FINANCE & ECONOMY
FINANCIAL SERVICES
* Kenya has become a global leader in mobile banking. Safaricom’s M-Pesa service redefined retail banking by making mobile phones all-in-one credit cards,...
LABOR/EMPLOYMENT
* 1.1 billion Africans will be of working age by 2020.
* Africa’s labor force is projected to rise by 122 million between 2010 and...
MINERAL WEALTH
* Africa is estimated to host 30 percent of the world’s mineral reserves, and an even higher proportion of deposits of gold, platinum, diamonds...
POWER
* The entire installed power generation capacity of Africa’s 48 Sub-Saharan countries is 68 gigawatts, no more than Spain’s. As much as one-quarter of...
HEALTH/HEALTHCARE
* Sub-Saharan Africa’s healthcare market will reach an estimated $35 billion by 2016.
* At a 2001 African Union (AU) meeting in Abuja, Nigeria, African...
TRADE / INVESTMENT /REMITTANCES
* Africa loses more through illicit outflows, which include trade mispricing (false invoicing) and unrecorded private financial outflows, than it gets in aid and...
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POPULATION
* Bigger in size than China, India, Europe and the United States combined, Africa has 1.2 billion inhabitants, speaking more than 2,100 languages and...
MOBILE/DIGITAL LANDSCAPE
* Africa has the fastest growing telecoms market in the world, with 316 million subscribers in only 10 years.
* The number of undersea fiberoptic...
TOURISM
*Africa accounts for about 15 percent of the world’s population, but receives only about 3 percent of world tourism receipts and 5 percent of...
POPULATION
* Bigger in size than China, India, Europe and the United States combined, Africa has 1.2 billion inhabitants, speaking more than 2,100 languages and...
Latest
Sino-Africa Relations: An Elder’s View
I am sick and tired of being sick and tired of complaints that China is taking advantage of Africans even as it provides money...
