Africa’s New Engine: Middle-class consumers to drive prosperity

One of the noticeable things across Africa these days is how many people have cell phones—71 percent of adults in Nigeria, for example, 62...

South Africa’s GDP grows by 1.4%

Pretoria - South Africa's Gross Domestic Product (GDP) came in lower than expected, increasing by 1.4% in the third quarter of 2011. "The seasonally adjusted...

U.S. Government Partners with Private Ethiopian Banks

U.S. Government Partners with Private Ethiopian Banks to Increase Access to Credit in Agriculture and Health Sectors The U.S. Government expanded its loan financing program...

IFC and Intel Capital will invest with a emphasis on firms in Africa

IFC, a member of the World Bank Group, and Intel Capital, Intel Corporation’s global investment organization, announced today that they will coordinate their technology...

Orange Money reaches 3 million customers in Africa

Orange Money reaches 3 million customers and plans to extend its offer in cooperation with Western Union Orange Money has reached the threshold of 3...

Retail trade sales rise above market expectation

Retail trade sales in September rose by 8.3% above market expectation, Statistics South Africa (Stats SA) said. "The highest annual growth rate was recorded for...

Research to give fresh insight into SA economy

Johannesburg - A new research report on South Africa, expected to be released next year, is to provide unique insight into the workings of...

IFC and Intel Capital Team Up to Foster Technological Innovation

IFC, a member of the World Bank Group, and Intel Capital, Intel Corporation’s global investment organization, announced today that they will coordinate their technology...

SA to host Global Tax Forum meeting

Pretoria - South Africa is to host the 2012/2013 meeting of the Global Forum on the Transparency Exchange of Information for Tax Purposes, Cabinet...

Sustainability, growth key to African expansion

Pretoria - Issues of sustainability, stability as well as growth in the medium-term are key to sustaining the African continent's expansion, says Deputy Finance...

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