Bank of America reports higher profits, sees 'solid' US economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Revenues fell by less than one percent to $23.0 billion.

Profits also were higher in global banking and global wealth and investment management, helping to offset a decline in global markets, where Bank of America was hit by a trading slowdown that has also dented other large banks. Executives described US growth as “solid,” with Donofrio pointing to forecasts that 2019 growth will be in line with the average of the last eight years.

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African Bank President calls for the US to up its investments in Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The President of the African Development Bank has called on the United States to up its investment game in Africa as he made the case for the world’s largest economy to look beyond traditional sectors on the continent. Oh so now they want investment but they blame the 'west' for or the problems in africa Really? Why not African countries? One thing that realDonaldTrump does best and I like him for is inward economic development. _AfricanUnion should encouraging Africans to invest in themselves than calling for investment elsewhere. Copy realDonaldTrump policies and prosper. 😭😭😭 It this coming from the president of the highest instution in Africa😭😭 instead of calling on US. Africa should create an environment conjusive to grow their own investments and also create opportunities for its locals to be able to partner US on equal opportunities. 🙏
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