Tempted by the profits made in certain highly lucrative operations, such as the sale of the African mobile telephone company Celtel for $3.4 billion, venture capital companies are beginning to adventure into the continent of Africa.
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The Seychelles Ambassador to Paris, Callixte d’Offay, is to be the next Secretary General of the Indian Ocean Commission (COI [...]
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Corsairfly’s marketing director, Christophe Leloup, arrived in Antananarivo for the first time in his life on the evening of 26 [...]
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Like his fellow countryman Angelo Travaglini who has just been made Ambassador to Congo Brazzaville, the Italian diplomat Pierandrea Magistrati [...]
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The principal legal authorities of the island, the chairman of the General Council, Saïd Omar Oili, along with numerous important [...]
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The Istituto Nazionale per il Commercio Estero (ICE) has organized a mission of Italian companies to visit Ethiopia from 24 [...]
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The team of the new Sanofi-Aventis branch in South Africa, whose creation was announced exclusively in The Indian Ocean Newsletter [...]
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The first issue of a new publication linked to the Seychelles National Party (SNP, opposition) should appear this week to [...]
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The minister for tourism would seem to be waiting for the CEO of Airports of Mauritius to make a faux pas so he can sanction him.
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The President of the Union may reshuffle his government or his private office when he returns from the Africa-France summit in Cannes this week.
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The attempts by the Eritrean authorities to manipulate certain Ethiopian opposition groups to their advantage have only worsened internal splits inside these groups.
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President Museveni has accepted the conditions posed by Stephen Isitu to take up the head of the National Forestry Authority to stay in the good books of the donors.
The Ugandan government is not a military junta. However, half a dozen generals and officers who are close allies of the Head of State are in key positions.
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Several former top civil servants want to embark on a political career after retiring and are looking for investitures for the forthcoming parliamentary elections.
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The Kenya Commercial Bank (KCB) has hired the local recruitment company Manpower Services to help it find a replacement for [...]
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The first Islamic bank in Kenya is to be launched with the help of a loan from a subsidiary of the World Bank in charge of investing in the private sector.
The two man team consisting of Dominique Galéa and Cyril Mayer has gone after the Harel Mallac group, like the operation last year to take control of United Docks.
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The deal struck last year with the Iranian authorities to restore the Feruka Oil Refinery in Mutare has still not come into effect.
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A contract signed over a year ago to supply computerised passports and identity cards is about to go into its operational phase.
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A ruling in a British court enabled Anjouan Corporate Services to be the only firm to sell licences to register in the Anjouan financial offshore sector.
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The wife of former President Albert René and a businessman of Indian extraction have embarked on a project to build an ultra-modern private hospital.
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Two Washington firms are supporting the government of Addis Ababa in its fights against Starbucks to have Ethiopian coffee recognised internationally.
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After for a long time preferring an external candidate, the board of the Bank of Abyssinia finally selected an internal [...]
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A Madagascan who settled in Houston, Texas, almost ten years ago, Emma Rasolovoahangy carved out her niche in the oil [...]
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The brand new CEO of the first Islamic bank in Kenya, the Gulf African Bank (GAB), is a Muslim former [...]
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The new director general of the Netherlands African Business Council (NABC) couples competency in financial matters and experience in the [...]
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A 44 year old Frenchman, who has lived in Madagascar for several years, is the manager of the new firm [...]
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The new chairman of the Organisation Patronale des Comores (Opaco) is the 44 year old owner of the Moroni bakers [...]
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The Parliament of Somalia should soon debate a bill on [...]
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In spite of his occasionally burdensome pedigree, a 40 year [...]
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The Sudanese born businessman Mohamed Ibrahim, the founder of Celtel, [...]
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More Ethiopian diplomats have defected, bringing the total that has [...]
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Hardly had he been appointed to his new post (ION [...]
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Tyazhpromexport, a company depending on the Russian ministry of economic [...]
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Ralaindimby Tsilavina would have liked to have been the new [...]
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Hassan Farah Miguil was not content with creating the Comité [...]
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Since the end of January Mohamed Rachadi has been the [...]
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The British citizen David Murray has just been appointed chief [...]
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The French company specialising in technology services for businesses and [...]
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After selling his stake in Africoal Moçambique Lda to Riversdale [...]
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This firm specialised in office furniture, run by Frenchmen and [...]
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During the annual meeting to present the accounts of this [...]
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The French advertiser Pascal Kryl, living on Reunion Island where [...]
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For the first time a South African company whose shareholders [...]
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Problems rarely come singly, it would seem. Gulf Africa Petroleum [...]
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This new Australian company, based in Perth, has just signed [...]
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