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Business

Friday, 22 January 2021

debt deadlines

China and Kenya in talks about debt challenges

China and Kenya appear to be closing in on a debt restructuring arrangement just days before a major railway loan comes due. ...

Thursday, 21 January 2021

No money, more problems

Republic of Congo: Is Brazzaville finally close to reaching an agreement with Trafigura?

A few days before its case is due to be examined by the IMF board of directors, the Republic of Congo is finally on the verge of reaching an ... agreement to restructure its debt with the trading company Trafigura.

Lights, Action

Ghana’s industrialisation to benefit from Tema LNG terminal

Sub-Saharan Africa’s first liquefied natural gas (LNG) import terminal at Tema can turn Ghana into a petroleum hub, Tema LNG managing director ... Edmund Agyeman-Duah tells The Africa Report.

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.

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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.

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.

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