Sub-Saharan Africa’s fastest growing economies in 2022 Published by Staff Writer on 2 November 2022 The DRC, Niger, Rwanda and South Sudan, along with the island nations of Seychelles and Mauritius, are set to be the region’s fastest growing economies this year.
Special economic zones – game changers for Africa’s growth? Published by Bonface Orucho on 31 October 2022 From Morocco to Mauritius, African countries are creating special economic zones to accelerate and diversify economic growth.
Africa’s airline industry reorganises to boost profitability Published by Conrad Onyango on 26 October 2022 After being battered by Covid-19, African airlines are re-modelling operations to increase connectivity, traffic volumes and profitability.
Seven African cities will have populations of over 10 million by 2050 Published by Jaco Maritz on 23 October 2022 An additional four African cities – Dar es Salaam, Nairobi, Khartoum and Luanda – will reach megacity status within the next three decades.
African free trade area gets real Published by Seth Onyango on 13 October 2022 Kenya’s recent twin shipment of batteries and tea to Ghana – the first from an East African economy under the African Continental Free Trade Area – has injected fresh impetus into the fledgling free trade initiative.
Burj Zanzibar: A Dubai-style construction boom Published by Seth Onyango on 13 October 2022 Zanzibar is undergoing an infrastructure overhaul
Kenya’s public power company backing electric vehicles Published by Conrad Onyango on 5 October 2022 The country’s public utility firm, Kenya Power, is leading the switch to electric vehicles.
Africa’s VC industry logs record number of deals in first half of 2022 Published by African Private Equity and Venture Capital Association on 5 October 2022 Africa’s innovation ecosystem has seen a highly eventful start to the year.
Nigeria is producing less and less oil. Here’s why Published by Wale Fatade on 27 September 2022 Nigeria’s oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per day (bpd) in August 2022.
High fuel and fertiliser costs contributing to food inflation in Africa Published by Jaco Maritz on 22 September 2022 In August 2022, Zimbabwe recorded Africa’s highest food price inflation of 353%, while other countries with elevated food inflation include Ethiopia (36% in July) and Rwanda (34.4%).
Commercial ties between Africa and Singapore have never been stronger Published by Alec Macfarlane on 19 September 2022 From agribusiness to financial services, there are now more than 100 Singaporean companies in Africa.
Influx of affordable devices in Africa fuels adoption of 5G smartphones Published by Conrad Onyango on 13 September 2022 The number of 5G devices shipped to the continent rose significantly in the second quarter of 2022 as vendors intensified their battle to grow market share.
Global realignment – an opportunity for Africa? Published by Seth Onyango on 2 September 2022 Simmering rivalries and strategic shifts between superpowers and their allies are offering Africa more geopolitical and economic agency, as it seeks to avoid the pitfalls of the past.
Waiting for Ethiopia: Berbera port upgrade raises Somaliland’s hopes for trade Published by May Darwich and Jutta Bakonyi on 28 August 2022 The infrastructure project means a great deal to Somaliland, promising to put the country on the path to international recognition and achieve economic development.