Economy

Focus on Africa’s private sector, says philanthropist Tony Elumelu

elumelu-OECDDevelopmentCentre-flickrA dedicated focus on Africa’s private sector would provide the much-needed economic boost to the continent, said African businessman and philanthropist Tony Elumelu

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FDI values in Africa hit five year high

Nigeria-Lagos-Bill KretThe 2015 Africa attractiveness survey conducted by Ernst and Young (EY) revealed that foreign direct investment (FDI) into Africa reached US$128bn, up 136 per cent in 2014

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AfDB to launch African Economic Outlook 2015

Daniel-Kablan-DuncanThe African Development Bank (AfDB) together with the OECD Development Centre and the United Nations Development Programme (UNDP) will release the African Economic Outlook 2015 report

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Kenya’s economy set for growth

Aleksandar Todorovic-Kenya-cityThe International Monetary Fund (IMF) has announced that Kenya’s economy is projected to grow seven per cent by 2016

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AU extends grant to support capacity building in Africa

01The African Union (AU) has extended a US$3mn grant from the African Capacity Building Foundation (ACBF) in a bid to support its three-year capacity building programme

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