Africa as a whole is expected to see a recovery in GDP growth from its current 3.0% to 3.5% in 2018, and 3.7% in 2019
Nigerian REITs market is underdeveloped with only three established and with a combined market capitalisation of $151 million, or 0.36% of the local stock market
Blocked Funds, Connectivity, Infrastructure, & Safety Top Agenda for Angola at the International Air Transport Association Day
IATA’s recent study found that if 12 key African markets, including Angola, were opened up, an extra 155,000 jobs and US$1.3 billion in annual GDP would be created in those countries
Fiorano Software announced that Bank of Kigali, Rwanda’s largest commercial bank, has chosen the Fiorano platform for its digital transformation. The Project includes Integration with the Bank’s Temenos T24 Core Banking Solution with support for Online and Offline Banking features. Fiorano ESB and Fiorano API Management form the backbone of all integrations in the Bank’s environment, enabling payment channels such as Mobile Banking and Internet Banking with a host of lending services.
A cryptocurrency app is to be launched by one of the world’s largest independent financial services organisations due to “soaring global demand” and in defiance of financial traditionalists.
African Utility Week returns to Cape Town in May
A recap of the year 2017 indicates that businesses in Africa were positively influenced by technology. Whether it was a startup, an acquisition, or even an expansion, some of the business dynamics that played a part involved the use of technology. It was particularly common, especially where the market assessment and data analysis was crucial in estimating the amount of money to invest.
Based on available data for Africa, growth in 2017 is estimated at 8%
New ITFC Agreement of US$210 Million for key sectors to support economic growth and job creation in The Gambia
Tanzania: The region’s largest construction conference & exhibition returns on the 16th-17th March 2018
Dar Construction Expo is the region’s largest construction, engineering and design conference and exhibition. In 2017 it attracted over 3,200 visitors, more than 100+ businesses exhibited and many major house builders and contractors attended. For this year 2018, the expo and conference will take place in three major Regions in Tanzania, starting with Arusha in March, then Dar es Salaam in August while the grand finale for EAC will be in Dodoma, the capital city of Tanzania.
South Africa has a highly favourable tax environment for investors but a good awareness of the legislation is required in order to make the Tax Act work for you. Always do your research to ensure you’re getting the full advantage of the provisions made in the Act and consult a tax practitioner for major decisions and tax opinions.