A report by the Africa Progress Panel (APP) says that poverty continue to plague the continent even after most countries registered strong economic growth over the past...
Africa needs to improve its regional and national deficits before it can increase investment from outside the continent. David Humphrey, head of power and infrastructure at...
South Africa, Nigeria, Rwanda, Kenya are among the pioneering countries in which businesses have successfully tapped into the retail industry. While many investors are taking the...
The single-largest investment and business opportunity in Africa will be its rising consumer market, KPMG has said. “Africa is fast becoming a consumer continent and very...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian Robust economic growth over the last 15 years has led to visible changes across Africa. Visitors...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian “African consumers want the same as consumers elsewhere – a mobile phone…“ Consumption of goods and...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian A raft of trickle-down economic policies adopted by East African governments to fight poverty seems to...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian By Fred Ojambo Africa’s middle class is growing at a faster rate than that of its...
A recent World Bank report has found there has been a 50 percent increase in the number of people joining the middle class in the Caribbean...
African American middle class family. PHOTO/The Voice On the night of Barack Obama’s election, I was reporting in the crowd of Chicago’s Grant Park, and like...
(Reuters) – Nakumatt, Kenya’s largest retailer, plans to expand across Africa by focusing on opening stores in more eastern Africa countries over the next two years,...
(Reuters) – Nakumatt Holdings, Kenya’s leading supermarket chain, expects to grow sales 20 percent in its 2012/13 year, helped by expansion into east Africa’s fast-growing middle-class...
