The IMF forecasts a positive growth trajectory for the sub-Saharan African region.
General Electric is in the process of expanding its investments into sub-Saharan Africa as part of the recently announced Power Initiative.
Safaricom has ventured into the restaurant business by launching an M-Pesa payments platform for restaurant bills.
African start-up and mobile phone maker, Mi-Fone, says it is finalising plans to establish a US$30 million manufacturing plant in Nigeria.
Africa’s agricultural market could reach $1 trillion over the next two decades.
With access to capital being one of the challenges most SMEs in Africa face, crowdfunding services have a role to play in helping to tackle this problem.
Pharmaceutical spending in Africa is expected to reach USD30bn by 2016.
Eldoret-Juba road of Kenya and South Sudan will be upgraded and a one-stop border post at Nadapal will be built.
Sub-Saharan Africa continues to be a hotspot for investment banking deals, reports Bloomberg.
The World Bank this week issued its Global Economic Prospects for January 2013, reflecting strong medium-term growth expectations for sub-Saharan Africa, a continuation of the solid growth seen.
Burundi has increased its exports within the East African region by about 15% since joining the bloc in 2007.
Uganda’s oil deposits are 40% higher than earlier believed.
Last week was a watershed moment for Zambia, as the country saw the hugely successful issuance of its debut US$750m record-breaking Eurobond on the international market.
The death of the 57 year old Ethiopian Prime Minister, Meles Zenawi, in a Belgian hospital last week heralded challenging times ahead for Ethiopia.
The need for Africa to diversify its economy from commodities alone has been mentioned constantly by many economic commentators.