Lusaka News

Africa property offers rich pickings for the brave

Africa property offers rich pickings for the brave

Some property pundits believe there are major opportunities for investors or companies on the continent.

EXEO Capital's Sub-Saharan Africa agribusiness Agri-Vie Fund II attracts over $100M in first close

EXEO Capital's agribusiness Agri-Vie Fund II attracts over $100M in first close

EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa.

Kenya Airways in talks with 3-4 parties on stake sale, says CEO Ngunze

Kenya Airways in talks with 3-4 parties on stake sale, says CEO Ngunze

Kenya Airways is talking to “about three or four” foreign institutional investors and airlines about buying a stake to raise cash for the carrier, its CEO said last month.

Novare Matola (Illustration), Maputo, Mozambique

Novare Africa Property Fund II closes with $350 million for investment

Novare Africa Property Fund II, the fund with a mandate to invest in retail and commercial real estate in sub-Saharan Africa outside of South Africa, has announced its final close at the end of June 2016.

Ashish Thakkar, Founder, Mara Group. Credit: thenational.ae

GE, Mara Group & Atlas Merchant Capital partner to invest in infrastructure across Africa

General Electric Africa (GE), Mara Group and Atlas Merchant Capital have partnered to help address infrastructure challenges in Africa through investments in equity projects.

Shop Africa 2016: Knight Frank

Shop Africa 2016 (Report & Infographics): Knight Frank

Sub-Saharan Africa is experiencing a wave of modern shopping mall development. The retail sector has become a major focus for development activity in recent years, as investors have been attracted by the growth potential of African consumer markets.

Derrick Roper, CEO, Novare Equity Partners. Source: financialmail.co.za

Africa's emerging markets will come back into view: Derrick Roper, CEO, Novare Equity Partners

Private equity fund managers, who adopt longer term time horizons than traditional asset managers, are showing renewed interest in African investment opportunities.

A Java House location

Kenyan coffee chain Java House plans to open outlets across Africa

Kenya’s Java House has 36 coffee houses and restaurants and plans to open outlets across Africa in the next five years to capitalise on rising consumer spending, its chief executive said.

Hong Kong's Frontier Services Group acquires Johannesburg-based logistics firm TFCG for $4M

Hong Kong's Frontier Services Group acquires Johannesburg-based logistics firm TFCG for $4M

Frontier Services Group Limited (FSG), a publicly listed, transportation and logistics solutions provider in frontier markets with its operational headquarters in Nairobi, Kenya, today announced that it has entered into a Share Purchase Agreement …

Africa’s millionaires are in Nigeria, Egypt, South Africa with some in Kenya too

Africa's millionaires are in Nigeria, Egypt, South Africa with some in Kenya too (Infographics)

It’s beginning to sound like a broken record, but the Africa rising mantra increasingly rings true.

European Investment Bank headquarters, Luxembourg

European Investment Bank Plans Africa Expansion Amid Growth

The European Investment Bank plans to open offices in four more African cities as it strengthens its foothold on a continent looking for financing to build infrastructure, said a senior official with the lender.

Mango Airlines

10 budget airlines changing Africa's skies

Traveling across Africa’s huge distances can be expensive. Not that long ago, getting from one city to another often meant a connection in Europe. That’s finally changing.

Into Africa - The continent’s Cities of Opportunity - PwC

Into Africa: The continent’s Cities of Opportunity - PwC (Video, Presentation, and Report)

Megatrends are colliding across Africa. The growing middle class, the strong demographic growth with improving age mix, the technological innovation that we have already seen in mobile payments for example, growing choice of investment partners from the global south and fast-paced urbanization are shaping what the future of Africa could look like.

Serame Taukobong, CEO, MTN Ghana

MTN Ghana considers listing on Ghana Stock Exchange: Serame Taukobong, CEO, MTN Ghana

MTN Group Ltd.’s Ghana business is considering a local stock-exchange listing as a way to increase local ownership, the unit’s Chief Executive Officer Serame Taukobong told reporters Tuesday in the capital, Accra.

FastJet

FastJet seeks South African investors to fund growth in bid to become the "first pan-African discount airline"

FastJet Plc is approaching potential South African investors about buying stakes to finance a route expansion in the east and south of the continent and support its effort to become the first pan-African discount airline.

Board Room

Private equity looks to African investors

Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions.

Ed Winter, CEO, FastJet

FastJet in talks to add 10 Airbus A319s by end of 2015: Ed Winter, CEO, FastJet

FastJet Plc (FJET) said it’s in talks about adding more Airbus Group NV (AIR) short-haul jets to the fleet as the discount carrier seeks to open bases in Zambia, Zimbabwe and Kenya next year while expanding operations in Tanzania.

Cape Town, South Africa

Top property markets in Africa

Which African countries have the best opportunity for property investors?

Credit Report

For Africa and its entrepreneurs, credit bureaus the path to growth

When Joyce Musonda wanted to start a business two years ago selling kitchen tiles from her backyard in an up-and-coming district of Zambia’s capital of Lusaka, she braced herself for a battle to find a start-up loan.