Business

ADDIS ABABA – As the coronavirus spreads across Africa, countries are taking stronger measures to curb its spread. The restrictions may contain the virus, but will likely have a deep impact on the continent’s economies. With several African governme…

BEIJING – China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin.Exports tumbled 17.2% from a year earlier to $292.4 billion, a sharp reverse from December’s 7.8% ri…

Overall, African equity capital market (ECM) activity in 2019 declined sharply both in volume and value from 2018, with 2019 posting the lowest proceeds raised in ten years. The general slowdown in equity markets was largely driven by a series of macro…

PARIS – Africa is projected to have the fastest population growth in the world over the next 30 years, and the majority of this growth will take place in urban areas. This transition is profoundly transforming the continent. African urbanization is mas…

LONDON – British companies have made bigger profits investing in Africa than in any other region of the world, according to a new report from the Overseas Development Institute (ODI), which urges firms to seek profits on the continent rather than seein…