A third of all Africans are now classified as middle class. Their incomes allow them to inhabit an economic bracket that is variously defined, but by any definition is growing
Economy
Ashburton launches Africa Equity Opportunities Fund
Ashburton has launched its new Africa Equity Opportunities Fund as part of a strategy which will be focused on targeting undervalued listed African equities across sectors to achieve capital growth
Angola stock exchange to open in 2016
The southern African country of Angola has outlined plans to open its stock exchange in 2016
Creating business ‘key to Africa’s sustainable development’
Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region, according to a new United Nations Development Programme (UNDP) report
Ugandan government addresses key areas in next year’s budget
The Ugandan government has announced in its 2013-2014 budget that it will allocate most of its resources into production-oriented activities in an attempt to boost the economy