Economy

NEC invests in XON to enhance growth in Africa

XONNECofficialsNEC Europe has invested in sub-Saharan ICT group Xon to develop an integrated market approach that would accelerate regional growth in a range of high-capacity sectors

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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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