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DON'T MISS : Talking Africa New Podcast – Ethiopia/Egypt: tension spikes despite Dam talks

Business

FILE PHOTO: U.S. Secretary of State Mike Pompeo visits Angola

smooth sailing

Coronavirus: Reforms by Angola’s Lourenço helped mitigate effects of COVID-19

Big oil-producing countries have faced a double-hit in recent months: the sudden drop in prices of oil and the economic impact of the global ... pandemic. In the case of Angola, which entered both crises with an already weakened economy, how are its prospects looking? The Africa Report speaks to Sergio Pugliese, the Executive President for the African Energy Chamber (AEC), to find out.

Friday, 22 May 2020

Damage limitation

Nigeria VS Coronavirus: Corporate governance over capital strength

Corporate governance rather than capital strength is the main challenge facing Nigerian regulators and banks grappling with lending exposure ... to the country’s oil producers. In the second story of our series, we look at the impact of COVID-19 on Nigeria's economy as it considers the outlook for banks who have lent to oil producers.

TAR111_p128_DOSSIER_INSURANCE_TANZANIA_732x419

bancassurance transformation

Sanlam seeks local partnerships in Tanzania

The South African insurer sees lots of potential in the market, but it needs bancassurance allies and better messaging to reach more ... customers

Andela

from bad to worse

Coronavirus: Andela, in search of a model, experiences run of bad luck

The pandemic has increased uncertainty among the start-up’s leaders as to the strategy to adopt to meet the needs of its market. ...

Virus Outbreak South Africa Daily Life

MIXED HARVEST

Coronavirus: South African Distell trying to curb hit from pandemic

Distell has toasted the performance of its Kenyan operations, while it is mulling the sale of two premium wine farms and other cost-reduction ... measures in South Africa as it grapples with COVID-19 restrictions.

Article 2/10 of "Corona Chronicles: 18 May – 22 May"

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Thursday, 21 May 2020

Naira Nightmares

Nigeria VS Coronavirus: Cutting naira’s umbilical dependence on oil

The fragility of the reserves being used to support the naira and it's revalued rate shows that Nigeria needs to find new ways of earning foreign ... currency. In the first story of our series on the impact of COVID-19 on Nigeria, we look how its economy considers strategies to reduce the naira’s dependence on volatile oil prices.

Article 10/10 of "Corona Chronicles: 18 May – 22 May"

Wednesday, 20 May 2020

Financing the Fightback

African SMEs need mixed markets, Islamic Trade Finance head says

Africa can’t afford to wait for its free trade agreement to promote integrated markets for small and medium-sized companies, International ... Islamic Trade Finance Corporation (ITFC) CEO Hani Salem Sonbol tells The Africa Report.

South Africa Mandela Banknotes

BETTER DAYS COMING

South Africa Rand to pick up soon as central banks create new money

The South African rand is likely to benefit from the search for yield anticipated in the coming months as a result of central banks creating ... new money.

Tuesday, 19 May 2020

Mission Critical

Africa needs high-fibre diet to profit from data-centre growth

African countries can trigger investment and create jobs by providing secure, diversified fibre and power supplies to take advantage of growth ... in demand for data centres.

Thursday, 14 May 2020

Virus Outbreak Nigeria

trading troubles

Coronavirus: Delay of AfCFTA is more bad news for Nigeria

Enforced lockdowns across the world to stop the spread of COVID-19 has led to the slowing down and even halt of several economies, wreaking havoc ... on the global economy. According to the IMF, the world is now in a recession. How will Nigeria fare in the midst of all of this?

Article 7/10 of "Corona Chronicles: 10 May – 15 May"

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