Since he was appointed chairman of the board of directors of Ecobank at the end of June, the way Alain Francis Nkontchou, 57, speaks has not ... changed in substance. The former investment banker, co-founder of asset manager Enko Capital, expects the financial sector to support African economies better.
In the United States, the pursuit of financial compensation is sometimes more important than the pursuit of truth, as proven by the settlement ... of several class action lawsuits that had pitted several groups of buyers against the e-commerce platform Jumia since May 2019.
On the evening of Saturday July 25, the MV (Merchant Vessel) Wakashio grounded on coral reefs in the south-east of the Indian Ocean tropical ... island of Mauritius. The ship, a Japanese-owned but Panama-registered bulk carrier designed to transport unpackaged goods such as coal or grain, was empty of cargo but had an estimated 200 tons of diesel and 3,800 tons of heavy fuel oil onboard. The ship sat for over a week before cracks emerged in its hull.
Due to the Covid-19 pandemic and sharp fall in crude oil prices, economies around the world slowed down, with recessions expected almost everywhere. ... The year 2020 has been unprecedented. But the Central Bank of Nigeria (CBN) and invariably the federal government did not plan for any shocks in the economy.
Covid-19 has prompted widespread discussion of the resilience of food systems and how efficiency and competitiveness have been previously understood. ... Recent decades have seen the growth of increasingly complex food value chains. These are underpinned by just-in-time delivery systems, a growing share of food products sold through supermarkets, and increasing concentration of ownership among powerful, large food manufacturers.
In an attack which left two Nigeriens and six French nationals dead on 9 August in Kouré, the terrorists targeted a symbol: the country’s ... decision to prioritise developing tourism over investing in a full-fledged security apparatus.
In September 2014, a US drone strike killed Al-Shabaab’s most influential leader, Ahmed Abdi Godane. The immediate assumption was that Godane’s ... death would weaken the group and reduce its capacity to carry out further terrorist activities.
Peace talks involving the government of Cameroon and Anglophone separatists are at a standstill due to a power struggle playing out between prime ... minister Joseph Dion Ngute and secretary general of the presidency Ferdinand Ngoh Ngoh.
The Zimbabwean government recently signed an agreement to pay 4,500 white farmers $3.5bn for infrastructure improvements on the land expropriated ... by the government during the chaotic land reform programme of 1997/8.
Facing off against oil lobbies and unhappy finance ministers, this central banker for a group of countries in Central Africa has many challenges ... ahead. In the third part of our series on the governors running central banks, we take a look at Abbas Mahamat Tolli, the governor of the Bank of Central African States (BCAS).