Africa’s growing youth population, rapid urbanisation and the increased purchasing power of these consumers, are major factors that are driving this massive US$500bn retail ecosystem
Finance
IMF staff completes review mission to Cabo Verde
An International Monetary Fund (IMF) staff team led by Malangu Kabedi-Mbuyi visited Praia and Boa Vista from 3-16 December to hold discussions on the first review under Cabo Verde’s programme supported by the Policy Coordination Instrument (PCI)
Partech Africa fund reaching a total of nine portfolio startups
Partech Africa Fund has completed eight transactions, six new deals and two follow-on investments in 2019
Driving industrialisation in African, Caribbean and Pacific Countries
Tony O Elumelu, founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, urged African, Caribbean and Pacific (ACP) heads of state to improve the business environment in their countries to drive industrialisation and wealth creation in ACP member states
Validating African Continental Free Trade Area (AfCFTA) Business Index
Over the course of two days, Pan-African Trade experts will meet to validate the methodology to produce the African Continental Free Trade Area (AfCFTA) Country Business Index at the United Nations Conference Centre in Addis Ababa