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DON'T MISS : Talking Africa New Podcast – Coronavirus warrior Dr John Nkengasong is not happy about corruption in PPE procurement

Business

Friday, 25 September 2020

abidjan shoppers

Private Equity

COVID19 is ‘a natural filter for resilient businesses’ – CEO Mediterranea

Private equity investor Mediterrania Capital Partners (MCP) is considering investments in supermarkets, health and education as the impact of ... COVID-19 whittles down the list of financially strong candidates, CEO Albert Alsina tells The Africa Report.

OPENING UP

South Africa’s level 1 will kick-start tourism recovery – Tsogo Sun CEO

Tsogo Sun group has had a mixed experience on the continent amid COVID-19, while South Africa’s move to level 1 has sparked demand from German ... tourists, says CEO Marcel von Aulock.

Thursday, 24 September 2020

largest case in industry's history

Nigeria Eni/Shell corruption case: Future of Eni’s CEO at stake

Claudio Descalzi, facing an eight-year prison sentence, denies any wrongdoing in a Nigerian business deal. The Italian oil major executive is ... presenting his defence in one of the largest corruption cases in the oil industry’s history.

Loan Losses

South Africa: Banks consider more relief for borrowers hurt by COVID

South Africa’s banks are considering further relief for borrowers hurt by the fallout from the COVID-19 pandemic, Vikas Khandelwal, a board ... member of The Banking Association of South Africa, tells The Africa Report.

Wednesday, 23 September 2020

The Road to Dubai

Illicit DRC gold: London Bullion Market must do more to stop it

The London Bullion Market Association (LBMA) must do more to combat an illicit trade in gold mined in Democratic Republic of Congo (DRC), says ... Joanne Lebert, executive director of the Canadian conflict minerals research group IMPACT.

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Tuesday, 22 September 2020

biofuel

out with the old in with the new

NNPC driving Nigeria’s biofuel agenda: Nowhere near 2020 target

An oil-dependent Nigeria’s push to move away from “the uncertainties of absolute dependence on oil” with crude being its primary source ... of revenue has led to renewed efforts to push for the implementation of the national biofuel policy.

Monday, 21 September 2020

Nigeria Solar Power

Ray of Hope

Lumos plans solar power expansion in West Africa in 2021

Solar home systems provider Lumos plans West African expansion beyond its existing markets of Nigeria and Côte d’Ivoire, CEO Alistair Gordon ... tells The Africa Report.

Friday, 18 September 2020

View of the Simandou deposit in Guinea.

bad call

Guinea’s Simandou iron ore project uncertain after Rio Tinto upheaval

Both the CEO and the iron ore division head will be leaving the Australian mining giant. Their exits could turn the tide of the company’s Guinea-based ... project.

Last-Chance Saloon

Clock ticking for South African Airways as funding fails to arrive

South African Airways creditors meet today after the latest deadline to raise the 10.4b rand ($650m) needed to keep the airline afloat was missed. ...

Thursday, 17 September 2020

Free Jukebox

Mdundo music platform shareholders are locked in to losses

First came the Amazon of Africa. Then came the Spotify of Africa. ...

12 3 4 5 >... 144

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