Accra-

Vodafone[LSE:VOD;Nyse:VOD;Fwb:VOD] ] eventually finalised the acquisition of 70% of Ghana Telecom. The Ghanaian form with 1.4 million subscribers is the country third largest carrier. The investment by the British company is expected to generate substantial benefits to the Ghanaian economy.[ BBC Africa edition]

Atlanta-

36 billion bottles of coke are purchased on a yearly basis by African consumers. Employing around 1 million Africans, Coca Cola [Nyse:KO] it is the largest private-sector employer in Africa. Its system of distribution, which moves the sugary drink from bottling plants deep into slums and the bush a few crates at a time.. has been present... since 1928. The company expects sales in Africa to grow by an annual 10-13% over the next few years...[The economist Africa edition]

Visit YRB here

New Orleans-

The rapid growth of private equity in Africa will be underlined on Tuesday as Kingdom Zephyr, a company that has a policy of investing in mid-sized African companies, announces it has raised $325m for a newly created Pan-African fund.[Financial Times]

Kingdom Zephyr previous involvement in the African private capital market include stakes in:
-Celtel
-United Bank for Africa [ Which is hiring]
-Micro Provident

Nairobi-
Smart Youth Investments Ltd wants to
To enhance Kenyan Youth financial management skills

To popularize stock trading at the Nairobi Stock Exchange

To encourage the culture of thrift or saving



Register here [if attending school in Kenya]

Yaounde-

Klebert, a student of mathematical finance from Cameroon... has for objective  to manage the wealth  of his country more effectively and efficiently.

See also.

Abidjan-

Event scheduled for the 3rd of July.

An 721.com production.

The Emergent African Land Fund will offer investors the opportunity to participate in the growing Sub-Saharan agricultural sector. It will apply modern management disciplines and introduce improved farmland techniques to increase crop yields and investment returns.

The investment focus will be in South Africa. The portfolio will be expanded within Africa to include (but not limited to) countries such as Botswana, Zambia, Mozambique, Swaziland and the DRC.

Register [US citizen excluded]
Related articles

• The African Green Revolution [Scientific American Magazine] [via Zemanta]

Abidjan-

Harlem-

Taste the exquisite cuisine of Executive Chef Justin Hicks of Society Coffee, listen to Nhojj soultry voice while enjoying cocktails.

Saturday June 28th 2008
From 4PM - 10PM
2164 8th Avenue
Bet 116 - 117 street Fredrick Douglas Boulevard
212 828 5775

Bebenoir

Johannesburg-
Vodacom ,a pan-market mobile telecommunications company, that provides cellular service to an estimated 30.2 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo




Editor's note: Vodacom is the result of a 50/50 partnership between British Vodafone[ Lse:VOD;Nyse:VOD;FWB:VOD] and South African Telkom[Nyse:TKG;JSE:J653]Related articles

• Vodafone £1.2bn bid to raise its Vodacom stake [via Zemanta]

Le Quartier Français is an exclusive boutique hotel situated in the heart of the Franschhoek Valley, Cape Winelands.

During your stay, explore the village's quaint shops, galleries, the chocalaterie, chacuterie or enjoy wine tasting, fly-fishing, horse riding and golfing. Eating is not a problem in Franschhoek - the gourmet capital of South Africa-abundant with great cafes and restaurants and more than 40 wineries to visit.


Online Booking

Related articles

• Bespoke Traveller: wine-tasting in South Africa [via Zemanta]
• Top ten Fairtrade wines [via Zemanta]

Harare-

Trust, a Zimbabwean student of mathematical finance, expresses the new confidence that has come from his studies at AIMS. Now his desire is to help his field of study grow in Africa and to help push his country forward.

Addis-Abeba-

"Roses production has been chosen in Ethiopia in order to revive the country's economy and counter unemployment in rural regions. "(F. Berruyer)



Via France24

Conference[18-20 June]-

Card Expo West Africa 2008 agenda[Not all points included]:

Payment and National Economic Development

Perspectives on Retail Card Payment System

Preventing, Detecting and Managing Fraud - Implementing Tools and Practices for Success

Optimizing your card business

Retail Card Strategy to bank the Unbanked

Key factors for a successful POS deployment in Africa

Register here


Proud sponsor of the event are: Naira.net,Supercard Nigeria, and Chams.

Lagos-

Even if the event has already passed, we point you to The Future Nigeria awards.Let's look forward to the 2009 edition.
The Future...” is a celebration of youth and achievement – it honors young Nigerian achievers between the ages of 18 and 31...

In different sectors – from business, through the entertainment industry up to advocacy – young people are beginning to take charge and to take over. A revolution has taken place, a positive one, and what we are doing is accelerating this change, to encourage it, and to sustain it. Looking away will be a dis-service...

The Claymore/BNY Mellon Frontier Markets ETF (the "Fund") seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called The Bank of New York Mellon New Frontier DR Index.

The Fund will normally invest at least 80% of its total assets in securities of issuers from Frontier Market countries (whether directly or through ADRs or GDRs). The Fund, using a low cost “passive” or “indexing” investment approach, will seek to replicate, before fees and expenses, the performance of the Frontier Index.

The Index tracks the performance of companies from countries that are defined as the “Frontier Market, that trade on the London Stock Exchange (“LSE”), New York Stock Exchange (“NYSE”), American Stock Exchange (“AMEX”) and Nasdaq Stock Market (“NASDAQ”)

The index construction include[but not limited to]: Ghana,Kenya,Egypt,Malawi,Mauritius,Morocco,Nigeria,Tunisia,Zimbabwe,

Image via WikipediaAfrica has lower inflation; higher foreign exchange reserves...more importantly, real incomes are rising and Africans are getting richer at an unprecedented rate.

In 1997-2002, real GDP per capita rose at a rate of 1.8 per cent per annum, this was up to 4.6 per cent in 2007. At 1.8 per cent per annum it takes 39 years for real incomes to double, but at 4.6 per cent per annum real incomes double within 15 years...China, India, Russia, Brazil and South Africa have been substantial investors in sectors as diverse as mining, oil, banking, retail and telecommunications.

New technologies are throwing up new business models...city dwellers are texting airtime back which is then redeemed for cash.

Ignoring Africa today is like not investing in emerging markets in the 1990s, south east Asia in the 1970s and 1980s and Japan in the 1950s.[Financial Times]

Related articles

• Can emerging markets spark up your portfolio? [via Zemanta]