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.

Monday, 29 March 2004 02:00

Kenya wins investor pledges

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.

Tuesday, 02 March 2004 02:00

Kenya plans investment showcase

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.

Tuesday, 10 February 2004 02:00

Kenya plans to redistribute idle land to poor

Nairobi - Kenya's minister for land on Monday threatened to repossess tracts of idle land and redistribute it to thousands of landless people.

Lender disbursed R1,8bn last year.

 

Analysts believe companies have been given impetus by the easing of exchange control regulations.

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