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Top 25 African Countries for Innovation

Thirty-six African countries were among the 142 covered in the 2013 Global Innovation Index (GII 2013). The theme for this year's index was  "The...
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Cities WIth The Most Millionaires*

 RANKCITYMILLIONAIRES 2012MILLIONAIRES 2020GROWTH1Johannesburg, South Africa23,40030,6003.4%2Cairo, Egypt12,30015,0002.4%3Lagos, Nigeria9,80015,8006.2%4Cape Town, South Africa9,00011,7003.3%5Nairobi, Kenya5,0008,1006.3%6Durban, South Africa2,7003,6003.7%7Casablanca, Morocco2,7003,8004.5%8Pretoria, South Africa2,5003,4003.5%9Luanda, Angola (pictured above)2,4003,8006.0%10Algiers, Algeria2,3003,5005.0%* Number of individuals with...

New Construction: Malls, Hotels, Mixed-Use

The construction of hotels, malls and mixed-use buildings is consistent with Africa’s rising middle class coupled with the lack of formal retail infrastructure. Africa’s...
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Africa’s Most Competitive Cities

 CITYGLOBAL RANK/120AFRICA RANKSCORE/100CHANGE FROM 2012Johannesburg,South Africa 66 1 50.5 +3.5Cape Town, S.A.77247.4+ 4.8Durban, S.A.95342.9+2.9Cairo, Egypt106438.5+3.5Nairobi, Kenya112536.9+1.0Alexandria, Egypt117634.6+4.6Lagos, Nigeria119729.0+0.1Source: Economist Intelligence Unit  

Transport Corridors

  A 2012 report by international consulting and research firm Frost & Sullivan, titled “Trade Corridors: Key Focus Area for Sub-Saharan African Governments,” says that...

Busiest Airports (by passenger traffic)

  AIRPORT COUNTRY PASSENGERS/YR 2011 % CHANGE FROM 2010 OR Tambo International South Africa 18,922,346 + 2.9% Cairo International Egypt 13,037,541 -19.3% Cape Town International South Africa 8,436,562 +4.1% Mohammed V International Morocco 7,290,314 +0.6% Murtala Muhammed International Nigeria 6,748,290 +7.6% Hurghada International Egypt 5,875,423 -25.9% Jomo Kenyatta International Kenya 5,803,635 +5.8% Sharm el-Sheikh International Egypt 5,476,388 -27% Bole International Ethiopia 5,054,213 +25% King Shaka...

10 Largest Foreign Direct Investment Deals by Private Equity Firms in Africa (1996-2012)

  YEAR   VALUE ($ BILLION)   ACQUIRING ENTITY   HOME COUNTRY   ACQUIRED ENTITY   HOST COUNTRY   SECTOR   2011   $1.200   Investor Group*   Kuwait   Orascom Telecom Tunisie S.A.   Tunisia Telephone communications except radiophone   2009   $1.277   Paulson & Co. Inc.   U.S.   AngloGold Ashanti Ltd.   S. Africa   Gold ores   2007   $3.502   Bain Capital...

Richest Black Africans

  NAME, TITLE, ORGANIZATION   COUNTRY INDUSTRY SECTOR   Mike Adenuga Jnr., Chairman, Conoil & Globacom   Nigeria   Oil, telecommunications, banking     Abdeslam Ahizoune, Chairman/CEO, Maroc Telecom   Morocco Telecommunications   Sheikh Mohammed Al-Amoudi CEO, Derba; Svenska Petroleum Exploration   Ethiopia/Saudi Arabia   Oil, gold mines   Mrs....
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Ten Luxuries from Africa We Cannot Live Without

Diamonds. Almost 65 percent of the world diamonds come from Africa, with the main diamond producing countries being  Angola, Botswana, Democratic Republic of Congo, South Africa and Sierra Leone.Gold....
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Africa’s Emerging Nuclear Nations*

According to the World Nuclear Association, an umbrella group for individuals and organizations in the nuclear profession, the use of nuclear power to generate...

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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...