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Latest Africa Emerging Markets News

  • Vodafone rules out bidding for MTN in wake of Bharti offer 12 May 2008 03:16 GMT
    ... MTN, a leading mobile phone operator in Africa and the Middle East. The UK group last week reviewed ... MTN would create a mobile powerhouse in emerging markets that could compare in size to America ...

  • Capital market deals raise $20bn 12 May 2008 02:30 GMT
    ... Some of the biggest deals came from emerging market companies in eastern Europe and Russia, which ... few months ago.” Richard Cormack, head of emerging markets equity capital markets at Goldman Sachs, said: ... managing director of European, Middle East and Africa equity capital markets at Merrill Lynch, said: ...

  • Outwardly mobile 12 May 2008 01:50 GMT
    ... 19:11 There are obvious reasons why South Africa’s second largest mobile phone operator would welcome ... through his ability to pull off tricky emerging market deals. MTN presents some thorny challenges, however. South ...

  • Indian IT firms eye emerging markets as U.S. slows 12 May 2008 00:02 GMT
    ... economies, such as the Middle East and Africa, where technology spending is growing twice as fast as ... said. "The deals we are seeing in emerging markets now are just the beginning," said Tejas ...

  • FACTBOX: Indian outsourcing and back-office services 12 May 2008 00:02 GMT
    ... General Electric (GE.N: ), are looking to emerging markets for future earnings growth. With recession looming ... winning contracts in Asia-Pacific, the Middle East, Africa, Latin America and Eastern Europe. For related story, click ...

  • How to Survive the Gas / Petrol Crisis 10 May 2008 16:48 GMT
    ... oil use is ramping up. This year, emerging markets combined (China, India, Russia and their other ... from OPEC, the North Sea and non-OPEC Africa. Do you think that, if we ask them nicely, those ...

  • Sheikha Lubna to deliver keynote address at International CES/hometech in Dubai 10 May 2008 11:52 GMT
    ... become the premier electronic business-to-business marketplace for emerging markets and where she now serves as a ... the wider Middle East, North and East Africa, the CIS and the Indian Subcontinent, to source the ...

  • Sheikha Lubna to deliver keynote address at International CES/hometech in... 10 May 2008 11:48 GMT
    ... become the premier electronic business-to-business marketplace for emerging markets and where she now serves as a ... the wider Middle East, North and East Africa, the CIS and the Indian Subcontinent, to source the ...

  • Crude tops $126 U.S. 10 May 2008 11:36 GMT
    ... [Speculative buying, supply concerns and the weak greenback ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate ... and Venezuela could cut OPEC exports. Meanwhile, Libya's Shokri Ghanem, head of the National Oil ...

  • Etisalat showcases latest services at ITU Telecom Africa 2008 10 May 2008 11:33 GMT
    ... exploring the challenges and opportunities in the African Market. Etisalats stand at the exhibition will ... the Cairo International Convention and Exhibition Centre, Egypt, from 12-15 May, features exhibitions and discussions aimed at ... is considered one of the most promising emerging markets in the region, one that requires massive ...

  • Vast scope for investment 10 May 2008 09:16 GMT
    ... May 08, 2008 (Asia Pulse Data Source via COMTEX) ... of Pakistans economy as one of the emerging markets of the world Naveed Qamar, Federal Minister ... invest in the agriculture sector in Pakistan, Egypt and Georgia for food and food-related products to be ...

  • Equity market rallies help push hedge fund gains in April 10 May 2008 04:58 GMT
    ... a boon to funds focusing on specific emerging market countries or regions, it says. The HFN Emerging Markets Average was up 3.23% in April, but ... better, it adds. The HFN Middle/East North Africa Average is the best performing EM benchmark ...

  • Household Electricity 'Too Pricey' 10 May 2008 04:44 GMT
    ... application for tariff increases was approved, South African households would have among the most expensive ... average of 10,68c a kWh. "But the emerging market country average is only 8,57c a kWh," Schussler ...

  • Warning of oil reaching $200 fuels bull run 10 May 2008 04:43 GMT
    ... run might end. Continuing supply problems in Nigeria provided fundamental support, but it was a warning ... per cent this week. Strong demand from emerging markets for diesel due to electricty supply problems ... cent to $2,047.5, amid concerns about South African production. ...

  • Toyota finds solace in emerging markets 10 May 2008 04:42 GMT
    ... percent from the year before. But while emerging markets offer the promise of new sales, analysts ... gains came in the Middle East, Oceania, Africa and Latin America - once minor markets that were ...

  • Oil price pumps back up 10 May 2008 03:57 GMT
    ... Oil jumped to a record above $US126 ($NZ164)a barrel ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • Oil bull run goes on 10 May 2008 03:13 GMT
    ... US crude rose $1.77 at $125.46 a barrel after ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • 12:31pm Oil bull run goes on 10 May 2008 01:54 GMT
    ... US crude rose $1.77 at $125.46 a barrel after ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • The day of the rest 10 May 2008 01:52 GMT
    ... That includes more than 30 countries in Africa. Over the last two decades, lands outside the industrialised ... the fund manager who coined the term emerging markets, has identified the 25 companies most likely ...

  • Makati backs Mittal, MTN deal nears 9 May 2008 23:10 GMT
    ... SingTel could buy shares of African operator to part-finance acquisition l Mittal rushes ... become a really unique player in the emerging market of the mobile industry, he told Dow Jones ...

  • Oil hits record $126 on supply worry, fund buying 9 May 2008 22:47 GMT
    ... NEW YORKOil jumped to a record above $126 a ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • Oil: Price passes US$126 a barrel 9 May 2008 22:34 GMT
    ... NEW YORK - Oil jumped to a record of ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • Oil hits record 9 May 2008 22:33 GMT
    ... NEW YORK (Reuters) - Oil jumped to a record ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • Oil hits record above US$126 9 May 2008 22:33 GMT
    ... NEW YORK -- Oil jumped to a record above ... oil supplies in the North Sea and Nigeria, as well as galloping demand for distillate fuels, a ... supplement strained power grids in fast growing emerging markets, have cut into stocks of distillate fuel ...

  • Tennant Co. Q1 2008 Earnings Call Transcript 9 May 2008 21:25 GMT
    ... which encompasses Europe, the Middle East and Africa, we achieved limited organic growth compared to ... Alfa in Brazil, which is an attractive emerging market for our products. This acquisition again fits with ...


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