The “Giant of Africa,” Nigeria, is quickly establishing itself as a major economic force on the international scene. Nigeria is positioned to play a key role in the global economy because of its expanding population, wealth of natural resources, booming […]
South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s World Economic Outlook envisions South Africa’s gross domestic product reaching $401 billion based on current prices […]
Since the private sector is directly involved in cross-border trade, it is a major stakeholder and beneficiary of the AfCFTA. Thus, to better understand how African businesses are approaching the AfCFTA and, more importantly, how the AfCFTA can best support […]
The International Financial Corporation (IFC) will provide Egypt’s Banque Misr with a $234 million loan to support small, and medium-sized enterprises (SMEs), with half of the funding allocated for women-led businesses. The partnership will help create jobs, boost economic growth, […]
When Zhen Hua 15 — a heavy load cargo carrier sailing from the East China sea — unloads at Vizhinjam port this Sunday, it’ll do more than just set down the site’s first gigantic cranes. It’ll also put India on […]
For the past three decades, China has been on the upswing of a supercycle that saw an almost uninterrupted expansion of the country’s capacity to manufacture, appetite to consume, and ability to project power across the world economy. The Chinese […]
Fitch Ratings has revised the Outlook on state-owned Development Bank of Rwanda PLC’s (BRD) Long-Term Issuer Default Rating (IDR) to Stable from Negative, and has affirmed the IDR at ‘B+’. This follows similar rating action on the Rwandan sovereign. A […]
Dubai is home to 15 billionaires and more than 200 centi-millionaires and is expected to be one of the fastest growing cities for the ultra-rich in the next 10 years, according to a report by Henley & Partners. The residency […]
Standard Chartered has published its Future of Trade: Africa report, highlighting the outlook for African trade and providing a view of the African Continental Free Trade Area (AfCFTA) as a key proponent of optimising intra-African trade. The report finds that […]
Nigeria is a vast and active country with a rapidly expanding economy. It is home to a number of profitable industries that provide opportunities for both entrepreneurs and investors. Nigeria has flourishing industries and drawing investors, entrepreneurs, and professionals. From […]
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