Africa is on the brink of a major transformation. In the last decade, the continent is home to six of the world’s 10 fastest growing economies, and the number is expected to rise to seven in the next five years, according to projections by the International Monetary Fund (IMF).



These projections are coming on the heels of the outlook for the region, which remains…

Some 300 CEOs from all over Africa, together with 100 bankers and investors, and numerous decision-makers from Africa’s public sector will be gathering in Geneva for two days of dialogue and debate.



After more than a decade of uninterrupted growth, Africa now stands as one of the most promising economic zones of the world, set against the background of general crisis in Europe and the United…

As their mainstay export markets in the rich world shrink due to the euro zone debt crisis and the economic woes of the United States of America, developing Asia-Pacific countries are realizing the importance of trade with the fast growing markets of Africa and Latin America and the Caribbean (LAC).



ESCAP estimates show that imports by developing Asia-Pacific countries from Africa and the LAC region grew 17-fold and 26-fold, respectively, between 1990 and 2010 with an even larger…

This report is the third annual report produced by the North Africa regional office of the African Development Bank.. This year, the focus of the report is on the underlying challenges the region faced before the Arab Spring, and further explores how the political transition taking will reshape North Africa, in particular its economic future.



In Chapter One, the report explores the outlook of North Africa’s diverse economies while providing policy recommendations for confronting…

LEAP Africa, a non-for-profit initiative promoting research on leadership and entrepreneurship development, is set to hold its seventh CEOs forum on May 24 at City Hall in Lagos.



The forum theme “addressing the CEO’s Human Resources Challenge” will explore the human resources challenges associated with building enduring organisations. According to Mosun Layode, executive director, LEAP Africa, we…

Investment groups in Kenya are becoming powerful investment vehicles that the government is now looking to tap into for some of the big projects under Vision 2030. There are currently an estimated 300,000 groups, which collectively hold a combined asset base of at least Ksh300-billion.



Popularly known as chamas by Kenyans (loosely translated as “committees”),…

In the last decade, Africa has been on the brink of a major transformation, with six of the world’s 10 fastest growing economies coming from the continent, and the number is expected to rise to seven in the five years to 2015, according to a projection by the International Monetary Fund (IMF). This projection is coming at a time when the rest of the world is confronted with political and economic challenges.



Despite the global economic turmoil, the continent’s economy bounced back…

The Nigerian Ambassador to Japan, Godwin Agbo, has disclosed that currently there are about twenty-two Japanese firms in the country on an investment opportunities seeking mission.



The representatives of the firms, led by the Nigerian Ambassador to Japan, Mr Godwin Agboh met the Minister of State for Trade and Investment, Dr Samuel Ortom in Abuja on Tuesday to seek the support and cooperation of the ministry in their bid to establish profitable business ventures in…

African Development Bank President Donald Kaberuka has advised Nigeria and other African nations to reduce subsidies on products, including fuel, so as to increase their scope for stimulus spending, as Europe sinks into recession.



“In countries where the subsidies are not targeted, we are encouraging governments to reduce product subsidies,” he said in…

Foreign direct investment flow by USA to Ghana for the first quarter of 2012 was US$ 407.21million, making it top the list of foreign sources of investment in terms of value, while China tops the list in terms of number of projects with 12 registered.





This is according to the latest report released by the Ghana Investment Promotion Centre (GIPC) in Accra.





The GIPC during the period under review recorded 95 new projects with an estimated value of US$1.18billion.…