South African-based Spar Group has announced that it will join forces with an Angolan company to open a store in the country’s capital, Luanda, within the next six months
Business
Funds for Dangote's refinery and fertiliser project
A consortium of 12 African and international banks has provided a US$3.3bn loan facility to Dangote industries forconstructing a petroleum oil refinery and fertiliser plant in Nigeria
South African property firm targets growing retailer interest in Kenya
South African property management firm Broll has entered the Kenyan market in an effort to benefit from the growing number of foreign retailers seeking space to conduct business in the East African country
Tata plans to tap African renewable energy sector
Tata Power Renewable Energy is preparing to expand business in Africa in an attempt to tap the continent’s potential in the power and energy sector
Sony reveals business expansion plans in Africa
Electronic goods manufacturer Sony has said that it has set a US$1.4bn target for Africa’s electronics market to tap the growing potential of Nigeria and other electronic markets in the continent