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Accra – Making a Name for Itself as One of Africa’s...

AFRICANGLOBE - Ghana’s business hub and capital, Accra, has received considerable attention from foreign investors in recent years and has been identified as one of Africa’s top cities for economic growth.

Tourism Offers Huge Potential Boost For Ethiopia’s Economy

AFRICANGLOBE - Ethiopia hasn't exploited the tourism sector as much as it can while the sector has considerable potential to propel the countries fast growing economy.

Tanzania Has Strong Potential for Economic Growth

AFRICANGLOBE - President Obama said he has confidence in Tanzania's future as its people work to strengthen their democracy and take advantage of new trade and development opportunities.

Nigerian Economy is Doing Well – Okonjo-Iweala

AFRICANGLOBE - Nigeria's economy was strong, stable and growing at 6.75 % GDP, which had been recognised by international rating agencies such as Fitch and Standard and Poor that upgraded Nigeria's rating at a time many developed economies were being downgraded.

Africa Records Impressive 2.2 Trillion GDP Growth in 13 Years –...

AFRICANGLOBE - Africa's GDP has increased from $600bn to $2.2 trillion since the year 2000 and the continent "now offers the highest risk adjusted return on investment... our economic managers are doing a reasonably good job navigating the difficult global economic slowdown.

Six Things Business People Should Know About Ghana

AFRICANGLOBE - With an estimated GDP growth of close to 8% in 2012, Ghana has one of the fastest growing economies in the world. However, companies shouldn’t expect an easy ride.

Tony Elumelu Outlines the Case for Africapitalism

AFRICANGLOBE - Africapitalism. As a philosophical concept, its principle is very simple: catalysing economic growth in Africa by focusing on private sector development, knowing that this also creates social returns.

Regional Integration ‘Key to Africa’s Economic Growth’

AFRICANGLOBE - Closer regional integration will be crucial for addressing underlying weaknesses in Africa's long-term competitiveness and ensuring that the continent delivers on its massive growth promise, according to the Africa Competitiveness Report 2013.

Nigeria’s Economy To Experience Over 7% Recovery In 2013 – IMF

AFRICANGLOBE - The International Monetary Fund (IMF) is expecting an over 7 percent growth in Nigeria’s economy this year. After reviewing West Africa’s biggest economy, the Washington-based Fund indicated that the country’s inflation will fall below 10 percent during the year.

Namibia: Growth in 2012 Exceeds Expectations

AFRICANGLOBE - Namibia is well on its way to achieve the economic growth target of 4,6% for 2012-13 set out in the Fourth National Development Plan (NDP4), after the country recorded economic growth of 5,0% last year. Releasing the Preliminary National Accounts 2012 on Wednesday

Ethiopia to Open First Industrial Zone to Bolster Economy

AFRICANGLOBE - Ethiopia will spend 900 million birr ($49 million) to open its first industrial hub for export- oriented manufacturers in a bid to deliver faster economic growth, according to the country's Industry Minister Mekonnen Manyazewal.

Poland In Sustained Trade Push for Business Opportunities In Nigeria

AFRICANGLOBE - A delegation of Polish business people arrived in Abuja, Nigeria to push for more opportunities with their counterparts in the country. They arrived in Nigeria via Lagos on Sunday and have been exploring opportunities in the country's commercial capital.

Ethiopia Focuses on Entrepreneurs to Maintain Economic Growth

AFRICANGLOBE - The Ethiopian government and the United Nations want to train more than 200,000 entrepreneurs in the East African country. Both believe Ethiopia needs a stronger private sector to maintain its fast economic growth. The Ethiopian government and the United Nations Development Program, UNDP, have launched a three-year program to train the entrepreneurs. The say the businesses established by these new entrepreneurs potentially could create about 1.2 million jobs.

Ethiopia Records Double-Digit Economic Growth Under GTP

AFRICANGLOBE - Ethiopia's Ministry of Finance and Economic Development on Wednesday announced that Ethiopia has registered an average of 10% economic growth during the past two years of the five-year Growth and Transformation Plan (GTP).

Continued Growth for African Economies In 2013

AFRICANGLOBE - African economies are expected to record an average 4.5 percent growth this year despite a slowdown in the global economy, the United Nations economic annual report says. According to the World Economic Situation and Prospects 2013 (WESP) released on Monday most African countries will post much stronger growth than the global average.

Africa Must Safeguard Economic Growth

AFRICANGLOBE - Developing African countries have been challenged to safe guard their economies so that they achieve economic development in the year 2013. The World Bank in their new report entitled Global Economic prospects report say that the world's economy performed poorly in the year 2012 due to the onset of the global financial crisis.