Features | - Part 251

How to ensure Africa’s natural wealth stays in Africa

Abidjan, Cote D’Ivoire (Capital Markets in Africa):- With mineral prices plummeting 60 % from peak highs in 2011, turning Africa’s extractive industries, which include renewable resources, into lasting profits is a primary concern for the continent’s 54 nations. According to Ministers of Trade and Mining as well as experts in the fields, transparency and diversification of economies are the best ways to make sure that happens. “We are in the process of reviewing all mining…

AfDB Report says Structural change needed to spur innovation in Africa

Posted on by The Editorial Team

Abidjan, Cote D’Ivoire (Capital Markets in Africa):- To make economic growth self-sustaining, African countries must urgently make deep structural changes to propel innovation, notably boosting public investment and strengthening social services. Innovation is needed to create jobs and offer livelihood opportunities to lift the majority of Africans out of poverty, according to the African Development Bank’s 5th Annual Development Effectiveness Review (ADER) released Wednesday in Abidjan. This year’s ADER has innovation as its theme. “While Africa today…

AfDB sees Africa’s GDP growth nearing pre-crisis levels

Posted on by The Editorial Team

Abidjan, Ivory Coast (Capital Markets in Africa) – African economies will grow 4.5 percent this year and 5 percent in 2016, approaching levels last seen before the 2007 global financial crisis, as economic prospects improve worldwide, the African Development Bank (AfDB) said. The AfDB estimates that Africa’s gross domestic product expanded by 3.9 percent in 2014 despite sharp falls in international commodity and oil prices, an Ebola epidemic and pockets of political instability and armed conflict….

Africa Day: Ideas For Africa – By Cristina Duarte, AfDB Presidential Candidate

Posted on by The Editorial Team

Abidjan, Côte d’Ivoire, (Capital Markets in Africa) — As we celebrate Africa Day, it gives me great pleasure to congratulates our continent for the remarkable vision it has had by embarking, decades ago, in a project aimed at achieving its unity. This year’s Africa Day coincides with the return to its headquarters of the prime institution of African Development -The African Development Bank (AfDB). It is therefore timely to once more pay tribute to the founding…

Africa – A land worth exploring

Posted on by The Editorial Team

Capte-Town, South-Africa, (Capital Markets in Africa) –May 25, 2015/ — Africa Day 2015 is an opportunity to celebrate the development of the African continent as well as consider the various opportunities that it offers. This is according to Charles Brewer, Managing Director of DHL Express Sub-Saharan Africa (SSA), who not only believes that the continent offers vast opportunities but also that it is one of the last frontiers for economic growth and development. Africa Day…

Flow of External Finance to Africa over the last 25 years.

Posted on by The Editorial Team

Lagos, Nigeria (Capital Markets in Africa):- As they prepare for the fast-approaching Third International Conference on Financing for Development in Addis Ababa (July 13-16, 2015), policymakers, private sector actors, and other global leaders should examine the types of external financial flows (defined as the sum of gross private capital flows, official development assistance (ODA), and remittances) that different groupings of countries receive in order to best support the implementation of the post-2015 development agenda. Understanding how…

Nigerian MPC harmonizes CRR on Banks’ Deposits to 31.0%

Posted on by The Editorial Team

Lagos, Nigeria (Capital Markets in Africa):- The Monetary Policy Committee (MPC) at its 244th meeting decided to harmonize the Cash Reserves Requirement (CRR) on public and private sector deposits to 31.0%. The effect of macroeconomic issues in the global space were considered and analysed with the conclusion that no near term external shock is expected to affect the domestic economy. The growth potential of the domestic economy was reported weak but did not call for a…

« 1 … 249 250 251 252 253 … 258 »