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An activist investor is an individual or group that has investment /purchases a significant portion […]
Lusaka is Zambia’s heartland and capital city. It’s the country’s chief administrative centre and major […]
Let’s talk about Relationship with Africa Chinese investments in Africa has been contentious right from […]
Tshidi Mokgabudi, chairperson, WomenCorporateDirectors and Nancy Calderon, Co-Author of Women on Board gives a clearer […]
The truth about Africa Rising is that it is real. The economy is growing and potential for huge and sustained growth is enormous. According to the British newspaper The Independent, 31 million households in Africa have moved up from poverty into the consuming class, and in only 20 years Africa will have the largest labour force in the world. The spending power of this demographic will further fuel the economy.
Spurred by substantial private sector investment and backed by additional government spending, Mauritius is hoping to generate 35% of its energy needs through renewable sources by 2025. The country has already made significant inroads in this direction, with various wind farms, waste-to-energy plants, and solar photovoltaic farms already in play.
The United States has committed to invest USD 33 billion in Africa -this was the message from the recent U.S. Africa Leaders’ Summit hosted by the U.S. Department of State.
In the recently held summit in Washington with African leaders, U.S. President Barack Obama emphasised how the relationship between America and Africa is evolving.
The Botswana Investment and Trade Centre (BITC), established by act of Parliament, has for several years now been managing Brand Botswana, the national brand strategy that aims to build a unified national identity.
Africa’s enormous growth potential is now an open secret with the International Monetary Fund (IMF) predicting that by 2015 seven out of the top 10 fastest growing economies will be in the region.
The relationship between China and Africa as a whole is already very strong, with China being Africa’s largest trading partner, and in turn, Africa featuring as China’s largest import source.
Manufacturers are entering into a new era of ‘disruptive complexity’ which is fundamentally changing the way manufacturers compete and succeed, according to the KPMG’s 2014 Global Manufacturing Outlook (GMO)
When I meet young Africans who have graduated from overseas universities, I’m struck by their excitement for Africa. They have a vision for their countries of origin, and a passion to return to, and invest in, their homelands. This new desire for engagement is a sign of incredible optimism and hope. There are many other signs of hope.
This month eleni, a private company that builds commodity exchanges for frontier markets in Africa, announced that financing had started for a Ghana Commodity Exchange (GCX). The exchange will be created by eleni, the premier developor of commodity exchanges in Africa; it was eleni that developed the Ethiopia Commodity Exchange (ECX) in 2008, which has proved a resounding success.
Nigeria’s economic growth rate remains impressively high as it surpasses South Africa as the largest economy on the continent. However, sustaining that growth rate is a major challenge for the Nigerian government, which is increasingly faced with the consequences of long periods of uneven economic development.
Africa retail sector on the verge of sky-rocketing with big international brands landing on our shores. Large international retailers eager to get a footprint on the African continent are using South Africa as their vantage point, while they assess their next expansion point into the growing economies of Africa.
Family businesses present a range of benefits in terms of the potential for a close-knit team, and readily available, if sometimes limited, financial support. While family businesses tend to imply a smaller business, family-run companies can turn into significant economic powerhouses, and launch dynasties.
The GDP rebasing figures which will be released today is coming after a 24-year wait as the last rebasing exercise was done in 1990. Though it was meant to be done again in 2000 but was shelved due to some “strategic economic considerations”, people familiar with the strategy told THISDAY.
The private equity industry in Sub-Saharan Africa is climbing to unprecedented levels. The core reason for this is rapid economic growth in many African nations, but also of significance are the facts that there is presently little or no commercial and consumer lending markets in the subcontinent, banks perceiving the risks as too high, and interest rates from lending institutions tend to be cripplingly inflated.
Mozambique continues to experience dramatic economic growth rates, with gross domestic product (GDP) growth in 2012 estimated at 7.5%, and projected growth in 2013 and 2014 estimated at over 8%. Nevertheless, Mozambique remains extremely poor and underdeveloped, struggling to translate that robust economic growth into prosperity for its populace.
A very important topic coming out of Davos earlier this year is all about ‘Inclusive Growth’–in other words, economic growth in Africa that benefits many…
The Uganda Revenue Authority (URA) has announced that the half year revenue performance for the financial year 2013/2014 has registered the largest ever deficit of USh 246.93 billion (Ugandan Shillings, equal to about US$ 99 million).
Tony Elumelu, the Nigerian entrepreneur who built up Lagos-based Heirs Holdings into an investment powerhouse, has stars in his eyes. That is to say, he has recently invested in a US satellite technology company called Planet Labs.
Agricultural sector development in Africa is vital for achieving food security goals. Development of this sector also plays a significant economic role in maintaining sustainable economic growth across the continent
The Partner and Global Chairman, Energy and Natural Resources Sector, KPMG, Mr. Michiel Soeting, has said that the discovery of shale gas in the United States, which is a major importer of Nigeria’s crude oil, would pose a threat to Nigeria and at the same time provides an opportunity for the country to diversify its economy.