Emirates airline could reduce the frequency of its flights to African cities or cut routes completely if current economic and financial challenges on the continent continue, President Tim Clark told reporters on Tuesday.
Africa could become a significant global market for imported liquefied natural gas (LNG) by 2025, with Egypt the main driver, as more countries eye gas-to-power projects, a senior official at Total said on Tuesday.
Governance across Africa has improved very little over the past decade as deteriorating safety and rule of law have held back progress made in other areas such as human rights or economic opportunities, a survey said on Monday.
Economic growth in sub-Saharan Africa is likely to slip to 1.6% this year, its lowest level in two decades, due to continuing woes in the continent's largest economies South Africa and Nigeria, a World Bank report said on Thursday.
- Nicholas Norbrook and Mark Anderson
The time is 6:02AM, the year 2026, the location Lagos Financial City. Fatima Abouzeid flails at her digital personal assistant to silence the alarm, which in return flashes her a miffed/not-miffed emoji and starts to warble the main news headlines of the day.
African governments in the grip of Eurobond fever should look closer to home to secure financing vital to their economic development as borrowing costs on international debt markets rise, the president of the African Development Bank said.