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What's New on DrumIt
Kofi Annan: Africa plundered by secret mining deals
Tax avoidance, secret mining deals and financial transfers are depriving Africa of the benefits of its resources boom, ex-UN chief Kofi Annan has said. Firms that shift profits to lower ...
Source: BBC
Drummed by Rachel in Drum Business 1 week, 3 days
Corruption probe raises questions over Guinea mine's future
Documents obtained by U.S. authorities investigating mining corruption in Guinea show Israeli billionaire Beny Steinmetz's mining company promised to pay millions of dollars in Africa to win valuable mining concessions. ...
Source: Reuters
Drummed by Rachel in Drum Business (Guinea) 4 weeks, 1 day
Senegal's Karim Wade charged with corruption
The son of Senegal's former President Abdoulaye Wade is in police custody after being charged with corruption in connection with his personal fortune. Karim Wade denies the accusations that he ...
Source: BBC
Drummed by sacre in Drum Business (Senegal) 1 month
The Rezidor Hotel Group primed to seize opportunities in sub-Saharan Africa
New hotels are springing up across Africa, despite the trials of bureaucratic delay and poor infrastructure, the Rezidor Hotel Group is seeking significant growth in sub-Saharan Africa. The International Monetary ...
Source: SA Commercial Prop News
Drummed by Jimmy in Drum Business 1 month
Rio Tinto among main bidders for Mozambique rail project
Mozambique has named miner Rio Tinto as one of six preferred bidders for a new $3 billion railway and port development project to boost coal exports, the country's transport minister ...
Source: Reuters
Drummed by sacre in Drum Business (Mozambique) 1 month, 1 week
Investing in Africa: The hottest frontier
Strategies for putting money to work in a fast-growing continent. Investors in Africa are buying a big-picture story of progress towards a formal and regulated economy with stable politics, the ...
Source: The Economist
Drummed by Sedicka in Drum Business 1 month, 1 week
DP World lauds new Somalia shipping service
Dubai-based global marine operator DP World has welcomed shipping line Simatech’s new service between Jebel Ali Port and Mogadishu as a significant step in re-establishing trade links between Somalia and ...
Source: Tradearabia
Drummed by Jimmy in Drum Business (Somalia) 1 month, 2 weeks
SA venture capitalists invest in 88mph
Cape Town-based venture capital firm 4Di Capital has invested in African seed accelerator 88mph, a first for the continent’s accelerator scene. 88mph, which currently runs accelerator programmes in Nairobi and ...
Source: HumanIPO
Drummed by Jimmy in Drum Business (Kenya, South Africa) 1 month, 3 weeks
How Twitter Got Nigerian Online Store A Multi Million Dollar Investment
While foreign investors turned down Konga’s investment proposal, South Africa’s media giant Naspers MIH Internet Africa, came across several tweets and blog posts testifying of Konga’s good customer service. The ...
Source: Ventures Africa
Drummed by Rachel in Drum Business (Nigeria) 1 month, 3 weeks
Bulk versus bottle dilemma for South African wine
At South Africa's Rostberg and Co., green bottles filled with a ruby liquid clink as they march along a conveyor belt, destined for wine-lovers from Paris to Shanghai. But if ...
Source: Reuters
Drummed by aster in Drum Business (South Africa) 1 month, 3 weeks


