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After being neglected for years, Mozambique’s transportation infrastructure has drastically improved in recent years due to the growing economic opportunities in the region. Once considered one of the most dilapidated transportation systems in the world, it is now being revitalised through both public and private funding. Extensive development is underway in ports, rail systems, and roads. The Mozambican Government is currently developing three corridors that provide export outlets for Mozambique’s neighbours.
The Africa Expansion team is headed by Anthony Thunstrom. Anthony joined KPMG in 1993 and has remained at KPMG his entire working career. He currently heads the region’s audit practice. His industry experience includes banking; chemicals and plastics; retail services; transport; logistics; aluminium smelting; textiles; and the automotive industry. Anthony also serves on the Board and the Audit Committee of KPMG.
Literacy is one of the key elements needed to promote sustainable development, as it empowers people so that they can make the right decisions in the areas of economic growth, social development and environmental integration.
Funds Barclays Africa yesterday listed NewPlat, the world’s largest platinum exchange-traded fund, on the Botswana Stock Exchange.
The FMCG sector in Africa has significant scope to expand. Poverty levels in especially sub-Saharan […]
Three of Tanzania’s telecom giants – Tigo, Zantel and Airtel – have joined forces to provide customers with a pioneering mobile money service.
In 2008, GDP fell more than 1 percent due to declining tourism opportunities and the initial effects of liberalisation, but the economy recovered in 2010-11 after the reforms took hold and tourism increased.
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’s most populous country and second-largest economy is desperately trying to shed the image of corruption that has so tainted its reputation in recent years. While unemployment and poverty remain a big challenge, such concerns muddy the picture of a nation with immense potential.
In case you missed it, in the previous article, Lunch with our Leader talks to Sheel Gill, we looked at doing business in Africa vs. working in Europe, and the restrictions related to Rwanda and Nigeria. In this article, we look at investment activity and regulatory changes…
Egypt is home to more that 82 million people, which is the third largest population in Africa and the largest in the Arab world. Recently, the Northeast African country has been plagued by political instability and waves of protestor violence, impacting a number of sectors, including business and tourism.
Ethiopia is one of the most promising regions in Africa for retail development over the next two decades, in our opinion. Ethiopia’s promise can be attributed to the combination of its large population size and good prospects for economic growth.