The most promising retail markets in Africa are in countries people rarely talk about
It is rarely mentioned countries, like Gabon, Botswana and Angola, that are increasingly becoming attractive for multinational retailers looking to launch and expand on the African continent, according to a new report. These countries are small and dynamic, their income levels are growing and their retail markets are unsaturated—offering ample opportunity for the enterprising retailer.
Read more: The most promising retail markets in Africa are in countries people rarely talk about
South Africa's Naspers invests $100M in smartphone start-up Letgo
The world of online marketplaces may already seem crowded with the likes of Amazon.com and the Alibaba Group.
But a new start-up is betting that it can find its own niche — and it has drawn a huge amount of financing to buttress its efforts.
Read more: South Africa's Naspers invests $100M in smartphone start-up Letgo
Marriott to enter South Africa with $74M in new developments
Marriott International Inc. plans to develop a Johannesburg hotel and executive apartments at a cost of about 1 billion rand ($74 million), the U.S. hotelier’s first own-branded properties in South Africa.
Read more: Marriott to enter South Africa with $74M in new developments
SA, Japanese partnership boosts maritime sector
The South African government's efforts to grow the country's maritime economic sector have been given yet another boost with the formal registration of a Merchant Vessel under the country's flag.
