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Two new African acquisitions give Mara Delta solid footing

Pan-African property income fund Mara Delta has enjoyed a strong nine months to March, completing key acquisitions in Mauritius and Mozambique...

By Alistair Anderson 1 day ago

Maerua Mall facelift adds new tenants

This year, Maerua Mall in Windhoek will undergo a complete facelift, bringing both its look and its offerings up to date, with added tenants...

22 Feb 2017

Nigeria's slowdown affects retail, investment opportunities

According to Broll Nigeria, retail landlords have had to offer rental concessions in order to retain tenants in Nigeria and falling commodity prices, coupled with the depreciation of the naira, have contributed to the reduction of Nigeria's attractiveness as an investment destination in general...

12 Oct 2016

Botswana-based retailer targets South African expansion

Botswana-based retailer Choppies Enterprises is extending its South African footprint with the proposed acquisition of retail outlets owned by niche supermarket group Jwayelani...

By Marc Hasenfuss 23 Dec 2015

Shoprite opens store in Tete Province, Mozambique

The Tete Junction shopping centre opened recently in the Tete Province of Mozambique. The centre features the first Shoprite store in the province...

8 Dec 2015

Delta Africa buys stakes in two Zambian malls

Delta Africa, formerly Delta International, has acquired significant interests in two Zambian shopping malls, extending its asset base into a third country...

By Alistair Anderson 21 Oct 2015

Shoprite to open store in Tete, Mozambique

Shoprite is to open a new store in the town of Tete, Mozambique later this year. The property development company Terrace Africa has confirmed Shoprite as its anchor tenant and indicated that the new shopping centre will also feature many other well-known retailers...

20 Aug 2015

Retail, consumer confidence remains positive: Capco

Capital & Counties Properties (Capco) provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive...

30 Jul 2015

Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015

African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

1 Apr 2015

UK-based Tradehold growing foothold in Africa

UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia...

24 Mar 2015

Affluent Africa drives demand for property

The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world...

11 Feb 2015

RICS researches role chartered surveyors could play in key African markets

The Royal Institution of Chartered Surveyors (RICS) is collaborating with organisations across Africa to understand the potential role chartered surveyors could play in key African markets as the built environment undergoes unprecedented change.

16 Oct 2014

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

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International

Four key trends of African design in 2017/18

WGSN, a London trend forecasting company for fashion and creative industries, held a recent press event in Cape Town to unveil the four key trends that will be at the forefront of African design in 2017 and 2018.

1 day ago

Alibaba backs decision to add video games to 'Asia Olympics'

BEIJING, China - Online retail giant Alibaba on Thursday batted down criticism over a decision to add e-sports to the lineup of the 2022 Asia Games in China, responding to scepticism about an event it will play a major role in promoting.

21 Apr 2017

Apple touts greater use of recycled metal in gadgets

NEW YORK, US - Apple wants to "one day" end the need to mine materials from the earth to make its gadgets, the technology giant said in its annual environmental responsibility report out Thursday.

21 Apr 2017

Amazon, Flipkart battle in India for e-commerce's 'last frontier'

NEW DELHI, India - With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up.

20 Apr 2017

Tesco dives into red on accounting scandal

LONDON - Supermarket giant Tesco revealed on Wednesday that it fell into an annual net loss of 40 million due to a costly accounting scandal at Britain's biggest retailer.

13 Apr 2017

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