| Africa Business Confidence Index shows growth again |
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Manufacturing index 53.4; non-manufacturing index 52.9, both indicating expansion.
The Africa Business Confidence Index (ABCI) for November shows expansion in both the index for manufacturing and non-manufacturing sectors in Africa.
The difference compared to October in the manufacturing index is a plus of 3.7 percentage points, and in the non-manufacturing index a decrease of 4.0 percentage points. The index measures business confidence in the manufacturing and non-manufacturing private sector throughout Africa. Results are published on a monthly basis.
The November indicate confidence and growth with an index of 53.4 and 52.9 for the manufacturing and non-manufacturing sectors respectively.
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| Brand relevance: 7 ways to strengthen your position |

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By Yinka olaito in Lagos, Nigeria. Brand relevance speaks volume when we consider influence, significance, importance and bearing a brand has over a particular market. Every brand cherishes been recognized, positioned at the top of the market. But this is impossible without some sorts of trustworthy credentials that can provoke a high level of believability, reliability, authority and standing.
Brand relevance is not given, it has to be earned. Even in our daily lives, we do not give reference to everyone. It is also a common knowledge that not every individual/brand commands our attention like some others. Life is a choice.
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| Africa Leapfrogs into the Future: How Innovation is Driving African Business |
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By E. Amoako-Agyei. Africa’s many challenges are creating major business opportunities. Where modern infrastructure is lacking, many African nations have fast-forwarded (also known as leapfrogging) to newer technologies such as mobile phones and solar energy. The landline phone, for instance, was easily leapfrogged in many parts of Africa. In fact, fixed line telephones have never been a fixture on the continent.
The mixture of hard-to-reach villages and huge cities teeming with low wage families was too much for companies who were used to the convenience of laying or hanging copper wire cables across developed cities in Europe and North America.
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| Switzerland commits USD20 million to AfDB for increased access to water and sanitation in rural Africa |
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The Rural Water Supply and Sanitation Trust Fund, a fund managed by the African Development Bank (AfDB), will receive a 20 million US dollar contribution from the Swiss Agency for Development and Cooperation. The funds are to help accelerate access to water supply and sanitation in rural Africa. This is the Swiss agency’s second contribution to the Rural Water Supply and Sanitation Initiative Trust Fund. It is close to six times the amount of its first contribution.
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| AfDB-Togo: signing of two financing agreements for CFA 81 billion |
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Donald Kaberuka, President of the African Development Bank The African Development Bank (ADB) and the Republic of Togo have signed this Tuesday, November 29, 2011, two memoranda of agreement for a total of more than 81 billion CFA francs. Vice President of the ADB in charge of sector operations, Kamal El Kheshen, and the Togolese Minister of Economy and Finance, Adji Otèth Ayassor, signed the agreements respectively to the ADB and Togo.
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| Jenny Reid - The Orange - constantly looking for new and innovative ways to ensure companies maintain true value in their organisation |
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This week Africa Business Communities meet with Jenny Reid, Director – iFacts Limited trading as The Orange, on comprehensive employee solutions to companies in South Africa.
Kindly introduce your company to us
"iFACTS is placed to meet the demands of any enterprise in an open and transparent manner. Backed by South Africa's oldest corporate securityspecialists, iFacts provides an array of services designed to ensure maximumsecurity in your business dealings and personal peace of mind."
[ read more ]
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| Botswana eyes more electricity generation |
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Botswana plans to add 1,200 megawatts (MW) of electricity to its national grid in the next six years as the diamond rich country battles to address power supply shortages, a senior government official said on Tuesday.
Boikobo Paya, Permanent Secretary in the Energy Ministry, said that in addition to the 600 MW power station to be commissioned in 2012, two other 300 MW power stations to be built by Independent Power Producers (IPP) should kick into the national grid by 2017/18.
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| The Accidental Ecowas & AU Citizen |
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By E.K. Bensah Jr in Accra, Ghana. As West African leaders got together for a series of important meetings last week at ECOWAS headquarters in Abuja, I could not help but wonder how many of our Ghanaian journalists were monitoring the meetings. According to the ECOWAS website, many of the meetings centred on ECOWAS getting serious on the ratification of its protocols, including that of free movement; as well as strengthening the ECOWAS Parliament to move from an advisory role to a legislative one.
Given the furore in the country of the unavailability of gas, I could not help but wonder how many Ghanaian journalists were equally monitoring what our policy-makers were saying about the necessity of the ECOWAS-backed West Africa Gas Pipeline coming on board as quickly as possible to help alleviate the gas shortage supply.
[ read more ].
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| Quiet mediation deepening democratic values in Lesotho |
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By Ahunna Eziakonwa-Onochie. While much has been made of the political tensions that are said to divide the country, quiet mediation and dialogue over recent months signals tangible progress of which all Basotho can be proud.
Over the last eighteen months, the Heads of Churches (a non-partisan coalition made up of the leaders of all the major Christian denominations in Lesotho), have worked as impartial mediators with diligent dedication to bridge the gap between the political parties and bring the nations’ politicians closer together.
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| AfDB, Côte d’Ivoire sign revised AfDB headquarters agreement. |
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(AfDB), concluded an official two-day visit to Côte d’Ivoire today. The AfDB chief executive and Daniel Kablan Duncan, Minister of State and Minister of Foreign Affairs of Côte d’Ivoire, signed a revised Headquarters Agreement of the AfDB in Abidjan.
The revised Headquarters Agreement confirms the AfDB’s full ownership of the land on which its current Abidjan headquarters building sits, as well as an adjoining piece of land, both of which the Government of Côte d’Ivoire recently granted to the Bank.
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| Zain yet to agree telco licence fee with South Sudan. |
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Zain Sudan has spent $60 million splitting its operations in two following the succession of South Sudan, but has yet to agree a license fee with the newly independent country.
South Sudan seceded from the north in July, the culmination of a 2005 peace deal that ended decades of civil...
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| Developing the manufacturing sectors to tackle unemployment challenges |

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By Isaac Twumasi-Quantus in Accra. Quiet recently I read a report about fostering industrial development in Africa in the new global environment delivered by Milasoa Chérel-Robson, Economic Affairs Officer at the (UNCTAD) where he noted that African economies must diversify and not become reliant on agriculture.
Reading through and again it was clear that Africa has enjoyed good levels of economic growth despite the global financial crisis and is attracting increasing interest from the international business community. However, concerns exist around the sustainability of these levels of growth if African economies do not undergo a process of structural transformation.
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| Ettienne Myburgh - CastleHill Group - custom made insurance solutions for employee groups and companies in Africa |

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This week Africa Business Communities meet with Ettienne Myburgh, CEO of CastleHill Group, on companies investing in their employees in South Africa.
Kindly tell us about company
"CastleHill is a young and vibrant company specialising in the design, development and implementation of risk based employee benefits to all employee groups. We design products based on the need of the organisation, products include funeral plans, life cover, disability, hospital plans and a variety of other risk based insurance products." [ read more ] |
| South Africa’s credit growth quickens to 5,52% in October |
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Growth in credit demand by SA's private sector was less than expected at 5,52% year-on-year in October from a slightly revised 5,42% rise in September, SA ReserveBank data showed on Tuesday.
But growth in the broadly defined M3 measure of money supply quickened to 7,26% year-on-year compared with 6,8% in September.
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| Nigeria at 51: Time to Re-organise a Dis-organised Society |

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By Adewale T Akande in Spain. This is the time to re-organise a blessed land with a repeatitive leaders of selfish motives. It is undemocratic and detrimental for leaders to think more about themselves as individuals or about their small families, clans or tribes and do not think at all about the people they are representing.
Humanism means proper regard and compassion for people.We just have to do something to bring the country back to its feet. We have all witnessed the remnants of the long fruitless military regimes that failed to lay good and solid foundations to the development of this great country.
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| Ecobank hosts inaugural UK-Guinea Bissau Investment Summit |
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The Ecobank Group was delighted to have the opportunity recently to highlight the trade and investment potential of Guinea-Bissau to UK industry representatives and institutional investors. Working in close cooperation with the UK AllParty Parliamentary Group for Guinea-Bissau ("APPG"), Ecobank also helped to facilitate the first ever high-level talks between the governments of the two countries.
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| UK £1 billion to help Africa fight climate change |
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The Telegraph reports that, in a move that is expected to attract intense criticism at a time when the UK economy is struggling to recover from recession, Chris Huhne, UK Energy and Climate Change secretary, will announce details of a foreign aid package ahead of the 17th Conference of the Parties of the UN Framework Convention on Climate Change (COP17) in Durban.
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| It pays to help keep employees healthy |
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International research initiated by Human Resource and labour experts confirms that the welfare of staff is a growing priority in the workplace.
An online report, published on www.peoplemanagement.co.uk reported the findings of a UK-focused Workplace Wellness Survey, jointly conducted by a health solutions provider and a London university - vielife and London South Bank University.
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| Doing business in Africa |
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By Anushuya Gounden in Johannesburg. The word, Africa, and especially travelling in Africa, conjures up a number of images in one's mind. One thinks of Out of Africa and Karen Blixen, in her white linens, hat...
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| New charity to fund key African projects |
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African visionary and international designer, Ozwald Boateng, in collaboration with Nigerian businessman, Kola Aluko, and Nigerian oil and gas company, Atlantic Energy Drilling Concepts Limited, has agreed to establish a multi-million dollar charitable organisation, Made In Africa Foundation, to focus on first-stage funding of infrastructure projects in Africa.
[ read more ] |
| China and East African Community in new US$500 million trade and investment deal |
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China has entered into an agreement with the East African Community on economy, trade, investment and technical co-operation.
Officials said the parties, led by EAC Secretary General Richard Sezibera and China Vice Minister for Commerce Jiang Yaoping, discussed priority projects in infrastructure worth over $500 million.
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| Diageo loans East African Breweries Limited Sh19.5 billion for subsidiary buy-back |
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East African Breweries Limited (EABL) has received a Sh19.5 billion loan from majority shareholder, Diageo to finance the repurchase of its subsidiary, Kenya Breweries (KBL) from international beermaker SABMiller.
EABL said it had received a "dollar equivalent" loan worth Sh19.5 billion that it will use to settle the transaction.
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| Angola LNG sees first liquefied natural gas in early 2012 |
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Angola LNG is on track to deliver its first liquefied natural gas exports in early 2012 and is looking to sell its LNG to non-U.S. buyers after prices there plummeted due to an increase in domestic gas production, a company executive said on Monday.
"Our project was based, four years ago, on U.S. sales, but since the LNG market is not very good, we are looking for other opportunities," Antonio Orfao, chairman of Angola LNG, told Reuters on the sidelines of an industry conference in Perth, Australia.
[ read more ]
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| African phone tower group seeks funds for expansion |
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IHS, an African telecoms infrastructure company, has approached investment groups to raise more than $200m to double the size of its business across western African states in the next year.
The company, which builds and rents out phone towers to mobile operators, has appointed Citibank to raise additional equity to expand outside Nigeria, where it is listed.
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| West Africa / Ericsson and Sony Ericsson partner to run competition for application developers in West Africa |
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Ericsson in partnership with Sony Ericsson has announced plans to run a regional competition for application developers on the Android platform. The competition titled ‘Apps for Africa’ is to run under the aegis of the 2012 Ericsson Application Awards (EAA 2012) - an ongoing annual competition for application developers worldwide organized by Ericsson Research.
[ read more ] |
| Nigeria and Indonesia sign US$960 million investment deal |
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Nigeria and an Indonesian consortium on Monday signed a $960 million investment deal involving the mining, oil and rubber sectors in two southern states, a government statement said.
Trade Minister Olusegun Aganga signed the memorandum of understanding with Indonesia's Bakrie Group chief, Indra Bakrie, for the investments in Ogun and Akwa Ibom states within the next five years, it said.
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| Rwanda to invest US$75 million in horticulture exports |
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Rwanda is planning to invest at least $75 million beginning next year in its horticulture sector. The move is expected to reduce its current dependence on traditional exports of coffee, tea, minerals and tourism that currently account for about 60 per cent of total export revenue but are...
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| Ugandan government to revive railway network |
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Government is set to revamp all the dilapidated rail-lines across the country, the state minister for Works John Byabagambi disclosed on Monday.
The multi-billion dollar project will involve the rehabilitation of the Kampala -Kasese, Kampala-Packwach, Kampala-Tororo/Malaba and Kampala-Kaliro railway lines.
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| African telecoms bet big on next-generation LTE |
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Africa-focused telecom companies are sure that next generation long-term evolution (LTE) technology will drive broadbandpenetration in the world's least developed and fastest growing internet market.
LTE, also known as 4G, allows download speeds more than double those of current 3G technology, better reception in urban areas and coverage of previously hard-to-reach remote areas.
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| East African Community launches US$1.3 billion 5 year development plan |
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he 13th Ordinary summit of the East African Community (EAC) Heads of State have launched a five year development strategy estimated to cost $1.3b. The strategy to be implemented from 2011-2016 will be built on the achievements of the last decade.
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| New transport infrastructure projects drive growth in Senegal |
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Transport networks are being constructed to speed up business and boost efficiency.
The modernization of Senegal's transport infrastructure is one of the government's top priorities, with officials investing billions of dollars in new roads, highways, bridges, airports, railways and rolling stock, plus port facilities.
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Africa Business Communities launches Windhoek BusinessClub
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Recently we have launched the LinkedIn Group Windhoek BusinessClub - Namibia. You are more than welcome to join! Click here to join Windhoek BusinessClub - Namibia

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Africa Business Communities launches BusinessClub Kigali
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Recently we have launched the LinkedIn Group BusinessClub Kigali - Rwanda. You are more than welcome to join! Click here to join BusinessClub Kigali - Rwanda

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Africa Business Communities launches Clube de negócios de Maputo
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Recently we have launched the LinkedIn Group Clube de negócios de Maputo - Moçambique. You are more than welcome to join! Click here to join Clube de negócios de Maput- Moçambique
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