VENTURES AFRICA – Cipla Medpro South Africa, a generic drugmaker drug firm being taken over by India’s Cipla Medpro, said on Thursday it had elevated its two deputy chief executives to serve as joint CEOs on a temporary basis. The company statement says, Skhumbuzo Ngozwana and Mark James van Lill Sardi will take over as [...]

VENTURES AFRICA – Africa’s venture capital community (VC4Africa) has announced the Top 14 entrepreneurs that have been selected for its June 2013 Investment Cohort. The 14 listed candidates for potential investment consisted of 7 Kenyans, 2 Nigerians and Tanzanians, a South-African, an Ethiopian and a Ghanaian. The selected entrepreneurs will receive, among other things, targeted [...]

VENTURES AFRICA – The Congress of South African Trade Unions (Cosatu) has planned a series of marches in South Africa’s North West province in an attempt to prompt mines in the area to treat all workers justly. These marches – which will be mainly held in Marikana – will run for two weeks and could [...]

VENTURES AFRICA – Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), have signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa. According to an official statement, the MOU was signed on June 5 after the [...]