African Business Magazine

African women build businesses

Across sub-Saharan Africa, ambitious women are unleashing their potential by starting businesses.  Female entrepreneurship in sub-Saharan Africa is rising rapidly, with a number of ambitious women defying the odds, going solo and unleashing their potential. In an increasingly interconnected...

Tuesday, May 21, 2019, 12:00 AM

Recruiters set sights on continent’s scarce executives

With the best executives creamed off by international firms, finding the right candidates remains a challenge for companies across the continent.  As the former global head of recruitment for PZ Cussons, a venerable British soap manufacturer that became one of Nigeria’s biggest consumer...

Tuesday, April 30, 2019, 12:00 AM

Commonwealth seeks new relevance with trade focus

The Commonwealth is often accused of being a post-colonial anachronism, but its general secretary is attempting to recast it as a global champion of free trade and opportunity. A voluntary association of 53 independent countries, most of which are former British colonies, the Commonwealth has long...

Tuesday, April 23, 2019, 12:00 AM

African pharma: A prescription for success

The value of the African pharmaceutical market is growing rapidly, but the continent still imports over 70 per cent of the drugs it consumes. According to a 2018 report funded by the European Union, counterfeit medicines account for up to 30 per cent of the global market. Counterfeiters prey on...

Tuesday, April 9, 2019, 12:00 AM

Boosting development through sovereign wealth funds

Africans overeign wealth funds (SWFs) can be put to far greater use as drivers of economic growth in their own economies. The first edition of the African Sovereign Funds Index, developed by strategy consulting firm Konfidants in partnership with the AfroChampions Initiative and PG and Partners,...

Tuesday, March 5, 2019, 12:00 AM

Cautious optimism in Africa’s mining sector

After five difficult years, some high-profile analysts think that 2019 could see an improvement in Africa’s mining sector, although much will depend on whether the US-China trade dispute is settled The African mining sector has endured a difficult time over the past five years....

Tuesday, February 26, 2019, 12:00 AM

What does 2019 hold for Africa?

In 2018, Nigeria’s economy stuttered, foreign investors welcomed South African President Cyril Ramaphosa’s anti-corruption drive and budget discipline, and despite a rebound in oil prices, Angola’s economy continued to experience a slump, while Ethiopia’s new reformist prime...

Tuesday, January 8, 2019, 12:00 AM

Do not underestimate the resilience of Africa, says Donald Kaberuka

Donald Kaberuka, the former President of the African Development Bank (AfDB), is now back in a big way with Southbridge, a merchant bank that he jointly manages with French-Beninese Lionel Zinsou who was Prime Minister of Benin from 2015-16. In this interview, Kaberuka reaffirms his belief in a...

Monday, October 8, 2018, 11:56 PM