Economy

Indian investment into Zambia exceeds US$3 billion

Lusaka skyline ZambiaIndian foreign direct investment (FDI) to Zambia has surpassed US$3bn, according to Zambian justice minister Wynter Kabimba

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Can Africa feed itself?

Africa farmer cropsAfrica can leapfrog out of the deepening pit of poverty encompassing its socio-economic fabric, according to Professor Calestous Juma, a professor of international development at Harvard University

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African consumer industries set for US$400 billion growth

Factory workers AfricaConsumer industries in Africa are projected to grow by US$400bn, which equates to 50 per cent of the total profits all businesses are likely to gain in Africa by the end of the decade

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IMF expresses faith in Mozambique’s economic policies

imfThe International Monetary Fund (IMF) has expressed faith in Mozambique's economic policy and said that the country’s economy is currently in a good shape

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AfDB plans to invest US$22bn in African infrastructure

Lagos City NigeriaThe African Development Bank, (AfDB) has announced that it hopes to float Africa’s first infrastructure bonds in a bid to raise US$22bn to fund infrastructure projects

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