Business

IMF Warns Of Rising African Debt Despite Faster Economic Growth

Reuters - Sub-Saharan African nations affected by increasing public-debt levels and non-performing loans must take action to address rising vulnerability, the International Monetary Fund (IMF) said. About 40% of low-income countries in the region are now assessed as being in...

Ethiopia Now Africa’s Fastest Growing Economy

Ethiopia, Africa's second most populated country, is forecast to be the fastest growing economy in Sub-Saharan Africa this year, according to new data from the IMF. Ethiopia's economy is predicted to grow by 8.5% this year. The figures signal continued...

Study: Only Five Percent Of CEOs In Africa Are Women

Women make up only 5 percent of chief executives of big corporations in Africa according to a survey by Africa CEO forum. The study was carried out by Africa CEO forum in a bid to promote female empowerment and to...

Top 10 Contributions China Has Made To Africa’s Infrastructural Development

Over the years, China seems to have taken the lead among the powerful countries that have increased interest in Africa. Chinese companies are not only present in almost all African countries but are carrying out various developmental projects.Most infrastructures...

Top 10 World’s Billionaire: Jeff Bezos Surpasses Bill Gates, As The World’s Richest Person

Forbes has released the Top 10 richest people in the world and as usual Americans lead the way. Highlights Centi-billionaire Jeff Bezos secures the list’s top spot for the first time, becoming the only person to appear in the Forbes ranks...

Mohammed Dewji: Tanzania’s Richest is Africa’s Youngest Billionaire – Forbes

Africa's youngest billionaire, Tanzania's billionaire Mohammed Dewji may be at the bottom of Africa's rich list, but at the Age level, he rounded off as the youngest billionaire in Africa. See the current list of Forbes youngest Billionaires in Africa, 2019 This...

Business: Why Africa Is The Best Place To Invest In

US president Donald Trump caused major upset in Africa recently when he reportedly referred to the continent as being made up of “sh*thole” countries. While the term has gained notoriety in a short space of time, fund managers at...
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3,000-year-old ‘Lost Golden City’ of Ancient Egypt Discovered

Archaeologists have hailed the discovery of what is believed to be the largest ancient city found in Egypt, buried under sand for millennia.
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