Topic: Top Story

South Africa: M-NET cares drive for the cause in association with …….

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….Liberty Medical Scheme raise R640 000 for charity – The second annual M-Net Cares Drive for the Cause National Final, in association with Liberty Medical Scheme, was hosted on Monday, 19 November at Randpark Golf Club. This event was a culmination of 16 golf days, eight clinics and the National Final, which saw a total of R636 038.00 raised for two beneficiaries namely M-Net Naledi Children’s Literacy Project and PinkDrive. The 2012 M-Net Cares Drive for the Cause National Final was rounded off with a star-studded prize-giving dinner. Golfers, sponsors, celebrity guests and media celebrated the cheque handover to Pink... Continue Reading

Sierra Leone: US government congratulates President Koroma on re-election

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The United States government has congratulated Sierra Leone’s President Ernest Bai Koroma, following his reelection, noting the democratic progress the country has made since the end of a civil war a decade ago. President Koroma was re-elected to serve another five-year term in the West African nation. White House spokesman, Jay Carney said in a statement: “The people of Sierra Leone have made their voices heard.” Mr. Koroma of the ruling All People’s Congress, APC, was Saturday declared the winner by the chairperson of the National Electoral Commission (NEC), Christiana Thorpe, a week after voting on November 17th. The President... Continue Reading

From Hype to Reality, Understanding Africa’s Consumer Evolution

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Ground-breaking research commissioned by All Seasons Capital Management and conducted by NKC Independent Economists – uncovers trends in African consumer spending and related investment opportunities. This cutting-edge research reveals that the African consumer is increasingly powerful, selective and differentiated. Commissioned by All Seasons Capital Management (ASCM) and conducted by award-winning research firm, NKC Independent Economists (NKC), the research identifies clear trends in Africa’s consumer spending on services, basic and luxury goods and alcohol through 2050 (see Graph 1). Detailed analysis reveals the specific opportunities available to boost bottom lines of companies already operating, or considering expanding into Africa. “The World... Continue Reading

APM Terminals Proposes New Nigerian Mega-Port Project

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Lagos, Nigeria – APM Terminals and its consortium partners have announced plans to develop a new greenfield mega-port project and Free Trade Zone at Badagry in Nigeria’s Lagos State, 55 km (34 miles) west of Apapa and the Port of Lagos on the Benin-Lagos Expressway. At full build-out, the deep-water full-service port will be one of the largest in Africa with 7 km of quay and 1,000 hectares (2,470 acres) of dedicated yard, and will include state-of the art facilities for container, bulk, liquid bulk, Ro/Ro and general cargo as well as oil and gas operations support and a barge... Continue Reading