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Business

Missing Middle

South Africa’s Khulisa seeks private-equity investors to lift employment

Malcolm Rutherford was bemoaning the state of South Africa’s economy as he drank a beer in early 2020 with Ian Kirk, then CEO of Sanlam. ...

A deeper problem

Egypt: Why taxing YouTubers and bloggers has ‘created a fuss’

Content creators, among others, are on the tax authority's radar as Egypt looks to magnify its tax revenue.

...

Road to Ruin?

Nigeria’s Eurobond sale weakens public finances as debt service swallows resources

Nigeria’s sale of $4bn worth of Eurobonds worsens the country’s fragile debt position with borrowings unlikely to be put to productive long-term ... uses, economists say.

Global Ambitions

South Africa’s fintech Ukheshe to seek $100m for acquisitions

South African fintech Ukheshe Technologies will seek to raise up to $100m for acquisitions in the next 12 months, CEO Clayton Hayward tells The ... Africa Report.

Business top stories

U.S. President Biden speaks briefly with reporters at the White House in Washington

no-goa?

US-Africa trade pact AGOA at risk? African leaders raise alarm

Bolloré

au revoir?

Bolloré: Is a $6bn sell-off on the cards for historic port operator?

COPPER COPS

South Africa: Miner Orion sees potential for copper refining in Northern Cape

U.S. President Biden speaks briefly with reporters at the White House in Washington

no-goa?

US-Africa trade pact AGOA at risk? African leaders raise alarm

Bolloré

au revoir?

Bolloré: Is a $6bn sell-off on the cards for historic port operator?

COPPER COPS

South Africa: Miner Orion sees potential for copper refining in Northern Cape

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Building Resilience

Coronavirus shows Africa needs more agricultural commodity exchanges

Rising food prices and a dwindling supply of staple commodities, partly a result of the Covid-19 pandemic, have laid bare challenges in the agricultural ... system and exposed the threat to Africa’s growing population of hunger, malnutrition, and poverty.

Homeward bound

Algeria: The story behind Kaddour’s extradition, Sonatrach’s former CEO

How did Abdelmoumen Ould Kaddour, oil group Sonatrach’s former CEO, end up getting arrested in the UAE and extradited to Algeria? ...

mining woes

DRC: Sicomines trying to get ahead of transparency report

Sino-Congolese mining giant Sicomines posted a Tweet over the weekend blasting the Congolese branch of the Extractive Industries Transparency ... Initiative report as biased ("not objective") and ignorant.

Africa Insight

Wake up to the essential with the Editor's picks.

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Silver Bullet?

Nigerian education needs a skills revolution to escape its colonial roots, says SouthBridge’s Alli

Nigeria’s schools and universities need to break with their colonial origins and focus on the skills that the country needs in the 21st century, ... Andrew Alli, CEO of African investment bank SouthBridge, tells The Africa Report.

Technology CEOS Zuckerberg of Facebook, Dorsey of Twitter and Pichai of Google testify before House Committee in Washington

Forgotten Hinterland

Google to invest $1bn to back Equiano cable to increase Africa’s Internet access

Google plans to invest $1bn over five years to support digital transformation in Africa, Sundar Pichai, CEO of Google and Alphabet, said today. ...

helping hand

Ghana: Akufo-Addo implores commercial banks to lower rates

The Bank of Ghana has maintained a monetary policy rate of 13.5%, while commercial banks continue to lend at an average of 20.6% interest to ... private businesses, which is hurting the execution President Nana Akufo-Addo's economic agenda.

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Africa Insight

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