African Americans are being encouraged to visit Ghana to mark 400 years since the beginning of the transatlantic slave trade. In the capital, Accra, one returnee chef is awaiting U.S. visitors to give them a taste of home in the homeland.Read more
Category Archives: Business
By George Tubei
The United States Trade and Development Agency (USTDA) has awarded a grant to Kenya’s Craftskills Energy Limited for a feasibility study to develop a 50-megawatt wind power plant with integrated battery storage capacity in Kajiado, Kenya.
Actis, a leading investor in growth markets across Africa, Asia, and Latin America, is co-developing the project with Craftskills. U.S. firm Delphos International will execute the study.Read more
South African document management company Metrofile announced that it has received a takeover offer. US document management giant Iron Mountain may also be interested in Metrofile, says Gryphon Asset Management portfolio manager Casparus Treurnicht.Read more
Abbott, a leading global healthcare company, announced Thursday the opening of its second office in sub-Saharan Africa at The Watermark – Nairobi Garage Business Park.
The new office will function as the headquarters for the company’s operations in East Africa and is intended to support expanded growth opportunities for Abbott, both locally and in the region. Abbott’s other office in sub-Saharan Africa has been based in Johannesburg, South Africa, since 1940.Read more
African-American entrepreneur Amirah Allen found her niche in Africa with online health and beauty platform Harima Naturals, which she launched after embarking on AB2020’s Ghana Business and Investment Mission in 2018.
Here, she speaks about how our annual mission helped set her on course to build an e-commerce platform for 100% natural and ethically sourced ingredients from the West African region.Read more
By Henry Sekanjako
The Speaker of Uganda’s Parliament Rebecca Kadaga has implored American entrepreneurs to consider investing in Uganda for improved employment opportunities. Speaking during a meeting with a group of investors from the United States, at parliament Kadaga boasted of the peace and security in the country, which she said is a good environment for foreigners to invest in Uganda. Read more
Top American business owners and investors have arrived in Uganda ahead of the business conference with tech entrepreneurs, which will take place on August 14, in Kampala.
The delegation made up of eight venture capitalists jetted into the country Monday, include Mr. Greg Dennerlein who serves as the director Venture DNA, and Mr. Chris Paladino who is the principal at NCP Equity LCC. Read more