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The Six Sectors in Africa Currently Attracting Global Investors
Global investors are turning to Africa with renewed focus, drawn to six fast-growing sectors: agriculture, critical minerals, data centers, renewable energy, oil and gas, and manufacturing. Tens of billions of dollars are already flowing into the continent this year, as global trade realigns in response to U.S. tariffs.
Joyline Arodi
Nov 202 min read


Gen AI, A Tool for Africa's Economic Transformation
Generative AI (gen AI) is fast emerging as one of the most powerful tools for Africa’s economic transformation. Estimates suggest the technology could add between $61 - $103 billion annually to Africa’s GDP if deployed at scale.
Joyline Arodi
Nov 12 min read


Africa's Telecom to Connect 500 Million Users by 2030, Adding $170 Billion
Africa’s telecom sector is entering a decisive decade, with the potential to connect 500 million new users by 2030—a shift that could...
Claire
Sep 92 min read


Foreign Investment in Africa Jumped 75% in 2024, Defying Global Trends
A Surge in Foreign Direct Investment Africa stood out in 2024 as one of the few regions to buck global investment headwinds. Foreign...
Claire
Aug 212 min read


Africa's Private Capital Flows Doubled in 2024,Defying Global Trends
Africa’s private capital landscape demonstrated remarkable resilience in 2024, defying global downturns with a significant rebound in...
Claire
Jun 252 min read


Africa Processed $1 Trillion in Mobile Money Transactions,65% of the Global Total
Mobile money has emerged as a transformative force in Africa, evolving from a tool for financial inclusion to a cornerstone of economic...
Claire
Apr 252 min read


Africa's Fintech Sector to Grow 5X to $47 Billion
# Exploring Growth in the African Financial Services Sector ## A Dynamic Landscape of Opportunity The African financial services sector,...
mercy munyao
Mar 213 min read


Africa Can Unlock $3.4 Billion Through Regional Trade
Africa stands at a critical juncture in its economic development, with the potential to unlock a $3.4 billion trading market through...
mercy munyao
Feb 262 min read


Nine of the Top 20 Performing Economics in the World to come from Sub-Saharan Africa in 2025
The International Monetary Fund’s (IMF) World Economic Outlook report forecasts Sub-Saharan Africa’s economic growth to reach 4.2% in...
Claire
Feb 102 min read


Sub-Saharan Africa is Expected to Double its Renewable Energy Capacity by 2030
Sub-Saharan Africa is set to experience a transformative leap in renewable energy, with nearly 90 GW of new capacity forecasted from 2024...
Claire
Jan 302 min read


Chinese Lending To Africa Fell to its Lowest Level in Two Decades
Over the past two decades, China has emerged as one of the largest business partners for sub-Saharan Africa, purchasing over a fifth of...
mercy munyao
Jan 61 min read


Top Five Innovation Performers In Africa
In the latest Global Innovation Index (GII) rankings, Sub-Saharan Africa (SSA) showcases a blend of progress and challenges, with several...
mercy munyao
Dec 22, 20242 min read


How Africa's Demographic Could Change the World
Africa is undergoing a profound demographic transformation that holds the potential to reshape the global landscape. As of April, India...
spotlightethio
Dec 1, 20241 min read


Impacts Of Kenya's Finance Bill 2024 On The Local Economy
The 2024/25 Kenya Budget, presented by Finance Minister Njuguna Ndung’u, has sparked intense debate. With a budget deficit at 3.3% of GDP...
mercy munyao
Jul 12, 20241 min read


How Africa's Mineral Wealth Can Supply The Clean Energy Transition
Sub-Saharan Africa has a unique opportunity to capitalize on its abundant critical mineral reserves amidst the global shift towards clean...
mercy munyao
Jun 23, 20242 min read


Could Carbon Credits Become Africa's Net Big Export?
Carbon credits are emerging as a strategic tool for combating climate change by allowing companies and countries to offset their carbon...
merabweri
May 5, 20242 min read


Several African Central Banks Are Exploring Digital Currencies to Enhance Payment Systems.
As Africa strives towards financial inclusion, several countries in the continent are currently exploring the use of Central Bank Digital...
merabweri
Apr 14, 20241 min read


Africa dominates list of the world’s 20 fastest-growing economies in 2024
In 2024, Africa is poised to dominate the list of the world’s 20 fastest-growing economies, with eleven African nations expected to...
merabweri
Mar 28, 20241 min read


Trends in African Startup Funding Show a Shift in Investor Focus
In 2023, African startups secured a total of $2.9 billion in funding across equity, debt, and grants for deals exceeding $100k, marking a...
merabweri
Feb 26, 20241 min read


Six of the Top 10 Performing Economies in the World are Expected to Come From Sub-Saharan Africa in 2024.
According to the IMF, six of the top-10 fastest-growing economies are expected to emerge from Sub-Saharan Africa. Ivory Coast, leading...
merabweri
Feb 26, 20241 min read


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