In the Malian capital Bamako, mobs screamed welcoming president, Ibrahim Boubacar Keita, who returned from China in early September. The popular reception was related to China’s commitment to make unprecedented investments,.
To make it big in Africa, a business must succeed in Nigeria, the continent’s largest market. No one said it would be easy IN 2001 MTN, a fledgling telecoms company.
Angola is set to take over from Nigeria as Africa’s largest crude oil producer come 2016 to early 2020s, as a result of crude theft and regulatory uncertainties persist in.
A number of African central banks are applying to the Chinese Central Bank for currency swaps, with Zimbabwe and Ghana already using the RMB as part of their reserve currency..
World Bank Group has described Nigeria as one of the most expensive and difficult places to register and acquire property for businesses in the world. This much was contained in.
Africa’s oil and gas potential will grow significantly over the next two decades, driven by population growth, urbanization and the emergence of a wealthier middle class on the continent. Six.
Last month’s U.S-Africa Leaders Summit concluded on a high note with lots of promise for improved trading between both regions; however the re-authorization of the American Export-Import Bank remains the.
Over the last several years, technology trends have shifted dramatically with Africa and China becoming big industry players. “China has really transformed itself; it is now the largest global manufacturer..
The Ebola outbreak in West African countries is not seriously affecting the Nigerian economy, Finance Minister Ngozi Okonjo-Iweala said. Nigeria, Africa’s biggest economy, has recorded 21 cases of the virus, and.
Ghana sold a $1 billion Eurobond on Thursday at a coupon rate of 8.125 percent, lower than analysts had expected given the fiscal difficulties faced by the West African producer of cocoa,.
