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DON'T MISS : Talking Africa New Podcast – 'Ethiopia is a kettle that has boiled for decades' – Tibor Nagy, Trump's top Africa diplomat

Business

Monday, 17 February 2020

CEO Thiam and Chairman Rohner of Swiss bank Credit Suisse attend annual shareholder meeting in Zurich

swiss roll

Tidjane Thiam exits Credit Suisse with profits at decade-long high

On the eve of handing over as the head of Credit Suisse, the Ivorian CEO presented record results, the culmination of a turnaround program at ... the Zurich-based bank that began five years ago.

Milk Snatchers

Nigeria: Land rights, not currency restrictions, will lift milk output

Nigeria’s central bank has restricted the availability of foreign exchange for milk imports in a move aimed at increasing local production. ...

World Bank clashes with AfDB

cheap talk

Trump’s World Bank boss critical of African Development Bank

According to the World Bank President David Malpass, the AfDB “lends too quickly”, thus aggravating the countries' debt problems. “Untrue ... and unfounded,” retorted the pan-African institution.

Friday, 14 February 2020

Eco chamber

West African CFA franc reform: what’s changing in 2020

Before the Eco can replace the CFA franc, as announced in Abidjan on 21 December 2019, a number of technical, legal and political hurdles must ... be cleared. The date of the new currency’s introduction is impossible to predict at this time.

Article 5/5 of "The perilous journey to a West African single currency"

Tale of Two Banks

Banque du Caire IPO investors could consider Commercial International Bank instead

Egypt’s courting of foreign investors to take a stake in Banque du Caire is likely to lead to the success of the state-owned bank’s IPO planned ... in the first half of this year.

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hubs not hype

Tech hubs across Africa to incubate the next generation

Africa has more than 600 tech hubs and rising, ranging from incubators and accelerators to co-working sites. While the startup game is about ... survival of the fittest, it is also one where community is power.

Wednesday, 12 February 2020

Buhari and ECOWAS debate the CFA franc

control issues

Buhari and Ouattara make Eco heart of regional power struggle

When the West African Economic and Monetary Union (UEMOA) announced out of the blue that it would adopt a currency with the same name as the ... future single currency of the Economic Community of West African States (ECOWAS), the organisation’s decision was seen as divisive and set off a full-fledged leadership war in the region.

Article 1/5 of "The perilous journey to a West African single currency"

Sharper Focus

Olam may need to change where it lists to convince on reorganisation

Olam’s plan announced in January to separate its operations into food ingredients and global agri-business units is a step forward in improving ... transparency.

ghana oil transnet south africa

rolling north

Ghana alive with possibilities for South Africa’s Transnet

A Transnet deal to develop a stretch of railway along Ghana’s Western region is not just good for the rail operator, but could have spill-over ... benefits for other South African companies.

Tuesday, 11 February 2020

Roads Less Travelled

Accor Hotels targets South Africa for expansion as arrivals slow

Accor Hotels wants to increase its presence in South Africa, Rwanda, Nigeria and Cameroon as it banks on the rise of Africa’s middle class, ... Mark Willis, CEO for Africa and the Middle East, told The Africa Report.

12 3 4 5 >... 116

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