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Aliko Dangote on latest cover of Bloomberg Markets

Africa's richest man is on the latest cover of Bloomberg Markets: Check out his wide-ranging interview

Dangote, who was worth $12.3 billion as of mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in business.

Malusi Gigaba, South Africa's Minister of FinanceMalusi Gigaba, South Africa's Minister of Finance

South Africa Weighs State Internet Company Merger

South Africa is considering a merger of state-owned technology companies Broadband Infraco and Sentech to help to accelerate the rollout of high-speed internet to the population within three years, according to two people familiar with the matter.

South Africa's Naspers rules out $114 billion Tencent stake spin-off

South Africa's Naspers rules out $114 billion Tencent stake spin-off

South Africa’s Naspers (NPNJn.J) does not plan to spin off its $114 billion stake in Tencent, its boss said on Monday, a push back against investors urging a break-up to close a widening discount between its market value and that of its one-third stake in the Chinese internet company.

Johannesburg Stock Exchange

The Case for Bargain Hunting in South Africa

Charles Roth, of Thornburg Investment Management, has made the case that markets have over-reacted to the recent political shake-up in South Africa, driving asset prices below their underlying value.

In front: South Africa's President Jacob Zuma (L) and AU Chair Nkosazana Dlamini-Zuma (R)

It's time South Africa tuned into Africa's views about its role on the continent

South Africa has variously styled itself as a “bridge” between the North, the global South and Africa as well as a “gateway” into the continent.

These 6 Sectors of Africa's Economy Are Poised for Growth - McKinsey

These 6 sectors of Africa's economy are poised for growth: McKinsey

In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets.

Live music in Accra, Ghana

Why is Ghana 25 times more successful than Nigeria at attracting tourism revenues?

Tourism should be an easy win for emerging market (EM) and frontier market (FM) economies with weakened currencies, and cheap jet fuel; an opportunity that we think is being missed.

Africa's spending to exceed $5.6T by 2025: McKinsey

Africa's spending to exceed $5.6T by 2025: McKinsey

Africa’s household and business spending will top $5.6tn by 2025 and its manufacturing output could reach $93bn, according to a new McKinsey & Company report.

Africa - The great opportunity

Africa: The great opportunity

Africa is rapidly becoming the global economic growth engine. Half of the world’s 25 fastest-growing nations are in Africa and almost 40 per cent of the continent will achieve GDP growth of more than 5 per cent in 2016.

BalogunMarket.ng - The African Future Is Digital

The African Future Is Digital: Victor Asemota

WhatsApp? What is That? A couple of years ago, one of our Managing Consultants was in South Africa. She had decided to buy a local SIM instead to save cost on roaming.

Abuja, Nigeria

Abuja, Nigeria's original startup city is making a big play for Africa's young tech entrepreneurs

When most people think of Nigeria having an ecosystem of innovation and technology they instinctively think of Lagos, and understandably so.

A worker walks past an electronic board displaying movements in major indices, at the Johannesburg Stock Exchange in Sandton

South Africa may get three more stock exchanges ... and a lot more investors

Africa’s largest stock exchange, the Johannesburg Stock Exchange in South Africa, is about to get some competition on its own turf.

Protea Hotel Abuja

BON Hotels takes over management of four Protea Hotels locations in Nigeria

Cape Town-based hospitality company BON Hotels has taken over the management, sales and marketing of four Protea Hotels locations in Nigeria.

Jacob Zuma, President of South Africa

South Africa joins emerging markets wave of sovereign bond sales

South Africa is preparing its first sale of debt this year as global investors including BlackRock and Pimco declare that emerging markets represent a buying opportunity after three years of underperformance.

World Trade Center (WTC) Abuja

Nigeria's new World Trade Center poised to send its economy sky high (Photos)

Nigeria‘s capital city of Abuja is about to get a new heart: a brand new World Trade Center complex. The development is expected to open to the public early next year after the completion of the first phase of construction.

During the past 10 years, the GDP of the 11 largest sub-Saharan Africa countries increased 51%, more than twice the world's 23%. Credit: bloombergview.com

Where's the Growth? Africa

Here’s a nice way to stump your companions: Ask them what part of the world has had the fastest economic growth over the last 10 years.

Rakesh Kapoor, CEO, Reckitt Benckiser. Credit: bloomberg.com

Reckitt Benckiser sees Nigeria as Brazil peer in 20 years (Video)

Reckitt Benckiser Group Plc, the maker of household goods including Dettol cleaner and Durex condoms, sees Nigeria as a potential high-growth market to rival Brazil in the long term even as Africa’s biggest economy struggles to cope with sliding oil prices and currency restrictions.

Jerome Booth, Co-Founder of Ashmore Group and Chairman of New Sparta Asset Management. Credit: institutionalinvestor.com

Ashmore Group's Co-Founder Jerome Booth looks to raise up to $500M to invest in African energy

The former Ashmore Group research head is launching an emerging markets investment firm that will start by focusing on African energy projects.

SABMiller said to have rejected $100B offer from Anheuser-Busch InBev

SABMiller said to have rejected $100B offer from Anheuser-Busch InBev

SABMiller Plc rejected an informal takeover offer from Anheuser-Busch InBev NV of about 66.4 billion pounds ($100 billion) that it considered too low, according to people familiar with the matter.

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

Anheuser-Busch InBev NV said it intends to make an offer to acquire SABMiller Plc in a deal that would unite the world’s two biggest beermakers and control about half the industry’s profit.

Muhammadu Buhari, President of Nigeria

Putting Nigeria to the test: Will democracy stick?

If American politics are brutal, then those in Nigeria are a blood sport. Since 1963, there have been 14 Nigerian heads of state.

Nairobi, Kenya

Why And How You Can Profit Investing In Africa's 1.1 Billion Consumers

In the book “Win the Leadership Game – How Companies Can Create Unbeatable Global Teams,” by Jason Wingard, Vijay Mahajan is interviewed on the opportunities he sees in Africa.

Walmart: From Arkansas to Lagos (AP Photo/Danny Johnston)

Walmart is planning to open retail outlets in Nigeria

Walmart, the world’s largest retailer by revenue, is in advanced talks to open big box stores in Lagos, Nigeria’s economic hub.

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

Naspers Ltd. sold bonds for the first time in almost two years to fund emerging-market Internet acquisitions, a strategy that’s transformed the media group into Africa’s biggest publicly traded company by market value.

The BRICS leaders: President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R)

South Africa in the BRICS - A brave new world

Will the BRICS group and its New Development Bank (NDB), founded in 2014, challenge the West-led international order enforced by the financial institutions of the World Bank and the IMF?

Volkswagen brings car assembly back to Nigeria to tap Africa growth

Volkswagen brings car assembly back to Nigeria to tap Africa growth

Volkswagen AG resumed building vehicles in Nigeria for the first time in 25 years in a bid to foster sales growth in Africa.

South Africa's Naspers betting on e-commerce growth in emerging & frontier markets

South Africa's Naspers betting on e-commerce growth in emerging & frontier markets

South Africa’s biggest company by value, media giant Naspers, said on Tuesday it still sees room for expansion in its e-commerce business even after strong growth last year.

Naspers’ global footprint

Africa's largest company Naspers adds Nigeria to 'BRIC'

Naspers Ltd. is rewriting the ‘BRIC’ acronym to include Nigeria and Turkey among the world’s best emerging markets as China and Russia lose some luster with Africa’s most valuable company.

President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R) pose at the 6th BRICS summit in Fortaleza, Brazil on July 15, 2014 (AFP Photo/Nelson Almeida)

BRICS New Development Bank (NDB) to be operational by end of 2015, says South Africa's Ministry of Finance

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

Sub-Saharan Africa’s national oil companies have big ambitions but funding remains a challenge.

Sub-Saharan Africa's national oil companies have big ambitions. Funding remains a challenge: Rolake Akinkugbe, Head of Energy and Natural Resources, FBN Capital

In March, Saudi Aramco concluded a $10 billion standby revolving credit facility deal with 27 international lenders, the largest of its kind in the Gulf region for years. Even revenue-rich Saudi’s NOC needs large pools of capital from abroad.

Sub-Saharan Africa offers some respite from global bond tempest.

African Debt Offers Some Respite as Bond Rout Sweeps Globe

Sub-Saharan Africa is weathering the global bond tempest better than most. Seven of nine sub-Saharan African nations have outperformed the Bloomberg Emerging-Market Sovereign Bond Index since April 15.

Patrice Motsepe, Founder & Executive Chairman, African Rainbow Minerals

3 essential lessons from Africa's past: Patrice Motsepe, Founder & Executive Chairman, African Rainbow Minerals

Africa has garnered heightened attention in recent years, framed by impressive economic growth and increasing prosperity.

Angola’s $750 Million Sugar-to-Fuel Project to Start in June.

Angola's $750M Sugar-to-Fuel Project to Start in June

A $750 million project to produce ethanol and sugar in Angola will start next month after a year of delays as costs rose 50 percent on a plantation larger than Montreal.

Nigeria star Asisat Oshoala awarded BBC’s 2015 Women's Footballer of the Year.

Nigeria star Asisat Oshoala awarded BBC's 2015 Women's Footballer of the Year

Nigeria and Liverpool Ladies striker Asisat Oshoala has won the BBC Women’s Footballer of the Year award after a vote by fans around the world, the broadcaster announced on Tuesday.

Traditional dance groups march in the carnival in Lagos last year. Photograph: Anadolu Agency/Getty Images

Lagos locals fear annual carnival's links to Brazilian past are being lost

Before he died earlier this year, 86-year-old great-grandfather Mr Ibaru decided he had finally had enough of Lagos’ annual carnival. “It’s become boring,” grumbled the fine-boned man with a halo of white hair, tapping his cane impatiently.

Eko Atlantic City, Lagos, Nigeria (Illustration)

Nigeria will be among world's 20 largest economies by 2030 (Infographic)

Take a peek at the new world that awaits us. Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.

Number of ultra-high-net-worth individuals in Africa to surge

Number of ultra-high-net-worth individuals in Africa to increase

The number of ultra-high net worth individuals – those with at least $30m in assets – in Africa will increase by a staggering 59% over the next 10 years, stronger than the 34% projected global growth.

Harvard African Development Conference (ADC) 2015

Looking South – Moving Forward: Fostering Development Collaboration within the Global South - Harvard will host 6th Annual African Development Conference (ADC) on April 3-4

Harvard will host the 6th Annual African Development Conference (ADC) on April 3-4. The event will assemble major players and stakeholders across the private sector, civil society, government and academia, to discuss …

Mansion in Cape Town, South Africa

High-net-worth individuals (HNWIs) from Africa set to double by 2025: Knight Frank's 2015 Wealth Report

African individuals with 30 million US dollars in assets is set to more than double over the next decade, this is according to The Wealth Report 2015.

A pedestrian checks his mobile handset as he passes a giant logo outside the headquarters of MTN Group Ltd. in Johannesburg. Photographer: Nadine Hutton/Bloomberg

American Tower Is Said to Eye MTN's South African Assets

MTN Group Ltd., Africa’s largest wireless carrier, has received interest from American Tower Corp. for at least a part of the network of about 9,000 towers it’s selling in South Africa, according to people familiar with the matter.

Isabel dos Santos

Angola's Isabel dos Santos shifts focus in Portugal from telecoms to banks

An attempt by Isabel dos Santos to orchestrate a merger of two of Portugal’s largest banks has a better chance of success than her past attempts to shake up Portugal Inc, analysts and industry sources say.

Barack Obama, President of the United States, at the US-Africa Business Forum in August 2014

U.S. signs trade pledge with East Africa and eyes rest of the continent

The United States and five East African countries pledged on Thursday to ease trade flows and set the stage for more U.S. investment, a program that could be extended to other parts of Africa.