Success stories are back to back. The post-Covid phase, from late 2020 to 2021, saw an upturn in revenue and a dramatic increase in profits turned by Africa’s largest companies.
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missing links
Tanzania’s Standard Gauge Railway: Most advanced, but victim of minor private sector investment Tanzania’s standard gauge railway project – that seeks to open up quicker transport corridors towards the vast hinterland of Burundi, DRC, Rwanda, and Uganda – is the most advanced on the continent, but also a victim of a lack of private sector financing.leverage accelerator
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South Africa prepares for the worst in load shedding It only took one statement to bring South Africa’s Eskom shares into the red. On Thursday, 18 May, Calib Cassim, acting CEO of the publicly-run national power company, warned the public that a “very difficult” winter was to be expected, with load shedding reaching stage 8.money matters
African Debt: Three proposals to reform the SDR system Hanan Morsy, Deputy Executive Secretary and Chief Economist of the United Nations Economic Commission for Africa (ECA), shares insights on new proposals to reform the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) allocation system.