Understanding West Africa’s Infrastructure Potential

Understanding West Africa’s Infrastructure Potential

Lagos, Nigeria (Capital Markets in Africa) — West Africa is increasingly identified as an attractive destination for investors across all economic sectors. Its growing population of over 300 million and abundant resources continue to drive steady economic growth, as seen by a 6% average annual growth rate over the past decade. In addition, improved governance and political stability, institutional reforms, declining trade barriers, adoption of technology, and a re-emerging middle class attributable to an increasingly…

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Doing Business in South Africa Can Be Made Easier Says World Bank Report

Doing Business in South Africa Can Be Made Easier Says World Bank Report

Pretoria, South Africa (Capital Markets in Africa) —A new World Bank Group report assessing the business environment and state of regulations for domestic firms in South Africa finds that local entrepreneurs face a wide array of business obstacles depending on which city they establish their companies in the Republic. The report also highlights a number of constructive practices that can be better leveraged within the country to improve the business climate for local entrepreneurs and…

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How the finance sector can drive Africa’s economic growth

How the finance sector can drive Africa’s economic growth

Johannesburg, South Africa (Capital Markets in Africa) — The rise of Africa’s financial services sector in recent years has been remarkable. From a relatively underexplored and underinvested sector a mere decade ago, today, this sector is considered to be one of the continent’s brightest prospects. This is due to the fact that financial sector development has been on the agenda of African policymakers for some time now as (aside from profitable opportunities for investors) continued…

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New Nigeria administration may miss electoral commitments

New Nigeria administration may miss electoral commitments

New York (Capital Markets in Africa) — The New Nigerian administration could miss most of its electoral commitments. Credit Suisse indicated that President Muhammadu Buhari and the new All Progressives Congress (APC)-led government face some immediate challenges that include a widening fiscal deficit, substantial debt maturities, oil-sector problems, and instability in the north of the country. It considered that the new administration is unlikely to deliver many of its major campaign promises in the near term…

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A new dawn in Nigeria, will Buhari propel a new pathway ……?

A new dawn in Nigeria, will Buhari propel a new pathway ……?

Lagos, Nigeria (Capita Markets in Africa):- Friday 29 May saw the inauguration of Muhammadu Buhari as the new president of Nigeria, following his election victory over Goodluck Jonathan. In his inauguration speech, Buhari set out what will form the core of his administration’s agenda, after first assuring his political opponents that he had no intention of settling old political scores as some had intimated, reiterating that the past would be left in the past. “I…

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How to ensure Africa’s natural wealth stays in Africa

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…

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AfDB Report says Structural change needed to spur innovation in Africa

AfDB Report says Structural change needed to spur innovation in Africa

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…

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