The emergence of the middle class can only be sustained if strategies are put in place that expand prosperity for all.
Rising oil prices will affect African economies differently, depending on whether they are net exporters or net importers of the commodity.
The emergence of the BRICS as major global players has raised hope that a win-win partnership could foster the development of the continent.
Recognising the informal sector’s role as a profitable activity may contribute to economic development.
Remittances by African migrants play an important role as a source of financing and foreign exchange for African households and countries.
Africa’s power sector is facing many challenges, mainly due to insufficient generation capacity, which has limited electricity supply, resulting in low access.
Africa, which produces more than 60 metal and mineral products, has a huge potential with respect to mineral reserves exploration and production.
“Africa represents a market opportunity for global M&A players to geographically diversify their capital away from traditional markets such as North America, Europe and more recently Asia.”
In recent weeks, three of the world’s largest central banks namely the U.S. Federal Reserve, the European Central Bank and the Bank of Japan embarked on a new round of monetary easing.
In most African countries, the urgent need for development in agriculture and the lack of fiscal space to support capital intensive projects has facilitated large-scale land deals.