Economy

Infrastructure development needed for double-digit growth in African economy

power-DonMcCullough-flickrLarge-scale investments in African infrastructure specifically in power, roads and broadband is what can put the continent on the path of double-digit growth, said eminent economist Jeffrey Sachs

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Ghana's commerce body encourages self-reliant economy

port-JayOwens-flickrThe Ghana Chamber of Commerce and Industry (GCCI) is working with the government to ensure that the country’s current pledge of changing its import dependent economy to a homegrown one becomes a reality and a way of life for the citizens

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Facebook opens first African office in South Africa

Nicola Mendelsohn VP EMEA FacebookFacebook has opened an office in South Africa, its first in Africa, to further the company’s commitment to assist businesses connect with people and grow locally and regionally

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Luanda 'costliest' city for expats

luanda-JensAarsteinHolm-flickrAngolan capital Luanda has been named as the costliest place for expatriates to live in by the Mercer 2015 Cost of Living Survey

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West Africa’s single currency reliant on economic growth

9312950635 b1811f7796 zThe Economic Community of West African States’ (ECOWAS) Single Currency Programme, expected to become a reality in 2020, must not be postponed again

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