Business Activity Declines for the First Time in Seven Months
Africa Markets

Business Activity Declines for the First Time in Seven Months

Business activity declined for the first time during the past seven months, the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the 50.0, posting a reading of 49.8 from 51.2 in December 2020. Uganda Purchase Manager’s index declines from 51.2% to 49.8% (by 1.4) New orders and employment fall Companies optimistic regarding 12 months outlook […]

Africa Markets

COMESA Institutions, CBC and TDB, Partner for the Validation of the Regional Digital Integrated Common Payment Policy for Micro, Small and Medium-sized Enterprises (MSMEs)

Kigali Rwanda, Wednesday 20th January 2021: “The digital payment system platform dividend for COMESA and Africa at large, can be enormous with potential gains in growth of regional trade (sourcing and supply) which is currently below 20%. But turning this vast potential into reality will require the collective efforts of our governments, the private sector, […]

Africa Markets Wellness

Pfizer Appoints Patrick van der Loo as Regional President for Africa and the Middle East

Dubai, United Arab Emirates, 11 January 2021: Pfizer announced today the appointment of Patrick van der Loo as Regional President for Africa and the Middle East (AfME) region. Patrick’s Pfizer experience spans more than 20 years in leadership roles with multiple successes across geographies.  In his new role as Regional President for AfME, Patrick will […]

Africa Markets Opinions

How Africa Can Self-Finance its Economic Recovery

Alain Ebobissé, CASABLANCA – For Africa, the COVID-19 pandemic will likely mean negative GDP growth at unprecedented rates. In addition, several African countries are dealing with the aftermath of a commodity price collapse – another key contributor to current recessionary trends. The continent must now navigate economic recovery while building resilience to future shocks. From strengthening the healthcare […]

Industry Markets

IsDB and Standard Chartered Bank in A Framework Agreement for Cooperation

IsDB President Dr. Bandar Hajjar and M. Sunil Kaushal, CEO for Africa and Middle East, Standard Chartered Bank (SCB), signed a Memorandum of Agreement to participate in IsDB’s Restore Track Program aimed to supporting IsDB’s member countries’ private sector through stimulus packages to the economic sectors most impacted by the CoVID19 pandemic. This agreement leverages […]

Africa Markets Opportunities

Africa’s Portal TO DOING BUSINESS WITH THE United States

Overview This Virtual Summit, the first and the largest of its kind convenes thousands of c-suite executives and decision-makers at African businesses, large and small, to present to you, from the highest ranks, the ways in which the U.S. can assist in growing your businesses through trade, investment, and technical assistance. Objective Designed specifically to […]