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Economic News

Can West Africa lead the way in creating a more sustainable textiles industry?
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– Textile and fashion is the world’s second-largest industrial polluter, behind oil and gas – Concerted efforts are being made to create more sustainable business models – Two solar-powered, sustainable textile plants under construction in Togo and Benin – Increased cotton processing could mean value-added textile earnings stay in West Africa With textiles and fashion expected to…
Economic View

Farid Chedid, Chairman and CEO, Ascoma Group

On fuelling economic growth in Africa through insurance penetration In what ways did the Covid-19 pandemic impact the insurance sector in Africa? FARID CHEDID: Government measures to reduce the spread of Covid-19 such as national lockdowns have translated into slow economic growth, and in some cases recession. The performance of the insurance sector is traditionally closely linked to that of the…

Economic News

Private Equity in Africa: funding the gap and stimulating the economy
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The African PE industry has become increasingly complex and diverse, with the arrival of global institutional investors in recent years paving the way for some of the world’s largest firms to enter the market. Between 2014 and 2019 the total value of the 1053 PE deals reported in Africa reached $25.4bn. While deal volumes have maintained an upward trend, their value has gradually…

Economic News

Rethinking the future of the agriculture sector through sustainability and modernisation
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En Français For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector. In addition, export crops such as coffee, tobacco, oranges, fruit and cotton are important sources of foreign exchange for…
Vidcast

Rethinking the future of the agriculture sector through sustainability and modernisation

En Français     For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector. In addition, export crops such as coffee, tobacco, oranges, fruit and cotton are important sources of foreign exchange for every country o
Economic News

Video: Agriculture in Africa 2021
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En Français This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group. The video presents — with the use of graphical data — the region’s export potential, food security challenges and how the creation of the African Continental Free Trade Area (AfCFTA), and increasing…
Growth Perspectives Video

Video: Agriculture in Africa 2021

En Français This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group. The video presents — with the use of graphical data — the region’s export potential, food security challenges and how the creation of the African Continental Free Trade Area (AfCFTA), and increasing moderni
Covid Response Report

Agriculture in Africa 2021: Focus Report

Home to 60% of the world’s arable land, Africa has the potential to meet not only its own food needs, but also those of the rest of the world. Agriculture remains one of the most important economic sectors for the continent, employing the majority of the population and accounting for 14% of GDP in sub-Saharan Africa. The Agriculture in Africa 2021: Focus Report outlines the region’s export…
Overview

Why the moment for investing in Africa is now?

  On March 17th 2021, the webinar “Why Invest in Africa Now? – The Africa Advantage” event, organized by the Dubai Chamber of Commerce and Industry took place. Looking to increase awareness about FDI opportunities in Africa, especially targeting investors from the UAE, this webinar had among its speakers Bernardo Bruzzone, Oxford Business Group´s Regional Editor for Africa. M. Bruzzone
Economic News

Can the global energy transition boost Africa’s Covid-19 recovery?
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– Covid-19 has accelerated the shift from hydrocarbons to renewable energy sources – While investment in oil and gas slumped, renewables remained resilient throughout 2020 – Cobalt, nickel and copper are central to the production of rechargeable batteries – With its vast reserves, sub-Saharan Africa stands to benefit from the surge in demand Covid-19 and the resulting fall in oil prices…