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30-10-2014 22:52:00 | by: Administrator | hits: 10602252 | Tags:

SS Africa to have 34 million unique mobile subscribers by 2025, study
17-07-2018 | 08:57:05
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.
Argus launches South Africa fuel price indexes
16-07-2018 | 08:51:00
Global energy and commodity price-reporting agency Argus has launched daily price indexes for a range of fuels in South Africa, improving market transparency.
Afreximbank launches Mansa, Africa’s due diligence data platform
13-07-2018 | 10:51:00
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.
[Kenya] Residential real estate returns dip on interest rate caps
10-07-2018 | 10:48:46
Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its Nairobi Metropolitan Area Residential Report – 2017/2018.
[South Africa] Teraco to invest R1bn in ICT infrastructure
09-07-2018 | 07:38:00
In its largest infrastructure build project to date, African neutral data centre provider has announced that it will be expanding the Teraco Isando Campus (JB1).
Expansion of hotel chains drives sector growth, PWC report
05-07-2018 | 08:36:00
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.
FAPA approves four projects worth $3.9m for African SMEs
03-07-2018 | 07:52:00
FAPA donors have approved four projects worth US $3.9 million, bringing the total number of FAPA approved projects to seven and the cumulative grant amount to US $6.4 million since the beginning of this year.
MainOne’s MDXI becomes most certified Data Center in Nigeria
02-07-2018 | 07:56:45
MainOne’s Data Centre subsidiary, MDXI has just received its Tier III Constructed Facility certification (TCCF) from the Uptime Institute.
Nigeria still leads West Africa hotel expansion - survey
28-06-2018 | 07:41:00
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.
Africa healthcare sector valued at $35b in 2016, Goldstein Research
28-06-2018 | 06:36:00
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.
Intra-Africa payments clearing and trade on the rise, SWIFT report
26-06-2018 | 06:55:01
SWIFT’s report, “Africa Payments: Insights into African Transaction Flows”, reveals that intra-Africa payments clearing and trade is increasing in importance.
[Nigeria] Aviation records growth with 14.1 million passenger traffic
25-06-2018 | 13:00:00
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.
Urbanization dampens growth opportunities in West Africa, World Bank
22-06-2018 | 11:12:42
While the cities of West Africa grapple with large migratory flows, consisting chiefly of young people, they must tackle the many challenges associated with this rapid urbanization.
Nigeria’s agriculture export rises 24% in 3 months
21-06-2018 | 11:16:00
Nigeria has seen its 2018 first quarter agricultural export risen by 24 percent as the country explore opportunities to earn substantial dollars through the non-oil export.
AfDB launches first electricity regulatory index for Africa
21-06-2018 | 06:13:00
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.
East Africa to outpace continental peers in economic growth, report
20-06-2018 | 06:33:47
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.
High performing Ghana firms have gender balanced boards, IFC report
19-06-2018 | 13:32:04
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.
Rwanda’s economy registered 10.6% growth in first quarter of 2018
19-06-2018 | 13:28:21
Rwanda’s economy expanded by 10.6% in the first quarter of 2018, where GDP at current market prices was estimated at Frw 1,985 billion, up from Frw 1,816 billion in the previous year.
KCB most attractive bank in Kenya, Cytonn report
19-06-2018 | 11:49:38
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.
Madagascar receives $40m from World Bank to improve electricity sector
18-06-2018 | 08:37:00
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
Best years ahead for capital raising in Africa - Baker McKenzie
18-06-2018 | 08:01:00
Domestic and cross-border Initial Public Offering capital raising by African issuers in the first half of 2018 increased by 33% year-on-year to USD 396 million, while volume grew by 25% to 5 IPOs.
Africa Middle East and Europe smartphone markets hit record value, IDC
18-06-2018 | 06:23:00
The region's smartphone market showed some stability in the first quarter of 2018 in unit terms, while its value grew to exceed its previous first quarter peak result in the first quarter of 2015.
South African consumers lift discretionary spending, Mastercard report
15-06-2018 | 11:45:00
Total South African retail sales for April 2018 grew by 3.7 percent year-on-year after removing the effects of inflation, showing the highest growth rate seen in April in the past six years.
Ethiopia economy to record 2 percent dip in 2018, World Bank report
12-06-2018 | 06:05:58
Ethiopia’s GDP growth will decelerate to 9.6% in fiscal year 2018, July 2017 to June 2018, down from 10.9% in fiscal year 2017, according to a new World Bank Group report.
Growth in Sub-Saharan Africa projected at 3.4 percent in 2018
08-06-2018 | 11:00:00
Sub-Sharan Africa is experiencing a modest growth uptick, and about two-thirds of countries in the region reportedly saw accelerated growth over the past year.
Nigerians activate 11.2 million lines in one month
05-06-2018 | 08:18:00
The growth in telecommunications subscriptions that started since January this year took an impressive turn as Nigerians activated 11.2 million lines on the GSM networks in April.
Migration in Africa plays growing development role, report
01-06-2018 | 10:48:00
African migration could boost growth and positively transform the structure of the continent’s economy, UNCTAD’s 2018 Economic Development in Africa Report reveals.
Uganda: US$ 75 Million for Infrastructure Program
31-05-2018 | 13:02:00
The Regional Communications Infrastructure Program aims to transform public service delivery using ICT to improve the lives of Ugandans
[Kenya] Consumer spending dips on prolonged political process, Msurvey
31-05-2018 | 06:06:00
Consumer wallet continues to measure what Kenyan consumers are buying and how much they are spending.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
24-05-2018 | 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.
New ECA profile urges Cameroon to step up manufacturing and reduce social inequalities
24-05-2018 | 08:29:44
Despite its laudable development plans as well as the rising level of transformation of its local products, Cameroon still has big gaps to plug in terms of the structural transformation of its economy.
MTN Group invested ₦225 billion in Nigeria in 2017
22-05-2018 | 07:44:00
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.
Terrestrial fibre still mother of all bottlenecks in Africa say experts at Africa Panel Session
22-05-2018 | 06:49:54
The Africa Panel session at ITW challenged African policymakers to proffer incentives to encourage the deployment of broadband infrastructure of scale to support the rollout of much-needed infrastructure to rural areas.
[Startup Interview] Renaldo Bothma, Managing Director, HomeFixer, South Africa
21-05-2018 | 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.
Emerging technologies to create $1 billion in new revenue streams in the South African ICT market, Frost & Sullivan report
18-05-2018 | 11:46:54
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.
African Centre for Statistics urges for more investment in modern data collection processes
18-05-2018 | 08:45:02
The planning process of long-term development in any country would be on a shaky foundation if the data and statistics are not readily available and are of poor quality.
Mastercard, IFC partnership reaches 7.2 million new digital financial service users in Sub Saharan Africa
17-05-2018 | 15:13:05
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.
Mastercard, IFC partnership reaches 7.2 million new digital financial service users in Sub Saharan Africa
17-05-2018 | 09:04:00
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.
Mastercard survey reveals significant cost savings for African firms switching from daily cash allowance to corporate cards
15-05-2018 | 11:52:00
A recent survey by Mastercard, a leading technology company in the global payments industry, revealed that organizations that switch from Per Diems to corporate card programs benefit from more efficient operational procedures.
World Bank predicts 5.5% growth in Uganda's economy this year
15-05-2018 | 10:39:00
Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all through to 2019, according to the World Bank’s 11th Uganda Economic Update launched in Kampala today.
Weak governance in Africa hampers natural resources exploitation, ECA report
15-05-2018 | 06:38:00
Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa.
South Africa top destination for Muslim travelers in the continent, Mastercard Index
10-05-2018 | 08:43:04
South Africa ranked as one of the ten most Muslim-friendly travel destinations among non-Organisation of Islamic Cooperation countries, as ranked in the annual Mastercard-Crescent Rating Global Muslim Travel Index 2018.
East Africa women grapple with unemployment, trade barriers, UNCTAD report
09-05-2018 | 14:06:44
East African nations can harness their trade policies to help empower women economically in the region, thanks to improvements in education, employment and other key areas.
Kenya leads East Africa peers in access to electricity, World Bank
08-05-2018 | 13:20:00
Electricity access rate in Kenya is the highest in East Africa according to the latest report from the World Bank tracking global achievements in sustainable energy for all.
Nestlé Nigeria announces Q1 2018 financial results
07-05-2018 | 13:00:00
Nestlé Nigeria Plc announced its financial results for first quarter of 2018. The company continued its momentum from 2017 delivering a revenue of N 67.5 billion for Q1 2018, a growth of 10.3% over Q1 2017.
Kenya's mobile money payments hit Sh3.7trn in 12 months
07-05-2018 | 12:54:00
Cash transacted via mobile phones hit Sh3.7 trillion in the 12 months through March. This was helped by rising uptake of mobile loans, amidst concern that a lot of the advances go into the fast-growing gambling industry.
MTN Group adds 4.1m new subscribers in Q1
07-05-2018 | 12:49:00
MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East.
MTN Group adds 4.1m new subscribers in Q1
07-05-2018 | 08:47:00
MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East.
Africa Finance Corporation shows strong financial and operational performance for 2017
07-05-2018 | 08:14:00
Africa Finance Corporation, the infrastructure multilateral development finance institution, has announced its 2017 financial year results.
Alternative energy, favourable pricing grow Lafarge’s net sales by 36 per cent
04-05-2018 | 13:02:00
In full year results for the year ended December 2017, Lafarge Africa Plc recorded net sales of N299 billion. This represents a 36 per cent growth relative to the corresponding period in 2016.
Oil output expansion, agricultural growth pull Nigeria out of recession, World Bank report
04-05-2018 | 08:30:32
Expansion in oil output and continued steady growth in agriculture assisted Nigeria emerge from recession in 2017, a World Bank Nigeria Bi-annual Economic Update has stated.
[Kenya] Mobile money payments hit Sh3.7trn in 12 months
03-05-2018 | 07:40:00
Cash transacted via mobile phones hit Sh3.7 trillion in the 12 months through March. This was helped by rising uptake of mobile loans, amidst concern that a lot of the advances go into the fast-growing gambling industry.
Growing industrial sector to drive Côte d'Ivoire uninterruptible power supply systems market by 2024, 6Wresearch
30-04-2018 | 13:34:00
Construction of new industrial zones in cities such as Bonoua, Abidjan, Yamoussoukro, Bouake, Man, and San Pedro coupled with infrastructural development activities would fuel the growth Côte d'Ivoire UPS systems market over the coming years.
Accurate and timely data crucial for successful implementation of SDG agenda, UNECA
27-04-2018 | 10:39:23
The successful implementation of the 2030 Agenda for sustainable development demands new data acquisition and integration approaches, says Oliver Chinganya, Director of the Africa Center for Statistics at the Economic Commission for Africa.
Disruptive technologies to widen income inequality, cut jobs in Africa, new study shows
25-04-2018 | 11:48:17
Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity.
Marriott leads Africa’s hotel growth - W Hospitality Group survey
24-04-2018 | 09:39:00
Marriott International tops this year’s table for the most planned new hotel rooms under construction in Africa, according to the influential annual hotel pipeline survey by W Hospitality Group.
Maroc Telecom Q1 revenue up 5.6% as Morocco mobile services return to growth
23-04-2018 | 09:47:04
Maroc Telecom's revenues for the first quarter increased to MAD 8.99 billion, up 5.6 percent at constant exchange rates thanks to significant revenue growth in Morocco and at its African subsidiaries.
Nigeria Uninterruptible Power Supply to reach 4.7 per cent in 2024
20-04-2018 | 10:30:00
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years.
Telecoms VAS market hits $200m in Nigeria
19-04-2018 | 12:05:00
The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC) has said.
Economic growth in Africa rebounds, but not fast enough - World Bank analysis
19-04-2018 | 08:41:00
Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20, says Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank, released today.
Uganda Civil Society condemns proposed taxation of Over the Top Services
17-04-2018 | 14:04:00
Use of social media and OTT services has also led to an increase in consumers’ demand for data services provided by mobile network operators, thus users are already paying telecom operators fees for using the broadband services over which these services operate, Uganda Civil Society.
KCB Group retains its position as the most attractive bank in Kenya, Cytonn Investments Report
17-04-2018 | 13:17:36
Cytonn Investments has released its 2017 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] Mobile commerce deals pass $10b mark
17-04-2018 | 09:09:34
The value of mobile commerce transactions in Kenya has passed the Ksh1 trillion ($10 billion) mark for the first time.
[Kenya] Safaricom’s voice market share declines as competitors gain
13-04-2018 | 13:00:00
Safaricom’s share of the mobile voice market and subscriptions dropped by 4.4 and 2.8 percentage points respectively in the three months to December 2017, according to data from the Communications Authority of Kenya, CA.
[Kenya] Safaricom’s voice market share declines as competitors gain
13-04-2018 | 13:00:00
Safaricom’s share of the mobile voice market and subscriptions dropped by 4.4 and 2.8 percentage points respectively in the three months to December 2017, according to data from the Communications Authority of Kenya, CA.
Twenty percent of South African firms have no women in senior roles, report
13-04-2018 | 10:30:00
While the overall business environment for women appears to be improving in South Africa, there is a clear divide between businesses that are gender-equitable and those that aren’t.
Poverty in Kenya declines significantly, but unlikely to be eradicated by 2030, World Bank Economic Update
13-04-2018 | 08:17:00
The proportion of Kenyans living on less than the international poverty line, $1.90 per day in 2011 PPP, has declined from 43.6 percent in 2005/06 to 35.6 percent in 2015/16, according to the 17th edition of the Kenya Economic Update.
[Tanzania] Acacia Mining weathers tough times to post solid quarter one performance
13-04-2018 | 06:11:53
“Acacia continued to demonstrate resilient operating performance and delivered solid production of 120,981 ounces of gold in the first quarter across the Group, which sets us in good stead to deliver against our full year guidance of 435,000-475,000 ounces.”
Egypt’s non-oil exports rise to $3.8b in 2 months
12-04-2018 | 10:13:00
Egypt’s non-oil exports recorded $3.8 billion in the first two months of 2018, with an increase of $500 million, compared to $3.3 billion in the same months of 2017, according to General Organization for Export and Import Control.
Kenya economic growth to rebound by 5.5 per cent in 2018 up from 4.8 per cent in 2017, World Bank
11-04-2018 | 12:03:00
Kenya’s GDP growth is projected to recover to 5.5% in 2018 up from an estimated 4.8% in 2017. Over the medium term, economic activity is expected to gain momentum, steadily rising to 6.1% by 2020.
Teraco surpasses 12,000 interconnects and predicts more growth across Africa
09-04-2018 | 12:56:00
African vendor of neutral colocation data centre, Teraco, is Africa’s most densely interconnected Data Centre with over 12,000 interconnects and growing at an impressive rate of ±500 interconnects per quarter.
Political risk remains the key consideration for dealmaking in Africa - report
09-04-2018 | 09:53:00
According to a recent report, Resourceful dealmaking: Outlook for M&A in Africa, there has been a dramatic fall in M&A activity, with declines of 25% in volume and 26% in value in the first half of 2017, compared with a relatively buoyant 2016.
South Africa, Kenya and Morocco drive Africa online retail sales, yStats.com report
06-04-2018 | 11:37:51
Online retail sales in Africa accounted for less than one per cent of the global total last year, even though some nations have already undergone a rapid growth period.
Financial institutions should embrace housing microfinance to address Sub Saharan Africa needs, study
05-04-2018 | 11:13:00
A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs.
Kenya most improved in removing legal barriers against women, World Bank Group report
04-04-2018 | 06:31:35
Despite daunting challenges, several economies in Sub-Saharan Africa are making progress in enacting laws that promote equality between men and women, says the World Bank Group’s Women, Business and the Law 2018 report.
Baker McKenzie forecasts a drop in financial deals in Africa and the Middle East in 2018
03-04-2018 | 11:03:00
Baker McKenzie’s Global Transactions Forecast, developed in association with Oxford Economics predicts that financial sector M&A in Africa and the Middle East will drop to US$9 billion in 2018, down sharply from US$29.5 in 2017.
Egypt achieves 800 oil and gas discoveries in 15 years
03-04-2018 | 10:30:26
Egypt’s Petroleum Ministry achieved around 800 new oil and gas discoveries starting fiscal year (FY) 2001/02 and until 2015/16.
Rebounding Africa offers new opportunities for investors, IFC-Africa CEO Forum report
29-03-2018 | 08:33:49
After a few years of sluggish regional growth, Africa’s economies are rebounding, offering a significant opportunity for investors, according to a new study by IFC and the Africa CEO Forum.
Spending on smart city technologies in Africa and Middle East tipped to reach $1.26 billion in 2018, IDC report
28-03-2018 | 13:41:28
Spending on the technologies that enable Smart City initiatives is forecast to reach $1.26 billion for Africa and Middle East region in 2018, according to the latest insights from International Data Corporation (IDC).
[Kenya] Britam’s comprehensive income grows by to $19 million
27-03-2018 | 13:28:44
Britam Holdings Plc total comprehensive income grew by 143 % to Shs 1. 9 billion in 2017, up from Shs 784.7 million in 2016.
[Column] Gilbert Saggia: Data - the fertilizer that will feed Africa's agricultural transformation
27-03-2018 | 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.
Nigeria out of recession and looking beyond oil, IMF report
27-03-2018 | 10:11:30
Nigeria’s economy is exiting a painful recession, but policy implementation needs to move quickly and comprehensively to facilitate economic recovery and help the country reap its longer-term potential.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
27-03-2018 | 06:04:00
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Women entrepreneurs making headway in South Africa, but roadblocks remain, Mastercard Index
26-03-2018 | 06:57:19
While South Africa has made progress in reducing the gender bias for women engaging in early stage entrepreneurial activities, the number of women business owners remains constrained by a lack of entrepreneurial intent.
[Mauritius] Port Louis ranked best city in Africa for expats by Mercer’s quality of living survey
23-03-2018 | 13:37:12
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies, has ranked Port Louis the best city in Africa, according to their 2018 Quality of Living Survey.
Vivo Energy and Resolution Call top the list of best places to work in Morocco for 2018
22-03-2018 | 08:18:00
Vivo Energy, Resolution Call, HPS Worldwide, Webhelp, Teleperformance, Comdata, Hilti, Arval, Masen, Chaabi LLD, Nestle, Promamec, Roche, Nomac were awarded the best place to work in Morocco for 2018.
Ghana's mobile phone subscribers to hit 40 million by 2020 - Jumia report
22-03-2018 | 08:00:00
Ghana’s mobile phone subscription is expected to hit about 40 million in the next two years, according to the Jumia Annual Mobile Report 2018.
Risk to African manufacturing as operating robots in US set to become cheaper than wages in Kenya within 15 years, report
22-03-2018 | 06:04:55
Operating robots in US factories could become cheaper than hiring workers in Kenya by 2033, new research by the Overseas Development Institute has found.
Currency floatation to boost Morocco’s real estate market, JLL report
21-03-2018 | 11:27:14
Earlier this year, the Moroccan Central Bank introduced the gradual floatation of the Moroccan Dirham, providing more flexibility to real estate investors and paving the way for a more buoyant real estate market in the year ahead.
[Column] Benjamin Coetzer: Combating cloud’s biggest security risk - the user
20-03-2018 | 10:54:00
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.
Africa overtakes Japan and Australia as the most preferred destination by Chinese travelers, TravelZoo Survey
20-03-2018 | 08:55:45
Travelzoo® , a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers.
Bank of Ghana releases annual percentage rates of interest charged on loans
19-03-2018 | 13:24:57
The Bank of Ghana on Friday released its latest data on Annual Percentage Rates of interest charged on loans and credit advances and the Average Interest paid on deposits by banks.
Rwanda’s economy grew by 6.1 per cent in 2017 exceeding projections
19-03-2018 | 07:37:39
Rwanda’s economy grew by 6.1% in 2017 beating 5.2% projections set earlier. The growth is attributed to good performance in the fourth quarter which registered 10.5% growth.
Nigerians prefer mobiles phones to computers in online shopping, Jumia report
16-03-2018 | 13:12:24
A recent report on the Nigerian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed an 11% increase in the number of Nigerians who visited the Jumia Website via their mobile phones, 79% in 2017 versus 71% in 2016.
African businesses should embrace cross-border e-commerce, DHL report
16-03-2018 | 06:04:53
Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering.
Africa's smartphone market declines despite strong performance of region’s biggest markets, IDC report
15-03-2018 | 08:18:28
Africa's smartphone market experienced a quarter-on-quarter decline of 6.4 per cent during Q4 2017, according to the latest insights announced by International Data Corporation.
[World Happiness Report] Most happy Africans live in Mauritus, Libya and Algeria
15-03-2018 | 07:16:00
Africa is by far the least happy continent. Lots of good things happening there, but there is so much more work to done
East African region records best economic performance in the continent, AfDB outlook
13-03-2018 | 13:00:14
The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports.
Consumer Confidence surges ahead for West Africa - Nielsen research
12-03-2018 | 13:52:00
The latest West Africa Consumer Confidence Index (CCI) figures released by Nielsen for Quarter 4, 2017 show a marked increase and continued positive performance for both Nigeria and Ghana.
Women in Ghana own 46 per cent of businesses, Mastercard Index of Women Entrepreneurs
09-03-2018 | 11:29:25
Following the release of the Mastercard Index of Women’s Entrepreneurship, it has been revealed that 46.4 percent of businesses in Ghana are owned by women, making it one of the top performing African countries highlighted in the index.