Tag Archives: African markets
The hospitality and tourism is an important sector for many developing countries, since it is one of the main foreign exchange earners and key exports component. In 2016, foreign visitors to Africa reached 58 million with a spending of USD 40.7 billion approximately 36.3%, and projected to reach 42.9bn by end of 2017. These statistics by Jumia Travel’s Hospitality Report Africa, reflect the sector’s extensive significance both in terms of social and economic growth.
There are many problems facing the agricultural industry in Africa – from weather issues to historically political reasons for its struggles – but there are a number of professionals and businesses trying to make farming in Africa a real success story.
TUNIS, Tunisia /African Press Organization (APO)/ – African countries need to improve their regulatory frameworks in order to ensure the successful launch of African infrastructure project bonds, says a new report launched by the African Development Bank (http://www.afdb.org).
CAPE-TOWN, South-Africa, May 9, 2013/African Press Organization (APO)/ – A high-level roundtable on Building Private Equity and Private Capital Markets in Africa, met on 8 May, to explore the promise and obstacles facing private capital investments in Africa. The roundtable of investors and policy makers met under the auspices of the Economic Commission for Africa (ECA) and the World Economic Forum on Africa to navigate the complex world of private equity, which in recent years has shown increased interest. According to the participants, this could be Africa’s next development financing frontier and could mark an end to an aid dependency.
“In each market where wind energy is being developed, the state is a big player in the initial stages of industry development and is often the sponsor of pilot projects.”
African Development Bank Economist to present report on continent’s wind energy market at Clean Power Africa this month
Some 5000 power professionals to gather in Cape Town
PRAIA, Cape Verde, April 24, 2013/African Press Organization (APO)/ – On March 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cape Verde.1
DHL Express has expanded its network of DHL Service Points in Sub-Saharan Africa from the initial 300 to over 1000, in just a few short months
Africa matters more to China than ever before, and vice versa, say Standard Bank Group economists Jeremy Stevens and Simon Freemantle. Despite erosion of the cost competitiveness of China’s exports, expectations that China will sell less manufactured goods to Africa have proven misplaced.