Economy

Economy: News and information related to the economic domain in Africa. This is one of the first questions of the African diaspora: how to develop the economy of his country and his continent?

 

Everyone looks at the GDP of African countries to anticipate developments, understand the issues and try to improve the condition of the many countries of the continent. The economy is of course closely linked with politics, with power. But it is based on the businesses of each, on a daily basis.

 

We must make sure to highlight the good and the bad around the African continent. That’s why with Afrikatech, I try to answer the question and share the economic news of the continent’s payroll. But not only. My goal is to define what are the economic prospects and how to go in the right direction.

 

For this, entrepreneurship and investment are two essential pillars. The Africa of tomorrow is being built today, together.

With the implementation of Alibaba’s e-commerce platform in Kigali, Rwanda becomes the first African hub of Chinese society … and thereby reaches a market of millions of potential consumers. Already presented as the epicenter of the digital revolution in Africa, Rwanda is consolidating its lead. This week, the country welcomed the African hub of Alibaba …

Burundi will soon be equipped with an ICT development strategy that will enable the country to make it a tool for economic growth. On 19 October 2018 in Bujumbura, Jean-Jacques Massima-Landji (pictured), the representative of the International Telecommunication Union (ITU) for Central Africa and Madagascar, said that project 2BDI 0015 on the institutional reform of …

After more than 15 years of experience in the investment banking and financial sector in London, Lynda Aphing-Kouassi, General Manager of Kaizene, has only one ambition: to put her expertise at the service of Africa. Thus, since its return, about 4 years ago, the Ivorian financier organizes every year, through its consulting firm, an innovation …

E-commerce generated revenue of $ 16.5 billion in 2017 on the African continent, according to a report by research firm Statista. She says that within five years, the business should reach a turnover of $ 29 billion. And even 75 billion dollars by 2025, according to McKinsey … However, for these beautiful growth forecasts to …

Ghana sees big things in technology. The country hopes to become the first African country to host a branch of Alibaba Group. This is precisely the ambition of the Ghanaian president. Nana Akufo-Addo met Jack Ma, the boss of the company on the sidelines of the Forum on China-Africa Cooperation. “I met the co-founder and …

Which sectors are promising and which are the most promising countries for innovation in Africa? To provide an answer to these questions, Havas Paris and the Institut Choiseul deliver the 4th edition of the Havas Horizon 2018 barometer, the result of a survey of more than 50 African and foreign investment organizations. A study that …

Havas Horizon and the Institut Choiseul publish their fourth barometer on the perception of the African economy. According to this study of some fifty institutions and large groups, companies are convinced that Africa has become a land of innovation. The enthusiasm of investors and major global groups for Africa is not fading. This is apparent …

The year 2018 is turning out to be a great one for startups in Africa. It has only been seven months and startup funding in the continent has reached 168.6 million dollars. This has completely surpassed last years total funding which was 167.7 million dollars. It is quite fascinating that half the year’s funding has …

The startups of Africa are in a distinctive position to take advantage of innovation for answering some of the acutest challenges of the continent but urgently require an accredited environment. This is the view of Abu Cassim, the director and founder of an angel network, Jozi Angels, which invests in startups in their early stage. …

At the African Union Conference on E-commerce, held in Nairobi this week, the AU presented its roadmap for the continent to catch up in the digital economy. The digital commerce market in Africa is booming: estimated at $ 8 billion (€ 6.6 billion) in 2014, it could reach $ 75 billion in 2025, according to …

Afreximbank launches Mansa, the African digital platform that aims to boost intra-continental trade. The launch ceremony took place this Thursday afternoon at the Transcorop Hilton Abuja, where are held the 25th General Meetings of the African Bank Import-Export (Afreximbank). President Benedict Oramah, accompanied by former Afreximbank President Jean Louis Ekra, inaugurated Mansa, the new African …

The second stage of the Africa Fintech roadshow was held on Thursday 19 July at the Chamber of Commerce and Industry of Benin (CCIB). Intended to share the opportunities and innovations of the market, the event deals more specifically with the theme “Fintech, beyond payment”. The opportunity to take stock of the success stories of …

The authorities plan to double the digital share of Côte d’Ivoire’s GDP by 2020. An ambitious goal driven by a favorable economic and fiscal environment. 15%: Côte d’Ivoire’s share of GDP should represent the digital economy by 2020. An ambitious goal, unveiled last April by Daniel Kablan Duncan, the Ivorian vice-president, according to whom “Côte …

According to the Global Infrastructure Hub Annual General Infrastructure Investor Survey and the EDHEC Infrastructure Institute-Singapore, 37% of infrastructure investors invested in emerging markets in 2017, up from 20% in 2016. (Credits: GIH) Two new reports released by the Global Infrastructure Hub, a G20 initiative, reveal a $ 1 trillion investment gap in 10 Compact …

Under the auspices of the Ministry of Industry, Trade, Investment and the Digital Economy, APEBI will organize the 3rd edition of AFRICA EXPO (AITEX) in Rabat from October 4th to 5th. The Moroccan Agency for Investment and Export Development (AMDIE) will also be part of the institutional partners. “What digital for Africa of the future? …

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