Monday, June 17, 2019

Fintech technology a potential driver of African economies, over traditional sectors

The report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region's economic performance. The regions include;...

Ethiopia’s Tax Policy Reforms yield fruits

Ethiopia’s tax reforms had several objectives, chief of which was to generate sufficient revenues from tax to finance public expenditure on poverty alleviation programs...

Angola’s Cassava Research gets $25 Million boost from World Bank

Angola, even before its civil war began in 1975, has always exported crops such as coffee, maize, cotton, sugar cane, bananas, sisal and cassava....

Digital Economy can unlock new opportunities for Africa – Africa’s Pulse...

Africa continues to make important strides with regards to the adoption of digital technologies and the opportunities it presents to unlock new economic outcomes...

West Africa’s mobile economy grows, says GSMA Report

In 2018, mobile technologies and services generated $52 billion of economic value (8.7% of GDP) in West Africa, this is according to the GSMA's...

Boomplay raises $20M in funding

by Jasmin Lavoie Boomplay Music, a leading music streaming and download service in Africa, has raised $20 million in Series A funding to continue its rapid...

Africa’s economic growth hit 7-year high

Africa’s economy is growing and its Gross Domestic Product (GDP) hit a seven-year high of 4%, which makes it the second fastest-growing region in...

Investing in Africa: an Outlook on Nigeria and Ethiopia

by Itumeleng Mukhovha One can easily assume that international investors are deterred from investing in Africa given the growing need to weather a global financial crisis,...