Business

Sat,18Apr2015

Business

Broken machines and broken trust in Nigeria

Cattle theft and conflict with farmers are just two of Fulani herders’ woes. Photo©Jacob SILBERBERG/PANOS-REAThe cattle industry in Nigeria will not take off unless more money is invested and more time is spent on addressing the conditions of pastoralist herding communities.

Read more...

Aviation: Kenya Airways to sell assets, seeks loan to navigate cash crunch

Photo©ReutersKenya Airways is to sell some older planes and land and is negotiating a bridging loan to help it through a cash crunch caused by a drop in passenger numbers, its chief executive said on Friday.

Read more...

South Africa's public-sector wage demands would cost $1.7 bn

South African currency, Rand note; Photo©ReutersWage demands by South African public-sector unions would cost the government an extra 20 billion rand ($1.67 billion) over the next financial year, the country's finance minister, as workers threaten mass protests in a push for higher pay.

Read more...

Aviation: Airlines in West Africa seek capital and partners

Photo©ReutersCameroon state airline Camair-Co will use $50 million from African lender Ecobank to relaunch its operations, a senior executive said, as national carriers in West Africa seek cash and strategic partners to stay afloat.

Read more...

Banking: French bank targets Chinese investments in West Africa

Photo©ReutersFrench bank Societe Generale plans to expand its retail and commercial activities in West Africa to target increasing Chinese investments in the region, a bank executive said on Thursday.

Read more...

Ebola-stricken countries seek $6 bn in aid and debts cancellation

President Ernest Bai Koroma. Photo©ReutersThe Ebola-stricken nations of West Africa are asking international donors to cancel their debts and give them $5-6 billion over two years to rebuild their economies, devastated by the deadly disease, Sierra Leone's president said on Thursday.

Read more...

Ethiopia: World Bank invests in local company

Photo©ReutersEthiopian based flower grower, Afriflora Group, is set to benefit from a World Bank finance facility, after the bank announced it will lend up to €90 million to the company.

Read more...

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us