The world is changing fast and to keep up you need local knowledge with global context.
Africa is home to seven of the 10 fastest growing economies globally. This section of Biznews targets existing and potential investors into the African continent. Editors curate the most important news about African business, infrastructure development and investment, including emerging market essentials, trade and development, economic insights, SADC, ECOWAS and EAC region reports.
By Isaac Abrak and Camillus Eboh ABUJA (Reuters) – A bomb at a crowded bus station on the outskirts of Abuja killed at least 35 people during rush hour on Monday morning, witnesses said, the first such attack near the Nigerian capital for two years. Body parts and blood were strewn across the station and an unruly crowd … Read more
It’s been rumoured for a while, but now South Africa’s under-performing economy has been given its coldest possible shower with news that not only has Nigeria’s GDP surpassed SA’s, but there’s daylight between the two. Nigeria’s rebased GDP is a touch above $500bn, a full one third bigger than SA’s $370bn. With Nigeria’s GDP growing … Read more