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South Sudan to revamp factories shuttered by war-official

South Sudan plans to invite investors to revamp about eight food, cement and textile plants shut down during a decades-long civil war,...

Zimbabwe move to localise firms scares investors-PM

Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership,...

Africa can weather crisis, but risks loom: AfDB

Strong growth prospects and double-digit returns for investors will help shield Africa from the debt crisis enveloping the western world, the chief...

Zimbabwe may give mines more time on ownership plans

Zimbabwe may give foreign miners more time to submit plans to transfer majority stakes to local black investors, the state-run Herald newspaper...

Merkel urges Kenya to fight graft to woo investors

German Chancellor Angela Merkel urged Kenya to step up its fight against graft to help lure investment from her country, which is...

Africa must promote investment to develop: Blair

Former British Prime Minister Tony Blair added his voice to calls for African development strategies to go beyond aid, saying a predictable...

Sierra Leone suspends tax chief over corruption

Sierra Leone's top tax collector has been suspended in a corruption investigation, authorities said in the poor West African country which has...