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DON'T MISS : Talking Africa New Podcast – Africa and the US: 'In Africa, people don't take us seriously'

Business

Friday, 14 August 2020

Taking a seat

The networks and allies of Cameroon’s Alain Nkontchou, Ecobank’s new chairman

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.

Class action

Jumia whips out cheque book to calm Wall Street

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.

Solar strength

AIIM bets on solar power growth with further investment in Bboxx

African Infrastructure Investment Managers (AIIM) plans to invest more money into clean-energy utility platform Bboxx to fund the company’s ... growth, AIIM chief investment officer Romain Py tells The Africa Report.

Thursday, 13 August 2020

Liquidity crunch

Algerians increasingly nervous over their country’s cash shortage

Endless queues, withdrawal limits and rows between customers: the liquidity crisis is causing tension in Algeria, despite measures introduced ... by Abdelaziz Djerad’s government to remedy the situation.

Wednesday, 12 August 2020

Shake it up

The top 50 African disruptors (31-35)

The Africa Report’s inaugural ranking of the top Africans who are disrupting the status quo in politics, business and the arts: from investigative ... journalists to world-class athletes and Nobel Peace Prize winners.

Article 4/4 of "The top 50 African disruptors"

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Network boost

“COVID-19 is fast-tracking digital transformation” and fuelling growth – Telkom CEO

Listed telco Telkom expects growth in ICT driven by the rise in remote work, despite a dire economic outlook, says group CEO Sipho Maseko. ... />

Clicks and Mortar

Fintech is key to Zimbabwe’s banking digitalisation, Nedbank says

The Covid-19 pandemic is speeding up the pace of digitalisation of financial services, Nedbank Zimbabwe managing director Sibongile Moyo tells ... The Africa Report.

Tuesday, 11 August 2020

People are seen as they walk pass Orange telecommunication company office in Dakar

Angry callers

Why telecoms firm Orange is so hated in Senegal

With the change in rates for its mobile packages, Orange is once again in the consumer's sights. Since the launch of its offers in 2006, the ... operator has been the target of recurring controversy.

Chadian change

BCAS’s Tolli: Can he help stop a CFA franc devaluation?

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).

Article 3/3 of "The governors of Africa’s Central Banks"

Monday, 10 August 2020

Switching on the Sun

African grid operators that don’t open up to solar risk being left behind

African grid operators that don’t put solar power onto their systems risk being bypassed as prices for solar production and storage continue ... to fall, John van Zuylen, CEO of the Africa Solar Industry Association, tells The Africa Report.

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