Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.
By Zeenat Moorad 5 Nov 2013 09:50
The Morocco government, earlier this week, held closed door discussions with senior Kenya government officials in an effort to overcome barriers of trade between the two sea-port endowed countries. The talks, lasting an hour, were held in the sidelines of a business exchange visit to Nairobi by over 106 Moroccan investors under the banner of the Maroc Export Promotion Centre.
26 Jun 2013 11:48
The rapid growth of Único Bank justifies this award to João Figueiredo, chairman and CEO of Único Bank, and has captured the eye of South Africa financial giant, Nedbank, who recently made an offer to buy a 36.4% stake in Único.
30 May 2013 12:10
The 48th Annual Meetings of the African Development Bank (AfDB) opened today, 27 May 2013 in Marrakech, Morocco, focusing on the need for Africa to turn economic growth into truly shared and sustainable economic transformation in the next half century.
27 May 2013 12:12
Africa's top bankers gathered in Arusha, Tanzania, to celebrate the 6th edition of the African Banker Awards, under the patronage of the African Development Bank (AfDB). Olusegun Agbaje, managing director of Guaranty Trust Bank, Nigeria scooped the prize for African Banker of the Year.
31 May 2012 13:20
The African Banker Awards has released the shortlist of nominees for the 2012 competition. The winners will be announced at an awards ceremony on 30 May 2012, which makes its debut in Africa. This year's event coincides with the annual African Development Bank (AfDB) meetings in Arusha, Tanzania
24 Apr 2012 16:14
2011 was the year of the protester. But instead of discussing the bored trustafarians who 'occupied' the world lest they be denied something for the first time in their lives, I'd like to focus on the Arab Spring. How did it happen? And what can we as marketers learn?
By Eugene Yiga 13 Apr 2012 09:39
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
The African Banker Awards have released the shortlist of nominees for the 2011 competition. The winners will be announced at the awards ceremony on the 23rd September in Washington DC, during the World Bank/IMF meetings.
26 Aug 2011 10:58
CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
14 Jun 2011 12:00
A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed.
By Herman Manson: @marklives 12 May 2011 18:55
Consumer confidence in Nigeria and Kenya - two of Africa's leading economies - has significantly increased in the past six months, while Morocco experienced a slight decline and Egypt's index recorded a level below 50, a MasterCard Worldwide Index of Consumer Confidence released last week in Johannesburg has revealed.
By Issa Sikiti da Silva 31 Jan 2011 07:10
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010 06:22
Modified irrigation practices have decreased water usage for crops by 40% in the Beni Mellal region of Morocco, while increasing wheat crop yields by 50% to 80% since 2004.
By Amy Lieberman 31 Aug 2009 10:44
Only one African retailer other than those out of South Africa has achieved a world ranking - and that retailer is in Kenya.
By Carole Kimutai 20 Jun 2007 11:47
Bayer has announced that it has agreed to acquire Roche Consumer Health. By acquiring this business Bayer will become one of the top three over-the-counter (OTC) consumer health companies worldwide.
21 Jul 2004 13:54
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