Saturday, September 22, 2018

Forex Africa: It’s A Currency Rout Across Sub-Saharan Markets

As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all...

10 thought-provoking quotes from the 2015 World Economic Forum on Africa

"When you look at the challenges and opportunities that Africa faces, it is very clear that these challenges cannot be addressed and resolved by...

Barclays Africa CEO on taking the continent’s capital markets to the next level

While the World Bank estimates that sub-Saharan Africa needs to spend about US$93bn annually on infrastructure, this is often talked about in terms of...

MasterCard Targets $1.6B Somalia Remittances Business

MasterCard Worldwide this week started issuing credit cards in Somalia in a bid to tap the $1.6 billion annual remittances business that has been...

Kenya Cancels Somalia Flights

Kenya government has cancelled daily flights to Somalia for undisclosed time, a source in Kenyan capital Nairobi has confirmed to Radio Dalsan. It is not...

AfDB votes for president to guide bank through changing climate

Insiders said member states are divided on whether the AfDB should further concentrate its focus on attracting private financing to large-scale infrastructure projects or...

South African Deputy President To Earn At Least $200 Million From Sale Of Investment...

South African Deputy President Cyril Ramaphosa, who featured in FOBRES’ annual ranking of the richest Africans between 2011 and 2013, has successfully sold off...

Africa’s Richest Man Commissions $500 Million Cement Plant In Ethiopia

Dangote Cement, the cement producer controlled byAliko Dangote, Africa’s richest man, has commissioned a $500 million cement plant in Ethiopia. The cement plant which has...

KSA eyes Djibouti, Nepal labor markets

Minister of Labor Mufrej Al-Haqabani and ministry officials will hold meetings on the sidelines of the International Labor Organization meeting in Geneva with labor...

What To Expect From The WEF-Africa 2015 In Cape Town

https://www.youtube.com/watch?v=WrFrwJzhwXs Business leaders from across Africa and the rest of the world are meeting in Cape Town, South Africa, to debate past progress and future...

Latest article

Regulation of Somalia’s Mobile Money Market Can Spur Innovation in Financial Sector Development

Somalia’s economy has grown modestly between 2013 and 2017, with real annual gross domestic product (GDP) growth averaging 2.5%, according to the new economic...

Report: Google suppressed an explosive memo about its Chinese search engine

Google's prototype may have been designed to track citizens. Every time we hear a new report about Google's alleged censored search engine for China, it...

Kenya: No place for complacency on Shabaab threat

The Somalia-based Al-Shabaab militant group remains a potent threat to security in the region, although its capacity to stage regular attacks in urban areas...