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...
PROPERTY DEVELOPMENT
* An acre in a prime zone in Accra can cost up to US$2 million.
* The mortgage market is underdeveloped or non-existent in the...
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...
INFRASTRUCTURE
* African countries are now only able to spend about 5 percent of GDP on infrastructure, a figure which must rise to nearer 15...
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...
AGRICULTURE/AGRIBUSINESS
* Africa has 60 percent of the world’s uncultivated arable land.
* Africa’s agriculture sector records an average productivity rate of 36 percent.
* Africa spends...
INVESTMENT
CHINA IN AFRICA
* China's investment in Africa has increased a staggering 30-fold since 2005.
* 2,000 Chinese firms are now present in 50 African countries.
*...
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...
Quick access to economic and industry facts and figures
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...
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,...
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...
