Malawi News

Invest in This Walmart of Africa?

Invest in This Walmart of Africa?

The Wall Street Journal recently featured Walmart’s operations in Africa. The article revealed that Walmart had a $2.4 billion stake in South African retailer Massmart going back to 2011.

Rate cuts & healthy FX reserves pave way for next bull run in Africa's markets

Rate cuts & healthy FX reserves pave way for next bull run in Africa's markets: Ryan Hoover, Portfolio Manager, Africa Capital Group

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.

Spotlight on Southern Africa Private Equity: African Private Equity and Venture Capital Association (AVCA)

Spotlight on Southern Africa Private Equity (Report & Infographic): African Private Equity and Venture Capital Association (AVCA)

Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.

Across Africa, 3 in 4 countries improve business environment

Across Africa, 3 in 4 countries improve business environment (Infographic)

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.

Buffalo Mall, Naivasha, Kenya

East Africa's second-tier cities hold untapped potential

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.

Waves of change - Insurance opportunities in Sub-Saharan Africa - 2016

How insurance is transforming a rapidly growing Sub-Saharan Africa: EY (Infographic, Video & Report)

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.

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Real GDP Growth Rates (2007 - 2017) of Countries in Africa (Interactive Map & Chart)

Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.

Mobile Economy - Africa 2016: GSMA

The mobile economy - Africa 2016: GSMA (Infographics & Report)

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.

Tope Lawani, Co-Founder & Managing Partner, Helios Investment Partners

Pan-African private equity firm Helios completes deal to acquire UK's Crown Agents

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.

Shop Africa 2016: Knight Frank

Shop Africa 2016 (Report & Infographics): Knight Frank

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.

Sub-Saharan Africa's most and least resilient economies

Sub-Saharan Africa's most and least resilient economies (Infographics): Anna Rosenberg, Head, Sub-Saharan Africa Research, Frontier Strategy Group

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.

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.

Here are five promising mobile payment startups built and operating in Africa

Here are five promising mobile payment startups built and operating in Africa

Financial technology – FinTech – holds great potential for the future of African economies.

Africa Exchange Guide 2015 - African Alliance

Africa Exchange Guide 2015: African Alliance Capital Markets (Presentation)

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.

Compelling investment markets in Africa. Credit: sc.com

Compelling investment markets in Africa - Inside Riscura's Bright Africa 2015 Report: Debbie O’Hanlon, Senior Analyst, RisCura (Infographics)

Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.

Africa Report 2015 - Real Estate Markets in a Continent of Growth and Opportunity - Knight Frank

Africa Report 2015 - Real Estate Markets in a Continent of Growth and Opportunity: Knight Frank (Infographics & Report)

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 Infrastructure Fund raises $830M in first closing

Africa50 has held its first constitutive General Assembly this Wednesday 29 July 2015 in Casablanca Africa50, the new and innovative infrastructure investment…

Convergence Partners raises $200M for largest ever fund dedicated to Africa ICT infrastructure

Convergence Partners raises $200M for largest ever fund dedicated to Africa ICT infrastructure

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).

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank to expand to the DRC via acquisition in first step outside East Africa

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.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank plans 10-nation Africa expansion, says CEO James Mwangi

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, Managing Director, Jovago

Why you should take chances: Marek Zmyslowski, Managing Director of top African hotel booking website Jovago (Video)

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.

A man hold a placard, center, reading 'Africa is all for Africans' prior to a march against immigrant attacks in South Africa, in Cape Town, South Africa, Wednesday, April 22, 2015. Police and soldiers officers raided a hostel considered a hotspot for anti-immigrant attacks in downtown Johannesburg as Sosuth Africa continued a crackdown in xenophobic violence. (AP Photo/Schalk van Zuydam)

South Africa's image suffers after anti-immigrant attacks

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 in talks to set up national carriers in Nigeria, Uganda, South Sudan & the DRC

Ethiopian Airlines in talks to set up national carriers in Nigeria, Uganda, South Sudan & the DRC

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.

Nigerian presidential candidate Remi Sonaiya says "Women cannot keep on being cheerleaders in this country" (AFP Photo/Pius Utomi Ekpei)

Remi Sonaiya: Nigeria's first female presidential candidate done with 'cheerleading'

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

FastJet seeks South African investors to fund growth in bid to become the "first pan-African discount airline"

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

The eight best-performing African stock markets in 2014 (Infographic)

The eight best-performing African stock markets in 2014.

Budget Rent a Car

Avis partners with South Africa's Barloworld to operate Budget car rental brand in southern African countries

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.

Oil rig

Cheap Oil and Africa: The Winners, Losers, and In-Betweeners

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 Johannesburg Stock Exchange (JSE)

Africa: Now a major player in emerging markets financial services

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.

Doing Business 2015 - The World Bank

Doing business in Africa keeps getting easier, according to the latest Doing Business report from the World Bank

The World Bank released its annual Doing Business report last month.

The Nigerian writer Chimamanda Ngozi Adichie at the Hay Festival in 2012

Continental drift: Africa39, an anthology of writing from south of the Sahara, is too good to miss

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.

Africa Business Jumpstart

Four reasons why operating in Nigeria can boost your success rate in Africa: Harnet Bokrezion, Founder & CEO, Africa Business Jumpstart

Nigeria. What is coming to your mind thinking of Africa’s most populated country?

Patrick Akinwuntan, Ecobank and Daniel Monehin, MasterCard

MasterCard and Ecobank partner to accelerate electronic payments adoption in 28 Sub-Saharan African countries

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.

Pizza Hut

Pizza Hut looks to grab slice of South Africa's restaurant market

The Pizza Hut restaurant brand has returned to South Africa, with the first outlet expected to open in Johannesburg next week.

Gilat Satcom

Israeli company Gilat Satcom expands its fiber network into and within Nigeria to meet growing demand from businesses of all sizes

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.

Jeff Immelt, Chairman & CEO, General Electric

General Electric to invest $2B in Africa

Africa is expected to receive $2 billion worth of investments from multinational conglomerate GE (General Electric).

Tewolde Gebremariam, CEO, Ethiopian Airlines

We will have four hubs in Africa: Tewolde Gebremariam, CEO, Ethiopian Airlines (Video)

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.

Telling the African story

Telling "the African story"

We often hear political and business leaders and Africanists talk about the need to “tell the African story.”

Gervinho and Drogba at the 2014 FIFA World Cup in Brazil

Africa is a country, football edition

Africa remains divided along many lines, from race and religion to ethnicity.

Clifford Mpare, CFA, Chairman & CEO, Frontline Capital Advisors

Africa's Lion Market: An interview with Clifford Mpare, CFA, Chairman & Chief Executive Officer of Frontline Capital Advisors (Video)

The Financial Times recently did a video interview with Clifford Mpare, CFA, of Frontline Capital Advisors.

Joyce Banda, President of Malawi

According to Forbes, the 2 most powerful women in Africa are Joyce Banda and Ngozi Okonjo-Iweala

4 African women made Forbes’ The World’s 100 Most Powerful Women List.