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Softer Loans

Blended finance: A solution for Rwanda’s entrepreneurs?

Our review of David Poole’s book 'Entrepreneurs and SMEs in Rwanda: The Model Pupil Paradox' prompted a full postbag of reader feedback. ...

gulf flows

Qatar to launch $2bn infrastructure fund for SSA, Ouattara tapped to lead it

Qatar, which manages part of its sub-Saharan investments from Morocco, is creating a new investment fund, dedicated to financing infrastructure ... projects across the region. President Alassane Ouattara of Côte d'Ivoire may be at the controls, after his political career ends, with Abidjan in line to host the headquarters.

Naming names

DRC: Former PM Ponyo implicated in the Bukanga Lonzo scandal

The DRC’s 'inspection générale des finances' (IGF) has identified several key figures – including Joseph Kabila's former prime minister ... Augustin Matata Ponyo – involved in the disappearance of more than $205m for the Bukanga Lonzo agroindustrial park project.

vaccine hesitancy

Africa’s Covid-19 vaccination woes present a pandemic paradox

One year into the Covid-19 pandemic, African countries are staring at a daunting new triple challenge: vaccine shortage, vaccine hesitancy, and ... perception of dwindling virus risk.

tune boom

How Chinese, Kenyan, and Swedish Music streaming Apps are battling it out in Africa

Global streaming giants are flocking to the African market, with Swedish music streaming provider Spotify announcing a sweeping expansion to 40 ... new countries on the continent. As Spotify attempts to expand its reach in Africa, they may have to take a note from Transsion-owned Boomplay and shift their strategy. + What is the deal with Ethio Telecom + Covid19 costs for China's handset makers

united we stand

‘The two Cameroons have still not been reunited’ says Paul Ayah Abine

Cameroon's Paul Ayah Abine, a former member of President Paul Biya’s RDPC, has experienced political pressure and prison. Officially retired ... from politics, he remains convinced that Anglophones and Francophones can live together peacefully in Cameroon.

bread and butter

#FixGhanaNow: Akufo-Addo government under activist pressure

Barely four months after winning the presidential elections of December 2020 for a second term, 'apolitical' activists are challenging President ... Nana Akufo-Addo's government on its commitment to improving the lives of citizens, due the recent imposition of new taxes and high levels of unemployment.

Qatar to launch $2bn infrastructure fund for SSA, Ouattara tapped to lead it

Naming names

DRC: Former PM Ponyo implicated in the Bukanga Lonzo scandal

tune boom

How Chinese, Kenyan, and Swedish Music streaming Apps are battling it out in Africa

gulf flows

Qatar to launch $2bn infrastructure fund for SSA, Ouattara tapped to lead it

Naming names

DRC: Former PM Ponyo implicated in the Bukanga Lonzo scandal

tune boom

How Chinese, Kenyan, and Swedish Music streaming Apps are battling it out in Africa

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From hero to zero

Morocco: Masen CEO Mustapha Bakkoury’s fall from grace

After 20 years of state service, Mustapha Bakoury now finds himself at the heart of a judicial investigation linked to his management of Masen, ... a Moroccan solar agency specialised in renewable energy.

shaking up

Lourenço’s Angola: The winners, the losers and the escape artists

João Lourenço’s ascension to the presidency put an end to the influence of Isabel dos Santos, Manuel Vicente and General Kopelipa, yet other ... figures had managed to stay put after a regime change. Read on for a quick overview of the post-Dos Santos political landscape.

Article 4/4 of "João Lourenço’s Angola"

succession planning

Uganda: Museveni’s son Muhoozi being manoeuvred into place

Birthdays rarely trend on social media in Uganda. But when Lt. General Muhoozi Kainerugaba, the son of Uganda’s president Yoweri Kaguta Museveni ... turned 47 on Sunday 24 April 2021, a hashtag celebrating his birthday went viral all weekend. Many who sent him birthday wishes added this line: “my next president 2026” or “my next Commander in Chief.”

Rethinking Premiums

South Africa’s Ongeza seeks funding for life-insurance expansion

Ongeza Life, pioneer of a whole life insurance product that provides cover even if regular premiums cannot be paid, is seeking funding to expand, ... CEO Patrick Ndururi tells The Africa Report.

key to success

Paris conference key for Sudan’s transition and unlocking its economy

Sudan will be in the international spotlight on 17 May at a high-level conference in Paris hosted by President Emmanuel Macron in support of ... its fledgling democratic transition. This important moment is intended to signal Sudan’s reintegration into the international community, following its removal from the US list of State Sponsors of Terrorism (SST) in 2020. It is also an opportunity for Sudan to rebrand itself and tell the world that it is open for business.

Premier problem

Côte d’Ivoire’s PM Patrick Achi evacuated to France for medical tests

The Ivorian Premier Patrick Achi, 65, was allegedly evacuated to France for medical tests after suffering from fatigue. ...

intimidate or remove

Liberia: Why did George Weah’s bodyguard commit suicide?

A string of mysterious deaths of officials with links to the Liberian presidency under George Weah, has sparked confusion and fear in the country. ...

city wildlife

Kenya: Nairobi is losing green spaces, leaving it vulnerable to disease

There’s been widespread concern in Kenya over the shrinking of green spaces in Nairobi, the capital city. Most recently, there was uproar over ... the construction of a raised highway.

Strikes, drought, action

Algeria dinar devaluation sparks fresh wave of social unrest

Falling oil revenues, unemployment, inflation, falling purchasing power... Anger is growing among Algeria’s population, which is calling for ... more strikes and demonstrations against its government.

Keep it simple

Bitcoin, akoin and ubuntu…Africa’s growing love of cryptocurrencies

Bitcoin, akoin and ubuntu’s success on the continent can be attributed to the low level of banking involved, the opportunity to save money ... and speculate as well as the possibility of carrying out cheaper international transactions.

Scaling Up

Kenya’s crowded banking sector is ripe for consolidation, analysts say

A raft of small, undercapitalised operators in a market dominated by the main players creates a recipe for consolidation in Kenyan banking, analysts ... say.

guest list

Nana Akufo-Addo, Cyril Ramaphosa, João Lourenço… Who will attend the summit on the African economy in Paris?

A summit to support African economies hard hit by the Covid-19 pandemic will be held in France on May 18. Here is the list of confirmed ... guests.

Diplomatic moves

Chad: The late president Déby’s sons launch diplomatic efforts to win over African heads of state

Since the establishment of Chad’s transition government, Mahamat and Abdelkerim Idriss Déby have been conducting an intense diplomatic campaign. ...

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