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...
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...
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,...
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...
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...
INFRASTRUCTURE
* African countries are now only able to spend about 5 percent of GDP on infrastructure, a figure which must rise to nearer 15...
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.
*...
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...
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...
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...
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...
