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Egypt, Kenya, Nigeria Rated World’s Most Profitable Stock Markets

AFRICANGLOBE - The Egyptian stock market has emerged the most appreciating stock market in the world for the just concluded year, as investors were rewarded with a 49.56 percent yield-to-date (YTD) return on investment from the Egyptian Exchange (EGX).

The Failure of Land Reform in South Africa

AFRICANGLOBE - Almost two decades after the end of apartheid in South Africa, the failure of the agrarian reform policies of the African National...

Nigeria Biggest In Africa for Sub-National Bonds

As Lagos prepares to launch a new 80 billion naira ($507.9 million) round of bond sales, Nigeria is revealed to have the largest sub-national...

Africa Becomes World’s Second Largest Mobile Phone Market

AFRICANGLOBE - After moving from an accounted sales of 90 million mobile phones in 2005 to an estimated 450 million in 2012, Africa has...

African Apps Take on Mobile Gaming Industry

Move over Japan. Move over Silicon Valley. Africans are making a bid to turn the continent into the new home of mobile gaming. With more...

Trade Barriers Cost Africa U.S.$20 Billions Yearly

African states including the East African Community (EAC) member states have been urged to dismantle trade barriers in a move that would enable them...

South African Exports to Africa On the Increase

With the continued gloomy outlook in eurozone countries and a slowdown in growth in a number of developing economies, a rapidly growing Africa holds...

Where are Africa’s Gadget Makers?

In my line of work I get to meet a lot of talented developers, entrepreneurs and people who are just plain passionate about technology...

Luxury Hotels Meeting Market Demand in Africa

African groups are competing with international chains as the continent's economic growth, improved stablity and ease of travel boost demand for high-end business and...

Africa’s Independent Hoteliers Insist on Going it Alone

Many local entrepreneurs in Africa have avoided the lure of management or franchise deals with international groups and have chosen to remain independent. "There is...

Meet Industrialist: Rasaq Akanni Okoya

Venturing into business demands proficiency, intelligence, creativity and recognising opportunities when they arise.  To put simple – praying and preying for and on opportunities.  The...

African Youth Facing Severe Youth Unemployment

It may have one of the fastest growing economies in the world -- but if you're young and out of work in Africa, the...

Sudan Air Force Bombs Civilian Market

Sudanese Air Forces (SAF), reportedly bombed Heiban's market in South Kordofan with Antonov planes, on Thursday morning September 27. The bombing resulted in the killing...

Global Competitiveness Report: Ghana, Kenya, Cameroun, Rank Better Than Nigeria

The World Economic Forum has released its 2012-2013 Global Competitiveness Report (GCP) ranking Nigeria, out of 144 countries assessed, as 115th, behind Ghana, Kenya and Cameroun. Ghana...

South Africa Leads African Competitiveness

South Africa is the highest-ranked African country and third-placed among the BRICS economies in the World Economic Forum's (WEF's) latest Global Competitiveness Index, ranking...

Somalia: Al-Shabaab Suffer Dramatic New Losses

For the first time in four years, the terrorist group al-Shabaab is not the center of attention in Somalia. Since the fighters were ejected...