Africa is becoming increasingly attractive to retailers
Tapping into Africa's fast growing consumer market, African-focused trading firm
CFAO Group has signed up five French retail brands that will open shops in its malls
across the continent.
Intra-African trade: going beyond political commitments
With trade within Africa at just about 11%, experts are calling on the continent's leaders to implement the right policies to boost intra-Africa trade. Africa Renewal's Masimba Tafirenyika explores the obstacles to trade within the continent and identifies what needs to be done to turn the situation around.
Sub-Saharan Africa’s middle class set to boom
Middle-class households in leading sub-Saharan African economies are set to grow from 15-million to about 40-million by 2030, evidence of structural economic growth and a cause for optimism for investors in the region, according to a new report by Standard Bank.
Africa’s growth potential – and its ‘Next 10’ biggest cities
Global investors are increasingly taking note of the untapped potential of sub-Saharan Africa, and most major international corporations are already active in its three largest cities. According to a new report, they should also be getting excited about the region's "Next 10" biggest cities.
SA, Africa’s prosperity ‘increasingly intertwined’
South Africa's prosperity is increasingly intertwined with that of the continent as a whole, Finance Minister Nhlanhla Nene said at the weekend, noting that the rest of Africa accounted for over 15% of South Africa's dividend receipts and over 20% of its exports in 2013.
US to set up leadership centres in Africa
The United States is to set up centres to train Africa's next generation of political and economic leaders - starting next year with centres in Senegal, Ghana, South Africa and Kenya - as it moves to expand US President Barack Obama's Young African Leaders Initiative.
South Africa marks Africa Day
South Africa joined the rest of the continent in commemorating Africa Day on Sunday. Held on 25 May each year, Africa Day marks the anniversary of the formation of the Organisation of African Unity, now known as the African Union, in 1963.
Foreign investment in sub-Saharan Africa on the rise
Foreign direct investment in sub-Saharan Africa is on the rise, with the continent's share of global FDI projects at its highest level in a decade, and improved perceptions making it the second-most attractive investment destination in the world, according to Ernst & Young's 2014 Africa Attractiveness Survey.
Six SA firms named ‘global growth companies’
Six South African businesses were among 16 dynamic, high-growth African firms named as "Global Growth Companies" by the World Economic Forum ahead of the WEF on Africa summit in Abuja, Nigeria this week.
South Africa welcomes Nigeria’s economic growth
South Africa has welcomed the announcement that Nigeria, Africa's most populous nation, is now the continent's biggest economy - and the 26th largest in the world - following a rebasing of the West African country's gross domestic product (GDP).
