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·Africa: Investor Sees Africa Risks Easing, Plenty of Growth
Political risks to investment are easing gradually across Africa, making it easier to tap into the continent's robust growth, Africa's top private equity investor Emerging Capital Partners (ECP) has said.
·Tanzania: Asia's Richest Person Bids For BP Tanzania
Indian billionaire Mukesh Ambani, who is Asia's richest man, has joined the race to buy the assets of the British Petroleum (BP) Company in Tanzania and three other African countries.
·South Africa: Private Investor - Tongaat's a Maybe for Rand-Sugar Hedgers
TONGAAT Hulett (Tongaat) has featured in this column several times, mainly because it was a candidate for the Private Investor portfolio in the last quarter of 2007.
·Rwanda: Region Woos Investors in Creative Industry
Rwanda is using the 7th Pan African Dance Festival to woo potential investors into its blossoming creative and performing arts industry.
·Kenya: Passing New Law to 'Attract Direct Investment'
Passing a new constitution will attract foreign investment in the country, Vice-President Kalonzo Musyoka has said.
·Nigeria: Irish Firm Set to Invest in FCT
Four members of a consortium of Irish building experts have arrived Abuja from Dublin to engage the Federal Capital Territory Administration (FCTA) and the management of Abuja Investment Company Limited in the construction of public toilets and mass housing estates in the FCT on Public Private Partnership (PPP).
·Uganda: Company Finds More Oil
Tullow Oil's Ngiri-2 appraisal well in the Butiaba Block 1 has encountered more than 40 meters of net oil bearing reservoir, the thickest oil pay so far encountered in the Butiaba area.
·Kenya: Country Loses the Battle for FDI to Uganda, Tanzania
Kenya is losing the battle for foreign direct investments (FDI) to Uganda and Tanzania as heightened political tensions and restrictions on foreign ownership in some sectors turn away multinationals.
·South Africa: Offshore Property Offers Rand Hedge
THE listing of Redefine International on the JSE at the end of next month is expected to provide a rand hedge opportunity for South African investors without them having to use their foreign allowance.
·East Africa: Regional Bloc Attracts U.S.$2 Billion in Invesments
In a bid to step up investments, the five East African Community (EAC) member states attracted projects worth $2b in 2009, according to the annual World Investment Report (WIR) for the year 2010.
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