misunderstandings Nigeria: JP Morgan change & Emefiele’s failed run unlikely to hurt investor interest, analysts say Research analysts at JP Morgan, one of the US’s largest investment banks, moved Nigeria from overweight to market weight in its list of emerging-market ... sovereign recommendations this week. But the move will have little impact on investor sentiment towards Nigeria in the short to medium term, say capital market experts.
an impasse South Africa: Small business’ ability to create jobs limited by red tape, says Black Business Council South Africa’s plan to create 11 million jobs by 2030 through empowering the small business sector via targeted procurement, better access ... to funding, and cutting red tape, remains elusive, according to Black Business Council (BBC) CEO Kganki Matabane.
In The Mixer Dangote needs strong cement business as backup option for refinery financing Dangote Cement will turn in a strong 2022 full-year performance, with high pricing set to compensate for weak volumes in the first quarter, according ... to new research from Chapel Hill Denham in Nigeria.
Rat race Morocco – BCP, Attijariwafa, BOA: Close battle in West Africa The clear progression of Moroccan banks in the West African Monetary and Economic Union (UEMOA) means they are subject to heavier constraints, ... in an ambience of heightened competition.
DEBT DILEMMA Debt: Another bittersweet $244m IMF loan to Kenya Kenya is set to receive another $244m (KSh28bn) from the IMF in a loan deal laced with tough conditions that will see its citizens grapple with ... hard-hitting structural reforms and prompt job losses.
up above Kenya Airways, Airlink, Egyptair and Royal Air Maroc… Embraer conquers the African sky Two years after the failure of its merger with Boeing, Brazilian manufacturer Embraer is redoubling its efforts to sell its sub-150 seat aircraft, ... which it believes are better suited to the continental market.
French East Africa Bolloré jumps into Total’s EACOP oil pipeline as banks, insurers steer clear Bolloré Logistics has won the contract to be the main logistics supplier for the East African Crude Oil Pipeline (EACOP), a project which many ... banks and insurers are refusing to support.
Fragile Supply Rare Earths: Western governments still don’t get it, Altona CEO says Western governments including those in the US and the UK still haven’t grasped the importance of finding non-Chinese sources of rare earths, ... Altona Rare Earths CEO Christian Taylor-Wilkinson tells The Africa Report.
Food self-reliance Infographics: How Africa can grow out of its dependency on imported cereals The uncertainty created by the war in Europe has caused an unprecedented surge in the price of cereals, of which Ukraine and Russia are among ... the main exporters to the continent. What impact will Washington's oil embargo have on Moscow? What if Brussels follows? Due to the lack of visibility, the international markets panicked and prices soared.
Head boss Is Bank of Africa’s Othman Benjelloun planning for his retirement? Othman Benjelloun’s taste for mystery is matched only by his thirst for development. Although the 91-year-old Bank of Africa’s patriarch ... has no plans to retire, the question of his succession is coming up again.