The Nairobi Securities Exchange expects its first exchange traded fund (ETF) to be approved by the regulator this year and trading to start soon after.
Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.
Seven years ago, when Jason Njoku moved back in with his mother into their public housing apartment in Deptford, southeast London, he felt like a failure.
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.
Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya.
In Zambia, one of their blogs is the undisputed arbiter of style. In South Africa, one of their apps is the gateway to private beaches and pop-up dining.
Nigerian novelist Chimamanda Ngozi Adichie warned in 2009 about the danger of hearing a “single story” about a person, country or continent.
Kenya plans to begin constructing its first nuclear power plant at a cost of $5 billion by 2021 as the country seeks to bring down the cost of electricity.
Car-hailing app Uber has frequently attracted controversy — whether over workers’ rights, management practices and its attitude to regulation.
MTN Group Ltd. Executive Chairman Phuthuma Nhleko sold shares worth about 123 million rand ($8.8 million).
Three years ago, MallforAfrica joined the raft of Nigerian tech start-ups attracting private equity and venture capital backing.
Deputy President Cyril Ramaphosa saw his chances of becoming South Africa’s next leader increase on Thursday.
Global Alternative Asset Manager The Carlyle Group announced last week that it has agreed to acquire a majority share of CMC Networks.
The African growth story is no longer a fairy tale. Over the past decade, multinational companies, private equity funds and infrastructure development programs have channeled capital to the continent.
LeapFrog Investments, a leading specialist investor in emerging markets, today announced its acquisition of a USD 22m majority stake in Kenya’s GoodLife Pharmacy.
Between 2010 and 2016 H1, there were 167 reported private equity deals in East Africa totaling $1.4 billion.
African private equity is having its moment in the sun, with pension funds on the continent ready to invest in their own backyard as investment banks continue to retreat from lending and domestic strategies mature.
It’s been a tough year for Nigerian President Muhammadu Buhari. The mood in Africa’s most populous nation is a far cry from the euphoria that greeted his historic 2015 election.
On the streets of Lagos, motorcycles, cars and daredevil cyclists weave through the lanes, jostling for space to avoid getting stuck in the chaotic traffic jams.
Facebook is building a team of young executives to win digital advertising dollars from small and medium sized businesses across Africa’s major markets.
The US of A, a nation located in the center of the North American continent, is shaken by its latest electoral results.
South Africa’s major urban cities remain the most visited in the African continent, attracting millions of tourists, boosting local tourism and injecting billions of dollars into the economy.
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.
In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets.
Ericsson is betting that fast-growing demand for mobile Internet services in sub-Saharan Africa will also boost sales for the world’s biggest mobile telecoms equipment maker.
Nigeria outlined a plan to overhaul state oil company NNPC and eventually list it on the stock exchange in a bid to modernize and streamline the industry.
While on a road show for US clients, Bryan Leith, chief operating officer of KPMG’s global Africa practice, sat down with Global Finance to discuss the continent’s economic prospects.
Africa is expected to cross 1 billion mobile subscriptions in the fourth quarter of 2016, reaching 1.02 billion by year-end, according to global advisory firm Ovum.
Iconic $110 million Hilton Nairobi Upper Hill marks Hilton Hotels & Resorts’ 50th property in Africa.
Tourism should be an easy win for emerging market (EM) and frontier market (FM) economies with weakened currencies, and cheap jet fuel; an opportunity that we think is being missed.
With more than half the population of Africa under the age of 18, networks are looking for more ways to target young audiences with cross-platform content, hoping to grow today’s generation of increasingly connected African youths into tomorrow’s brand-loyal consumers.
Renowned novelist Chimamanda Ngozi Adichie shuts down nonsensical argument being made by the American Spectator’s editor in chief American R Emmett Tyrrell.
Portfolio flows into Africa may be falling but this marks a readjustment in the way investors interact with the continent, says Chinelo Anohu-Amazu, Head of Nigeria’s National Pension Committee (PenCom).
While many countries are registering a sharp slippage in economic growth, East African economies, Ethiopia included, are expected to deliver above 6 percent economic growth, the World Bank has said in its latest report.
The idea that African economies are on the way up first became popular around 2010, buoyed by a commodities boom and improved governance across the continent. Now, with flat commodity prices and slowing demand from China, the narrative of “Africa Rising” has mostly fallen out of fashion.