Sub-Saharan Africa needs a new growth model to return to a path of income gains, the International Monetary Fund said, warning that public spending can no longer carry the region’s expansion. The IMF said reforms in governance, business rules and market openness could raise regional output by about 20% over 5 to 10 years, if…
African stock exchanges have crossed $2 trillion in combined market value, up from $1.6 trillion in 2024, according to the African Securities Exchanges Association. The gain comes after a decade of steady expansion across the continent’s capital markets, from Lagos to Abidjan to Cairo. Nigeria leads the pack. The NGX All-Share Index rose 283% since…
South Africa’s franchise sector contributes R721 billion to GDP. It employs hundreds of thousands of people and, on most measures, outperforms independent business ownership by a considerable margin. Those numbers are worth acknowledging. They represent real businesses, built by real people, in conditions that have been anything but straightforward. But there is a conversation the…
Bangui — new World Bank report released today calls for urgent structural reforms in the public finance sector and the mobilization of domestic resources in the Central African Republic (CAR) to consolidate macroeconomic stability and support human development, boost growth, and create the conditions for job creation. Entitled “Strengthening the Transparency, Sustainability and Efficiency of…
Introduction: Africa’s Immunization Landscape and Its Significance Africa stands at a pivotal moment in its public health journey. With a current population of 1.4 billion and projections to reach 3.3 billion by 2075, the continent’s immunization landscape holds immense significance—not only for health outcomes but for economic and social development. Immunization programs have already saved…
Naspers reported an 84% increase in profitability for the year ended 31 March 2026, supported by growth across its digital platforms portfolio and continued investment in artificial intelligence. Naspers’ logo is pictured on a smartphone in this illustration taken, 4 December 2021. Reuters/Dado Ruvic/Illustration The group said ecosystem adjusted EBITDA increased to $1.3bn, while free…
Entrepreneurs across Bellville and the Northern Suburbs looking to grow their businesses are invited to apply for the 2026 Bellville Connect Level Up Programme, a four-month business development journey designed to help local businesses strengthen their foundations, increase their visibility and connect with new market opportunities. Now entering its fourth year, the programme forms part…
The internet service provider’s CEO Van Zyl Botha details the company’s next growth areas, including adding one million South African homes to its expanding footprint. Internet service provider (ISP) Herotel is targeting an additional one million South African homes in the next two years, expanding its footprint to 1.6 million homes. So said Van Zyl…
Government is deepening its efforts to build State capacity and unlock development finance to drive industrialisation after securing access to a US$14 billion funding programme through Afreximbank. The Department of Trade, Industry and Competition (the dtic) and the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) that unlocks access to a massive…
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…
