Viga Interactive has expanded its footprint across the continent through partnerships with international companies and brands aimed at providing research and insights.
There has been a sharp increase in the value of total mergers and acquisitions deals in Africa in the first half of 2019.
The first half of 2019 has been challenging for the JSE although the exchange has delivered resilient performance.
Addis Ababa, Ethiopia, posted Africa’s highest average daily rate (ADR), according to the most recent 12-month data from STR.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June.
For Tanzania to generate future income and achieve sustainable development, it is essential for the country to invest in its citizens, both children and adults, according to the new World Bank economic analysis for the country.
A new report from the Environmental Investigation Agency (EIA) shows that Ghana faces a harrowing rosewood problem of its own.
Macroeconomic management weakens, social inclusion policies improve slightly in Africa’s poorest countries, World Bank
Africa’s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018, according to the released World Bank’s annual Country Policy and Institutional Assessment.
The Department of Science and Innovation will place an increasing emphasis on the notion of public sector innovation for societal benefit, said its Director-General, Dr Phil Mjwara.
By 2022, B2C E-Commerce sales in the Middle East and North Africa (MENA) are projected to increase two-fold compared to 2019, according to forecasts by Research and Markets company.
The African cloud has arrived. While the cloud services sector is in its early stages of development, the impact of cloud services is already far-reaching according to a new report by Research and Markets.
Demand for financing and global knowledge remains strong in Middle East and North Africa, World Bank
The World Bank responded to strong demand from the Middle East and North Africa Region (MENA) during the financial year that ended on June 30th, 2019, with US$5.47 billion in new commitments to invest.
Increased digitization, investment in cloud-based services drive growth of Africa data center market, report
The Africa data center market is likely to grow at a CAGR of around 14 per cent during the period 2018 – 2024 according to a recent report by Research and Markets.
On the surface, 4G service rollout in African markets appears to be going well. Around 115 LTE networks are commercial, or expected to launch in the continent before the end of 2018.
Tanzania needs to undertake important and urgent investments to accelerate progress in the health and education of its citizens, especially the youth, if the country is to improve its human capital for sustainable development.
Growth is expected to be seen in the engineering insurance as Kenya embarks on completing its construction and infrastructure projects under the Agenda 4, says Kenindia.
The recent report by IMARC Group estimates that the global gaming market growth reached a value of $ 108.2 Billion in 2018.
An estimated 820 million people did not have enough to eat in 2018, up from 811 million in the previous year, which is the third year of increase in a row.
Seabed Geosolutions has been awarded a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company.
[Côte d’Ivoire] Economic outlook, why its time to produce Cocoa inclusively and responsibly, World Bank
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.
The global sourcing market maintained its growth trajectory in the second quarter, boosted by growing demand for cloud-based as-a-service solutions, according to a report by ISG.
More than half of all citizens surveyed in 35 African countries think corruption is getting worse in their country, a new survey reveals.
The Africa e-learning market reached a value of more than US$ 792 Million in 2018, exhibiting a CAGR of around 14% during 2011-2018 according to the latest report by Research and Markets.
Protracted conflicts and adverse weather conditions exacerbate food needs in Africa, world, FAO report
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 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
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.
The development of the fixed-line broadband market in Africa has long been stymied by the lack of fixed-line infrastructure in rural and semi-rural regions.
Nigeria's retail E-Commerce market harbours a high growth potential, as only a small fraction of overall retail spending currently is online according to a new report by ResearchAndMarkets.com.
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.
Untapped market for digital services to transform African agriculture worth up to €2.3 billion, CTA report
More than 90 per cent of the market for digital services that support African smallholders remains untapped and could be worth more than 2.26bn, according to a new report.
Safaricom leads as the Most Admired Brand Made in Kenya and the Most Admired Made in Kenya Brand Listed on the Nairobi Securities Exchage.
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.
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.
Though Africa remains a market where hotel real estate investment is typically dominated by development, increasing transactional activity is providing much needed liquidity.
Cytonn Investments has released its 2019 first quarter Banking Sector Review, which highlighted the performance of the listed banks in Kenya.
Through its interaction with the Country Risk Assessment, the Global Credit Ratings (GCR) has published country risk scores for 28 countries from across the globe.
The adoption of cryptocurrencies in developing countries has been well documented and the anomaly is often flagged that people who have less appear to take greater financial risks.
More than 60 percent of global consumers shop online at least once a month with the majority of those sessions stemming from a mobile device.
Africa is the second largest continent on the planet, the most populated area on the globe, and home to one of the fastest-growing consumer bases in the world.
Africa's smartphone market saw a 7.1% decline in shipments quarter on quarter (QoQ) in Q1 2019 to total 21.5 million units, according to the latest insights from International Data Corporation (IDC).
Africa escaped the global decline in foreign direct investment (FDI) as flows to the continent rose to US$46 billion in 2018, an increase of 11 per cent on the previous year.
An innovative cataract project funded through a development impact bond has celebrated a monumental first year, screening more than 50,000 patients and completing more than 2,300 cataract surgeries in Cameroon.
Sanlam reported a satisfactory operational performance in the four months to 30 April 2019, despite persisting headwinds in South Africa.
In 2018, Sanlam paid out R3,9b in claims, with R3,2b being for life cover, R329m for income cover and R323,5m for trauma and injury.
Equity Bank has been featured in a recent report by International Finance Corporation (IFC) and Bridgespan titled “Private Sector and Refugees: Pathways to Scale.”
Nestlé has kicked off a Research and Development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation ecosystem.
Artificial intelligence (AI) spending in the Middle East and Africa (MEA) is poised to reach $290 million this year, rising to $530 million in 2022, according to the latest forecast from International Data Corporation (IDC).
The rate of growth in house prices went down by 2.78 percent during the first Quarter of 2019, in what also marked the third decline since the Kenya Bankers Association House Price Index (KBA-HPI) base period.
Nike, MTN, Dangote, Ecobank and BBC have been recognized as the most admired brands in Africa by the Brand Africa Top 100 brands in Africa survey.
KCB Group net profit grew 11% to KShs. 5.8 billion in the first quarter of 2019 from KShs. 5.2 billion reported the same period last year.
The International Business Magazine has conferred upon the Bank of Mauritius its Award for ‘Best Central Bank for Corporate Governance Indian Ocean 2019’.
South Africa faces weak long-term growth outlook and rising debt, credit profile resilient to shocks, Moody's report
South Africa's new government faces significant challenges in raising growth, stabilizing debt, and strengthening State-Owned Enterprises and institutions, Moody's Investors Service said in a report.
Emerging markets in 2019 are facing slower global growth, shifts in trade policies and geopolitical risks, according to a new Moody's report.
IT spend in South Africa is forecast to increase at a higher pace than the economy in 2019 according to the IT Industry in South Africa 2019 report.
Demand for digital skills in Sub-Saharan Africa is expected to grow at a faster rate than in other markets, according to a new report released by the International Finance Corporation (IFC).
Accelerated natural resource degradation puts Tanzania’s development goals at risk, World Bank report
Natural resources form a core pillar of Tanzania’s economy and play a pivotal role in sustaining the livelihoods of its citizens.
Sub-Saharan Africa construction activity is forecast to grow across the region, despite a number of significant risk factors that threaten to limit economic growth in the region accordin to Mace’s latest Market report.
Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources.
JLL has released its 2019 SA Hotel Investment Outlook report forecasting that R1.9 billion will be invested into new hotels, and around R6.9 billion in total over the next three years.
The Africa FinTech sector is set to show strong growth over the medium term, from roughly $200m in 2018 to $3bn by 2020 according to, the Institute of Chartered in England and Wales, ICAEW's latest report.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in the headline PMI.
Cell C has been placed top among South Africa's telecommunications sector for fastest customer response and most positive sentiment among consumers using social media in BrandsEye’s latest report on the industry.
South Africa is expected to experience increased internal migration with the rising economic opportunities in the urban areas.
Lower-paid workers in Mauritius are to some extent catching up to their higher-paid counterparts over time, according to Mauritius: Earnings Mobility and Inequality of Opportunity in the Labor Market, a new World Bank report.
Value of Kenya’s and Uganda’s ICT sector projected to be US$1.7billion and US$1.33billion, respectively, report
Mercy Corps and Moringa School, have launched an IT Skills Gap Report at the ongoing 4th edition of Nairobi Tech Week (NTW2019)
Since 2016, the AfDB has supported up to 1.7 million US dollars, the project of support to the employ-ability and insertion of young people in the growth sectors of Togo, which has created 35,000 jobs in SMEs in agriculture.
The South African Population Research Infrastructure Network (SAPRIN), together with the South African Medical Research Council (SAMRC), recently released its first population dataset.
Despite ongoing uncertainty over Brexit, the sourcing market in Europe, Middle East and Africa (EMEA) set a record with €3.9 billion of combined market value in the first quarter of 2019.
South Africa’s credit profile balances strong institutions and developed financial sector against weak growth, Moody's report
South Africa's (Baa3 stable) credit profile is supported by the strength of its core institutions, deep and well-developed financial sector and markets, and its limited exposure to foreign exchange volatility.
Nigeria-based Value Seeds tops the rankings in new research on seed companies operating in Western and Central Africa.
Mastercard has been recognised as South Africa’s top employer brand in the financial services sector at the recent South Africa Best Employer Brand Awards 2019.
West Africa’s mobile ecosystem generated more than $50 billion in economic value last year – equivalent to 8.7 per cent of the region’s GDP, according to a new GSMA study.
Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply.
Office yields remained largely stable in most African markets over the past two years, anchored by patient domestic capital as local investors assume a longer-term perspective, a new analysis by Knight Frank shows.
Kenya’s real gross domestic product is projected to grow by 5.7% in 2019, a slight decrease from the estimated 5.8% growth experienced in 2018, according to the new World Bank Kenya Economic Update.
[Kenya] Commercial office sector rental yields in Nairobi Metropolitan area grows to 8 per cent, Cytonn report
Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Nairobi Metropolitan Area Commercial Office Report – 2019.
African manufactures, retailers bet on product innovation, distribution to win customers, Nielsen report
The latest Nielsen Africa Prospects Indicator (APi) Report reveals interesting shifts in African manufacturer and retailer business priorities.
Growth in Sub-Saharan Africa remains below three percent three years after crisis, World Bank report
Growth in Sub-Saharan Africa has been downgraded to 2.3 percent for 2018, down from 2.5 percent in 2017, according to the April 2019 issue of Africa’s Pulse.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
A new study has revealed that improved housing had doubled on the African continent between 2000 and 2015.
16 companies have been recognized earlier as the Best Places To Work in Morocco for 2019 according to the annual workplace survey driven by the global research firm Best Companies Group USA.
A new study conducted by Frost & Sullivan shows that the desalination market in Africa has recovered from the global economic downturn in 2015-2017.
The Monetary Policy Committee retained the Central Bank Rate at 9.00 percent as at March 27, 2019.
According to the Deloitte Global RPA Survey, the benefits of robot process automation (RPA) are significant with payback at less than 12 months alongside improved compliance (92%), improved quality and accuracy (90%), and cost reduction (59%).
Online marketplaces such as Jumia, Souq, Uber, and Travelstart could create around 3 million new jobs by 2025 across Africa.
African countries need to grow their economies faster if they are to achieve the Sustainable Development Goals by the target date of 2030, the Economic Commission for Africa (ECA) says in its annual report.
Tanzania’s mobile industry is contributing significantly to the realization of the country’s economic and development goals, according to a new GSMA report dubbed Digital Transformation in Tanzania.
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.
Trade tensions and populist undercurrents continue to dominate the global economic climate.
According to the market research report published by P&S Intelligence, Middle East and Africa marketing automation software market is expected to reach $1.9 billion by 2024.
Africa and Middle East PC devices market outperforms expectations but outlook for 2019 remains bleak, report
The Middle East and Africa (MEA) personal computing devices market, which is made up of desktops, notebooks, workstations, and tablets, declined 5.0% year on year in Q4 2018.
South Africa stands a big opportunity to expand small businesses and create jobs, IFC, World Bank study
South Africa’s financial institutions and policymakers have a big opportunity to create jobs by expanding financial services in a stronger business environment for smaller businesses, according to a new study by IFC and the World Bank.
[South Africa] Sanlam remains resilient amid challenging operating environment, Sanlam annual results
Sanlam’s 2018 annual results provides testimony to its resilience amid challenging operating conditions and negative investment markets as it announced its operational results for the 12 months ended 31 December 2018.
Formalizing South Africa’s SMEs offers opportunities for jobs, economic contribution, IFC study shows
South Africa’s financial institutions and policymakers have a big opportunity to create jobs by expanding financial services in a stronger business environment for smaller businesses.
Performance across Casablanca's real estate market remained relatively stable throughout 2018 with the announcement of new projects also enhancing investor sentiment across all sectors.
The Southern African Development Community (SADC) region is seeing a significant increase in the number and quality of its renewable energy and energy efficiency policies, according to a new status report.
Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity.
80 million young people will benefit from the rise of digital commerce in Africa by 2030 new research says.
Aliko Dangote’s $17 billion net worth makes the Nigerian the richest person in Africa and the only member of the Bloomberg Billionaires Index from one of the 60 poorest countries.
Growth in hardcopy peripherals shipments across META highlights continued potential for print, IDC study
The overall META hardcopy peripherals market posted robust year-on-year growth in both units and value in 2018, according to the latest insights from IDC.