Business in Africa

By Initiative for Global Development (IGD) | Harness the power of business as the engine for Africa's economic development

[Nigeria] Data experts, MainOne, extends reach across West Africa with new countries

[Nigeria] Data experts, MainOne, extends reach across West Africa with new countries 08-05-2017 11:21:00 | by: Andrea Ayemoba | hits: 1031 | …

African digital startups to receive $1.5m funding from World Bank - Tribune

Kosmos Energy holds Agritech Exchange for young entrepreneurs

header() --><p>Business News of Tuesday, 4 April 2017<p><b>Source:</b> citibusinessnews.com<p>Kosmos Energy, one of Ghana’s Jubilee Partners has held a two day event …

East Africa: Cheap Chinese Goods Eat Into Kenya's EA Export Market

[Nation] Kenya's status as an exporter of products to the East African market continues to be undermined by cheap direct imports from China, …

Economics

AfDB commits $24bn towards agriculture

<b>Dr Akinwumi Adesina</b><p><b>Business Editor</b><br>THE African Development Bank (AfDB) has committed $24 billion towards food production on the continent in the next …

2017 Outlook and Opportunities: An Afternoon Reception and Discussion with Finance Ministers from Africa's Growth Economies

How can we make sure that Africa realizes its potential to be a key driver of global growth in what many economists fear is a period of protracted …

SMEs tipped on how to survive

Small-and-medium enterprises (SMEs) should be given more support if they are to play a big role in efforts geared at finding solutions for community …

10 Ways Young People Are Reinventing Agriculture In Africa

<b>Hydroponics</b><p>Young farmers are leaving behind traditional farming methods and opting for more innovative methods. Hydroponics is planting without the …

AfDB to Launch Investment Fund for Female Entrepreneurs in Morocco

Rabat – <b>The African Development Bank has announced that it will launch an Investment Fund for Female Entrepreneurship in Morocco.</b><p>In collaboration with …

Africa: What Tanzania Should Do to Accelerate Growth and Deepen Financial Inclusion

opinion<p>Two Tanzanian entrepreneurs: Hadiya and Mzuzi. Hadiya built a successful micro-business taking advantage of mobile money services, including …

How are SMEs adapting to junk status landscape

Ratings agencies Standard and Poor’s (S&P) and Fitch Ratings have both recently downgraded South Africa’s sovereign credit rating to junk status, …

AfDB drives uptake of off-grid energy

Adesina said this while addressing investors at the recently concluded Energy Week conference, held at the Bank’s headquarters in Abidjan, Côte …

Smart cities in Africa: Nairobi and Cape Town

All successful smart cities benefit from the monetisation of municipal services.

Smart Cities

Persistence is the important key to success in Africa

At the inaugural Enterprise Africa Summit that was recently hosted by the British Council in Accra, Ghana, I was fortunate enough to land a taped …

How to Solve Africa's Economic Growth Problem?

The migrant crisis and a bleak economic outlook for Africa have pushed aid for the continent to the top of the political agenda in Europe. And the …

In Africa, the opportunism of private-equity investors aligns nicely with improving social welfare

Abidjan, Côte d’Ivoire<p>Arguably, the turning point in the 2012 US presidential elections between incumbent president Barack Obama and Mitt Romney was the leaking of a recording of the former Utah governor’s infamous “47%” comment.<p>The comment was a reference to a certain segment of US society being …

Ivory Coast

Africa’s premier infrastructure investment bank

Dedicated African infrastructure investment institution, the African Finance Corporation, has spent the last 10 years investing in projects on the …

Ivory Coast

Germany vows to twin security, development drives in Africa

BERLIN (Reuters) - Germany's defense and development ministers pledged on Wednesday to jointly work to bolster security, peace and development in Africa, citing massive challenges related to population growth as well as big economic opportunities.<p>Defence Minister Ursula von der Leyen said a growing …

Lagos is Africa's most valuable startup ecosystem

© Andriy Popov via 123RF<p>The recently released Global Startup Ecosystem Report and Ranking 2017, produced by Startup Genome in collaboration with the …

Agriculture, solid minerals can pay Nigeria’s debt — Ogbeh

<b>Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, says foreign exchange from agriculture and solid minerals could service the</b> …

AfDB: Implementation of $280m Enable Youth Programme commences soon

The African Development Bank (AfDB) says it will soon commence the implementation of the $280 million `Enable Youth Programme’, to promote youths’ …

South Africa: Learners Encouraged to Study Maths, Science

Pretoria — Public Enterprises Minister Lynne Brown has encouraged pupils in George in the Western Cape to study maths and science in order to close …

Plan to nurture African economies unites fractious G20

Baden-Baden (Germany) (AFP) - Ministers from the world's top economies heralded plans to boost development in Africa on Saturday, at an otherwise …

Need for SME finance sees arrival of FinTech lenders

The lending landscape in South Africa is transitioning. Taking the lead from their global counterparts, there are a host of smaller FinTech lenders …

Morocco Set to Become ‘Main Economic Hub’ in Africa- AfDB

The African Development Bank (AfDB) issued a report on Morocco’s efforts to strengthen economic ties with African countries, noting that the Kingdom …

Africa

Business leaders share how they are dealing with some of Africa's current challenges

By on'13 March 2017' in Business Advice, Nigeria<p><b>Geopolitical events, fallen commodity prices, and slower global growth are all factors that have</b> …

G20 finance ministers must invest in education, employment and empowerment or Africa's demographic dividend will yield more global insecurity

<b>* Any views expressed in this article are those of the author and not of Thomson Reuters Foundation.</b><p>When the G20 finance ministries convene in …

What influences foreign direct investment into Africa

What influences foreign direct investment into Africa<p>Africa needs to focus on improving infrastructure, technological readiness and health and …

Visa sees mobile as a route to financial inclusion

Senior staff from global payments firm Visa have said mobile solutions could be a powerful tool in increasing financial inclusion, particularly in …