African Business News

Old Mutual announces plan to expand across Africa

Anglo-South African insurer Old Mutual has revealed plans to expand its operations across Africa and has set aside R5billion to help it do so.

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East African Oil Goes Boom

In 1977 there were 1 million cars in China. Today there are 51 million. Mob scenes at Toyota dealerships in Beijing are evidence that this trend is not going away.

Global oil demand grew by 800,000 barrels a day in 2012 and is forecast to increase a million barrels a day for 2013.

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Cisco to boost South African business funding

Cisco Capital has unveiled a range of financing solutions available to Cisco customers in South Africa at Cisco Expo South Africa 2013.

Cisco Capital specializes in providing financing solutions for Cisco’s customers and channel partners and tailors

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Zambia Attracts African, Saudi Firms for Oil Hunt Partnerships

ZCCM Investment Holdings Plc (MLZAM), the company 88 percent owned by the Zambian government, has received interest from African and Saudi Arabian companies in partnerships to explore for oil and gas in the country.

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