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Kenya, Nigeria, And Africa’s New Hope For Growth

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AFRICANGLOBE - Africa’s economy is forecast by the International Monetary Fund to grow 5 percent next year, one of the fastest rates in the world. Kenya and Nigeria are among 16 African countries whose economies are expected to expand more than 6 percent, according to the IMF.

Africa’s Equity Market Performance Outpaces Emerging Markets

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AFRICANGLOBE - The performance of Africa’s equity market has been solid during 2013; equalling or outperforming emerging markets as robust economic reforms continues to foster the growth of local companies, which eventually become buyers and sellers of equity.

Kenyan Shares Rise to Five-Year High

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AFRICANGLOBE - Kenyan shares reached their highest close since July 2008 on Monday as investors welcomed comments defending the Federal Reserve's money printing by Janet Yellen, who is expected to take charge of the U.S. central bank next year.
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