News

[Côte d’Ivoire] Economic outlook, why its time to produce Cocoa inclusively and responsibly, World Bank

07-12-2019 | 09:04:00
The World Bank ninth economic update for Côte d’Ivoire confirms the positive trends noted in the past year but qualifies this assessment because of several risk factors, in particular the uncertainty linked to the 2020 presidential elections.

Head in the clouds: Humans cause nine out of ten data breaches in the cloud

07-10-2019 | 11:13:14
Incidents in public cloud infrastructure are more likely to happen because of a customer’s employees rather than actions carried out by cloud providers, according to a new Kaspersky report.

Protracted conflicts and adverse weather conditions exacerbate food needs in Africa, world, FAO report

07-09-2019 | 09:40:00
Ongoing conflicts and dry weather conditions remain the primary causes of high levels of severe food insecurity, hampering food availability and access for millions of people.

GCR reviews seven Zimbabwean financial institutions under the new criteria

07-09-2019 | 07:11:00
GCR Ratings (GCR) has reviewed the ratings on seven Zimbabwean financial institutions under the recently released Criteria for Rating Financial Institutions, May 2019.

[South Africa] Majority of JSE listed and organs of state entities fail to submit their annual compliance reports, B-BBEE Commission

07-08-2019 | 09:35:00
The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act.

Wave of Mergers & Acquisitions strengthens banks’ credit profiles across sub-Saharan Africa, Moody's

07-04-2019 | 07:53:00
The wave of mergers and acquisitions among banks in sub-Saharan Africa is credit positive for bank creditors and is set to continue, Moody's Investors Service said in a report published today.

1.5m new mobile subscriptions listed in Kenya in the three months to March

07-03-2019 | 04:41:00
Mobile operators listed 1.5 million new active subscriptions in the three months ending March 2019, a report by the Communications Authority of Kenya (CA) released today shows.

Kenyan economy projected to grow by 5.8% on average in 2019, research

07-02-2019 | 11:12:00
The Kenyan economy is projected to grow by 5.8% on average in 2019, according to GDP projections from 16 research houses, global agencies, and government organizations that were tracked during the half-year period.

[Nigeria] June 2019 FGN bond oversubscribed, DMO

06-27-2019 | 07:33:00
The high level of demand shown by Investors at FGN Bond Auctions in recent months continued at the FGN Bond Auction for June 2019 which was conducted by the Debt Management Office (DMO) on Wednesday, June 26, 2019.

N'Djamena, Kinshasa, Libreville and Lagos are Africa’s most expensive cities, Mercer Survey

06-26-2019 | 11:25:00
According to Mercer's 25th annual Cost of Living Survey N'Djamena, Chad takes the lead as the highest-ranking city in Africa.

[Morocco] World Bank launches $500m program to support early education

06-24-2019 | 09:03:00
The World Bank announced a new US$500 million program in support of Morocco’s goals of expanding access to quality preprimary education.

Ghana can reach universal financial access using innovative technology, World Bank report

06-20-2019 | 10:10:00
With the use of innovative technology and approaches, universal financial access is an attainable target in Ghana, according to the latest World Bank economic update for the country.

African space industry generating over USD 7b annually, to exceed USD 10b by 2024, report

06-20-2019 | 09:08:00
The 2019 African Space Industry Annual Report explains that the industry has already reached over USD 7 billion of annual revenues and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024.

African hotel markets experience sound transactional activity, HTI Consulting

06-20-2019 | 08:05:00
Though Africa remains a market where hotel real estate investment is typically dominated by development, increasing transactional activity is providing much needed liquidity.

[Kenya] Equity Bank, KCB record highest return on equity, Cytonn report

06-20-2019 | 06:11:00
Cytonn Investments has released its 2019 first quarter Banking Sector Review, which highlighted the performance of the listed banks in Kenya.
 
Features

[Nigeria Business Week] Industries partner to reach common goals

01-10-2019 | 10:57:00
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.

[SA Business Week] Key sectors appointments and a busy air route

10-05-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.

[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind

05-24-2018 | 13:15:00
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.

[Startup Interview] Renaldo Bothma, Managing Director, HomeFixer, South Africa

05-21-2018 | 11:34:00
Renaldo Bothma is a professional rugby player and founder of a new app, Homefixer, an app to help fix any household related issue at the push of a button.

[Column] Gilbert Saggia: Data - the fertilizer that will feed Africa's agricultural transformation

03-27-2018 | 13:27:00
Everywhere we look, technology is being touted as the enabler of a new era of African agricultural prosperity. The exciting world of possibilities offered by blockchain, IoT and machine learning has made companies, governments and policy-makers sit up.

[Column] Benjamin Coetzer: Combating cloud’s biggest security risk - the user

03-20-2018 | 10:54:00
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.

Nigerians seek next level shopping experience - Nielsen findings

10-16-2017 | 07:45:00
Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers, modern trade formats like Supermarkets and Hypermarkets are stepping up to fulfil the needs of consumers.

[Column] Frances Okosi: The rise of renewable energy across Africa

06-01-2017 | 10:12:00
The extent of the power deficit across Africa is well documented and increasing electricity generation across the continent is the focus of a number of initiatives at both national and supra-national level.

Africa presents a mixed foreign direct investment picture - EY Africa Attractiveness report

05-03-2017 | 07:33:00
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.

[Column] Brett Parker: Between East & West, Africa's economic transformation will create a third centre of global power

04-19-2017 | 10:06:00
What a difference a century makes. If we stepped back in time to a hundred years ago we'd find a primitive China; a Middle East that had yet to discover the riches of oil and most of Southeast Asia consisted of countries that were barely distinguishable from medieval societies.

Casablanca and Nairobi rank leading destinations for Fortune 500 companies establishing international headquarters

04-18-2017 | 09:44:00
The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.

Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes

04-14-2017 | 07:34:00
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.

Economic growth in East Africa remains strong despite drought - Report

04-14-2017 | 07:17:00
East Africa's economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report.

[Column] Jaco Lotz: Growth in middle class drives private education boom in Africa

04-04-2017 | 12:38:00
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.

The Global Gig Economy and its Implications for African Digital Workers - Professor Mark Graham

03-27-2017 | 09:18:24
Oxford professor Mark Graham, addressing the 4th UNI Africa Conference in Dakar, Senegal, warned of the danger of ‘parasitic capitalism’ where digital companies give little back to the places where they are embedded and platform workers are left to fend for themselves.