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The brand opened its new flagship store in Victoria Island, Lagos, a central meeting point between the most important commercial and financial areas of the city. Talking about their future plans, Gildo Zegna, chief executive officer of Ermenegildo
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The risks of doing business in Africa were graphically underlined in January, when fundamentalists opposed to France's intervention in Mali took more than 800 workers hostage from the Tigantourine gas production facility near the Algerian town of In
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Rating In Summary The Huawei 4Africa smartphone faces stiff completion from an array of low-end and mid range smartphones on the Kenya and African market at large. Mobile users in the Kenyan market now have an alternative smartphone, courtesy of a
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Since then, an additional investment of $2.6 bn has increased the debt burden to $13.8 bn...There is also the strong likelihood of not achieving the targets the company had set after the acquisition. These include $5 bn revenue from African
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Davies, who was in the island yesterday on a business trip, said following the visit of South African President Jacob Zuma in August, there was consensus to strengthen trade ties between the two countries. According to him, "there are opportunities"
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Rating In Summary In a statement, South African Tourism (SAT), through its director for Domestic, Africa and Middle East regions, Mr Phumi Ndlomo, said the decision to establish a regional office in Kenya would solidify South Africa's grip on the
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After government's intervention, Meatco and its rival Witvlei Meat were granted an equal share of the Norwegian market, after Witvlei Meat cried foul, arguing unfair trade practices. The split, according to Meatco's chief executive officer, Kobus du
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An African has to work three hours on average to afford a beer, compared with 12 minutes for a European, and yet the continent is the global hot spot for beer growth, such that the world's big brewers are struggling to keep pace. Nigeria , Uganda and
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This sentiment from one of the most famous American songs of the Great Depression largely characterized the donor-recipient relationship between the United States and Africa throughout much of the Cold War and its aftermath. Last month, Senator Dick
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However, trade experts question whether it can live up to this position as investors begin to increasingly look towards other African markets...And South Africa, as the most developed country in Africa, offers the infrastructure and services to
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