Fifteen good reasons why you should choose East Africa as your investment destination:
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.
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.
For years, China has been pumping billions of dollars across Africa to build large-scale infrastructure projects and grant cheap loans in exchange for access to the continent's natural resources and growing markets.