Hong Kong venture capital firm opens Africa base in Nairobi
Hong Kong based investment incubation firm- Nest- opened its first office in Africa, in Nairobi.
INDIA, TANZANIA PLEDGE TO BE DEVELOPMENT PARTNERS
DURING his meeting with Tanzania President Jakaya Mrisho Kikwete in New Delhi – who was in India on a five-day visit from June 17-21 this year – Prime Minister Narendra Modi said that India was committed to transform Dar es Salaam into a regional business hub.
MORE THAN 223 NEW SHOPPING CENTRES ARE EXPECTED TO BE OPENED IN AFRICA BY 2018
By the year 2018, more than 223 new shopping centres are expected to be opened across the continent and the total surface area (GLA), excluding South Africa, is expected to reach 10 million m² by the year under review.
Africa will be second-fastest growing region for luxury goods through 2019
Rising 5.6% a year, Africa’s luxury retail sales may reach $5.2 billion by 2019.
This is the second-fastest growth rate globally, Euromonitor estimates, trailing only the Middle East.
