south africa

According to data from the Central Bank of Kenya, diaspora remittances reached an all-time high of $4.95 billion in 2024, marking an 18 per cent increase from 2023. 

Diaspora remittances impact East Africa’s real estate market

JSE-listed food service group BidCorp has reported a 10 per cent year-on-year increase in headline earnings per share to R12.67 for the 6-months ended 31 December 2024. 

BidCorp H1’25 HEPS up 10% 

CNBC Africa’s Fifi Peters spoke with Alvaro Lario, President of the International Fund for Agricultural Development for more. 

IFAD President on transforming African agriculture 

The Finance Track Meetings of the G20 are still currently underway in Cape Town, and one of the key priorities for business is supporting Africa’s economic development. 

Sanlam’s Paul Hanratty on supporting Africa’s economic development 

The continent’s private equity space is fast picking up after a global slowdown with the latest numbers checking in showing at least $28 billion was raised. 

Private equity report reveals $27.6bn raised between 2020-2024

As the chairmanship of the G-20 shifts, this took a front seat at the ongoing B20 leaders meeting underway in Cape Town, South Africa. 

Why Africa must take a front seat in global trade

Kenya has launched a buyback offer for it’s $900 million Eurobond due in May 2027. The buyback will be financed by a new issuance of US dollar denominated notes with pricing tipped to be around February 27. 

Inside Kenya’s $900mn Eurobond buyback offer

Jobson Osedion Ewalefoh, Director General of The Infrastructure Concession Regulatory Commission believes that leveraging private sector financing is key to bridge Nigeria's infrastructure gap.

Ewalefoh: New policies designed to simplify processes, attract foreign investment

The National Pension Commission says the approval to issue a 758-billion-naira bond to settle longstanding pension liabilities under the Contributory Pension Scheme would benefit university professors, low-income earners among others. 

Will Nigeria clear pension liabilities backlog?

Endeavor Catalyst notes the rapid growth in AI-powered startups and fintech solutions, including digital banking, payments and blockchain adoption are among key investment trends shaping Venture Capital and Africa’s entrepreneurial ecosystem. 

Endeavor: AI & fintech innovation key trends shaping VC & Africa’s startup ecosystem

Nigeria’s gas sector is gaining momentum. That's the stance of Paul Eardley-Talor the gas sector lead at standard bank who believes that natural gas is not just a transition fuel but a key destination fuel for Nigeria’s energy future. 

Taylor: Nigeria can learn from India’s gas infrastructure expansion

Crop production, trade and telecommunication and information services emerged the top 3 contributors to Nigeria’s real GDP in the fourth quarter of this year. 

SOUTH AFRICA