InformAfrica gathered that Pakistani investors eyeing Tanzania’s construction industry have opened a cement factory in the East African country. The Pakistan investors also established that Tanzania was a suitable place for investment in different fields due to its political and environment stability.
With a clear objective in the Horizon 2020 Plan, the Government of Equitorial Guinea continues with its policy of investment and improvement of the country’s infrastructures.
Africa is said to be the investment success story of the next decade since the continent as an emerging market was attracting unprecedented attention as capital shifts from developed to growth markets. Rapid economic growth of the continent to be showcased at the 3rd Pan-Africa Investor Conference.
The Asset Management Corporation of Nigeria (AMCON) has said that over 20 institutions have expressed interest to buy the three of Nigeria’s nationalized banks (Mainstreet Bank, Keystone Bank and Enterprise Bank).
Investment hungry Africa has become one of the fastest growing regions in the world, now firmly positioned as a global investment destination of choice.
Nigeria’s militant group MEND threatened Saturday to attack South Africa’s investments, including telecoms firm MTN, in the Niger Delta, because of the terror trial of its leader in Johannesburg.
Malawi this week expressed its willingness to attract more Chinese investment in its cotton industry, stressing that more value addition is needed.
"Light manufacturing can offer a viable path for Tanzania and other sub-Saharan African countries as they transform their economies to create more productive jobs", according to a World Bank report.
Creating a pool of skilled people has been singled out as a requisite for Tanzania and other African countries to attain sustainable social, political and economic development.
The maker of the iPhone, iPad and iPod has $98 billion in cash and securities, equal to about $104 a share according to ISI Group analyst Brian Marshall.
Apple Inc, the world’s most valuable company, will discuss on Monday what it plans to do with its $98 billion cash hoard, raising expectations it may meet demands to pay a dividend for the first time since 1995.