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African Buisness News

This category contains 5 posts

KENYA AND OTHER AFRICAN COUNTRIES MUST INVEST IN INNOVATION OR PERISH

Innovation is a country’s greatest investment. Most developed countries pour a lot of funding into research and technological innovation. Africa is a continent ripe with talent and resourcefulness. African youth in particular, have the ability to innovate products that would work for Africa based on her needs. Most African leaders hurt innovation by allowing Western and Eastern  countries like China to dump their goods … Continue reading

WHY KENYA MUST LIMIT AID AND REGULATE DIRECT FOREIGN INVESTMENTS

Herman Chinery-Hesse said it best “I don’t know of any country in the world where a bunch of foreigners came and developed the country. I don’t know one: Japan? Korea? No! No country did that. I know about countries that developed on trade and innovation and business.” The government of Kenya is  heavily dependent on … Continue reading

THE BATTLE FOR AFRICA’S RESOURCES: CBC Pushing For Australian Miners Into Africa

Having brokered about $4.5 billion in investments and business deals over the past nine months, the high-powered Commonwealth Business Council is spearheading a push by Australian miners into Africa channeling investments in the resource sectors of Nigeria and Mozambique. The CBC has set an ambitious target of $10bn worth of new deals before the end … Continue reading

Kenya’s 4Billion Shilling Navy Ship Arrives After A Decade

A decade after its ordered purchase, one of Kenya’s controversial projects linked to the Anglo leasing scandal is expected to sail into the coast of Mombasa on August 27th 2012 Kenya Navy’s newest warship dubbed “KNS Jasiri” is to be commissioned by President Mwai  Kibak upon its arrival. The navy ship project was among those … Continue reading

Social Network-The Gateway To Business Growth

Kenyan businesses looking for fresh growth momentum in the next three years must adopt new media as a key platform for engagement with customers and employees, a new survey has revealed. The world’s top business leaders now see technology as a key determinant of organization success and a factor of production they must give more … Continue reading