Africa:Frontier & Emerging Markets

Comment

Comment by Eyembe Elango on March 7, 2010 at 8:42pm

Egypt's SME exchange to begin trading in Q2

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Comment by Eyembe Elango on March 7, 2010 at 7:31am

Africa - the untouched market

Comment by Eyembe Elango on March 3, 2010 at 4:39pm

Africa risks overstated says Egyptian export insurer
......Partly state-owned ECGE has a $200m portfolio and says more of its clients are eyeing the African market to export engineering and infrastructure products in particular, including electric cables, cement and ceramic tiles.

ECGE insures short and medium-term deals against risks like buyer insolvency and civil disturbance in the buyer countries.

"We have 50 percent of our exports going to the U.S. and Europe, now demand in the U.S. and Europe due to the financial crisis has declined. It's normal to see a shift," he told reporters in an interview, adding that Africa was now a growing focus.
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Comment by Eyembe Elango on March 3, 2010 at 3:53am

Climate change: a huge market for African banks
The World Bank estimates the potential for clean energy projects in Africa is approx 3200, with a potential emission reductions of 740 million tCO2. In this market, Africa has a unique competitive advantage. The transformation of this vast potential is necessary for financial institutions.
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Comment by Eyembe Elango on February 10, 2010 at 8:12am

New Technology Expands Banking Access
In Kenya, the number of new credit and debit cards issued grew by 40% for the year ending June 2004. Mozambique reported a 52% increase in cards issued with a 213% growth in card transactions, including ATM withdrawals. Although much of the increase comes from issuing cards to existing bank account holders, Kenya's greater use of electronic banking has boosted the growth of bank customers from 6% to 11% of the population in the past four years.

New technology can cut costs. High banking costs are the result of paper-based payment systems, high labour costs and markets too small to enjoy economies of scale. Introduction of electronic payment systems can cut transaction times and staff levels bringing more money into the formal financial environment, according to a report by the Commonwealth Business Council and Visa International. New technology can speed the growth of banking services as it does not require construction of new bank branches, the report says.
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Comment by Eyembe Elango on January 31, 2010 at 3:50am

Zain extends mobile commerce service across Africa
Mobile telecommunication company in Africa and Middle East, Zain has announced the expansion of Zap, its mobile commerce service, in Sierra Leone, Niger and Malawi, according to Nigerian publication Vanguard.

Already launched in Kenya, Tanzania and Uganda in February 2009, Zap has more than 10 million users and serves over 150 million people in six countries on the African continent, providing access to advanced financial services through their mobile phones.
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Comment by Eyembe Elango on January 31, 2010 at 2:32am

Challenges of Access to Insurance Svcs in Africa

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Comment by Eyembe Elango on January 28, 2010 at 8:58pm

Emergence of Kenya's Economic Might

Doing Business in Kenya - Agriculture and Infrastructure Development

Revitalizing Kenya'sTourism Sector

Outsourcing to Kenya

Comment by Eyembe Elango on January 28, 2010 at 7:41pm

Egypt invites Tata Motors to build Nano plant-paper
Egypt has invited India's Tata Motors to build a factory to make the Nano, the world's cheapest car, in the African country for the local market and sales elsewhere

Egyptian ambassador to India, Mohamed Higazy said that "Egypt is seeking consent of Tata for left-hand drive Nano to be produced in Egypt, where a huge market is expected not only internally, but in the left-hand drive market in the Middle East and in Europe"
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Comment by Eyembe Elango on January 28, 2010 at 5:02pm

Egypt: The Market Scoop

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