Development Blogs.com


MapNTL via Timbuktu Chronicles August 17th, 2008 at 20:52

"...MapNTL is an online mapping and location-based services that delivers more online maps, point-to-point driving directions and geo-spatial ("where's my nearest?") searches to more businesses and consumers than any other supplier in Nigeria..."-Company...

Industrial and General Insurance via Timbuktu Chronicles August 17th, 2008 at 08:30

Reuters profiles Nigeria's largest insurance group,Industrial and General Insurance (IGI): The company plans a $2 billion expansion drive in Africa, the company's chief executive officer told Reuters.Three years ago, the insurance firm began expanding out of Nigeria, initially investing in Ghana, Gambia and Uganda. "Originally we set aside $200 million of our own funds but we see this attracting...

Quick Hits via Timbuktu Chronicles July 15th, 2008 at 03:01

NaijaCar reports on the Innoson automotive initiative. Nubia Estates offers private residence owners' Club. Food crisis a boom for small farmers? More on the opportunity in Africa's frontier markets. Using oil palm crops to heal Lake Victoria Burundian Ashura Kisesa, wins a young entrepreneur...

QuickHits via Timbuktu Chronicles July 2nd, 2008 at 13:53

Ft gives an overview on the"rapid growth of private equity" in Africa. via Africaincorp Ladybrille covers Nollywood and more in their latest issue. Nubian Cheetah takes a look at ExZeed a BPO provider African Architecture & Design highlights the bamboo construction...

Lekki Concession Company via Timbuktu Chronicles June 19th, 2008 at 17:56

The Lekki Concession Company's primary project is the Build Operate Transfer: Lekki Toll Road...which underpins the "Lagos Infrastructure Project",it will include upgrading and creating new Road Infrastructure along the first 49.4km of the Lekki-Epe Expressway (Phase I)...they the Concessionaire will be required to operate and maintain the road for the full 30-year term of the Concession, and...

Encon’s private placement via Timbuktu Chronicles May 30th, 2008 at 12:44

Energy Company of Nigeria(Encon) ,"...a power supply company, is developing a portfolio of power plants to be operated as IPPs, BOO's or BOT's..." A current partially operational project of theirs is the 100 MW Gas Turbine Independent Power Plant for the Odogunyan Industrial Estate.The company is in the process of raising N60 billion through a private...

Diaspora Homes via Timbuktu Chronicles May 23rd, 2008 at 13:35

"...Kenya needs 500,000 new homes if the slums will ever be eradicated. Diaspora Homes is targeting a share of these houses through partnerships between Kenyan Professionals,Kenyans in the Diaspora and Investors...

Trassaco Valley via Timbuktu Chronicles May 23rd, 2008 at 14:20

Trasacco Valley an estate developer,was created to capitalize on the emerging luxury property market in Ghana. Their latest project the Villagio: "...offers of a variety of 3 and 4 bedroom apartments and 4 and 5 room penthouses, equipped with generous terraces from which to enjoy the stunning views of the central pool and gardens. Each apartment, with lift access, is tastefully appointed in a...

Goshen Marble via Timbuktu Chronicles April 27th, 2008 at 19:23

Goshen Marble is a manufacturer of Ceramic and Porcelain fixtures. produced from a formula of "...Natural marble, polyester resins and colorants which are chemically combined to produce a material that is stronger, stain resistant and easier to maintain than marble in it's natural...

Dangote joins Forbes Billonaire list via Timbuktu Chronicles March 6th, 2008 at 12:25

Aliko Dangote founder of the Dangote Group covered earlier makes the Forbes List: Nigeria's first billionaire hit the jackpot when his sugar-production company listed on the Nigerian stock exchange last year. Meanwhile, proposed initial public offerings of his flour and cement companies have stalled. Began career as trader at 21 with loan from his uncle; built his Dangote Group into conglomerate...

Nigerite via Timbuktu Chronicles January 22nd, 2008 at 12:11

Nigerite a building materials manufacturer, makes products which include: -fibre cement roofing -ceiling sheets, -concrete roofing tiles -vinyl floor...

Actis exits investments in Nigeria, Egypt via Timbuktu Chronicles December 25th, 2007 at 23:13

Altassets reports: Emerging markets private equity investor Actis has announced two exits. The firm has completed the sale of shopping centre The Palms Mall in Lagos, Nigeria. It has also sold its stake in El-Rashidi El-Mizan Confectionary Company (REM) in Egypt as part of a successful sale of 100 per cent of REM...In the second transaction, Actis has sold its majority stake in The Palms to...

Bora Capital via Timbuktu Chronicles December 17th, 2007 at 02:14

Bora Capital a Real Estate Investment Management firm focuses on: Direct investments in real estate, separately managed account portfolios, commingled funds all concentrating on real estate especially within Africa.Investments in publicly traded securities, REITs, property Unit Trusts, Joint Ventures and other real estate companies in Africa.Origination and servicing of debt secured by real...

Housing Finance via Timbuktu Chronicles November 27th, 2007 at 19:32

Housing Finance a publicly traded mortgage finance institution aims to be the leading integrated solutions enabler for the Kenyan property industry.Its offerings include: -Retail saving products -Mortgage products -Construction Finance via...

Legacy Realties via Timbuktu Chronicles September 16th, 2007 at 22:44

Legacy Realties offers H.O.M.E.S a service which enables clients to design and manage the construction of their homes. Others include: -Gated community development -Real Estate advisory -Facilities Management via...

Underutilised Resources : Ethiopia’s Bamboo via Timbuktu Chronicles August 23rd, 2007 at 14:20

Ethioblog reports on a bamboo manufacturing project,highlighting another underutilized resource: A local company, Mirga Wood Industry, is to construct a factory on 3 hectares in Egere, Addis Alem, 40 kms from Addis Ababa. The factory plans to start with products such as floor parquet, incense sticks and toothpicks from bamboo...“Once we meet the local demand our target is to provide most of our...

Botswana Building Society via Timbuktu Chronicles July 31st, 2007 at 14:29

The Botswana Building Society is a trust, that provides a number of services aimed at providing "affordable property finance and attractive investment returns" these include: -Mortgage Schemes -Paid-up Shares -Various types of...

A model for Africa? Construmex. via Timbuktu Chronicles July 31st, 2007 at 14:20

NextBillion's Ana Escalante reports on the pioneering remittance productization of Construmex. A model that could be adapted to work in Africa: Productizing remittances is a secure way for workers abroad to provide what they think its priority to their families. Some may recall a post by Thamel dot Com founder Bal Joshi about this very subject. We recently covered a news story on NextBillion...

Saba Engineering via Timbuktu Chronicles July 30th, 2007 at 14:12

Saba Engineering a multi-disciplinary consultancy firm with a foundation in geotechnical services. Offers a number of services which include: -Water Engineering -Building Engineering -Environmental...

Afrotec via Timbuktu Chronicles July 12th, 2007 at 12:39

Afrotec Industries is a manufacturer of dimensional pipes, PVC and cable products.Their product line includes: -Water pressure pipes for rural and urban portable water schemes -Domestic plumbing pipes -Column pipes for boreholes with value added service such as threading and screening -PVC pipes for irrigation...