African news, analysis and opinion
WEBExclusive Ranking. Our exclusive ranking of Africa's Top 500 companies, including an interview with Aliko Dangote, on the launch of his new refinery. Start reading. Coca-Cola plans $1 bn investment in Nigeria Coca-Cola will invest $1 billion in Nigeria over the next five years, foreseeing “significant social and economic advancements” as ...
Hundred days in, how is South Africa’s ‘second miracle’ GNU …
WEB3 days ago · Four months ago President Cyril Ramaphosa’s African National Congress suffered its worst electoral defeat ever, dropping to just under 40% of the vote and losing its parliamentary majority for the first time. Still, Ramaphosa retained his job and this week told the United Nations General Assembly that the new government was South Africa’s “second miracle”, following the country’s ...
Deutsche Bank considers African trade finance, clearing expansion
WEB3 days ago · The head of the corporate bank for Middle East and Africa, Kees Hoving, tells The Africa Report he see scope to increase the bank’s role in structuring African trade. The bank, whose African trade finance and clearing businesses are based in Nigeria and Egypt, is “actively considering expansion in Africa,” Dubai-based Hoving says, adding ...
US push for more African seats at the UN reveals continental rivalries
WEBSep 17, 2024 · The US envoy to the United Nations, Linda Thomas-Greenfield, has said she is giving her African counterparts what they want by offering them two permanent seats on the Security Council. Keen to court the continent’s favour ahead of next week’s UN Summit of the Future in New York where many African …
Latest Stories: Latest articles - The Africa Report.com
WEBin the lead. GTB, Standard Bank, Access, Bank Misr… Africa’s top 300 finance champions Hats off to the winners. Nigerian banks took 1st, 3rd, 4th, 7th, and 9th places in our 2024 ranking of African banking groups.
Opinion: Just over the border from my home in South Sudan, a …
WEB3 days ago · Displaced people arrive in South Sudan from Sudan through the Joda border crossing. (UNHCR/Ala Kheir) The Sudanese civil war erupted in April 2023 and has already claimed the lives of over 15,000 people. Eight million have been displaced. Yet the international focus is on other crises elsewhere.
Discovery Health, new king of African insurers
WEB6 days ago · It was almost inevitable. Fifth in 2019, fourth in 2020 and 2021 and third in 2022 and 2023. At the end of the 2023 financial year, South Africa’s Discovery Health, the brainchild of Adrian Gore in 1992, became the continent’s largest insurer in terms of gross written premiums (the proportion of written premiums earned during the accounting period), equivalent to $4011bn, making it the top ...
‘Africa’s debt situation remains worrying….but there’s good news’
WEBJan 14, 2022 · Despite promising signs of a continuing global economic recovery in 2022, the African debt situation remains worrying. Over 20 low-income African countries were in debt distress or at risk of debt distress in autumn 2021 according to the IMF. The good news is that while overall debt levels have generally risen, action requested by African ...
Africa in 2024 - The Africa Report.com
WEB10 African scholars to watch in 2024 African scholars – in Africa and in the diaspora – make significant contributions to the wellbeing of people and society both at home and abroad. Africa in 2023: Debt, despondency and democracy The debt crisis has been years in the making, but this year it came to dominate the economic and political ...
Politics: Latest articles - The Africa Report.com
WEBWhile Mali’s Goïta dreams of an AoSS passport, China’s Emptech eyes Malian market Chinese company EMPTECH is trying to replicate its success in Burkina Faso, despite Mali’s announcement of a common passport for AoSS countries. contempt. Kenya: Police boss sentenced to jail over abducted protestors, defies court orders The Kenyan police ...