Private equity offers investors the chance to get a firm foothold in Africa’s economy. This is especially true for the fast-growing consumer market which is expanding in line with a number of sectors, including fast-moving consumer goods, agriculture, mobile communications, and financial services. Private equity involves ownership of a company that’s not traded on [...]
In June this year, Kenya hosted the first Open Government Partnership (OGP) forum in Africa, signalling an increased interest in the continent’s involvement in open governance. The forum’s theme was “Taking OGP forward in Africa” and was aimed at bringing the African agenda to the global OGP movement. This is especially challenging in a [...]
Africa Brief: Edgar’s and Jet set to open in Ghana, Pirates threaten Gulf of Guinea’s oil trade and more…
Edcon, the owner of Edgars and Jet, has announced that they will be opening new stores in Ghana and Nigeria in the next year. The region has caught the eye of retailers in search of higher yields and untapped consumer spending potential.
Africa is presently enjoying an upward growth curve, and part of the reason for this is its large new oil discoveries. The oil industry is a big mover and shaker and so development in this sector could, if done right, mean increased employment, increased foreign skill and capital investment, boosted trade and currency exchange, [...]
Natural gas is the golden child of the energy world at the moment, promising great things for the future. At present, Africa’s role in worldwide natural gas production is relatively small, but it is anticipated as playing a more prominent role over the next decade. Large new caches are being discovered, particularly in East [...]
East African oil is promising big things over the next decade and oil companies from around the world are getting excited. The discovery of Proved reserves in the area has lead to a bout of negotiations as exploration companies seek to claim a portion of this jackpot. Investors are courting Kenya and Uganda in [...]
Nigeria’s president faces a daunting task when he presents next year’s budget tomorrow; with tighter spending likely to be shot down the legislators keen to keep the wheels of patronage turning ahead of elections in 2015.
On 08 November 2013, the Vice Prime Minister and Minister of Finance and Economic Development, Hon. Xavier Luc Duval, delivered his third budget speech titled “Building a Better Mauritius – Creating the Next Wave of Prosperity”. The budget announced by the Minister was delivered with 2013 macro-economic statistics indicating inflation of 3.6%, growth at [...]
The continent of Africa is rich with a variety of natural resources from gold to oil, gas and many others, making for good mining prospects. With the rise of infrastructure development and urbanisation in most African countries these minerals could be what drives investors and GDP growth. The infographic below shows how Africa is [...]
Economic growth appears to be the way of the immediate future for the African continent, and happily so. A significant factor in this growth is increased exploitation of the continent’s many natural resources, one of which is oil. While Africa can’t boast the oil reserves and production of certain other parts of the world, [...]
Africa Brief : African risks ‘no different to emerging world’, Chinese bank to fund Kariba and more…
Operating in Africa is not without its challenges whether it is local infrastructure, fragmented regulations or unreliable systems, but this is just normal in the course of doing business according to Procter & Gamble MD. The global consumer goods has grown tremendously in the past decade.
With 11.5 million people, one-half of which are concentrated in small urban zones, Zambia is one of Sub-Saharan Africa’s most urbanized countries. Unemployment and under-employment are serious problems, income levels are low, and mortality rates remain high but the country’s national GDP (which has placed Zambia among the world’s poorest nations) has actually doubled [...]
- Africa leads the way in private equity investment December 4, 2013
- Africa governance through the Open Government Partnership (OPG) December 3, 2013
- Africa Brief: Edgar’s and Jet set to open in Ghana, Pirates threaten Gulf of Guinea’s oil trade and more… November 29, 2013
- Mobile banking series: An overview of why mobile banking remains important for financial inclusion in Africa April 22, 2013
- Cities are a catalyst for the implementation of the NDP May 22, 2013
- Mobile breaks the mould March 15, 2013
- Mayank Naik: Thanks for the article. With regards to your point...
- kene: Nice article there....
- Norbert Blankson-Darku: wow congratulations KPMG...