Growth - eriinfo

Africa

Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

eriinfo.com4 weeks ago06 mins

BISSAU — Guinea-Bissau’s economy demonstrated notable resilience in 2025, according to the World Bank Group’s Guinea-Bissau Economic Update (Spring 2026), released today. Real GDP expanded 5.8% in 2025, buoyed by a strong cashew harvest and farmgate prices that supported rural incomes and private consumption. Yet beneath this encouraging headline, the country faces mounting structural pressures…

Africa

Africa: Angola’s Agriconnect Compact Targets Food Security, Jobs, and Agricultural Growth

eriinfo.com4 weeks ago06 mins

Luanda — Angola and the World Bank Group today launched the country’s AgriConnect Compact, a national framework to boost domestic food production, create employment, and mobilize private investment in agricultural value chains. The Compact brings together government, private sector, financial institutions, development partners, and farmer organizations around a shared agenda to transform the country’s agricultural…

Africa

Africa: Falcon Aero Names New Chairman in Regional, Global Growth Drive

eriinfo.com1 month ago03 mins

Falcon Aerospace Limited is intensifying expansion beyond the sub-region into key African economic hubs, as part of moves to strengthen its international presence and mobilise capital for growth. The company said the move will deepen connectivity across Africa, while positioning business aviation as a driver of economic development on the continent. In advancing this objective,…

Telkom’s data growth story still has years to run: CEO

eriinfo.com2 months ago05 mins

As voice revenue dwindles into a commodity and the industry braces for data eventually to go the same way, Telkom Group CEO Serame Taukobong reckons the operator has years of data-driven growth still ahead of it – and a broader definition of “data” than its mobile rivals. Asked by TechCentral where Telkom’s growth will come…

Africa

Africa: Standard Bank Marks Africa Day With Week-Long Celebration of Malawi’s Culture, Identity and Growth

eriinfo.com2 months ago08 mins

Rather than limiting the celebration of Africa Day to a single date on the calendar, Standard Bank Malawi dedicated an entire week to honouring the continent’s rich heritage, cultural identity and shared aspirations, engaging communities across the country in a vibrant campaign that celebrated what it means to be Malawian. Under the theme “We’re in…

Africa

Africa: Making Water Work in Mozambique for Economic Growth, People, Food and the Planet

eriinfo.com2 months ago010 mins

Water drives over half of Mozambique’s economy, 90% of exports, and 84% of jobs–yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact 2026-2036 chart a path forward: $14.3 billion by 2030 to secure resources, deliver services, build climate resilience, and mobilize finance. Discover…

Reunert company iqbusiness acquires Silversoft Group, expanding ERP and PSA capability and accelerating international growth

eriinfo.com2 months ago06 mins

Rob Godlonton, CEO of iqbusiness. iqbusiness is a key part of Reunert’s ICT segment and reflects the group’s strategic commitment to expanding its digital and technology capabilities. Since acquiring a majority stake in iqbusiness in 2023, Reunert has continued investing in its ICT segment, strengthening its position as a leading South African technology and digital…

Africa’s energy transition is a growth story – but only if we act together

eriinfo.com2 months ago09 mins

Shameel Joosub, Vodacom Group CEO. Africa’s energy transition to lower-carbon, more reliable and accessible power systems has the potential to reshape economies, uplift communities and support development throughout the continent. With abundant renewable energy resources and growing recognition of the urgency of decarbonisation, Africa is well-positioned to leapfrog parts of traditional energy systems and build…

Zoom stock surges 18% as corporate expansion and AI fuel growth

eriinfo.com2 months ago04 mins

Shares of Zoom Video Communications Inc. skyrocketed as much as 18% on Friday, marking the company’s largest intraday gain since September 2020. The stock rally followed a stronger-than-anticipated sales forecast, signalling that the videoconferencing pioneer is successfully convincing enterprise clients to pay for its broader ecosystem of workplace productivity tools. Read: Google says Gemini Omni…

Africa

Africa Must Turn Trust and Critical Minerals Into Factories, Jobs and Lasting Growth

eriinfo.com2 months ago02 mins

South Africa’s G20 presidency last year revived an old and uncomfortable question: If Africa has been “rising” for more than two decades, why has so much of that promise failed to translate into factories, jobs, exports and broad-based prosperity? The answer, according to economists and investment thinkers, lies not in the absence of opportunity, but…