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 09:21:00 | by: Andrea Ayemoba | hits: 3866 | …

Africa

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

World Bank

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 …

Entrepreneurship

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

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

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

F (L-R): Honourable Ken Ofori-Atta, Minister of Finance and Economic Planning, Republic of Ghana; Rosa Whitaker, President & CEO, The Whitaker Group …

Economic Development

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 …

Entrepreneurship

Business | Lifestyle | Travel

LIFESTYLE<p>Many people associate South Africa with safaris, the Big Five, the buzz of cosmopolitan Johannesburg, or the beauty of Cape Town and its …

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

[Citizen] Two Tanzanian entrepreneurs: Hadiya and Mzuzi. Hadiya built a successful micro-business taking advantage of mobile money services, …

Entrepreneurship

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 | ESI

“Africa’s energy potential is as enormous as its electricity deficit,” says African Development Bank (AfDB) President, Akinwumi Adesina.Adesina said …

Off-grid

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 …

The Answer to Africa

Aid and Investment<p>The Answer to Africa<p>The migrant crisis and a bleak economic outlook for Africa have pushed aid for the continent to the top of the …

Africa

In Africa, the opportunism of private-equity investors aligns nicely with doing "social good"

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 …

Private Equity

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 …

Germany vows to twin security, development drives in Africa

Defence Minister Ursula von der Leyen said a growing exodus of migrants from Africa over the past two years demonstrated the urgent need to work more closely with African countries to boost their development, economic growth and security.<p>"We have understood the wake-up call of the last years. Years …

Angela Merkel

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 …

Startups

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

1 / 2<p>The Plateau commercial district of Abidjan, Ivory Coast is seen in 2014<p>The Plateau commercial district of Abidjan, Ivory Coast is seen in 2014 …

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 …

Income Tax

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 …

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

The dollar crunch, negative perceptions and high costs – here is how some companies are getting around these challenges.

Economic Development

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 …

FinTech