Tag Archives: Sub-Saharan Africa

Massive increase in M&A deal value in Sub-Saharan Africa in the first half of 2021

There were 333 M&A deals announced in sub-Saharan Africa (SSA) in the first six months of 2021 (H1 2021), valued at USD 57.7 billion, according to Baker McKenzie’s analysis of Refinitiv data. When compared to the same period last year (H1 2020) this amounted to a 14% increase in deal volume and an astounding 576% […]

Ericsson Mobility Report: Sub-Saharan Africa to reach 70 million 5G subscriptions by 2026

Discernible volumes of 5G subscriptions are expected from 2022, reaching 7 percent in 2026.  By the end of 2026, Sub-Saharan Africa will have around 70 million 5G subscriptions  Consumers will have added an average of 3.4 online services to their daily online activities by 2025  Ericsson recently unveiled two reports that, together, forecast the post-pandemic […]

Deal making slows across Africa but post-pandemic opportunities look interesting

Africa-regions. Source: Wikipedia

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]

Has the PE industry failed Sub-Saharan Africa?

View from the Carlton Centre, Africa's tallest building. Johannesburg, Gauteng, South Africa. Photo Credit: Adamina (www.flickr.com).

African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]

Improved housing doubles in Sub-Saharan Africa

A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban […]

A ten-year strategy to support the development of social protection systems in Sub-Saharan Africa

STORY HIGHLIGHTS Social protection, which comprises both social assistance and social insurance programs, is a powerful tool to reduce poverty and vulnerability The World Bank has a new 10-year strategy for social protection in Africa (2012-2022) The vision is to help governments build country-owned national social protection systems Social protection, once thought of as exclusive […]

DHL Global Connectedness Index shows signs of progress for Africa and others

By Thandisizwe Mgudlwa The latest reports on African Connectedness are showing great things for the future. And African countries are showing the largest increases in their global connectedness, according to DHL. While recent announcements from Cape Town, South Africa reveal: •          The countries with the largest increases are Mozambique, Togo, Ghana, Guinea and Zambia •          […]

SkyVision to improve the level of communication in Africa

By Thandisizwe Mgudlwa   SkyVision has invested in Africa and will be expanding its local presence.   On Monday of this week SkyVision Global Networks Ltd, a leading global provider of IP connectivity over satellite and fibre optic systems, announced in Cape Town, South Africa that it will continue expanding its local presence across Africa. […]

IMF to open regional training center for Sub-Saharan Africa in Mauritius

By Wallace Mawire The International Monetary Fund (IMF) plans to establish a Regional Training Center (RTC) for Sub-Saharan Africa in Mauritius, according to a spokesperson. RTCs elsewhere in the world have facilitated the training of government officials on the formulation and implementation of macroeconomic policies as well as related statistical and legal frameworks. With support […]

International Gateway Traffic Verification System Now Fully Operational in Rwanda

CAPE TOWN, South Africa, November 8, 2012/PRNewswire via African Press Organization (APO)/ — A Joint Realization of Global Voice Group and SGS Societe Generale de Surveillance for the Rwanda Utility Regulatory Agency Global Voice Group (GVG) and SGS Societe Generale de Surveillance are proud to announce that the International Gateway Traffic Verification System (IGTVS), commissioned […]

World Bank: Unleashing the Power of Africa’s Private Sector Key to Continent’s Growth

  TOKYO, October, 2012 – The private sector is a key but underused resource for Africa’s development, as much of the continent’s savings go yet untapped for investment. Speaking at the Africa Investor CEO Summit in Tokyo, Makhtar Diop, World Bank Vice President for Africa, stressed that public private partnerships (PPPs) can be an important […]

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South […]

New Study Finds Greatly Elevated HIV Infection Rates Among Young Black Gay and Bisexual Men in the U.S.

  RESEARCH TRIANGLE PARK, N.C., July 23, 2012 /PRNewswire-USNewswire/ — Study results released today by the HIV Prevention Trials Network (HPTN) show disturbing  rates of new HIV infections occurring among black gay and bisexual men in the U.S. (also known as men who have sex with men, or MSM), particularly young black MSM. The HPTN 061 […]

Fight on Malaria rages in MALAWI

  By Rabecca Chimjeka Fight on Malaria rages in Malawi (Microsoft Word)   Malaria remains a threat and a major cause of deaths in Sub-Saharan Africa and Malawi in particular, confirms  the country’s 2010 Demographic and Health Survey. Malawi government, through the Ministry of Health is implementing a five year called  Indoor Residual Spraying (IRS) […]

Four Seasons Sets Up Camp in Tanzania’s Serengeti National Park; Lodge is First of Three Launching Brand’s Sub-Saharan Expansion

Existing property to be renamed Four Seasons Safari Lodge Serengeti, Tanzania; additional new properties planned in Ngorongoro Conservation Area and on the island of Zanzibar TORONTO, July 10, 2012 /PRNewswire-USNewswire/ — Four Seasons Hotels and Resorts has signed a long term management agreement with the owners of Bilila Lodge, a resort in the Serengeti National […]

Evaluating enterprise policy interventions in Africa: a critical review of Ghanaian small business support services

Obeng, Bernard and Blundel, Richard (2012). Evaluating enterprise policy interventions in Africa: a critical review of Ghanaian small business support services. Journal of Small Business Management (in press). Abstract Enterprise policies play a central role in economic development across Africa, but more effective, evidence-based policy evaluation is required to inform future interventions. The paper aims […]