South Africa

South Africa records lowest GDP in a century as economy shrinks 7% in 2020 amid COVID-19

Economy may not rebound until 2024, experts say Zainab Iwayemi A report released by Statistics South Africa has shown that…

South Africa’s unemployment rate hits record high at 32.5% in Q4’20 on the back of pandemic

 The government says the market not expanding to absorb more people into employment Analysts say the impact of the pandemic…

Investment interest in Africa grows as AIF 2019 sees 44% rise in deals value to $67.6bn

By Phillip Isakpa, in Johannesburg, South Africa Global investor interest in the continent of Africa continues to grow as the…

More pictorials from the ongoing Africa Investment Forum in Sandton, Johannesburg, South Africa

AIF ’19 opens with greater expectations as it delivers on promises of maiden edition

Africa Infrastructure Fund closes $500m equity to speed up agric investments $175m Africa Guarantee Fund equity transaction reaches financial close…

Abia, Ekiti, Kwara governors storm AIF ’19 on investment drive

The governors of Nigeria's subnational governments of Abia, Ekiti and Kwara states have taken their investment drive to the Johannesburg,…