South Africa remains the most important economy in the continent despite being overtaken by Nigeria as Africa’s biggest, South African economists said. The result of a long awaited rebasing of Africa’s most populous nation showed that Nigeria’s GDP…
Browsing: growth
The United States added a modest 192,000 jobs in March as the economy emerged from a brutal winter, while the unemployment rate held steady, Labor Department data showed Friday. Job growth in the world’s largest economy was a shade below analysts’ average…
British pharmaceutical giant GlaxoSmithKline on Monday announced a five-year investment programme for sub-Saharan Africa to fuel the company’s growth and to serve an area with “pressing health needs”. GSK will invest up to £130 million ($216 million…
Chinese manufacturing activity contracted in March to its weakest rate in eight months, data showed Monday, the latest indication of slowing growth in the world’s number two economy. The data is the latest in a string of weak indicators out of Beijing…
Sri Lanka’s economy grew a weaker-than-expected 7.3 percent last year, the country’s central bank said Friday as it kept interest rates at multi-year lows as it looks to boost private investment and lending. The Central Bank of Sri Lanka said last year…
Britain is set to grow faster than expected this year and next, Chancellor of the Exchequer George Osborne said in his annual budget Wednesday, drawing battle lines before national polls in 2015. Osborne warned however that an escalation of the Ukraine…
Fast Market Research recommends “Soup in Nigeria” from Euromonitor International, now available Boston, MA — (SBWIRE) — 03/18/2014 — Westernisation and changing consumption patterns are resulting in sales growth of soup in Nigeria. More consumers…
Nigeria continues to have the potential to be a major player in the world economy. The West African nation’s annual growth rates have averaged almost seven percent during the last decade and have been pretty much driven by development in trade, investment…
Waves of gravity that rippled through space right after the Big Bang have been detected for the first time, in a landmark discovery for understanding how the universe was born, US scientists said Monday. The waves are evidence of a rapid growth spurt…
The growth and increasing visibility of Colombia’s Muslim community has elicited a reactions over the past couple years, ranging from outspoken resentment to a relatively high number of new conversions to the religion. According to a paper published…