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Ecobank Group Research Reveals Three Key Emerging Trends for Africa
November 18, 2017

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched at AfricaFICC. Indicating a positive outlook for the continent, three key trends are forecast to take hold during the next 12 months.

The first indicates an economic rebound in sub-Saharan Africa driven by a recovery in the region’s economic heavyweights, Nigeria and South Africa, and ongoing growth in the top performers, Ethiopia, Côte d’Ivoire and (more recently) Ghana.

Growth will be driven by a rise in oil production (notably in Ghana, Republic of Congo, Nigeria, and Angola), strengthening infrastructure investment across West and East Africa, and improved weather conditions which bode well for crops. Strengthening economic activity, plus a moderate improvement in oil and mineral prices, will help narrow the current account deficit, but pressure on SSA currencies will remain.

The"...

November 16, 2017

As part of its ongoing commitment to developing the healthcare infrastructure in Malawi, the country’s Ministry of Health, through the Global Fund Project Implementation Unit (PIU), has embarked on a $3,7-million project to install solar energy at 85 health facilities nationwide.

In"...

November 11, 2017

Algeria will request for an increase in its bluefin tuna fishing quota for the next tuna fishing campaign when negotiations with the International Commission for the Conservation of Atlantic Tunas (ICCAT) are expectedto take place later this month, says the Director General of Fishing and Aquaculture Taha Hamouche....


November 18, 2017

Africa’s continued economic success will be determined by how well the continent’s ports are utilized, experts from SAP Africa, a Kenya-based market leader in enterprise application software, have said.

Statistics indicate that 90 percent of imports and exports in Africa are driven by sea. With a global middle class set to reach 5 billion people by 2030, global trade is set to continue to"...

November 18, 2017

Speaker of the People’s Assembly Hamoudah Sabbagh on Thursday described as deep and strong the relations which connect Syria and Algeria.

Sabbagh, meeting Algerian Ambassador in Damascus Saleh Bousha, affirmed that the Syrian people have been able to confront the terrorist attack due to the army sacrifices and the wisdom of the leadership.

IN"...

November 18, 2017

(AETOS Wire)-- The 19th China Hi-Tech Fair (CHTF 2017), with the theme of “Innovation-Driven Development and Supply Quality Upgrade”, is taking place from November 16 to 21 at Shenzhen Convention and Exhibition Center. On the afternoon of November 10, the CHTF 2017 Top 10 Products were unveiled at the awards ceremony by Mr. Gao Zimin, Vice Mayor of Shenzhen City.

A"...

November 18, 2017

(AETOS Wire)-- Madison Realty Capital (MRC) announced the closing of a $64.0 million construction loan for 200 Kent Avenue, a 117,326 square foot mixed-use development located in Williamsburg, Brooklyn. The retail portion of the property, which will include over 600 feet of frontage, will be anchored by a popular national grocery chain. Overall, the project will offer 50,101 square feet of retail space, 22,055 square feet"...

November 18, 2017
  • Vocalink, a Mastercard company, was last night awarded with the Overall Winner and the Payments Infrastructure of the Year Award at the 5th Annual Payments Awards[i] for its significant contribution to the payments sector globally.
  • The awards recognised recent global successes for Vocalink including this week’s launch in the US of RTP®, the transformative real-time payment system for The Clearing House, as well as the overwhelmingly successful launch of PromptPay in Thailand earlier this year.
  • In the UK, Vocalink...

November 18, 2017

Bee’ah, the Middle East’s leading and award-winning environmental management company, has signed an agreement with Antonio Citterio Patricia Viel, a world-renowned, multi-disciplinary design practice based in Italy. The agreement will provide bespoke furniture, fixture, equipment and interior design services for Bee'ah's new, iconic headquarters in Sharjah.

HE Salim Al Owais, Chairman"...