Economic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades in 2016, according to the new Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank.
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.
Ekene Okechukwu is Founder of Bargainmasterng.com, Nigeria's social marketplace for online sellers and buyers.
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.
Oxford professor Mark Graham, addressing the 4th UNI Africa Conference in Dakar, Senegal, warned of the danger of ‘parasitic capitalism’ where digital companies give little back to the places where they are embedded and platform workers are left to fend for themselves.
Increased Infrastructure, Labour-Intensive Manufacturing Key to Africa’s Industrial Competitiveness - Afreximbank President
Labour was competitive in Africa but was not a tradable asset, the President noted, adding, “at this stage, it might be better to import fabrics and transform them into garments or to produce and assemble other labour-intensive light-manufacturing goods rather than processing raw materials in a way that may not enable Africa to compete globally”.
EdTech is the use of digital education technology to facilitate teaching and learning. It’s a rapidly expanding sector with enormous potential. Providers around the world are now incorporating education technology into their delivery strategies.
African Business magazine in partnership with Brand Africa, Brand Finance, GeoPoll and Kantar TNS has released the results of the Top 100 brands in Africa.
The parlous story of African economic and social development since independence best expressed in the failure to achieve the autonomous capacity for self-actuated development and in particular to create conditions of national and continental modern mass production and prosperity is well known and need not be repeated.
[Column] Debbie Goodman-Bhyat: Visible shift from expat to local for multinational leadership teams in Africa
Global multinationals throughout Africa are increasingly filling their top leadership teams with executives from the continent – a move away from the historical trend of appointing mostly expats to key positions.
International express services provider, DHL Express, has published research highlighting the significant growth opportunity for retailers and manufacturers with an international online product offering.
Nigeria’s exchange rate policy has been a blessing to some and a burden to many. Nigerians that earn in foreign currencies have had more than a 200% increase in their purchasing power in the last 2 years.
Korede Ologun of Helix Securities Limited interviews with Africa Business Communities on past and present economic situation in Nigeria:
Telecoms specialist adviser Analysys Mason has completed its annual series of Connected Consumer surveys analysing mobile customer behaviour in Sub-Saharan Africa
Kayode Olusola Lawal is CEO of Associate Box, a digital marketplace for African techies. Nigeria Business Communities interviews him:
I stopped making New Year resolutions some years ago. I'm one of those If you think something is wrong, why wait till a new year to try and fix it? kinda people.
The Federal Government of Nigeria’s plan to ban rice importation in the country by 2017 is ill-advised and would eventually backfire on its increasingly dire economy.
African tech startups funding rises 17% in 2016; South Africa, Nigeria, Kenya most popular investment destinations
A report released today by Disrupt Africa, Disrupt African Tech Start Up Funding Report, showed that 146 startups from across the African continent raised $129,133,200 in funding over the course of 2016.
Urenna Onyewuchi is Chair of the IEEE PES Power Africa Steering Committee and the Chair of 2016 IEEE PES Power Africa Conference. She leads a team of experienced PES members in steering IEEE PES activities in Africa, including the conference coming up in Ghana this year in June.
The federal government of Nigeria believes substitute sources of revenue generation will grow the economy out of its current situation provided areas such as Agriculture and Manufacturing are ventured into passionately.