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DON'T MISS : Talking Africa New Podcast – Zimbabwe's artisanal mines: 'There's no real form of law and order' - Piers Pigou

Business

Wednesday, 20 January 2021

Office of the Future

Côte d’Ivoire, Senegal, Nigeria lead Africa office demand rebound, says Haussmann Africa

West Africa is set to lead a recovery in demand for African office space in 2021, Haussmann Africa chief operating officer Maxime Chauvelot tells ... The Africa Report.

Grain Wars

Algeria : a battle between Paris and Moscow for the wheat market

Algeria's desire to diversify its wheat supply has led to competition between France and Russia. A strategy that involves risks, explains the ... analyst Sébastien Abis.

The Nigerian billionaire Tony Elumelu

oil bet

Nigeria: Tony Elumelu gets deeper into oil sector with OML 17

The Nigerian billionaire acquired from Shell, Total and ENI the ownership of 45% of a producing oil block in the Niger Delta. With the blessing ... of the Nigerian authorities, who want to develop domestic companies.

Tuesday, 19 January 2021

Stepping up

‘This is not your grandfather’s IMF’, says Africa department director Abebe Selassie

The International Monetary Fund (IMF) has proven an unlikely countervailing force to the disrepair of international institutions exposed by the ... pandemic and worsened by nationalism and populism.

Mission Critical

Africa: Expanding power access is crucial to resisting pandemics

Funding for developing solar power solutions in Africa must move up the global agenda if the continent is to be able to withstand current and ... future pandemics, Zola Electric CEO Bill Lenihan tells The Africa Report.

Africa Insight

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Monday, 18 January 2021

A Trial of Endurance

Steinmetz, Covid-19 and diapers: Frenchman Frédéric Cilin breaks down his role in BSGR

French businessman Frédéric Cilins, Beny Steinmetz’s co-defendant before the Geneva Criminal Court, was the star of the third day of hearings. ... For ten hours, he spoke about his business with Lansana Conté’s Guinea to his dealings with the FBI.

Reading the smallprint

South Africa’s Santam defends position on COVID-19 claims

The Africa Report’s latest article on Santam’s stance on paying COVID-19 business interruption claims has prompted a detailed response from ... the company, South Africa’s largest general insurer.

Hard Currency

Angola’s oil refinery can strengthen public finances, says Gemcorp

Angola’s under-construction oil refinery at Cabinda can help strengthen the country’s public finances by reducing pressure on foreign-currency ... reserves, Gemcorp CEO Atanas Bostandjiev tells The Africa Report.

Friday, 15 January 2021

back on deck

JP Morgan hopes to tap Tidjane Thiam’s network with $250m fund

The acquisition vehicle reportedly plans on raising money from investors to buy up financial services companies in both developed countries and ... emerging markets.

trial watch

‘There may be God up there, but not me,’ says Beny Steinmetz

On the second day of his trial for corruption and forgery charges, Beny Steinmetz spent seven hours answering questions at the Geneva Criminal ... Court. He had one objective: to not give the impression of being the one who makes the decisions of his company, BSGR.

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