Google Invests in Uganda for Growth

Like the growing number of other multinational corporations Google is bullish on the future of Africa -- especially the sub-Saharan region. Recently Google announced plans to invest as much as $14 million in a fibre Metronet that will cover most of Uganda's largest city and capital, Kampala, home to an estimated 2.5 million people.
"The aim is to connect every building or base station ISPs operators want to get to, " says Kai Wulff, Google's Access Field Director.
Click through here to get the full story from AllAfrica.com.

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Marriott CEO: "Africa has significant untapped potential"

Bloomberg reported this week that Marriott International has agreed to buy the three brands and management business of Cape Town-based Protea Hospitality Management,which operates or franchises 116 hotels in South Africa and six other sub-Saharan countries. The deal will increase Marriott's room total on the continent to 23,000.
Follow this link to get the full story from Bloomberg.

Nile Capital Management

We Know Africa: From Cairo to Cape Town

For more information please call 646-367-2820