The importance of SMEs in growing inclusive growth in Africa

The importance of SMEs in growing inclusive growth in Africa

Inclusive economic growth is growth that leads to job creation, causing a ripple effect on the purchasing power of the majority of the populace. The private sector, and in particular small and medium enterprises (SMEs), are the drivers of an economy. SMEs are also the largest providers of direct employment and inclusive growth can be achieved through promotion of policies that would drive their development.

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Zambian Annual Budget Discussion Breakfast

Zambian Annual Budget Discussion Breakfast

Zambian Finance Minister, Alexander Chikwanda presented the national budget on 10 October 2014. Three days later, KPMG Zambia hosted the third annual Budget Discussion Breakfast at Hotel Intercontinental in Lusaka.

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Africa Brief: Local banks join power plant deal in Ghana and more…

South African banks and con­struction companies have been expanding activities in the rest of Africa, where energy is one of the fastest-growing sectors. The $900m of debt and equity project finance for the Kpone Independent Power Plant and associated infrastruc­ture in Ghana was closed by financiers and industrialists, including several South African banks.

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KPMG and PharmAccess to speak this week at Africa Works! 2014 conference in Leiden

KPMG and PharmAccess to speak at Africa Works! 2014 conference in Leiden

We at KPMG and our partners at PharmAccess have combined forces in an innovative approach that facilitates investment capital for the private healthcare sector. By combining a critical evaluation and benchmarking system that assesses the quality and safety of the care provided, with rigorous business planning and a full health market scan, risk is reduced and trust is increased.

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How do we grow Africa’s health insurance sector?

How do we grow Africa’s health insurance sector?

Large percentages of the African population are too poor to afford check-ups and medical treatment, and for many the transport costs to treatment facilities are too prohibitive in the first place. Health insurance is desperately needed, but poverty has undermined efforts, particularly in rural areas, as the market for health insurance products is small. So how do we change things?

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KPMG Members at Africa Works

On the 16th and 17th of October of 2014, NABC organizes the second edition of the Africa Works! conference, together with the African Studies Centre. The objective of Africa Works! 2014 is to explore the challenges and opportunities Africa poses to companies, government bodies, NGO’s and knowledge centers through informing, inspiring, and expanding professional networks.

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Celebrating African leadership in healthcare

African Healthcare Opportunity

The healthcare sector in Africa can be considered a major growth opportunity for two main reasons: because of the tremendous health challenges that the continent faces, and because of the very serious deficiencies that still exist in Africa’s healthcare, compared to the rest of the world.

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Chinese businesses contribute $3bn to Zambian economy

Chinese businesses contribute $3bn to Zambian economy

Over 550 Chinese businesses are operating in Zambia, bringing more than US$3 billion into the economy, reported new Chinese Ambassador to Zambia Yang Youming earlier this month. He was speaking at a reception commemorating the 65th anniversary of the People’s Republic of China, established in 1949 by Mao Zedong.

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Kigali climbing the ranks of Africa’s most liveable cities

Kigali climbing the ranks of Africa’s most liveable cities

Rwanda is steadily shedding its association with genocide and replacing it with one of progress, stability and liveability. Its capital city is at the heart of this transformation. What makes Kigali rank among the continent’s most liveable cities? We consider some of the top reasons for the city’s growing acclaim …

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West Africa receives $19bn in infrastructure development

West Africa receives $19bn in infrastructure development

Eight West African nations – namely Benin, Burkina Faso, Mali, Guinea-Bissau, Niger, Ivory Coast, Senegal and Togo – are set to benefit from a $19 billion investment to tackle their infrastructure deficits. The investment is the result of a partnership between the West African Development Bank (BOAD), the West Africa Economic and Monetary Union (UEMOA), and Global Finance and Capital Ltd (GFCL).

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Dow AgroSciences investing heavily in Africa

Dow AgroSciences investing heavily in Africa

Dow AgroSciences, the American manufacturer of products devoted to crop protection, is deepening its investment into Africa in order to claim a bigger stake in the continent’s vast agricultural potential. It is doing this by entering new countries, and also by removing the middle man in countries where it already had operations, believing now that the best way to do business in Africa is to have a local presence.

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The importance of SMEs in growing inclusive growth in Africa

Listing in Africa: Advantages and Disadvantages of an equity listing

There is an increasing interest in Africa as a potential investment destination due to the fact that the developed markets are not expected to grow as they have done previously. In addition, Africa is seen to be becoming more politically mature and easier to access and this, together with its growing population and rise in consumption, is adding to its attractiveness for foreign investors

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