Swaziland News

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion

Coca-Cola Co. will pay $3.15 billion to buy Anheuser-Busch InBev NV out of an African bottling joint venture after the Budweiser brewer’s takeover of the U.S. beverage company’s partner in the region.

Spotlight on Southern Africa Private Equity: African Private Equity and Venture Capital Association (AVCA)

Spotlight on Southern Africa Private Equity (Report & Infographic): African Private Equity and Venture Capital Association (AVCA)

Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.

Cape Town, South Africa. Photograph: Eric Nathan/Alamy

A New Map for Business in Africa

Only a few years ago, Africa was being dubbed “the next Asia,” and multinationals watched with mounting interest as local economies boomed across the continent.

Here are five promising mobile payment startups built and operating in Africa

Here are five promising mobile payment startups built and operating in Africa

Financial technology – FinTech – holds great potential for the future of African economies.

Africa Exchange Guide 2015 - African Alliance

Africa Exchange Guide 2015: African Alliance Capital Markets (Presentation)

Here is general information on exchanges across Africa, including: currencies, time zones, trading hours, open days, market operation, settlement, trading lot sizes, public holidays, monetary policy, taxation & indices. The guide was compiled by African Alliance.

Compelling investment markets in Africa. Credit: sc.com

Compelling investment markets in Africa - Inside Riscura's Bright Africa 2015 Report: Debbie O’Hanlon, Senior Analyst, RisCura (Infographics)

Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.

Hennie Heymans, incoming Managing Director, DHL Express Sub-Saharan Africa

DHL Express appoints Hennie Heymans as Managing Director for Sub-Saharan Africa

Hennie Heymans, currently Managing Director of DHL Express South Africa, has been appointed as Managing Director of DHL Express Sub-Saharan Africa.

The Carlyle Group, the world’s second-largest manager of alternative investments, invested $147 million for an 18 percent stake in Nigeria's Diamond Bank.

South Africa losing buyout allure to fast-growing Sub-Saharan African rivals

South Africa is no longer the destination of choice for private equity investors seeking to tap returns on the continent.

Budget Rent a Car

Avis partners with South Africa's Barloworld to operate Budget car rental brand in southern African countries

Moving ahead with the expansion of its Budget Car Rental brand and further extending itsmulti-brand strategy, Avis Budget Group Inc. (CAR – Analyst Report) penned a deal with Barloworld Ltd. to operate its Budget Car Rental brand in southern Africa.

AutoZone

Ethos Private Equity acquires South African auto parts retailer AutoZone

Ethos Private Equity Ltd. bought a controlling stake in South African closely held automotive-parts retailer AutoZone, the fourth investment through its 7.9 billion-rand ($682 million) Fund VI.

Johannesburg skyline | Source: Shutterstock

In South Africa, more evolution than revolution

When Khanyi Dhlomo opened a plush designer boutique here late last year, it revealed as much about the national psyche as it did about the local fashion industry.

Muhtar A. Kent, CEO of Coca-Cola

Coca-Cola & SABMiller strike deal to create Africa's largest bottling operation

SABMiller Plc (SAB) and Coca-Cola Co. (KO) will combine bottling operations for non-alcoholic beverages in southern and eastern Africa, forming the continent’s largest Coca-Cola bottler with annual revenue of almost $3 billion.

Africa's Richest 2014 Visualization

Africa's Richest 2014 (Visualization)

Visualization of Africa’s Richest 55. Data courtesy of Ventures Africa. Sort and filter by Net Worth (US $). Filter by Number of Jobs Created, Country of Citizenship, Industry, Age, and Gender.

Aliko Dangote, Chairman, Dangote Group

Nigeria's Aliko Dangote and Mike Adenuga top Venture Africa's list of Africa's richest

Ventures Africa just released its 2014 list of the richest individuals in Africa. The usual suspect, Nigeria‘s Aliko Dangote, tops the list with a net worth of $25.7B.

Chris de Kock, CEO of FirstRand's WesBank unit

South Africa's FirstRand to offer vehicle finance in Nigeria

FirstRand Ltd. (FSR), Africa’s largest bank by market value, is to offer vehicle finance in Nigeria as the Johannesburg-based lender targets growth in the continent’s biggest economy.

Sizwe Nxasana, CEO, FirstRand

FirstRand to invest $1B across Africa: Sizwe Nxasana, CEO, FirstRand (Video)

Africa’s biggest bank by market value FirstRand has set aside close to $1B for investment on the continent. CEO Sizwe Nxasana speaks on the FirstRand’s plans to extend its reach in Africa.

Cape Town, South Africa

Top property markets in Africa

Which African countries have the best opportunity for property investors?

Mobile Network Towers

MTN Nigeria to transfer up to 9,151 towers to IHS-MTN joint venture

In line with continued efforts to further raise service levels for its customers in Nigeria, MTN has reached an agreement in principle with IHS Holding Limited (“IHS”) for the transfer of its towers business, comprising of up to 9,151 of MTN’s mobile network towers in Nigeria.

Johannesburg, South Africa

Africa's top five most travelled to cities: MasterCard

Africa’s top destination for international travellers is South Africa’s Johannesburg, with an estimated 4.25m visitors for 2014, according to this year’s MasterCard Global Destination Cities Index released this week.