United Nations Conference on Trade and Development (UNCTAD) News

Travelers at Johannesburg's OR Tambo International Airport

African countries are welcoming more tourists than ever before

Africa’s tourist spots were some of the fast-growing and popular destinations in the world last year.

Johannesburg skyline | Source: Shutterstock

South Africa still leads the rest of Africa on foreign investment

Despite an overall deceleration in growth in recent years, South Africa leads as the top destination in Africa for inward foreign direct investment (FDI) and shows clear economic potential, according to new research from fDi Markets.

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.

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.

Paul Cleal, Chairman, PwC Africa

PwC looks to tap rise of Africa

PwC plans to ramp up its investment in Africa and build closer links between its UK and African operations as British companies look to tap into the rapidly expanding growth of the continent.