Tag Archives | Morocco
South Africa was the most active market for PE investment on the continent in H1 2012 with South African targets attracting $547m over the period.
Delta International Property Holdings, the first JSE listed property fund offering investors direct access to high growth markets in Africa, is targeting properties in Ghana and Nigeria, with an acquisition pipeline of $200m having been identified.
Traditionally the frequency and intensity of North Africa’s sunlit days has been seen as a handicap, robbing much of the region of agricultural potential. With the development of solar power generation however that high rate of solar insolation is now considered a possible asset, one that could not only solve national power issues but also contribute towards the global movement for cleaner power production and offer local economies a notable boost through trade with energy-hungry Europe.
The face of banking in North Africa is changing. Regulators across the continent are putting pressure on banks to reform, with the aim of better customer service. While the Arab Spring depressed growth in the region and the worldwide financial crisis hit hard, overall there appears to be sustained economic growth.
Africa Brief: Africa falls far behind in mobile broadband access, Famous brands gets big in Nigeria and more
Whereas the rest of the world prepares to introduce and welcome 5G communications technology, most of Africa is still struggling to launch 2G, let alone 3G technology in their markets which is already behind the LTE and 4G in uses around the world. While Africa is the most rapidly growing market for mobile technology, it still has one of the lowest penetration rates.
One sector of Swaziland’s otherwise declining economy -the construction industry -intends to localise construction jobs through new legislation that blocks South African construction firms from doing business in the country without a Swazi partner. The House of Assembly is considering the Construction Industry Council Bill, which forbids exclusive tendering of government projects to foreign firms. It also stipulates that jobs in the private sector cannot be given solely to non-local construction companies.