Greece News

Bob Diamond, Chairman, Atlas Mara

Bob Diamond is back on the offensive

It was classic Bob Diamond. Never one to pass up a deal, he emerged as a possible buyer of Barclays Africa when Barclays announced its exit from the continent last year.

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:

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.

Donald Kaberuka, whose tenure as African Development Bank president ends in September, has warned African countries to keep an even economic keel. Photograph: Chip Somodevilla/Getty Images

African Development Bank chief urges continent to learn from Greek crisis

Donald Kaberuka, the outgoing president of the African Development Bank (AfDB), has cautioned African countries to heed lessons from the Greek debt crisis and consolidate economic stability, with growth in the continent set to be driven by increased public expenditure.

Foreign direct investment in Africa surges

Foreign direct investment in Africa surges

Africa is the world’s fastest-growing region for foreign direct investment, according to a report from fDi Intelligence, a data division of the Financial Times group.

Kenya and Nigeria in world's top 20 fastest-growing economies in 2015, says Bloomberg

Kenya and Nigeria among world's top 20 fastest-growing economies in 2015, says Bloomberg

Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years.

South African model Lulama Mlambo poses while wearing clothes made by, an online clothing retailer launched by Ghanaian entrepreneur Samuel Mensah, in Johannesburg, February 2, 2015. REUTERS/Siphiwe Sibeko

With African fashion in vogue, home talent shines

When Michelle Obama and Beyoncé Knowles attended high-profile events in clothes made by African designers, it was a sure sign that the continent’s vibrant style has arrived on the world stage.

A shopper peruses the grocery aisles at the South Africa–based Shoprite in the three-year-old Ikeja City Mall. Photo credit:

Global X MSCI Nigeria ETF: Speculative multi-year play approaching attractive valuation

The bet is a very long-term (multi-year) play on: (1) Earnings growth; and (2) Increased multiples assigned to equities by market participants as Nigeria’s markets mature.

The Victoria & Alfred (V&A) Waterfront in Cape Town, South Africa

Cape Town, South Africa ranked #1 for best hotels globally

As the new year approaches, many travelers are looking for inspiration on where to head in 2015. This list might help.


Barclays' Exposure To Africa Is A Catalyst For Growth

With the upcoming Scottish vote on independence (scheduled for September 18, 2014), and the no-campaign losing ground, it is fair to expect turbulence in the British stock market in the next 10 days (or more, if the vote results in a victory for the yes).