Lodon- Actis Capital, a London-based buyout firm that invests in African and Asian companies, has committed $40 million (R252 million) to build a shopping mall in Lagos, Nigeria's biggest city.
Nairobi - An international conference aimed at attracting foreign capital to Kenya has wrapped up with investors pledging to set up projects in the country, government ministers said.
Nairobi - Kenya is to host a conference of foreign investors later this month in a bid to attract foreign capital to the east African country, Planning Minister Peter Anyang Nyong'o said.
Nairobi - Kenya's minister for land on Monday threatened to repossess tracts of idle land and redistribute it to thousands of landless people.
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