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mobile money stats in africa

Mobile Money Bridges Unbanked Adults Gap

Gallup’s 2014 Global Financial Inclusion (Global Findex) database, which measures the extent of account penetration, the use of mobile money payments and saving and borrowing practices in more than 140 countries, reveals the impact...
Dangote Group

Dangote Group on the Africa Opportunity

Aliko Dangote, CEO of West Africa’s largest conglomerate, discusses expansion plans for his company and why now is the time to invest in Africa. Dangote Group is one of Africa’s leading industrial conglomerates, with interests...
McKinsey Report: Development In Electrical Power Across Africa

McKinsey Report: Development In Electrical Power Across Africa

Powering Africa Sub-Saharan Africa is starved for electricity. The region’s power sector is significantly underdeveloped, whether we look at energy access, installed capacity, or overall consumption. The fact that sub-Saharan Africa’s residential and industrial sectors...
Ngozi Okonjo-Iweala

McKinsey Global Institute Interview: Minister Ngozi Okonjo-Iweala

Nigeria’s finance minister, Ngozi Okonjo-Iweala, explains why addressing the technology, agriculture, and infrastructure needs in parts of Africa, and in other emerging markets, is crucial to sustaining global growth. The Growth Opportunity in Africa Emerging markets...
Investment Opportunities In Africa

Uncovering Hidden Investment Opportunities in Africa

Private equity is set to grow rapidly across Africa. Continent-wide demand for capital should increase by 8 percent a year between now and 2018. Annual growth could reach 20 percent in resource-rich Angola and...
Mobile Financial Services

A Major Potential Revenue Opportunity for Mobile Financial Services

Simplifying assumption that revenues are 2% of volume. Source: The Bill and Melinda Gates Foundation; McKinsey analysis. Sub-Saharan Africa offers tantalizing potential for mobile financial services, but as yet there have been few success stories. One...
Africa-United States Ties

Lions Go Global: Deepening Africa’s Ties to the United States

Africa is the world’s second-fastest growing economic region, yet United States engagement with the continent is lagging. There’s an opportunity to change that. The White House has invited some 50 African heads of state to...

Can Nigeria Hang On To The Number One Economic Standing

Nigeria is Africa’s new economic leader. As if in line at McDonalds, Nigeria supersized its meal and got the winning monopoly piece on its French fries. The winning billions made Nigeria the continent’s biggest economy...
board room

5 Questions To Ask Before Joining A Company Board In Africa

A strong track record and reputation will likely land you a board seat in due time. As an investor, that opportunity comes quicker than you expect if you plan to protect your investment. There...

4 Countries Best For Chicken Investment In Africa

It is Friday night in Maputo and nightlife has not exactly started. But the KFC is bustling on Avenida 25 de Setembro with families buying buckets of chicken for dinner and groups of singles...
packaging industry

Packaging In Africa: Fast-Moving Consumer Goods

Consumer goods like bagged milk, foil-wrapped cashews, and paper-wrapped take-away of an oily African dish are the headaches of daily life in Africa. Such packaging no-no’s are not a problem if you are selling...
fast-moving consumer goods

Fast-Moving Consumer Goods: Soaps And Detergents In Africa

If you know a woman who is experienced in traveling Africa, ask her what things she always travels with. She will definitely mention two things: soap and toilet paper. If you are an investor...

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