Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing without the costs of transitioning from fossil fuel-based factories, McKinsey & Co. said....
Remittances to African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion in 2021, due...
Zambian opposition leader Hakainde Hichilema scored a shock landslide victory in the nation’s presidential election, sending the southern African nation’s Eurobonds and currency higher. Hichilema beat...
Following the negative effect of COVID-19 on African economies in 2020, the world’s leading data and analytics company, GlobalData, has predicted a healthy 3.8 percent growth...
It has been brought to the attention of the African Continental Free Trade Area (AfCFTA) Secretariat that our strategic partner, a leading African financial institution supported a...
A new focus report produced by Oxford Business Group (OBG), in partnership with the international brokerage network Groupe Ascoma, will explore the increased focus on compliance,...
The Africa Renewable Energy Fund II has achieved its first close at €130 million, following a joint investment of €17.5 million from The Sustainable Energy Fund...
Africa’s agri-food systems must be transformed to make healthy diets more affordable for Africans. That is the central message of a new report launched today by the Food...
Significant funding shortfalls across East and Southern Africa, as well as the Middle East, have forced ration cuts upon some of the world’s most vulnerable people...
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed...