Nigeria's musical moment
Amped up by a string of warm-up acts, the audience at the O2 Arena in London loses it completely as Idris Elba jogs out onto the runway. “Are you ready for Davido?” asks the screen idol, rhetorically.
Amped up by a string of warm-up acts, the audience at the O2 Arena in London loses it completely as Idris Elba jogs out onto the runway. “Are you ready for Davido?” asks the screen idol, rhetorically.
The alluring promise for tech startups in Africa is the social and commercial upside that lies in providing scalable solutions and products to users on a continent that’s home to several significant problems—and market opportunities.
As tech ecosystems and hubs continue to sprout across Africa, an accompanying effect has been an upswell in local software engineering talent.
Digital financial-service platforms are expanding in Africa. From branchless banking and digital wallets to transacting over mobile gadgets, banks are transforming how customers use their services, riding the continent’s rapidly growing youthful and tech-savvy population.
Africa’s steady rise continues to attract a growing number of private equity (PE) investors who believe that African markets offer an exciting growth and investment opportunity.
As startup and innovation culture deepens across the continent with success stories ranging from big-ticket funding rounds to a billion-dollar IPO, tech hubs are sprouting across the continent.
It’s unlikely that Lagos, Nigeria’s bustling economic hub, ranks very high on the bucket list of tourists who want to visit Africa. Unlike cities in South Africa, Mauritius or Morocco, Lagos is known more for its ever-busy business district than for any picturesque tourism hot spots.
The Shanghai-based hotel group Jin Jiang, a majority shareholder of Radisson since February 2019, is now the third-largest hotel group in Africa, behind Accor and Marriott International.
Africa offers growth-minded companies exciting opportunities. Its population is young, fast growing, and increasingly urbanized. The rapid adoption of technology, meanwhile, makes the continent a fertile arena for innovation.
Airbnb is making the shift from novelty accommodation to a mainstream tourist option across Africa.
It is important to recognise that Africa is not a single investment destination with a single set of standardised risk factors and homogenous potential for reward.
Morocco’s fifth bid to host the World Cup, like its previous four, ended in disappointment.
Barclays Africa plans to join the Nigerian Stock Exchange as a broker in July and is exploring opportunities in three other African countries, in a move to create access for foreign investors looking to tap into markets on the continent.
An increasing number of African companies are competing in the global arena.
Africa is the global leader in mobile money, which has become an important component of Africa’s financial services landscape.
Across the globe and on the continent, business tycoons are trying their hand in government.
Private equity and media giants from the U.S. are starting to pay attention to Africa’s burgeoning online media and culture scene.
Africa’s tech revolution is picking up speed, with 2017 proving the best year on record for the continent’s tech startups as investment topped US$195 million over the course of the year.
Some of the key themes of 2018 are unfolding in nations such as Argentina, Kuwait and Nigeria, even as their big-brother emerging markets capture much of the attention.
Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago.
In 2009, the Nigerian novelist and non-fiction writer Chimamanda Ngozi Adichie warned the world of “the danger of a single story”—of whitewashing the cultural differences in Africa.
When one of the biggest names in African private equity snaps up a fast-growing chain of coffee shops, it’s a clear sign that investors are focusing more on Africa’s growing middle class and consumers.
Diane Karusisi is well placed to know what the future might hold for Rwanda and its banking sector, given her experience in both government policymaking and the private sector.
It is easy to conclude that Barclays made a monumental error in its decision to exit Africa. Its network on the continent has played a central role in banking across anglophone Africa for over a century.
As CEO of the pan-African Ecobank, Ade Adeyemi is used to the logistical nightmare of criss-crossing the continent. It’s no simple matter getting from Lomé, Togo, where Ecobank is headquartered, to sit down with Euromoney Africa in Kigali, Rwanda.
Hyatt Regency Johannesburg Hyatt Hotels & Resorts announced on Tuesday that Hyatt expects to double the number of Hyatt hotels in Africa,…
When it comes to domestic air travel in Africa, Kenya’s capital Nairobi is king.
Analysis of headline GDP figures in Africa would presuppose a region going through a period of prolonged stagnation.
A.P. Moller Holding, a privately-held investments company with approximately $20bn under management, has launched an Africa-focused infrastructure fund.
AfrAsia Bank and New World Wealth recently reviewed the 10 wealthiest cities in Africa by total wealth held.
Africa’s tourist spots were some of the fast-growing and popular destinations in the world last year.
Africa could have as many as 10 teams competing at the 2026 World Cup after the allocation for places at the expanded 48-nation competition was ratified by the FIFA Council during their meeting in Bahrain.
Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global’s independent research arm, Quantum Global Research Lab.
Euromonitor International has identified the top three markets globally in 2017 by fastest growth in mortgaged households.
Spain-based buyout house Mediterrania Capital Partners plans to raise up to €250m capital for its third Africa vehicle.
The “Africa Rising’’ narrative has been put on hold, due to a couple of macroeconomic factors impacting the economic growth of the giant countries of Africa.
At Partech Ventures, we have been tracking for the past 3 years the dynamics of African tech investment, to better understand the investment landscape on the continent.
Chad’s foreign minister has been elected as the new chair of the African Union Commission, pledging to place development and security at the top of his agenda and streamline the organization’s bureaucracy.
It has long been known that e-health has tremendous potential to make the delivery of healthcare in Africa more efficient. It is now becoming clear that this will be in the diagnostics space.
Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.
By the United Nations’ estimate, the continent will see its current population of 1.2 billion double by the year 2050.
Since taking office in May 2015, Nigeria’s president Buhari has come under criticism not just for his handling economy but also for a seemingly under-performing cabinet.