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News: India to support local entrepreneurs in Tanzania

News: India to support local entrepreneurs in Tanzania

Africa news gathered by InformAfrica today reports India has promised to support local entrepreneurs in Tanzania in order to improve their efficiency and compete more effectively.

“Motor Sport Industries Within Africa’s Reach” -Kola Aluko

“Motor Sport Industries Within Africa’s Reach” -Kola Aluko

Kola Aluko, an International businessman, has expressed his optimism for the future of motor racing in Africa, saying he believes African manufacturing industries will soon be in a position to compete with major global suppliers to the sport.

Review of Nigeria’s development in a global context: Interview

Review of Nigeria’s development in a global context: Interview

This review looks into Nigeria’s development in a global context, and reports that GDP growth in Africa’s most populous nation is expected to average 6.7% in the coming years – despite economic downturn.

Interview: The future is bright for Nigeria

Interview: The future is bright for Nigeria

‘The future is bright for Nigeria’ is an interview that focuses on the current status of Nigeria’s power sector, the uninterrupted power supply initiative by 2020, and other factors effecting electricity in the country.

GHANA: MTN steps up effort to improve quality of service in Kumasi

GHANA: MTN steps up effort to improve quality of service in Kumasi

MTN, a mobile telecommunication operator, on Wednesday opened two new branch offices in Kumasi with a pledge to do more to improve the quality of its services.

20 firms express buy interest in three Nigeria nationalized banks

20 firms express buy interest in three Nigeria nationalized banks

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).

Nigeria-based telecom company, Globacom launches in Ghana

Nigeria-based telecom company, Globacom launches in Ghana

Nigeria-based mobile operator, Globacom, has launched commercial services in Ghana.

How Nigeria Loses 12.6 Billion USD Annually In Maritime Industry

How Nigeria Loses 12.6 Billion USD Annually In Maritime Industry

Nigeria continues to lose up to 12.6 billion USD (N2 trillion) annually in capital flight to foreign countries which own vessels used to lift about 150 million tonnes of cargo, including oil products, the Indigenous Shipowners’ Association of Nigeria (ISAN) Chairman, Dr. Isaac Jolopamo, said yesterday.

TANZANIA: Vulnerable system for bulk oil importation faulted

TANZANIA: Vulnerable system for bulk oil importation faulted

In Tanzania, oil marketing companies have faulted the vulnerable system overseen by the Petroleum Importation Coordinator (PIC), saying it has failed to lower pump prices as expected.

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