U.S. coffee chain Starbucks plans to open up to 150 stores in South Africa, founder and chief executive Howard Schultz said on Friday.
- Loucoumane Coulibaly, additional reporting by Joe Bavier
High global demand for cashews is pushing up prices in Ivory Coast, the world's leading producer of the nut, where local exporters are battling with smugglers for supplies, farmers and exporters said on Friday.
- Janet Shoko
Zimbabwe's central bank has been sued by a disgruntled citizen over its failure to revive the local currency that was abandoned almost seven years ago due to runaway inflation.
After a day and a half of high-level discussions at an Africa investment conference, Arnold Ekpe, non-executive chairman of financial services holding firm Atlas Mara and former chief executive of Ecobank, sounds slightly exasperated. "African countries are not doing enough for themselves," he says. "I have been going to conferences like this for 20 years. We have to move from talk to action."
- George Turner and an anonymous Liberian journalist
As world leaders consider what to do about the revelations emerging from the Panama Papers, Liberia's government will be worrying about the fall-out that may cross the Atlantic Ocean from the affair.
African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits.
- High level Zimbabwe investment conference set for London
- Angola to restructure state oil firm Sonangol
- Banking: Angola probes management at local unit of failed Portuguese bank: official
- World Bank and Nigerian president discuss economic crisis and former president's loot
- Buhari, National Assembly resolve 2016 budget impasse
- Nigeria: World Bank and Buhari discuss the country's economic crisis
- Aviation: Kenya Airways gets court order stopping planned strike