Sunday, August 25, 2019
DJIBOUTI, Republic of Djibouti Private investors fear investing in infrastructure for the continent, warned a top African economist on Monday. Carlos Lopes, former head of the UN’s Economic Commission for Africa and now a professor at the University of Cape Town,...
The lender sees risks to its 2.4 percent estimate for 2018 “as being tilted to the upside,” Goldman economist Andrew Matheny said in an emailed note. Goldman increased its prediction from 1.5 percent after Cyril Ramaphosa was elected as...
Dr Jumoke Oduwole, the Senior Special Assistant to the President on Industry, Trade and Investment‎, says the Federal Government is committed to ensuring Ease of Doing Business in Nigeria. Oduwole said this on Tuesday, during a stakeholders sensitisation workshop held...
President Mokgweetsi Masisi wants to increase foreign investment and create more jobs for almost one in five people. Botswana’s new leader wants to shrink the civil service, sell state companies and cut red tape as he targets increased foreign investment. President...
A flood of money from private pension funds has driven a 33 percent surge in Ghana’s benchmark stock index this year, giving the West African country the world’s best-performing equities.  The government in December transferred 3.1 billion cedis ($690 million)...
The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous – and that thus increases the system's vulnerability to destabilizing shocks. Yet...
Rwanda will be soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector. As part of this effort, a French Fintechfirm is in the process of setting up shop in Rwanda, The New Times has...
Demand for Ghana’s $2 billion of Eurobonds exceeded supply four times as the West African country convinced investors about its economic turnaround story, the Ministry of Finance said. Ghana got more than $8 billion of bids after marketing the debt...
Chinese Foreign Minister Wang Yi begins his multi-nation trip to Africa with a stop in Rwanda. He told President Paul Kagame China stands ready to help the country in its development agenda. The two countries also agreed to increase political...
Disillusioned by the economic leadership of Robert Mugabe, the people of Zimbabwe are looking to their new President Emmerson Mnangagwa to bring the country back from the brink of disaster. And for business owners the need for help is critical. Al...
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