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30-10-2014 22:52:00 | by: Administrator | hits: 9370299 | Tags:

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.
[Kenya] Stanbic Holdings records $43 million pre tax profit on growth in non-interest revenue
09-03-2018 | 07:01:20
Stanbic Holdings Plc weathered a tough operating environment last year to post a 43 million, Sh4.3 billion, profit after tax according to the recently released 2017 full year financial results.
Anti-money laundering compliance costs South African financial services companies over $2 billion a year, survey
08-03-2018 | 13:44:58
The true cost of anti-money laundering compliance in South Africa has increased by 14 per cent to $2.05 billion over the past two years, according to a recent LexisNexis® Risk Solutions survey.
African capital markets indicate recovery in 2017 with overall increase in value and volume of transactions, PWC
06-03-2018 | 12:33:00
Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public offerings over the trailing five-year period.
Telecom Egypt’s profits increase to LE 3.15B in 2017
05-03-2018 | 20:55:16
Telecom Egypt’s (ETEL) consolidated results increased 17.97 percent in 2017, recording LE 3.15 billion, compared to LE 2.67 billion in 2016.
Uganda urgently needs to move from Policy to action to achieve road safety, UN report
02-03-2018 | 10:35:00
The number of road traffic fatalities reported in Uganda has increased seven-fold over the past 25 years and 10 people die every day due to road traffic injuries, according to the report of the first United Nations Road Safety Performance Review.
[South Africa] Ascendis profit up 28 per cent as half year revenue tops R4 billion
02-03-2018 | 06:10:00
Ascendis Health has reported a 27% increase in revenue to R4 billion for the six months to December 2017, driven by the strong performance of the group's international operations which grew revenue by 50% to R1.9 billion.
African banks are the second fastest growing and most profitable globally, McKinsey report
01-03-2018 | 06:10:52
Africa’s overall banking market is the second-fastest-growing and second most profitable of any global region, and a hotbed of innovation according to a recently released report.
Kenya makes significant progress in sustainable finance reforms, report
28-02-2018 | 08:33:00
Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force in driving development, according to the first comprehensive Global Progress Report
Challenges and opportunities abound in Africa’s energy sector, with increase in mergers and acquisitions, Baker McKenzie forecast
28-02-2018 | 06:32:00
Baker McKenzie’s Global Transaction Forecast for the Energy Sector shows that total M&A value in the energy sector in Africa and the Middle East was US$ 4.4 billion in 2017.
African organizations lead global peers in economic crime, PWC Survey
27-02-2018 | 13:19:50
South African organizations continue to report the highest instances of economic crime in the world with economic crime reaching its highest level over the past decade, according to PwC’s latest biennial Global Economic Crime Survey.
60 per cent of Mauritians see systemic rise in public sector corruption, Afrobarometer survey
27-02-2018 | 10:48:00
Six in 10 Mauritians say that corruption has increased over the past year, according to the latest Afrobarometer survey.
[South Africa] Customers needs define service providers’ digital transformation strategies, IDC
26-02-2018 | 10:06:00
More than 90 per cent of South African organizations are either already engaged in digital transformation or in the process of planning and evaluating their transformation strategies.
Egypt's IT exports on track to achieve ambitious growth targets, IDC study
23-02-2018 | 13:02:00
International Data Corporation, a global research and consulting firm has initiated a study to understand the global market trends and opportunities for the Egyptian offshoring industry in relation to IT outsourcing.
Nigeria among countries with agribusiness friendly regulations, Alliance for Green Revolution in Africa report
23-02-2018 | 06:18:00
An assessment report, “Enabling The Business of Agriculture 2017” put together by Alliance for Green Revolution in Africa (AGRA) in partnership with the World Bank Group, has ranked Nigeria among countries with more agribusiness friendly regulations.
Transforming basic African crops to high value products can earn continent fortunes, UNCTAD report
22-02-2018 | 09:14:00
Basic crops grown in Africa can be made into higher-value products, whether it's by bagging tea or turning potatoes into frozen French fries, creating jobs and fueling growth in the continent, UNCTAD report says.
Blockchain spending in Africa and Middle East to more than double in 2018, IDC data
21-02-2018 | 13:23:57
Spending on blockchain solutions in the Middle East and Africa is set to more than double this year, according to the latest insights from International Data Corporation.
Grid electricity and off-grid solutions not meeting Africans energy demands, study
21-02-2018 | 06:22:00
A new study released by the Center for Global Development found that either grid electricity or off-grid solutions alone are currently inadequate to meet many African consumers’ modern energy demands.
[Tunisia] Teleperformance and Vermeg Tunisia best places to work in, survey
16-02-2018 | 06:37:05
Teleperformance and Vermeg Tunisia are topping the list of the best places to work in Tunisia for 2018 program, according to the annual Workplace survey driven by the global research firm Best Companies Group USA.
South Africans are the best sales people in the world, Pipedrive report
16-02-2018 | 06:12:00
Global sales CRM platform, Pipedrive, has published its annual 'Global Sales Review 2017' report analyzing tens of thousands of sales teams worldwide.
[Kenya] Private sector output growth accelerates to fastest in two years, Stanbic Bank Purchasing Managers' Index
15-02-2018 | 06:37:16
Operating conditions across the Kenyan private sector improved at a solid rate according to January survey data
[Kenya] Online consumer trends offer new revenue streams for businesses, Mastercard Love Index
14-02-2018 | 08:47:00
The annual Mastercard Love Index indicates that Kenyans are turning to online retail outlets to purchase their Valentines gifts, with a 183 percent increase in the number of e-commerce transactions taking place from 2015 to 2017.
Debt crowdfunding initiatives have highest success rates for East Africa’s small businesses, Energy 4 Impact report
13-02-2018 | 10:22:26
Debt crowd funding is the most popular form of online capital raising for small businesses in Africa’s clean energy access sector.
African Development Bank approves ZAR 140-million loan to support African Local Currency Bond Fund
05-02-2018 | 12:02:00
The Board of the African Development Bank has approved a loan ZAR 140 million to the African Local Currency Bond Fund to further enhance the Fund’s portfolio and promote the development of domestic capital markets across the continent.
Rainmaker's clients score more than 3.84 million views for Namibia in 2017
05-02-2018 | 11:40:00
In December 2017, the unique rainmaker VISTA.360 virtual tours, powered by Google Street View Trusted, was viewed by more than 3 million people.
Africa Data Centres opens newly expanded carrier-grade facilities in Johannesburg and Cape Town
01-02-2018 | 08:52:00
Africa Data Centres, part of the leading pan-African telecoms group Liquid Telecom, has today launched newly-expanded data centres facilities in Johannesburg and Cape Town, South Africa.
[Nigeria] Agric sector records 3% growth despite recession
01-02-2018 | 08:35:00
The Director-General, Budget Office of the Federation, Ben Akabueze, has revealed that despite the economic downturn fueled by recession, the agricultural sector of the economy grew by three per cent.
A2X joins the Teraco ecosystem in a bid to disrupt South Africa’s Capital Markets
01-02-2018 | 08:18:44
A2X Markets, a new, independent stock exchange, has joined Africa’s largest and only vendor neutral data centre, Teraco, to bring its fast trading platform closer to clients.
[Ghana] Mobile money deposits hit GHC2.3b in 2017
30-01-2018 | 07:19:00
The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana.
South African CEOs cautiously optimistic about their own company’s prospects for growth in the next 12 months, PwC annual CEO survey
24-01-2018 | 13:07:16
Worldwide the majority of CEOs are optimistic about the economic environment amid geopolitical uncertainty, corporate misconduct and the impact of artificial intelligence on the future job market.
[Kenya] Monetary Policy Committee retains base lending rate at 10 percent
23-01-2018 | 10:28:26
The Monetary Policy Committee (MPC) of the Central Bank of Kenya has met to review the outcome of its policy decisions and recent economic developments.
[South Africa] Government new health insurance scheme, growing ageing population to boost medical device market, report
19-01-2018 | 06:21:00
South Africa medical device market is expected to grow at an annual rate of 8.97 percent during the 2018-2024 period due to public-private partnerships to develop hospitals, government new health insurance schemes and growing ageing population.
Urbanization, economic growth to bolster Senegal’s retail and wholesale food market, report
18-01-2018 | 13:50:00
Senegal is regarded as one of the most stable countries in Africa and although it suffers from poverty levels of more than 46 per cent, it is the second-fastest growing economy in West Africa.
Nigeria international remittance market to hit the $42 billion mark by 2022, Ken Research
18-01-2018 | 07:12:58
In Nigeria, international remittance is a critical source of income for the people and has changed their standard of living to a great extent. Remittance inflow from other countries into Nigeria has resulted in development of the country in many ways.
Deal activity in Industrials, Manufacturing and Transport sector to rise in Africa and the ME - Baker McKenzie forecast
15-01-2018 | 12:54:00
Baker McKenzie’s Global Transaction Forecast shows a rebound in global M&A transactions in the Industrials, Manufacturing and Transport (IMT) sector in 2018, with global M&A rising to US$531.4 billion, up from US$483 billion in 2017.
Demand for remote renewable energy systems propels power storage market in Sub Saharan Africa, Frost & Sullivan
12-01-2018 | 09:01:36
The drive to integrate renewable energy into the grid whilst at the same time supply constant, reliable power for industry activities is one of the key factors driving the power storage market in Sub-Saharan Africa.
Rwanda’s economy to rebound on agriculture growth, public and private investment, World Bank
12-01-2018 | 07:15:00
Rwanda’s growth slowed from mid-2016 to mid-2017, bottoming out at 3.4 percent, but is expected to recover to 5.2 percent for the second half of 2017, and may well accelerate in 2018 and 2019.
[Kenya] Purchasing Managers’ Index highest in a year as political situation stabilizes, report
08-01-2018 | 13:32:23
Business conditions improved for the first time in eight months amid reports of greater political stability. Growth was underpinned by expansions in output, new orders, stocks of purchases and employment, reversing the recent downward trend.
Kenya most lucrative market for fintech top staff in Africa - DFI survey
05-01-2018 | 13:36:00
Kenya is the most attractive market in Africa for workers in the fintech industry with new data showing that companies pay the highest salaries in comparison to their peers on the continent.
African Development Bank Board approves third sovereign lending instrument
03-01-2018 | 08:16:45
The Board of Directors of the African Development Bank Group approved the Bank’s third sovereign lending instrument called the Results-Based Financing Policy.
South Africa’s economy dips on weak domestic demand, report
28-12-2017 | 08:10:07
Global financial crisis, weak domestic demand, and other related factors have affected South Africa's GDP growth during past 3 years, continuing onto 2016.
Commodities export dependence hurting development in COMESA countries, UNCTAD
22-12-2017 | 08:18:00
The United Nations Conference on Trade and Development (UNCTAD) has launched and presented the Commodities and Development Report 2017 to COMESA Secretariat.
Smart cities in Africa gain traction as urbanization rates increase, report
22-12-2017 | 06:36:26
Smart city initiatives are gaining traction in Africa and the Middle East (AME) due to increasing rates of urbanization that has been placing pressure on city services.
North Africa among key global drivers of tourism growth in 2017, UNWTO World Tourism Barometer
15-12-2017 | 13:18:32
Destinations around the world welcomed 1.1 billion international tourists between January and October 2017, according to the latest UNWTO World Tourism Barometer.
[South Africa] Economic pressure, poor coordination of basic education hurt ICT skills development, survey
12-12-2017 | 11:22:58
The 2017 JCSE ICT Skills Survey has revealed that economic pressure, a delay in policy implementation and lack of improvement in South Africa’s basic education are key concerns for skills development in the ICT sector.
Renewable energy shifts South African power commodity market towards transmission equipment upgrades, report
12-12-2017 | 05:40:04
The South African power commodity market is changing, and renewable energy is taking centre stage. The growing contribution of renewable power and its inherent intermittent nature will drive demand for upgraded transmission equipment.
Kenya’s GDP growth slumps to 4.9 per cent in 2017, but can rebound over the medium term, World Bank
08-12-2017 | 08:04:00
Economic activity in Kenya is likely to have declined to its weakest level in five years, says the World Bank’s Kenya Economic Update released in Nairobi.
Ethiopia a model for fast growth, poverty reduction and stable inequality, new UNDP study
07-12-2017 | 08:56:00
The United Nations Development Programme has launched its Income Inequality Trends in Sub-Saharan Africa report.
Migration spurs mobile money remittances in Sub Saharan Africa, report
01-12-2017 | 08:35:25
Market Sub-Saharan Africa (SSA) is witnessing a surge migration within the region and to other parts of the world such as North America and Europe.
Kenya energy access levels at 27 per cent but still below Sub Saharan Africa averages, UN report
30-11-2017 | 07:21:53
The UN Economic Commission for Africa (ECA) through its Sub-Regional Office for Eastern African hosted the launch of the Least Developed Countries Report 2017, presented by the United Nations Conference on Trade and Development (UNCTAD).
Nigeria to spend $9.5 billion in military expenditure by 2022 to tackle homegrown security threats
30-11-2017 | 07:08:00
Nigerian defense budget, valued at around US$1.5 Billion in 2017, registered a negative CAGR of over 10% during the historic period.
Nielsen Africa country rankings: Nigeria, Kenya and South Africa still key investment hubs
29-11-2017 | 07:19:00
Manufacturers and retailers seeking to stay one step ahead in Africa’s complex markets need to move beyond ‘business as usual’ - they simply cannot keep doing the same things and expecting a different result.
Global deal activity to accelerate in 2018, South African predictions dependent on political and economic environment
14-11-2017 | 07:02:00
The easing of key economic and political risks and the emergence of positive macroeconomic deal drivers will accelerate global deal activity in 2018, reveals the third edition of the Global Transactions Forecast issued by Baker McKenzie.
Morocco maintains lead in North Africa in latest World Bank Doing Business report
03-11-2017 | 11:34:00
In the World Bank’s 2018 “Doing Business – Reforming to Create Jobs” report, Morocco again ranked number one in North Africa and third overall in the Middle East and North Africa region.
Cameroon makes significant strides in social services and infrastructure, AfDB report
03-11-2017 | 06:55:00
As the most robust economy in Central Africa, Cameroon, has in the past decade taken steps to further boost growth, making major advances in providing health, education and clean water to become a middle-income country by 2035.
African countries offer major investment opportunities to Belt and Road Initiative, Baker McKenzie report
02-11-2017 | 05:37:00
China's Belt and Road Initiative (BRI) is stepping up a gear, with new BRI-related projects estimated to be worth US $350 billion over the next five years.