Business

Sun,19May2013

Business

Small players struggle in Nigeria's financial markets

With high overheads and poor access to loans, SMEs are suffering. The central bank has launched several risk-sharing schemes to try to boost the sector.

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The rise of Africa's B-brands

Kimbo cooking fat is 60 years old, but manufacturer Bidco is also competing with aggressive new brands/Photo©ReutersSmaller and more agile local brands are taking the fight to multinationals seeking to benefit from increasing consumer spending in sub-Saharan Africa. Both sorts of firms are looking to expand in the region and are deploying new strategies to attract customers.

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French and Turkish investors explore opportunities in Ghana

File Photo©ReutersFrench investors from various sectors will visit Ghana on May 22 to explore investment and business opportunities, a statement from the French Embassy in Accra has announced.

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New technology for African livestock farmers

File Photo©Reuters/National Cattlemen's Beef Association/HandoutAfrican livestock farmers have recently become beneficiaries of new technology.

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South Africa's mining sector braces for massive job losses

Miners at the end of their shift at Anglo American Platinum’s Khuseleka shaft 1 mine in Rustenburg, northwest of Johannesburg, last January/Photo©REUTERS)South Africa's biggest trade union representing the mining sector has expressed anger at the "unilateral decision" by Anglo American Platinum (Amplats) to retrench 6000 workers at its operations in Rustenburg.

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Electricity meter suppliers in contract goldrush across Africa

Transmission stations in Zambia are part of Elsewedy’s expanding network in sub-Saharan Africa/Photo©ALL RIGHTS RESERVEDEgypt's Iskraemeco hopes Elsewedy's contacts will help it face the charge as utilities prepare to roll out new meter technologies.

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Nigeria's reforms chug along, sometimes stall

Toot, toot! President Goodluck Jonathan kept his promise to invest fuel subsidy money into roads and rail – and got a cement train named after him/Photo©PIUS UTOMI EKPEI/AFPThe Nigerian government is pressing on with renewal in all transport sectors with varying degrees of success.

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