Market News

African pension fund capital has reached $340 billion and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270 billion. These figures come from the Bright Africa . . .

As part of plans to improve the working conditions of teachers, the government has disbursed over 13.9bn/- between 2009 and 2013 for construction of their houses. This was revealed in the House by the Deputy Minister in the Prime Minister's Office (Regional Administration and Local Government ), . . .

 The head of the Dutch business delegation on a one-day visit to Africa, has told a Africa-Netherlands business dialogue that her investors have come to Africa to invest in the country's economy.   Netherlands Foreign Trade and Development Cooperation Minister Lilianne Ploumen disclosed . . .

 The Africa Investment Promotion Commission has said not less than forty intending investors have besieged the Commission for guide about investing in the African economy in the last one month.   The Executive Secretary of the Commission, Mrs Uju Aisha Hassan Baba disclosed this while re . . .

The World Bank Group has set aside $100 million to help Tanzania increase transparency and accountability in governance and boost public financial management as the country ramps up a series of major infrastructure projects. The bank said the “first-of-a-kind” ‘open government a . . .