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Former British Prime Minister Tony Blair leaves the BBC Headquarters after appearing on the Andrew Marr Show, in London

Mixed Reactions

Zanzibar follows Tanzania’s lead in turning to Tony Blair for help with its reform

Just like mainland Tanzania, the semi-autonomous region of Zanzibar has hired former British Prime Minister Tony Blair to help expedite the implementation ... of MKUZA, its 2025 policy plan of economic growth and poverty reduction. Public opinion over Blair's involvement remains divided.

A man’s home is his castle

South Africa: Nkandla, the land where Jacob Zuma is king

South Africa’s former president Jacob Zuma, who was sentenced to 15 months in prison for contempt of court, has been released on medical grounds. ... He is expected to serve the remainder of his sentence at his estate in Nkandla, the expensive home that he has made the backbone of his political and judicial battles.

South Africa's central bank Governor Lesetja Kganyago looks on next to finance minister Tito Mboweni as they attend an event to launch a commemorative coin, in Johannesburg

Bear Case

South Africa: Inflation risks undermine case for equity investors, research says

The danger that interest rates will need to rise to combat inflation undermines the case for investing in South African equities, new analyst ... research says.

Politics is local

Kenya: Politicians up ethnic rhetoric ahead of 2022 polls fuelling worries

The rush by politicians to use their ethnic blocs as bargaining chips in the political game is beginning to worry many Kenyans who fear the cut-throat ... competition could cause violence in a disputed election, as has happened in the recent past.

A woman shows a screen of her smartphone, where Access bank mobile app is seen among others, in Abuja

bounce back

Top 200 African banks: Shaken by Covid-19, but showing resilience

Pushed off balance, like the rest of the continental economy, by the Covid-19 crisis, Africa’s big banks have nevertheless shown adaptability ... during this period, and some are already bouncing back.

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pandemic pressure

Top 200 African Banks: ‘Nigeria is a long-term strategic, important market’, says Ecobank’s Ayeyemi

The CEO of Ecobank Ade Ayeyemi says Nigeria is crucial to the pan-African bank’s fortunes and that the troubles exacerbated by the Covid-19 ... crisis will not hurt its long-term trends.

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THE GENERALS’ GRIP

Sudan: The African Union calls for all arrested leaders to be released

The military’s seizure of power and arrest of top civilian leaders in the Sudanese capital, Khartoum, in the early hours of 25 October, sets ... up a trial of strength and ingenuity between the generals and the hundreds of thousands of pro-democracy protestors, who took to the streets across the country last week.

Zanzibar follows Tanzania’s lead in turning to Tony Blair for help with its reform

A man’s home is his castle

South Africa: Nkandla, the land where Jacob Zuma is king

Bear Case

South Africa: Inflation risks undermine case for equity investors, research says

Mixed Reactions

Zanzibar follows Tanzania’s lead in turning to Tony Blair for help with its reform

A man’s home is his castle

South Africa: Nkandla, the land where Jacob Zuma is king

Bear Case

South Africa: Inflation risks undermine case for equity investors, research says

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Parallel Congresses

Nigeria 2023: Has Tinubu lost control of Nigeria’s South-West?

Frontline presidential hopeful, Bola Tinubu, plans to become Nigeria’s leader in 2023, but cracks in his political base in the recently conducted ... congresses expose weaknesses that are being exploited by his contenders.

Slim Chance

Ethiopia: Latest fighting in Tigray and Amhara has no clear gains for either side

Fighting continues to rage in northern Ethiopia after Prime Minister Abiy Ahmed launched a major offensive involving thousands of troops against ... rebels from the country’s Tigray region earlier this month.

Sudan's new Prime Minister Abdalla Hamdok

new coup?

Sudan: PM Hamdok under house arrest amid reports of coup

Sudan's Prime Minister Abdalla Hamdok is reported to be under house arrest in Sudan's capital Khartoum. ...

illegal surveillance

Africa: Surveillance laws do not exist, or are being ignored

African governments are purposefully using surveillance laws that lack clarity, or ignoring the laws in order to carry out illegal digital watching ... of citizens.

economic downturn

How China’s slowing economy will affect African countries

On 18 October, the value of the South African currency fell 1.1% in response to worse-than-expected third-quarter data that revealed the Chinese ... economy slowed to its slowest pace in a year.

less travel

Africa: Coronavirus has negatively impacted conservation tourism

It's estimated that the reductions in travel in 2020 alone wiped $4.5trn from the global tourism economy and cost millions of jobs. In Africa, ... half of all tourism workers lost their jobs.

climate investment

How Africa can ride the growing wave of climate tech investment

Investment in climate tech is once again booming. Capital is pouring in from different directions, from VCs to companies committing to ESG (environmental, ... social and governance).

Breaking ties

DRC: Katumbi is preparing to break his alliance with President Tshisekedi

On 15 October, Tout-Puissant Mazembe, Lubumbashi's flagship club, drew with Durban’s Amazulu. After a disappointing season last year, Moïse ... Katumbi's players were hoping to get back on track, but couldn’t manage anything better than a draw that day.

three card trick

Top 200 African Banks: Visa VS Mastercard VS UnionPay

China’s UnionPay is giving the US payments giants Visa and Mastercard a run for their money in Africa; fighting back, the two are investing ... in new financial services, from purchasing fintechs to buying stakes in telecoms firms

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Sense of fulfilment

Nigeria’s Lekan Babalola on ‘Lakaaye’ his Afrofuturist version of Ogun, the Yoruba God

Lekan Babalola was awarded two Grammys in 2009 and 2006 respectively, for his work on Cassandra Wilson's Loverly and the joint album In the Heart ... of the Moon by Ali Farka Touré and Toumani Diabaté. The Africa Report caught up with him in September, a few hours before his trip to Lagos to promote his latest album, Lakaaye.

High stakes

Mali launches negotiations with the jihadists, but at what price?

As Barkhane troops continue to leave the country, Mali’s transitional regime has decided to reopen negotiations with Iyad ag Ghaly and Amadou ... Koufa, crossing a red line for Paris.

up start

Top 200 African Banks: Morocco’s Attijariwafa shows its digital agility

Five years ago, Attijariwafa Bank (AWB), the leading bank in Morocco, set the tone: the group’s ambition was to position itself as ‘the top ... customer-centred bank, focused on satisfying the needs of its clients [by] taking advantage of new technologies linked to digitalisation’. With 27 major programmes and 105 projects, its strategic plan ‘Energies 2020’ put the emphasis on digital technologies.

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Sleeping Giants

AZA Finance plans corporate FX, treasury entry into Ethiopia, Egypt

Africa’s largest non-bank foreign exchange firm AZA Finance plans expansion into Ethiopia and Egypt, CEO Elizabeth Rossiello tells The Africa ... Report.

Article 6/8 of "Banking Africa"

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