Chinese Yuan and US dollar compete in African markets
10/10/2014A 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..
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Africa
Business & Economy
World Bank ranks Nigeria among most expensive places to invest
06/10/2014World 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.
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Africa
Business & Economy
Africa’s oil and gas potential: Boom or hype?
25/09/2014Africa’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.
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Africa
Business & Economy
US-Africa Future: Timely Authorization Of ExIm Bank Imperative
23/09/2014Last 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.
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Africa
Business & Economy
How Africa Is Becoming A Big Technology Player
15/09/2014Over the last several years, technology trends have shifted dramatically with Africa and China becoming big industry players. “China has really transformed itself; it is now the largest global manufacturer..
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Africa
Business & Economy
Nigeria Economy Not Hurt By Ebola Outbreak – Finance Minister
12/09/2014The Ebola outbreak in West African countries is not seriously affecting the Nigerian economy, Finance Minister Ngozi Okonjo-Iweala said. Nigeria, Africa’s biggest economy, has recorded 21 cases of the virus, and.
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Africa
Business & Economy
Featured
Ghana Sells $1B Eurobond Amidst Fiscal Difficulties
12/09/2014Ghana sold a $1 billion Eurobond on Thursday at a coupon rate of 8.125 percent, lower than analysts had expected given the fiscal difficulties faced by the West African producer of cocoa,.
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Africa
Business & Economy
Hyundai Targets Greater South African Market Share With New Plant
08/09/2014South Korea’s Hyundai Motor Company, through its subsidiary, Hyundai Automotive South Africa has opened a new plant in Benoni, Guateng, as it looks to consolidate its position in a very.
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Africa
Business & Economy
World Bank Report: Digital Payments Vital to Economic Growth
29/08/2014Washington, DC —Gates Foundation and Better Than Cash Alliance urge governments in Africa to embrace digital financial services, offers concrete action steps Integrating digital payments into the economies of emerging.
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Africa
Business & Economy
Africa’s Telecoms Market To Hit $65bn By 2018
27/08/2014Sub-Saharan Africa’s Telecommunication market is set to maintain positive returns as service revenue is predicted to top $65 billion by 2018. According to market intelligence specialists, Analysys Mason, the African telecoms.
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