Growth - eriinfo

Africa

West Africa: Sahel – the World Bank Group Launches a New Country Partnership Framework for Burkina Faso, Chad, Mali, and Niger to Promote Jobs, Growth, and Resilience

eriinfo.com4 days ago06 mins

Washington — The World Bank Group has supported new Country Partnership Frameworks (CPF) with Burkina Faso, Chad, Mali, and Niger for the 2026-2031 period. These frameworks aim to stimulate job creation, especially for youth and women, by strengthening human capital, infrastructure, and agricultural productivity, while supporting targeted reforms and private sector development. Grounded in the…

Africa

Africa: Sub-Saharan Africa’s Growth Holds, but Downside Risks Mount

eriinfo.com4 days ago06 mins

Smarter industrial policy can advance Africa’s economic transformation and create jobs WASHINGTON, April 8, 2026–Sub-Saharan Africa’s economic recovery from a decade of global shocks is showing signs of stalling, with growth projections for 2026 revised downward by 0.3 percentage points from estimates previously published in October 2025, according to the latest edition of the Africa…

Africa

Africa: Nigeria Now Africa’s 2nd Largest Domestic Aviation Market, Records 10 Percent Growth – FAAN

eriinfo.com6 days ago05 mins

The managing director and chief executive of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has disclosed that Nigeria emerged as the second-largest domestic passenger market in Africa, recording over 10.5 million passengers and a 10 per cent year-on-year growth. Kuku made this known during her closing address at the ACI Africa Regional Conference…

Lotte Rental Speeds Growth and Innovation with Multiyear Partnership with Rimini Street

eriinfo.com7 days ago06 mins

Lotte Rental Speeds Growth and Innovation with Multiyear Partnership with Rimini Street Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Lotte Rental, South Korea’s leading car rental company, has selected Rimini Street to provide support…

Africa

Africa’s Quiet Pivot-From Aid Dependence to Self-Driven Growth

eriinfo.com1 week ago06 mins

For decades, Africa’s place in the global economy was framed through the lens of aid,how much was given, where it went, and whether it made a difference. That narrative is steadily shifting. Across the continent, a more self-directed model is emerging, driven by trade, domestic resource mobilization, and investment. While the transition is uneven, the…

Africa

Africa’s Growth Depends On Entrepreneurs – and Investors Willing to Commit

eriinfo.com2 weeks ago09 mins

Nairobi — The global economy is being stress-tested — not by a lack of demand or capital, but by the vulnerability of the routes that connect them. From the Strait of Hormuz to the Bab al-Mandab, a handful of narrow chokepoints carry a disproportionate share of the world’s energy, goods and trade. Today, that system…

Swiss sneaker maker On Holding shakes up leadership amid slowing growth

eriinfo.com3 weeks ago03 mins

On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its “next growth phase,” the company said in a statement Wednesday. On shares were down…

Africa

Africa: China’s Zero-Tariff Policy – A New Era of Economic Opportunities and Shared African Growth

eriinfo.com3 weeks ago019 mins

Dar es Salaam — STARTING May 1, 2026, China will fully implement zero-tariff treatment on 100 per cent of tariff lines for 53 African countries that have established diplomatic relations with China. This historic step is set to considerably change global trade relations. The policy tone for the country’s development under the CPC’s leadership is…

Africa: Zero Tariffs, Shared Growth: Why China’s Market Opening Matters for Africa

eriinfo.com3 weeks ago09 mins

China’s decision to open its market to 53 African countries with zero tariffs starting in May 2026 is not just another trade announcement. It is a statement of intent. At a time when global trade is increasingly shaped by rivalry, protectionism and shifting alliances, Beijing is signalling that Africa remains central to its economic diplomacy….

Asus targets commercial growth in southern Africa

eriinfo.com3 weeks ago03 mins

Werner Joubert, Commercial BDM and Country Head Asus South Africa and SADC. Asus is positioning itself for growth in its southern Africa commercial division following the launch of its ExpertBook Ultra laptop this week, as the company looks to capitalise on a market shift towards AI-enabled devices. Asus operates two divisions in the region –…