAfrica)

Africa: Africa Flexes Its Muscles in Relations With Europe

[ECDPM] This year was supposed to be crucial for Africa-Europe relations, culminating in the sixth AU-EU Summit, scheduled for 28 and 29 October in Brussels. But then COVID-19 happened. After a long palaver, a decision was finally taken: the summit will be postponed to 2021, although a date still needs to be fixed. Geert Laporte explains why postponing may not be such a bad thing. (AllAfrica)

Namibia: Offshore Investing, a Valuable Tool for All

[Namibia Economist] The offshore investment process is often seen as unwieldy and complicated, but this assumption is far from true. (AllAfrica)