The Ministry of Finance and Economic Development has announced that Ethiopia’s Gross Domestic Product (GDP) has reached 1.5 trillion birr, and registered an estimated 10.3 percent economic growth last Ethiopian.
Angola’s recent election to the UN Security Council is part of a wider bid to polish its veteran president’s image and transform the fast emerging oil-rich country into a regional.
Finance Minister Nhlanhla Nene says major structural shifts to the economy are being implemented in order to accelerate growth. Addressing the National Assembly when he tabled the Medium Term Budget.
In the Malian capital Bamako, mobs screamed welcoming president, Ibrahim Boubacar Keita, who returned from China in early September. The popular reception was related to China’s commitment to make unprecedented investments,.
To make it big in Africa, a business must succeed in Nigeria, the continent’s largest market. No one said it would be easy IN 2001 MTN, a fledgling telecoms company.
Angola is set to take over from Nigeria as Africa’s largest crude oil producer come 2016 to early 2020s, as a result of crude theft and regulatory uncertainties persist in.
A number of African central banks are applying to the Chinese Central Bank for currency swaps, with Zimbabwe and Ghana already using the RMB as part of their reserve currency..
World Bank Group has described Nigeria as one of the most expensive and difficult places to register and acquire property for businesses in the world. This much was contained in.
Africa’s oil and gas potential will grow significantly over the next two decades, driven by population growth, urbanization and the emergence of a wealthier middle class on the continent. Six.
Last month’s U.S-Africa Leaders Summit concluded on a high note with lots of promise for improved trading between both regions; however the re-authorization of the American Export-Import Bank remains the.
