News
Previous Posts
- Zimbabwe Endorses African Records Expedition
- More flights to key destinations across Eastern Africa
- Media Request: Health and Wellbeing Retreats
- Webinar: Turtle Bay, Kenya
- New Bridge to link Zambia and Botswana
- Responsible Tourism Protects Wildlife
Archives
-
2021
-
2020
-
2019
-
2018
-
2017
-
2016
-
2015
-
2014
-
2013
-
2012
-
2011
02 April 2014
Commercial News from Africa
UAE-based hospitality firm looking to set up shops in Nairobi. Caramel Group wants to set up shops in Nairobi - Caramel is poised to open up a new Caramel Restaurant & Lounge in the east-African city towards the middle of this year.
Rwanda identified as the fastest place for multinational retailers to grow their businesses. Nigeria was ranked second - because of the peculiar nature of its markets due to unavailability of land and import regulations and restrictions. South Africa, ranked seventh as a result of the developed nature of its retail market. Other countries identified for retail expansion are Namibia, Tanzania, Gabon, Ghana, Botswana, Mozambique and Ethiopia.
Kenya has decided to allow Ethiopian companies trade on the Nairobi Securities Exchange (NSE). The decision will be beneficial to both countries, as it will encourage foreign investments opportunities in Ethiopia and make the Nairobi bourse bigger.
By DCE Partners