Markets: Latest News
Makula Dunbar, 11:07 am
Nigeria’s revised GDP data likely to show that Africa’s most populous nation and largest oil producer has already claimed South Africa’s crown as the continent’s largest economy.
Dana Sanchez, 4:49 pm
Africa’s largest asset manager, PIC will consider investing in more companies linked to Aliko Dangote, Africa’s richest man and one of the Forbes list’s 25 richest in the world, as it seeks to tap industries benefiting from economic growth.
Dana Sanchez, 3:57 pm
Completion of the project will alleviate traffic congestion and improve roadworthiness in Monrovia and its environs, reduce transaction costs for the production and movement of goods and services, and ultimately contribute to the overall economic development of Liberia.
Dana Sanchez, 9:38 am
Business giants like the Johannesburg Stock Exchange left the once-thriving central business district for the northern suburb Sandton, now the continent’s richest square mile.
Dana Sanchez, 3:08 pm
Public Investment Corporation manages South Africa’s pension fund and aims to diversify its investments outside the home market, tapping into other faster-growing African markets, according to a report.
Dana Sanchez, 12:59 pm
Africa’s eastern coffee-growing heartland – Ethiopia, Kenya, Tanzania and Uganda – is set to produce a record 11.9 million bags of beans in 2013-14, U.S. Department of Agriculture foreign staff said.
Dana Sanchez, 11:22 am
“Anything that is going to require infrastructure build – roads, dams, bridges, ports, harbors, airports, railway networks, new power grids – all requires in one way or another…construction equipment,” says the CEO of an African Caterpillar distributor.
Dana Sanchez, 10:54 am
Kenya Airways now flies three times weekly – Sundays, Wednesdays and Fridays – between Livingstone and its hub at the Jomo Kenyatta International Airport in Nairobi via Harare International Airport in Zimbabwe.
Dana Sanchez, 3:29 pm
After a career that included 17 years at the U.N., Kingsley Chiedu Moghalu returned to Africa with his wife and family to become a deputy governor of Central Bank of Nigeria, an opportunity, he said, to contribute to the transformation of Africa on the ground.
Dana Sanchez, 1:41 pm
India is the second largest trading partner for Nigeria, with bilateral trade reaching $17 billion in 2011-12. Nigeria is India’s largest trading partner in Africa.
- Real Estate