Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...
NJ Ayuk 4 Nov 2020
Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world, with household consumption growing even faster than GDP...
The Agreement Establishing the African Continental Free Trade Area (AfCFTA) was brokered by the African Union (AU) and adopted by 44 of its 55 member states on 21 March 2018. By February 2019, all AU countries, save for Eritrea, had become signatories to the AfCFTA, which came into force on 30 May 2019...
Robyn Berger, Theunis Claassen and Catherine Robson 30 Jun 2020
Artur Schaback, one of the co-founders and COO of Paxful, shares how the company has adjusted to life under lockdown...
Evan-Lee Courie 19 May 2020
A number of rating agencies have downgraded emerging market economies during the Covid-19 pandemic. Their actions have raised the question: why do so during a crisis?
Misheck Mutize 4 May 2020
Since 2000, European and African leaders have been talking about giving the partnership between the two continents a "new strategic" dimension...
Carlos Lopes 1 Apr 2020
With the novel coronavirus Covid-19 having reached the African continent, countries are getting ready to manage the spread of the virus and ensure that their fragile health systems can cope...
Dorothy Tembo 1 Apr 2020
The African Development Bank's new $3bn Fight Covid-19 Social Bond is the largest dollar-denominated social bond ever launched in international capital markets to date...
Economic growth is driven by a number of factors. These include foreign direct investment, national savings, household spending, fiscal and monetary policies...
Muazu Ibrahim 25 Feb 2020
There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated Eurobonds issued on international financial markets...
Misheck Mutize 20 Feb 2020
One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...
Ilan Noy 30 Jan 2020
We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...
Christopher Michaelson 28 Jan 2020
The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...
Zheng Wang 27 Jan 2020
Member States of the African Union (AU) have a combined population of over 1.2 billion people and gross domestic product of more than $3.4 trillion - yet the continent accounts for less than 3% of world trade...
Andrew Skipper 21 Jan 2020
Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...
Mueid Al Raee 15 Jan 2020
We've compiled our annual #BestofBiz 2019 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...
Infrastructure financing in Africa Africa exceeded $100bn for the first time in 2018, but significant financing gaps still remain...
Africa is ready to absorb more investments. The risk perceptions from the continent, while high, are often exaggerated. And they do not often match what data shows and return performance on investment...
With the right policies and linkages, Africa can become an indispensable global economic hub...
Nigeria recently partially closed its border with Benin in an effort to stem the smuggling of rice. It then went on to close its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively banning trade flows with its neighbours...
Tahiru Azaaviele Liedong 28 Oct 2019
