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Tag Archives: Sub-Saharan Africa
Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.
Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report
- Developing world’s share of global investment to triple by 2030
- China, India will be developing world’s largest investors
- Boost to education needed so poor can improve their well-being
In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.
Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
ABIDJAN, Côte d’Ivoire, May 14, 2013/African Press Organization (APO)/ – IFC, a member of the World Bank Group, and The MasterCard Foundation today convened key financial industry players to build further momentum for mobile financial services in Cote d’Ivoire. The event recognized the market’s enormous potential, especially for increasing access to finance for low income households, small scale businesses and in hard-to-reach areas.
“Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region.” UNDP Report
CAPE-TOWN, South-Africa, May 10, 2013/African Press Organization (APO)/ – Involving low-income communities in markets and businesses across Africa is essential for economic growth to translate into sustainable development, according to a United Nations Development Programme (UNDP) report released today.
Dubai Expo 2020 reports on two social initiatives in Africa that are helping foster sustainability on a local level
DUBAI, UAE, May 1, 2013/African Press Organization (APO)/ – Under the theme ‘Connecting Minds, Creating the Future’, Dubai is building its Expo 2020 bid (http://www.expo2020dubai.ae) on three sub-themes representing the forces that inspire global development: sustainability (lasting sources of energy and water); mobility (smart systems of logistics and transportation); and opportunity (new paths to economic development). Dubai Expo 2020 (http://www.expo2020dubai.ae/en/) reports on two social initiatives in Africa that are helping foster sustainability on a local level.
The range of channels broadcasting across sub-Saharan Africa via the EUTELSAT 16A satellite further increased today with the launch of Eurochannel, the international TV channel dedicated to European films and series. Eurochannel’s selection of EUTELSAT 16A marks the latest step in its international expansion and comes three months after its launch into all Europe via Eutelsat. The channel has signed a new five-year contract for capacity and services with Eutelsat Communications (Euronext Paris: ETL) (http://www.eutelsat.com).
Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.
Africa Continues to Grow Strongly Despite Global Slowdown, Although Significantly Less Poverty Remains Elusive
WASHINGTON, April 15, 2013/African Press Organization (APO)/ – Economic growth in Sub-Saharan Africa is likely to reach more than 5 per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world — according to the World Bank’s latest Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.
Agri-Vie is a private equity investment fund focused on agribusiness in Sub-Saharan Africa with a mission to generate an above average investment return, as well as demonstrable socio-economic development impacts through its equity investments. The fund was initiated by SP-aktif and Sanlam Private Equity with the cooperation of South African and international investors as well as the Makotulo BEE Consortium. The fund’s vision is to be a catalyst for sustainable growth through investing in one of the foundation sectors of Africa’s economies. Agri-Vie seeks to realise this vision through deploying development capital and management know-how according to sound investment and business principles. Agri-Vie Investment Advisors is a financial services provider authorized by the Financial Services Board, Registration number 33826. Visit www.agrivie.com for more information.