Cytonn Investments has released their annual Cytonn Corporate Governance Report – 2018, “Cytonn CGR”, which demonstrated that firms with higher levels of corporate governance outperformed those with lower levels of corporate governance.
The African Agenda 2063 is a well spelt out strategic framework for the socioeconomic transformation of the continent over the next 50 years. China’s President XI Jinping has characterized china’s development agenda in Africa as a win-win deal for its aspirations to become the global trade leader.
Unveiled a decade ago in June 2008, the Kenya Vision 2030, the country’s development blueprint, has steered Eastern Africa’s largest economy to unprecedented heights. But the future of the blueprint is caught in a geo-political mire on three fronts.
Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index, produced by the Official Monetary and Financial Institutions Forum, and South Africa remains in top position.
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
South African SMEs are estimated to represent 90% of formal businesses, provide employment to about 60% of the labour force and contribute approximately 34% of the country’s GDP.
A new investigation from Global Witness has revealed how progressive community forestry in Liberia is being undermined by the logging industry - using a number of shady tricks.
Cape Town has topped global water intelligence’s annual listing of the largest water tariff increases in 2018 with a 390% increase in the benchmark price of water and wastewater services.
The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent of national transmission networks – is valued at up to $20bn, according to a report.
Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to a new World Bank report.
September data signaled a slower improvement in business conditions in Kenya’s private sector, with the latest expansion being the weakest in the current ten-month phase of growth.
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.
Guinea’s fast-growing bauxite mining industry is threatening the livelihoods of thousands of Guineans, Human Rights Watch said in a report released today.
African-based specialist hospitality, real estate and leisure consulting company, HTI Consulting, summarised the top five performers across 13 African cities for the first half of 2018 as indicated by STR Global.
With 31 914 flights in 2017, the route between Cape Town and Johannesburg was the 9th busiest between two airports in the world last year.
The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year.
With South Africa having the most advanced and refined food and beverage market on the African continent, Frost & Sullivan believes in a 4 to 7 per cent estimated growth in the sector by 2020.
GDP growth was reviewed on the 20th of September, below expected, for Angola, by the consulting company Fitch Solutions.
Cytonn Investments has released its 2018 first half Banking Sector Report, which ranks KCB Group as the most attractive bank in Kenya, a position it has retained since 2016, supported by a strong franchise value and intrinsic value score.
The United Nations Economic Commission for Africa,ECA, Office for North Africa has called on countries to facilitate researchers’ access to their microeconomic data for a better understanding of the causes of distortions within their economies.
The South African Customer Satisfaction Index 2018 (SA-csi) for Municipalities survey reports that while Cape Town residents were the most satisfied with local government service delivery, overall satisfaction levels have declined in all municipalities across South Africa.
According to the July issue of Africa Tourism Monitor 2018, recently published by the African Development Bank, the continent earned $36.2 billion in revenue from 62.9 million international visitors in 2016.
Week after week, headlines about the latest cybersecurity attack dominate the news.
Debbie Goodman-Bhyat, CEO of Jack Hammer, the largest independent executive search firm in Africa, says in the past year there has been a 75% increase in briefs from US-based businesses seeking assistance with leadership appointments in Africa.
Ethiopia currently heads the league for hotel development in East Africa, according to a regional focus from the influential annual hotel pipeline survey by Lagos-based W Hospitality Group.
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according The Institute of Chartered Accountants in England and Wales, ICAEW.
Egypt has seen a two percent drop in its software piracy rate to reach (59%), the U.S.-based Business Software Alliance said in its recent study, released last June.
Egypt has seen a two percent drop in its software piracy rate to reach 59 per cent, the U.S.-based Business Software Alliance said in its recent study, released last June.
Kaspersky Lab has revealed the online activities of children across Nigeria, based on statistics from the company’s Parental Control modules.
A total of 7 million tourists visited Morocco in the first seven months of 2018, up 7 percent year on year, according to statistics released by the Moroccan Tourism Ministry
The Insurance Sector in Nigeria enjoyed a steady growth with Premiums increased of 300 per cent from N75 billion to over N300 billion between 2005 and 2015
Somalia’s economy is projected to grow at an annual rate of 3–4 percent, according to the third Somalia Economic Update (SEU) published by the World Bank.
A new study led by University of Maryland (UMD) scientists conducted novel climate and vegetation model experiments to show that wind and solar farms could lead to a doubling of rainfall in the Sahara.
The Africa and Middle East personal computing devices market, which is made up of desktops, notebooks, workstations, and tablets, declined 7.7% year on year in Q2 2018, according to the latest insights from International Data Corporation (IDC).
Opera and Worldreader, the global nonprofit that believes everyone can be a reader, announced on the International Literacy Day that African mobile users have spent more than 4 millions hours of reading books on their mobile phones in 2018.
Based on H1 2018 figures from STR, provider of data and analytics for the global hotel industry, Marrakech has emerged as a standout performer among key African cities.
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
A Study carried out on more than 1000 entrepreneurs in South Africa revealed that entrepreneurship in South Africa is not thriving, despite the fact that South Africa is one of Africa's strongest economies.
In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Center for Global Development.
Operating conditions across Kenya’s private sector improved at a marked pace during August, reflecting sharper rises in output and new orders.
Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support for agriculture.
Cytonn Real Estate, the development affiliate of Cytonn Investments,has released its Kenya Retail Sector Report - 2018.
Despite the additional pressures of unrelenting regulatory and insurance accounting changes, and the huge costs associated with the changes, there are some positive developments and opportunities for growth.
Nigeria's Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled in Lagos.
Seed Academy reveals the State of Entrepreneurship in South Africa after surveying more than 1000 entrepreneurs across the county.
Basic toiletries, grooming products, medical screenings and haircuts are some of the items that see women spending hundreds to thousands of rands more than their male counterparts.
Nigeria’s Gross Domestic Product (GDP) slowed in the second quarter of 2018, according to the National Bureau of Statistics.
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation’s bourse may continue to ‘hit a brick wall’.
In a bid to identify tax evaders, the South African Revenue Service (SARS) is actively working towards identifying and tracking various transactions carried out by cryptocurrency traders.
EXX Africa has published a special report on the investment risk outlook on Angola.
Plaas, a farmers blockchain platform is set to revolutionize Farmers Management System (FMS) in Africa.
The mobile industry is changing at an exponential rate as new influences shape the way consumer expectations rise.
The UN Secretary General’s Special Envoy on Road Safety – Mr. Jean Todt has unveiled the Cameroon Road Safety Performance Review Report jointly commissioned with the UN Economic Commission for Africa.
While the apartment hotel space is relatively new territory in Africa, with only a handful of significant players, great possibilities exist on the continent.
More than 80 percent of the paint brands included in a study analyzing lead in solvent-based paints for home use in The Gambia sold one or more paint which contained dangerously high total lead content.
In June 2018, the World Health Organization has released a global manual which aim is to help physicians and mental health professionals to diagnose physical and mental health conditions
Zambia expects to raise $22 million annually in new tax on internet phone calls. The cabinet approved on Monday, a 30 ngwee (0.3 kwacha; $0.03) daily tariff charged on online phone calls.
Maize flour prices in Kenya have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western region, easing inflationary pressure.
According to Google Trends last year, South Africa registered the largest ‘Black Friday’ search interest of any country, even ahead of the US where the retail mega-event was conceived.
South African retail sales for June 2018 grew by 2.9 percent year-on-year excluding the effects of inflation, marking the weakest pace of growth since October 2017.
Kenya is losing at least Sh120 billion in revenue to unregistered agro-chemicals dealers and counterfeit pesticides, according to Agrochemicals Association of Kenya (AAK) chairperson Patrick Amayunzu.
Africa, with its wealth of natural resources and fast-growing population, may have a significant impact on international energy markets over the next 25 years.
The upcoming third edition of the Nigeria Mining Week in Abuja from 15-17 October 2018 will provide access to all the practical knowledge, valuable connections, decision makers for would-be and established mining companies.
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
A Nigerian has harnessed the power of apps to bring Nigerians a social media app with a twist.The app is Worldjunction for iPhone and the developer company is Worldjunction LLC from Nigeria.
The 2018 Gartner, Inc. Hype Cycle for information and communication technology (ICT) in Africa featured five technologies that will have a high business impact within two years.
South Africa’s official unemployment rate increased by 0,5 of a percentage point to 27,2% compared to the first quarter of 2018.
Overall, the economy has been performing well, with growth estimated at 4.2 % in 2017 and projected at 5.0 % in 2018, according to the latest edition of the World Bank’s Madagascar Economic Update, released today.
Out of the $560 million technology startup investments that entered Africa in 2017, Nigeria earned $114.6 million.
The GSMA has announced the findings of its latest report, ‘Reforming mobile sector taxation in the Democratic Republic of the Congo (DRC): Enabling economic growth through a supportive tax system’.
Despite more than 80 per cent of the beef consumed in Kenya being produced by pastoralists according to a 2011 study, they still struggle with poor market prices and scarcity of fodder.
Latest survey data from Stanbic Bank Purchasing Managers’ Index™ signals a robust, albeit softer, improvement in business conditions across Kenya’s private sector in June.
More than half the population of Sub-Saharan Africa will be subscribed to a mobile service by 2025, according to the latest edition of the GSMA’s Mobile Economy report series.
The African Export-Import Bank yesterday in Abuja launched “Mansa” – a pan-African customer due diligence platform that will facilitate African trade by providing the single trusted source of primary data required to conduct due diligence checks on counterparties in Africa.
Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Nairobi Metropolitan Area Residential Report – 2017/2018.
Africa’s hotel sector has the potential for further growth over the next five years. An increase in the number of travelers, and an expansion in a number of hotel chains reinforces the hotel sector’s untapped potential for business growth.
Nigeria holds its pole position for hotel development in West Africa despite a slight reduction on last year, according to a regional focus by the influential annual hotel pipeline survey from Lagos-based W Hospitality Group.
According to Goldstein Research, Africa healthcare sector outlook is expected to grow at a CAGR of 6% over the forecast period from $35 billion in 2016.
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, according to a report recently released.
SWIFT’s report, “Africa Payments: Insights into African Transaction Flows”, reveals that intra-Africa payments clearing and trade is increasing in importance.
Initial conflicting figures notwithstanding, the harmonised data of the aviation industry has shown a positive outlook for air travel business, with marginal growth across the board in 2017.
Though African countries have developed robust institutional frameworks for the regulation of electricity sectors, much work remains in strengthening regulatory independence, says the Electricity Regulatory Index for Africa.
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.
Several African countries have reported a rise in their GDP despite fears over increased debt according to ICAEW’s, the Institute of Chartered Accountants in England and Wales, latest report.
IFC, a member of the World Bank Group, and the State Secretariat of Economic Affairs of Switzerland (SECO), have released a study that demonstrates that better performing companies in Ghana tend to have more gender-balanced boards.
Cytonn Investments has released its 2018 quarter one Banking Sector Report, which ranks KCB Group as the most attractive bank in Kenya, a position it has retained since 2015, supported by a strong franchise value and intrinsic value score.
Kenya Association of Manufacturers and Kenya National Commission on Human Rights have launched the Malindi Public Inquiry Audit Report to establish compliance with the Human Rights Principles and Standards by salt manufacturers.
The region's smartphone market showed some stability in the first quarter of 2018 in unit terms, while its value grew to exceed its previous first quarter peak result in the first quarter of 2015.
Total South African retail sales for April 2018 grew by 3.7 percent year-on-year after removing the effects of inflation, showing the highest growth rate seen in April in the past six years.
Ethiopia’s GDP growth will decelerate to 9.6% in fiscal year 2018, July 2017 to June 2018, down from 10.9% in fiscal year 2017, according to a new World Bank Group report.
Sub-Sharan Africa is experiencing a modest growth uptick, and about two-thirds of countries in the region reportedly saw accelerated growth over the past year.
African migration could boost growth and positively transform the structure of the continent’s economy, UNCTAD’s 2018 Economic Development in Africa Report reveals.
Consumer wallet continues to measure what Kenyan consumers are buying and how much they are spending.
Oil & Gas are back and that means that also market research in oil & gas are back
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
The Africa tech week has been abuzz with news of cross border public and private sector partnerships, companies aligning themselves with the burgeoning demands of the continent’s ICT sector and the growing IT spend.
The International Data Corporation predicts the overall African IT spending will reach $33.4 billion in 2018, with Kenya being one of the top contributors
According to the Investor Day Presentation by MTN Nigeria, 28% of MTN Group’s capital expenditure for last year was allocated to the Nigeria arm.
Emerging technologies to create $1 billion in new revenue streams in the South African ICT market, Frost & Sullivan report
Frost & Sullivan's latest analysis, South African ICT Outlook 2018, finds emerging technologies such as augmented reality, virtual reality, Fintech, and the adoption of Internet of Things are disrupting the ICT industry in South Africa.
Mastercard, IFC partnership reaches 7.2 million new digital financial service users in Sub Saharan Africa
IFC, a member of the World Bank Group, together with the Mastercard Foundation have released a new report documenting the transformation underway in financial inclusion in Sub-Saharan Africa.
German Businesses in Civil Security Technologies and Services to explore opportunities in Uganda and Rwanda
AHK Services Eastern Africa Ltd, the service company of the Delegation of German Industry and Commerce in Kenya (AHK Kenya), in conjunction with the German- African Business Association (Afrika-Verein) is organizing a business delegation trip to Uganda and Rwanda.