The sorry state of South African governance may be dominating headlines, but a closer inspection of Africa’s financial news reveals a heartening trend in the continent’s frontier economies.
Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.
Almost three-quarters of African countries saw an improvement in their business environments in 2016, according to the Doing Business 2017 report published in October by the World Bank.
Retail in Kenya is dominated by informal sellers, but recent years have seen a boom in modern trade, with home-grown supermarket chains expanding their footprint and international brands (such as Carrefour and Massmart’s Game banner) entering the market.
Sub-Saharan Africa is a diverse region that presents risks, challenges and opportunities for the insurance industry. No “one-size-fits-all” approach is likely to succeed across individual markets and countries.
Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.
At the end of 2015, 46% of the population in Africa subscribed to mobile services, equivalent to more than half a billion people. The region’s three dominant markets – Egypt, Nigeria and South Africa – together accounted for around a third of the region’s total subscriber base.
Helios, the pan-African investment firm, is set to deliver a postcolonial turnround with a deal for key divisions of Crown Agents — a company which was once a pillar of the British empire.
Sub-Saharan Africa is experiencing a wave of modern shopping mall development. The retail sector has become a major focus for development activity in recent years, as investors have been attracted by the growth potential of African consumer markets.
While SSA was predicted to grow above 5% year-over-year in 2015 at the beginning of the year, actual GDP growth is more likely to come in at around 3–4% year-over-year.
Financial technology – FinTech – holds great potential for the future of African economies.
Here is general information on exchanges across Africa, including: currencies, time zones, trading hours, open days, market operation, settlement, trading lot sizes, public holidays, monetary policy, taxation & indices. The guide was compiled by African Alliance.
Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.
The Africa Report is a unique and market-leading publication which draws on the expertise of Knight Frank’s unrivalled network of property professionals in Africa. The report presents a wealth of material highlighting the growth of Africa’s economies, cities and real estate markets.
Africa50 has held its first constitutive General Assembly this Wednesday 29 July 2015 in Casablanca Africa50, the new and innovative infrastructure investment…
Convergence Partners, an investment management firm focused on the African telecommunications, media and technology sector, has announced the successful final close of its Convergence Partners Communication Infrastructure Fund (CPCIF).
Kenya’s Equity Bank Group plans to expand its operations into the Democratic Republic of Congo by acquiring a 79 percent stake in ProCredit Bank Congo, its chief executive officer said on Tuesday.
Kenya’s Equity Bank plans to enter 10 more African countries in the next decade, in addition to the five it already serves, by building operations from scratch or acquiring existing lenders, its chief executive said on Wednesday.
Marek Zmyslowski is the CEO and Managing Director of Lagos-based Jovago. Jovago is an online marketplace that connects travellers across Africa with hotels. Jovago enables customers to secure hotel rooms through an online platform that is faster, cheaper, and easier than the alternative of making a phone call.
Only a few kilometers (miles) separate Alexandra, a gritty Johannesburg township where South Africans attacked immigrants last week, from Sandton, a district jammed with high-end stores, restaurants and gleaming office towers symbolizing the upper reaches of the prosperity that attracted so many job-seekers to South Africa.
Ethiopian Airlines Enterprise, East Africa’s biggest carrier by revenue, is considering proposals to help set up national airlines in Nigeria and three other countries to expand its operations on the continent.
The two main candidates for the governorship of Nigeria’s Lagos state took to the stage, making a flurry of promises to the all-female audience at the select Cosmopolitan Women’s Club.
FastJet Plc is approaching potential South African investors about buying stakes to finance a route expansion in the east and south of the continent and support its effort to become the first pan-African discount airline.
The eight best-performing African stock markets in 2014.
Moving ahead with the expansion of its Budget Car Rental brand and further extending itsmulti-brand strategy, Avis Budget Group Inc. (CAR – Analyst Report) penned a deal with Barloworld Ltd. to operate its Budget Car Rental brand in southern Africa.
When OPEC signaled that it would not put the brakes on oil production in late November, crude’s price plunged. The drop has caused particular hardship in some African countries while proving to be a boon in others.
The Africa Finance & Investment Forum 2014 represented something of a landmark for the oldest continent and its plans for the future. Held in Cologne, it was the first such conference to be held in Germany, Europe’s economic motor and a strategic partner in several African ventures.
The World Bank released its annual Doing Business report last month.
In 2007, Britain’s Hay Festival collaborated with the Unesco World Book Capital project to publish Bogotá39, a literary collection that showcased the talents of 39 Latin American writers under the age of 40.
Nigeria. What is coming to your mind thinking of Africa’s most populated country?
Ecobank Transnational Inc. (“Ecobank”) and MasterCard, http://newsroom.mastercard.com/ today announced a multi-country licensing agreement which will provide access to MasterCard’s electronic payments solutions for Ecobank’s customers in a further 23 African countries.
The Pizza Hut restaurant brand has returned to South Africa, with the first outlet expected to open in Johannesburg next week.
Gilat Satcom, a leading provider of satellite and fiber-based connectivity services in Africa, Asia and the Middle East, today announced new fiber routes within and beyond Nigeria.
Ethiopian Airlines CEO Tewolde Gebremariam says the carrier will have four hubs in Africa and talks in particular about the growth potential of the DRC.
The Financial Times recently did a video interview with Clifford Mpare, CFA, of Frontline Capital Advisors.
4 African women made Forbes’ The World’s 100 Most Powerful Women List.