Tag Archives: Investment

Latest report on land grabs in Ethiopia

 Human rights abuses documented The Ethiopian government has committed egregious human rights abuses to make way for agricultural land investments, in direct violation of international law, said the Oakland Institute in a new briefing paper released in New Delhi this … read more »

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Ethiopia: an African lion?

Returns of thirty per cent a year sound too good to be true, but that’s what it is claimed you can earn by investing in this rising nation. Local businesses say they are booming, meanwhile foreign investors are jostling for … read more »

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Nigeria: Obama Declares Nigeria World’s Next Economic Giant

United States President Barack Obama has declared Nigeria as the world’s next economic success story, stressing that this was one of the major reasons why his government was committed to helping the country build strong democratic institutions and remove constraints … read more »

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Africa’s top retirement fund in overseas investment push

South Africa’s Government Employees Pension Fund (GEPF) is considering investing around $22-billion outside the country to diversify its risks and some of that may go to other African countries and emerging markets. Really, and this when most businesses in South … read more »

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Nigeria’s planned oil law needs further ‘review’

Nigeria’s long-delayed law to overhaul of its oil sector will require further review before it is passed, a former petroleum minister said Wednesday, a move that could further hit investment. Former petroleum resources minister Diezani Alison-Madueke told the Senate, as … read more »

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Algeria passes budget law as public anger grows

Algeria’s parliament on Wednesday approved a budget law covering a raft of subsidies aimed at defusing mounting public discontent over jobs and high prices, a local report said. An overwhelming majority of lawmakers voted in favour of the Complementary Financial … read more »

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Egypt, Ethiopia fostering joint investments in industrial opportunities

Egypt’s Minister of Industry and Foreign Trade Samir el-Sayyad discussed with his Ethiopian counterpart Tadesse Halie means of fostering industrial cooperation and joint investments in the coming phase. Talks focused on extending invitations to businessmen from both sides to exchange … read more »

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Africa to be ‘next investment destination’

Resource-rich Africa is set to be the world’s next investment destination thanks to an array of reforms sweeping across many previously troubled countries, a former Nigerian leader said on Wednesday. Olusegun Obasanjo, in office in Nigeria for eight years until … read more »

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Secret to becoming rich

Question: How can I become rich? Please don’t tell me what I want to hear; tell me what I need to know. Answer: The secret to becoming wealthy This has to be the most common thought on people’s minds and … read more »

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