African Business News

Cambria Africa: Keyed into Zimbabwe’s recovery

There can’t be many better examples of an out-of-favour company than AIM-quoted Cambria Africa (LON:CMB). 

With the shares currently trading at 9.88p, Cambria is worth nearly £6 million, which is less than it paid to buy the iconic Leopard Rock hotel resort in 2009.

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WTC Africa Initiative and Italy join hands in trade

Following a trade agreement reached between the World Trade Center Africa Initiative and Italy, business between Africa and Europe is set to receive a significant boost. The agreement will see business leaders from 12 African countries meet their Italian counterparts in on-site deal rooms next year, at the inaugural Afritalia Commerce Exchange.

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Why invest in East Africa

Fifteen good reasons why you should choose East Africa as your investment destination:

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Jindal Steel to use coal for power in Africa after CIC buy

Jindal Steel & Power Ltd will spend about $100 million over two to three years to develop a coal mine in Botswana that it is acquiring through its purchase of Canada's CIC Energy Corp, a company official said on Wednesday.

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