Euromonitor International News

Media Eghbal, Head of Countries' Analysis, Euromonitor International. Credit: LinkedIn

Top 3 Largest Markets in Sub-Saharan Africa (Audio): Media Eghbal, Head of Countries' Analysis, Euromonitor International

Sub-Saharan African economic growth is expected to pick up in 2017 after reaching the lowest level in 22 years in 2016.

Kim Reid, Founder & Co-CEO, Takealot

Africa's most valuable company Naspers ups investment in South Africa's largest e-commerce company Takealot

Naspers, Africa’s biggest ecommerce and digital company, has just invested R960 million (about $69.4 million) in Takealot Online, South Africa’s largest ecommerce company.

Top 3 Mortgage Growth Markets in 2017 - Egypt, Algeria and Nigeria

Egypt, Algeria and Nigeria are the top 3 mortgage growth markets in 2017: Euromonitor

Euromonitor International has identified the top three markets globally in 2017 by fastest growth in mortgaged households.

Christy Tawii, Senior Research Analyst, Euromonitor

Cities on the Forefront of Economic Change in Sub-Saharan Africa (Video): Euromonitor

Cities are at the forefront of the impressive economic changes in Sub-Saharan Africa. These urban areas boast larger shares of the region’s middle class and consumer spending.

Chicken Republic

Eating out: Africa's booming fast food scene (Video)

Africa’s growing economies mean more people with disposable incomes and more eating out.

The top 10 cities for Africa's millionaires

The top 10 cities for Africa's millionaires (Photos, Videos, & Infographic)

Wealthy Nigerians used to travel abroad to get their fix of luxury goods. However these days, they can take a stroll around Victoria Island, an exclusive neighborhood in Lagos where brands like Porsche, Hugo Boss, and Ermenegildo Zegna line the streets.

French retailer Carrefour to inaugurate 1st store in Kenya this year

International store chains coveting strong growth prospects in Kenya's retail market

Nakumatt and other local retailers have long served Kenya’s market but now international store chains and private equity investors are also coveting the strong growth prospects in east Africa’s leading economy.

Porsche Panamera

Nigeria: The next big frontier for luxury

The ‘Africa Rising’ narrative, driven primarily by the region’s high growth rates, has captured a great deal of attention from global businesses. High growth rates in Africa’s largest economy, Nigeria, have been fueling growth in the country’s luxury market.

Euromonitor International

Africa's Markets of the Future with Sarah Boumphrey, Head of Strategic, Economic & Consumer Insight at Euromonitor International (Report)

Euromonitor reveals the next eight Sub-Saharan African consumer markets with the brightest growth prospects: Angola, Côte d’Ivoire, Ethiopia, Ghana, Mozambique, Senegal, Tanzania and Uganda.

Porsche Panamera

Africa's elite develops a taste for the finer things in life

The luxury sector has been adjusting to what some analysts call the “new normal”. After growing at 10-13 per cent a year in 2010, 2011 and 2012, rates were already slowing last year, and are forecast to settle at between 4 and 6 per cent.

Jumia Nigeria, Tapping into Diaspora Dollars

Internet retailer, Jumia Nigeria, tapping into diaspora dollars

Money sent home by Nigeria’s emigrant workers traditionally covers basic expenses like housing, education and medicine.

L'Oréal investing big in R&D in Nigeria

L'Oréal investing big in R&D in Nigeria

Speaking at the recent Nigerian Retail Transformation Conference, the managing director of L’Oreal Central West Africa announced the company has invested “over 800 million euros” in R&D in the region.

A PayPal sign is seen at an office building in San Jose, California May 28, 2014.

PayPal expands payment services to Nigeria and 9 other markets

PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud.