Sudan News

Zoya Sisulu, ‎Head of Debt Primary Markets, South Africa, Standard Bank. Credit: Business Day (South Africa)

African debt capital markets resilient in face of growth challenges

Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.

Dar es Salaam, Tanzania

The rise of Africa's megacities

Over the last 35 years, the share of Africa’s population living in urban areas climbed from 27% to 40%.

Dangote Industries cement plant in Dakar, Senegal

Gulf investments in Africa beginning to spread far and wide

Traditionally, investments from the Arabian Gulf into Africa have focused on North Africa, owing partly to closer cultural ties and the Gulf’s focus on western markets. This scenario is slowly changing and so too are the pan-African investment strategies of Gulf investors.

Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa.

Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa

Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa.

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.

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.

3 reasons things are looking up for African economies: McKinsey & World Economic Forum

3 reasons things are looking up for African economies: McKinsey & World Economic Forum

In 2010 the McKinsey Global Institute (MGI) described the potential and progress of African economies as “lions on the move”.

Two Rivers, Nairobi, Kenya (Illustration)

Africa: A land of opportunity for property investors

UAE investors have been urged to follow in the footsteps of the Majid Al Futtaim Group and the Landmark Group by pursuing property opportunities in East Africa.

Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia is the ideal environment for independent power producers (IPPs), says EEPCo CEO Azeb Asnake

Ethiopia has more than 45,000 MW of untouched hydro potential, plus huge resources of solar, wind and geothermal energy to tap; along with rising domestic demand for electricity; pro-investment policies; and plans laid out for the country to become a region-wide clean energy exporter.

Elite, stylish and extravagant, the social scene at the annual Lagos polo tournament is as much of a show as the game on the pitch (AFP Photo/Pius Utomi Ekpei)

Fascinators and fizz in elite Lagos Polo Club

Elite, stylish and extravagant, the social scene at the annual Lagos polo tournament is as much of a show as the game on the pitch.

Newly-elected AU chairman, Chadian President Idriss Déby. Photograph: Xinhua/Barcroft Media

African Union members back Kenyan plan to leave International Criminal Court

Leaders at Addis Ababa summit support pullout of international criminal court in protest at perceived unfair targeting.

Part of Yemisi Shyllon's art collection in Lagos, Nigeria

Looking for an investment? African art is hotter than gold (Photos & Videos)

Amid strong demand and skyrocketing prices, contemporary African art is increasingly attracting the attention of investors worldwide.

Grand Ethiopian Renaissance Dam (GERD)

Egypt, Ethiopia and Sudan sign new Grand Renaissance Dam agreement

Egypt, Ethiopia, and Sudan signed an agreement on Tuesday finalizing the two firms tasked with carrying out studies on the potential impact of Ethiopia’s Grand Renaissance Dam on the flow of the Nile.

Here are 17 facts about Africa you might not know

Here are 17 facts about Africa you might not know

Here are some key facts and figures, courtesy of the Indo Asian News Service (IANS), about a continent that is not only one of the fastest growing regions of the world but one that is economically, culturally and linguistically diverse.

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.

Jacob Zuma, President of South Africa

South Africa plans to leave International Criminal Court

South Africa plans to leave the International Criminal Court (ICC), a deputy minister said on Sunday, as the government faces criticism for ignoring a court order to arrest Sudan’s president earlier this year.

Modderfontein development, South Africa

Africa's megaprojects: 326 billion reasons Africa is on the move (Photos, Infographic & Video)

When the new, expanded Suez Canal was inaugurated on August 6, the world marveled at the endeavor and single-mindedness that had born — and bored — 72 kilometers of new waterways through the Egyptian earth.

The real size of Africa compared to the US, India & China

Check out this simple, interactive tool that shows the real size of Africa compared to the US, India & China

Africa is massive; 30.22 million sq km, in fact. It can swallow up the whole of Europe, for instance. Africa is the second largest continent in the world.

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.

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…

Afriflora, a rose farm in Ethiopia, attracted a $200M investment from private equity powerhouse KKR last year.

From milk to roses, private equity investments in Africa on the rise

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.

Screenshot of some of the images found under the hashtag #TheAfricaTheMediaNeverShowsYou on Twitter.

Here is the Africa the media never shows you

The portrayal of Africa by mainstream media, particularly Western media, paints it as a dark, ugly, hopeless place that is ridden with civil war, militant groups, corruption, violation of freedoms, starvation, chaotic urbanisation and utter desperation.

Sudanese billionaire Mo Ibrahim has partnered with TPG to invest up to $1 billion in Africa.

Private equity power house TPG and billionaire Mo Ibrahim partner to invest up to $1 billion in Africa

TPG, one of the world’s largest private equity firms with $70 billion in assets under management, plans to invest up to $1 billion in Africa in a partnership with Sudanese billionaire, Mo Ibrahim.

Egypt expects to export about $5 billion worth of goods over the next five years to fellow members of the Tripartite Free Trade Area (TFTA)

African leaders sign 'Cape to Cairo' free trade bloc deal, the Tripartite Free Trade Area (TFTA)

African leaders signed Wednesday a 26-nation free trade pact to create a common market that would span half the continent from Cairo to Cape Town.

Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia eyes extra 12,000 MW in power projects by 2020: Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia plans to launch hydropower dams and other renewable energy projects over the five years to 2020 that will add an additional 12,000 megawatts of electricity upon completion, a senior official said on Monday.

Africa's neither 'rising' nor 'falling' but it is growing-fast

Africa's neither 'rising' nor 'falling' but it is growing. Fast

Africa is vast. It is varied. When it comes to the region’s development, a host of differing narratives shape the story around its economic progress. With a long-standing presence in the region, GE has worked with, and helped to nurture its tremendous potential.

Ethiopia to step up role as regional clean power exporter

Ethiopia to step up role as regional clean power exporter

Ethiopia plans to begin exporting renewable energy to a broader range of neighboring nations by 2018 as part of a cross-border effort to meet regional energy demand and limit increases in climate-changing emissions.

MTN Group - AMTN Group: An interesting way to gain exposure to the African growth story

MTN Group: An interesting way to gain exposure to the African growth story (Infographic)

I came across MTN Group Ltd. (OTCPK:MTNOY) during a stock pitch competition I took part in and won earlier this year. I decided to share my analysis of the security with you today.

Nigeria's Chimamanda Ngozi Adichie on Time's "100 Most Influential People" list

Nigeria's Chimamanda Ngozi Adichie on Time's "100 Most Influential People" list

Nigerian author Chimamanda Ngozi Adichie has been listed by Time magazine as one of the world’s 100 most influential people.

Ilyas Dawaleh was a businessman before be entered politics and rose to become Djibouti’s Minister of Economy and Finance. Antonie Robertson / The National

Ilyas Dawaleh: The man who wants to make Djibouti the next Dubai

Ilyas Dawaleh has an ambition: he wants to make his country the Dubai of Africa, and he is getting plenty of help from the UAE to help him achieve that.

The leaders of Egypt, Sudan, and Ethiopia (L-R) - Abdel Fattah el-Sisi (Left), Omar al-Bashir, and Hailemariam Desalegn - sign deal to end Nile dispute.

Ethiopia, Egypt and Sudan sign deal to end Nile dispute

Three African leaders have signed an initial deal to end a long-running dispute over the sharing of Nile waters and the building of Africa’s biggest hydroelectric dam, in Ethiopia.

Mo Ibrahim, who started a foundation that bears his name, says his Index of African Governance gives investors the facts to make smart choices among diverse countries. Photograph by Mathias Braschler and Monika Fischer

Billionaire Mo Ibrahim Defies African 'Basket Case' Clichés

Mo Ibrahim, a Sudanese-born billionaire philanthropist, says the Ebola outbreak in West Africa has once again painted the entire continent as a disaster zone.

The Grand Renaissance Dam is under construction on the Blue Nile River in Ethiopia. It is claimed it will generate 6000 MW of energy when completed

The Grand Ethiopian Renaissance Dam: The $5B project that could turn Ethiopia into Africa's water powerhouse

It’s called the Grand Renaissance Dam — and the clue is in the name. With some 8,500 laborers working around the clock on its construction, the imposingly-named dam is surely one of Africa’s most ambitious infrastructure projects.

Sudanese Foreign Minister Ali Karti, right. Nile dam talks between the foreign and water ministers of Egypt, Sudan and Ethiopia have reached a preliminary agreement. Ashraf Shazly / AFP Photo

Sudan, Egypt and Ethiopia reach agreement on use of Nile waters

The foreign ministers of Sudan, Egypt and Ethiopia said on Friday they had reached the basis of an agreement on the sharing of Nile waters and Ethiopia’s Grand Renaissance Dam.

President of Namibia Hifikepunye Pohamba attends a dinner at the House of Estates in Helsinki November 12, 2013. REUTERS/Kimmo Mantyla/Lehtikuva

Outgoing Namibian President, Hifikepunye Pohamba, wins $5M Mo Ibrahim Foundation's Ibrahim Prize for Achievement in African Leadership

Namibia’s outgoing president, Hifikepunye Pohamba, has won the Mo Ibrahim Foundation’s $5 million African leadership prize, an award meant to recognize good governance that had been presented only three times before in eight years.

Facebook

Facebook launches "Facebook Lite" in 8 emerging markets, including Nigeria, South Africa, Sudan & Zimbabwe

Facebook has launched a new simplified version of its mobile app called Facebook Lite, and it’s targeted toward Android users in developing countries.

River Dam

Ethiopia's $1.8B Gilgel Gibe III dam project could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia’s Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday.

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.

Africa's Richest 2014 Visualization

Africa's Richest 2014 (Visualization)

Visualization of Africa’s Richest 55. Data courtesy of Ventures Africa. Sort and filter by Net Worth (US $). Filter by Number of Jobs Created, Country of Citizenship, Industry, Age, and Gender.

Harmattan wind

How not to write about Africa: Use "African Spring"

On October 30, as thousands of determined Burkinabe put an end to the 27 year rule of their Western-backed autocratic leader, Blaise Compaoré, journalist Hewete Selassie asked a question (in a tweet) that pops up whenever mass protests break out somewhere in Africa: “So is #BurkinaFaso the beginning of the African #Arabspring?”

Shoe manufacturing in Ethiopia

Made in Africa: Ethiopia positions itself as manufacturing alternative to China

Ethiopia is bidding to become Africa’s lead manufacturing hub, repositioning itself as an outsourcing alternative to countries such as China, where rising labour costs are driving margin conscious multinationals to look elsewhere.

Olusegun Obasanjo, former president of Nigeria, urges investors to consider social impact when putting money into Africa.

Nigeria's former President, Olusegun Obasanjo, urges investors to focus on inclusive growth

Nigeria’s former president warned investors at an African business summit in London they should focus on promoting “inclusive growth” if they want to avoid triggering social strife.