Choppies Plans Sub-Saharan Africa Expansion in Market Share Push
Choppies Enterprises Ltd., the Botswanan supermarket chain that listed in South Africa in May, plans to open about 30 stores in the year through June and may also expand via acquisitions as the retailer seeks to increase market share in the region.
KKR to invest $100M in Africa over the next year and make Nigeria regional base
KKR & Co. L.P. might be turning to Africa as its next hotspot for private equity investments. As per Reuters, the company is expected to invest approximately $100 million in the continent over the next year.
Kenya’s investments in Tanzania grow
KENYA’S investments in Tanzania have reached 1.685 million US dollars in 518 projects creating 55,762 jobs. The Executive Director of Tanzania Investment Centre, Juliet Kairuki, revealed this in Nairobi recently in Tanzania-Kenya business forum during an official state visit of President Jakaya Kikwete to Kenya.
Mauritius vies with larger African neighbors to be continental hub
As Mauritius developed into one of Africa’s wealthiest and advanced nations, the island nation’s focus tended to be far beyond the shores of its home continent.
