BusinessCompanies

Mon,20Nov2017

Companies

Capital Markets: We need technology, creativity and cash -Rahul Dhir

Rahul Dhir President of Delonex Energy. Photo©MARK CHILVERS FOR TARDelonex Energy, backed by private equity firms and the International Finance Corporation, plans to make an impact in the East and Central African oil and gas sectors.

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Telecoms: African demand for smartphones has tripled in a year - Ferreira

George Ferreira Vice-president and chief operating officer, Samsung Electronics AfricaSamsung Electronics is preparing to beat its $10bn target for revenue from Africa in 2015. And according to George Ferreira - Vice-president and chief operating officer of Samsung Africa - the company is also looking at the possibility of setting up more assembly plants to avoid tariff barriers.

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Congo: Hinda mine will be green and fertile, says Cominco

Cominco Resources is upbeat about its phosphate project in Congo-Brazzaville's Kouilou province.

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Interview: Moroccan capital must take the initative - CEO Attijariwafa Bank

Ismail Douiri Co-Chief Executive, Attijariwafa Bank/Photo©AttijariwafaMorocco has world-class facilities but lacks local capital, says Ismail Douiri, Co-Chief Executive of Attijariwafa Bank. Although the bank is present in several French-speaking African countries, Douiri reveals that there are no immediate investment projects in English-speaking African countries.

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Fashion - Denim and co: Diesel and Edun on African trade, not aid

Diesel and Edun launch an African label and a creative platform.

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Telecoms: Zimbabwe's TelOne in expansion bid

Photo©ReutersZimbabwe's only fixed telephone service, TelOne seeks $30 million to bankroll its re-capitalisation programme, meant to upgrade its old infrastructure.



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Ethiopian Airlines - Kenya Airways: Gap widens in East African skies

$1.9bn turnover in 2012 for Ethiopian Airlines and $1.3bn turnover in 2012 for Kenya AirwaysThe top two East African carriers contemplated a merger last year, but Ethiopian thinks its prospects are strong enough for it to fly solo.

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