Economy

Johannesburg, South Africa –  The 5th Edition Connected Africa Summit – Africa’s Premier Telecom Summit, co-hosted by Accenture, concluded with resounding success, marking a pivotal moment in the telecommunications landscape of the continent. Held in the vibrant city of Johannesburg, this year’s event served as a testament to the region’s leadership in driving innovation and excellence in the telecom sector.  A Dynamic Gathering of Telecom Leaders With an impressive turnout of over 300 attendees representing…

LONDON (Capital Markets in Africa): Saxo Bank, the leader in online trading and investment, today announced its annual Outrageous Predictions for 2024. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across the financial markets.  “The End of the Road” for Complacency Entering 2024, Saxo Bank sees a world at an inflection point, with the familiar road of the last decade coming to an…

For over a decade in the 2010s, Ethiopia was widely regarded as one of Africa’s most promising economies, averaging economic growth of nearly 10% per year per capita according to data from the World Bank. More recently, Ethiopia has faced multiple shocks that have considerably slowed its economic growth, including civil unrest, the COVID-19 pandemic and adverse climate events. Despite these significant challenges, it appears that Ethiopia is now on the road to recovery with…