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  • Togo : Development of Business creations in 2019

      In Togo, the craze for business start-ups remains strong. After having reached a record high in 2018, business start-ups are starting again, stimulated by the new reforms. The number of entities created over the first eight months rebounded in August, registering an increase of 7% year-on-year, according to statistics from…

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  • RwandAir Could Soon Be the BIGGEST Airline in Africa

      Rwanda is in the process of selling shares in the national carrier RwandAir to Qatar Airways, in a deal that is expected to shake up the country’s aviation industry and beyond. Aviation experts say the move by Qatar to buy shares in RwandAir could enable it to solidify its…

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  • What are the Most admired Brands of African Origin ?

      Brand Africa has announced the 100 best brands in Africa at its 7th annual Brand Africa 100 : MTN, Anbessa, Dangote, and Glo have been recognized as the most admired brands on the continent. Brand Africa 100 studies and ranks the most admired brands spontaneously recalled by African consumers. In…

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  • Low-cost airlines can boost SA economy – aviation official

      Low-cost airlines can be a booster for SA’s economy, according to Airline Association of Southern Africa CEO Chris Zweigenthal. Speaking at the organisation’s annual general meeting, hosted by Air Austral in Reunion on Friday, Zweigenthal said low-cost airlines already occupy about 65.4% of South Africa’s domestic market – and that…

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  • Ghana now Africa’s largest gold producer, but reforms await

      It’s too soon for Ghana to pat itself on the back as it overtakes South Africa as the continent’s largest gold producer. Ghana’s gold output of 4.8 million ounces in 2018 surpassed South Africa’s 4.2 million ounce total for the first time. But beating South Africa, where mining is…

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  • Banking market in Gabon

      According to a report by the economic services of the French Embassy in Gabon, the banking market remains young and has few actors. It is dominated by three banks: BGFI Bank, BICIG and UGB, which account for more than 75% of jobs. BGFI Bank remains the leader, followed by BICIG…

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  • Will South Africa Build Electric Vehicles?

      Like Germany is to Europe, South Africa is the manufacturing powerhouse of sub-Saharan Africa. In particular, it has 8 automobile assembly plants. The companies are BMW, Ford, Isuzu, Mercedes-Benz, Nissan, Renault, Toyota, and Volkswagen. In 2018, South Africa produced 610,854 vehicles. Last year, over 200,000 vehicles were exported to…

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  • Digital banking in Africa

      Banks need to adapt to a changing business environment in Africa. Africa’s growth prospects There is no doubt that there are significant opportunities in Africa, not only in the banking sector, but in many other sectors. While the banking sector has experienced a slight slowdown in other global markets, in…

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  • GHANA: Kantanka will start manufacturing electric cars in December

      The Ghanaian car manufacturer Kantanka Automobile Company has announced its intention to start producing electric cars in December 2019. It aims to conquer the local market and set out on an international journey. The Kantanka Automobile Company is once again on the news. The Ghanaian car manufacturer intends to…

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  • Why would you buy ‘made in Africa’ smartphones?

      Rwanda has opened what is being billed as Africa’s ‘first entirely homemade’ smartphone factory. The facility, run by Kigali-based Mara Phones, will produce up to 1,200 units per day, with two models costing around $130 and $200 respectively. The ambition is to break into Africa’s growing mobile device market, which…

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