Nick O’Donohue CEO, CDC Group Plc and Group Executive Chairman of Liquid Telecom’s parent company Econet, Mr Strive Masiyiwa
Africa Industry

Liquid Telecom gets $180m Investment from CDC Group

LONDON – Liquid Telecom, a pan-African telecoms group, has reached an agreement with CDC Group Plc, the UK’s development finance institution, to invest $180m with the company. This investment will enable Liquid Telecom expand its high-speed broadband connectivity to some of the most underserved communities across Africa, including supporting Africa’s thriving tech start-up ecosystem with […]

Cairo, Egypt. According to African Development Bank’s latest Country Results Brief, Egypt has regained its position as first destination for foreign direct investment (FDI) in Africa.
Africa Industry Opportunities

AfDB Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum

SHARM EL SHEIKH, EGYPT – African Development Bank (AfBD) President Akinwumi Adesina has lauded Egypt’s strong macroeconomic performance, its improved ranking in the ‘Doing Business Index,’ and the success of major projects in which the Bank is supporting. Adesina was speaking during a session at the just-ended Africa 2018 Business Forum held in the Egyptian […]

Nairobi city, kenya. Kenya’s emergence from a period of political uncertainty should see it’s GDP growth rebound to 5.4% this year after it dropped to 4.9% in 2017 (between 2012 and 2016 growth averaged 5.5%).
Africa EAC Industry

Political stability key to Kenya’s economic growth prospects in 2019

NAIROBI – Most African countries are reported to have a positive economic outlook, apart from those with upcoming elections. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q4 2018, launched this week, the accountancy body provides GDP growth forecasts for various regions including […]

The Common Market for Eastern and Southern Africa (COMESA) has marked the 24th anniversary since its transformation from the Preferential Trade Area for Eastern and Southern Africa (PTA).
Africa Industry

COMESA Marks 24 Years since re-branding from Preferential Trade Area

The Common Market for Eastern and Southern Africa (COMESA) has marked the 24th anniversary since its transformation from the Preferential Trade Area for Eastern and Southern Africa (PTA). A high-level COMESA delegation led by Secretary General Chileshe Kapwepwe marked the anniversary in Egypt while attending the Africa 2018 Forum organized by the COMESA Regional Investment […]

The need for African economies to adopt innovative approaches to finance integration and especially infrastructure development also underscored.
Africa Industry

‘African countries must leverage strengths to accelerate integration’

KIGALI – Participants to the 13th African Economic Conference have called for African countries to leverage the full range of their strengths and resources to accelerate the region’s drive towards continental integration. Themed “Regional and Continental Integration for Africa’s Development” the 2018 AEC, jointly organized by the United Nations Development Programme, the United Nations Economic Commission for Africa, […]

L-R: Heads of Communities of Olomowewe, Chief Shefiu Aguda; Idasho Community, Chief Alisan latifu; Imobido Community, Chief Jegede Lateef; Group Executive Director, Dangote Industries Limited, Devakumar Edwin; Aro of Lekki, Chief Adewale Salami; and Baale of Tiye Community, Chief Kayode Mujitafa, during the stakeholder parley between representatives of Lekki Free Trade Zone host communities and Dangote Oil Refining Company in Lagos
Africa Industry Investment Jobs & career Social

Host communities commend Dangote Refinery’s CSR initiatives

LAGOS – Impressed with the provision of communal infrastructures for their communities by Dangote Oil Refining Company (DORC) as part of its Corporate Social Responsibility service, traditional rulers and community leaders from host communities in Ibeju-Lekki Free Trade Zone area of Lagos have expressed appreciation at the timely intervention of the company to their needs. […]

Charles Mkula is a journalist who has worked for a number of newspapers and magazines in Malawi since 1998.
Africa Opinions

Remittances race behind aid and Foreign Direct Investment

LILONGWE- Weakening flows in development aid financing and foreign direct investment (FDIs), two of Malawi’s economic drivers, meet at crossroads amidst a crisis that has left world economies shaking. But, Malawi, determined to drive through its national development agenda and improve the livelihood of its citizens, has positioned its development and financial sectors to attract […]