Plans for launching a Luanda bourse has been in the pipeline for more than a decade now. (Image source: altree/Flickr)
The southern African country of Angola has outlined plans to open its stock exchange in 2016
Angola stock exchange to open in 2016
Finance
African Development Bank invests US$11 billion in COMESA
The African Development Bank (AfDB) has invested US$11bn in infrastructure development across the COMESA region in the last five years
Sony reveals business expansion plans in Africa
Sony has plans to launch latest products, experiential brand stores and service centres to change consumer experience in Africa. (Image source: Jami3/Flickr)
Electronic goods manufacturer Sony has said that it has set a US$1.4bn target for Africa’s electronics market to tap the growing potential of Nigeria and other electronic markets in the continent
Creating business ‘key to Africa’s sustainable development’
Involving low-income communities in markets and businesses across Africa is essential for economic growth. (Image source: Clurr/Flickr)
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
AfDB pledges US$18 million to support Somalia’s reconstruction
AfDB has appealed for a rapid action on the process of clearing the country’s external debt so that development activities can be taken up. (Image source: Utenriksdept/Flickr)
The African Development Bank has pledged its support for Somalias reconstruction with a commitment of US$18mn over a period of three years
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