The “Africa Rising’’ narrative has been put on hold, due to a couple of macroeconomic factors impacting the economic growth of the giant countries of Africa.
Chad’s foreign minister has been elected as the new chair of the African Union Commission, pledging to place development and security at the top of his agenda and streamline the organization’s bureaucracy.
Over the past 48 hours, much of the coverage of President Trump’s executive order has focused on entry bans to citizens of seven Muslim-majority countries and rightly so.
Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.
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.
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.
Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.
In 2010 the McKinsey Global Institute (MGI) described the potential and progress of African economies as “lions on the move”.
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.
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.
Leaders at Addis Ababa summit support pullout of international criminal court in protest at perceived unfair targeting.
Amid strong demand and skyrocketing prices, contemporary African art is increasingly attracting the attention of investors worldwide.
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.
Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.
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.
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.
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.
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, the new and innovative infrastructure investment…
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.
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.
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.
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.
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 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 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.
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.
Nigerian author Chimamanda Ngozi Adichie has been listed by Time magazine as one of the world’s 100 most influential people.
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.
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, a Sudanese-born billionaire philanthropist, says the Ebola outbreak in West Africa has once again painted the entire continent as a disaster zone.
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.
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.
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 has launched a new simplified version of its mobile app called Facebook Lite, and it’s targeted toward Android users in developing countries.
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 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.