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DON'T MISS : Talking Africa New Podcast – What Museveni wants in the DRC

Business

Thursday, 16 May 2019

Inflation nation

Kenya’s cost-of-living crunch

Rising oil prices, poor rains and government overspending are all putting pressure on consumers' budgets. Some analysts are predicting more pain ... in the coming years.

Game changer

How South Africa can benefit from Mozambique’s LNG

Mozambique’s LNG reserves, highlighted this week by the government’s approval of ExxonMobil’s Rovuma project, represent a major opportunity ... for South Africa, Standard Bank oil and gas analyst Paul Eardley-Taylor argues in research this week.

exchange of ideas

LSE’s Ibukun Adebayo: ‘London has completely changed its approach to Africa’

Ibukun Adebayo, co-head of emerging markets at the London Stock Exchange (LSE), says developing of local capital markets and improving governance ... are the new focus of the bourse's Africa strategy.

Wednesday, 15 May 2019

New Qatar

Mozambique must seize its LNG opportunity

News that Mozambique's government has approved ExxonMobil's Rovuma liquefied natural gas (LNG) development highlights the country's opportunity ... to become a key supplier to energy-hungry China – but Mozambique needs to act quickly to make the most of its chances.

Tuesday, 14 May 2019

cash on delivery

Jumia chief executive denies short-seller Citron’s claims of fraud

African e-commerce platform Jumia will not need to restate any of its figures and the company stands by its IPO financial reporting in all material ... aspects, co-chief executive Sacha Poignonnec said in an interview with The Africa Report.

Just the juice?

Five things you need to know before breakfast

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Monday, 13 May 2019

Amazon of Africa?

Jumia short-selling attack risks damaging African investment prospects

Jumia shares have been taking a pounding in New York since a report from short-seller Citron Research alleging that the stock is worthless. ...

transports of delight

Glovo wants to deliver on African promise

After successful launches in Morocco, Kenya and Côte d'Ivoire, the Spanish delivery start-up, created in 2015, aims to open in Ghana and Nigeria ... by the end of the year.

Friday, 10 May 2019

finance wobble

Zambia’s President Lungu struggles to pay civil servants

With the IMF announcing growth under 3% and rising inflation, the Zambian government has turned to softer targets in its bid to raise cash. ...

stitched up

Ethiopia’s $26-a-month factory workers all quit in the first year

Garment factory workers in Ethiopia are the worst paid in the world. ...

saved by africa

Airtel Africa lines up $1bn IPO in London, with strong institutional backing

The long-awaited London IPO of telecoms operator Airtel Africa, according to Bloomberg, is set to begin this month, with the target of a start ... of trading in June. The market appetite shown for Africa e-commerce company Jumia in its New York IPO in April suggests that the time is right.

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