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Growing Middle Class

Africa’s middle class is characterized by a per capita daily consumption of $2 to $20, according to the African Development Bank. The middle class...
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Banks Eye Africa’s Millionaire Boom

The number of millionaires in Africa continues to grow, prompting a race among banks to capture the continent’s emerging demand wealth management and private...
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South African Retailer Enters the U.S. Market, Further Lessening Its Africa Exposure

  South African retail giant Steinhoff International Holdings N.V is poised to become the world’s largest retailer of beds with its acquisition of the largest...
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Brian Asingia Talks About His App To Preserve African Heritage

In 2012, Kenyan-born Franco Abott and Ugandan-born Brian Asingia, graduates of Lafayette College in Eaton, Pennsylvania, teamed up to do something about the lack...
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2016 Outlook for Africa’s Payment Industry

Mobile payments have taken the African continent by storm and their user base continues to grow exponentially as more people use their mobile devices...

EAC-EU–EAC/Japan–Taxes Kenya–Electricity Nigeria–Financial inclusion Nigeria–Agriculture–Entrepreneurship–AGOA

Trade – EAC/EU  Five East African countries — Kenya, Tanzania, Uganda, Rwanda and Burundi — reached agreement with the European Union to renew a...

South Africa Fires Back On AGOA Threat

South Africa responded swiftly to President Barack Obama’s threat this week to partially revoke market access benefits for South Africa under the Africa Growth...
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Africa Conference At MIT Emphasizes Innovation, Impact and Sustainability

The 2017 Africa Innovate Conference at Massachusetts Institute of Technology puts front and center the contention that a local private sector underpinned by innovation,...
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Africa’s Transportation Mega Projects Eclipse Energy

The story of the economic rise of African countries over the last decade, with a continent-wide per capita income nearly identical to that of...
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African Diaspora Marketplace Launches Third Round

The United States Agency for International Development (USAID) and Western Union launched the third round of the African Diaspora Marketplace (ADM III), a public-private...

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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...