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Coronavirus

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Standard Bank is in Blockchain agreement on Asia soft commodities trade with Africa

Standard Bank is in the process of concluding an agreement with Singaporean fintech Dltledgers to use Blockchain technology to improve soft commodities ... trade between Africa and countries of the Association of Southeast Nations (ASEAN), the bank’s head of trade Vinod Madhavan tells The Africa Report.

Staple Diet

Sokowatch bets business-to-business e-commerce can beat Jumia’s retail in West Africa

East African e-commerce company Sokowatch plans to expand to West Africa to extend its business-to-businesss (B2B) model for informal retailers, ... CEO Daniel Yu tells The Africa Report.

evasive action

Oil: Are Eni and BP going to form an alliance in Africa?

Italian and UK oil majors Eni and BP are looking to restructure their renewable energy and hydrocarbon portfolios on the continent, first in ... Angola and then perhaps soon elsewhere.

Buyer Beware

MTN Nigeria’s share-sale growth story has a dollar-cost tag

MTN Nigeria's plan to sell a 14% stake to Nigerian investors is likely to find buyers – but retail investors may be wary of the currency risk ... that hangs over growth plans.

Coronavirus top stories

REFLATION REVISED

Unilever Nigeria still not out of the woods as cost inflation looms

The power of music

Nigeria’s Yemi Alade: ‘Music serves as a bridge between Africa and the rest of the world’

Computer overlords

Will AI risk analysis really expand access to credit in Africa?

REFLATION REVISED

Unilever Nigeria still not out of the woods as cost inflation looms

The power of music

Nigeria’s Yemi Alade: ‘Music serves as a bridge between Africa and the rest of the world’

Computer overlords

Will AI risk analysis really expand access to credit in Africa?

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The future of healthcare

Five major start-ups revolutionising Africa’s healthtech

From Morocco to Cameroon, via Benin, five African pioneers are revolutionising the continent’s healthtech sector and are already attracting ... investors’ attention. And after the Ebola experience, the Covid-19 pandemic has increased interest in the sector.

window of opportunity

Ethiopia set to announce election results in the midst of the Tigray conflict

With an expected result favouring Prime Minister Abiy Ahmed in a parliamentary vote boycotted by leading opposition parties, including the Oromo ... Federalist Congress, there are complaints about how open and fair the elections were in Africa’s second-most populous country. But the vote still represents somewhat of an opening compared to the political repression under the former Ethiopian People's Revolutionary Democratic Front alliance government.

A President Unleashed

Ramaphosa poised to lead South Africa to recovery, Standard Bank says

South Africa is “unequivocally” on the path to recovery as President Cyril Ramaphosa’s strengthened authority is reflected in a series ... of recent reforms, Standard Bank chief economist Goolam Ballim tells The Africa Report.

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hope for recovery

Investment: Post-pandemic prospects for Africa

Foreign investment in Africa plummeted in 2020, however, certain sectors – such as energy and mining - and a certain number of countries managed ... to weather the storm.

Funding the Gap

Anglo-South African firm Investec sets up trade-finance business to target African corporates, banks

London- and Johannesburg-listed financial services firm Investec is betting that African free trade is on the cusp of becoming reality as it ... sets up a new trade-finance business in South Africa.

Ghana launches COVID-19 vaccination campaign

BACK TO LOCKDOWN

Uganda, Zambia hit by Covid spikes. Are political rallies to blame?

Uganda had been praised for its initial coronavirus response. Now, a more lethal wave of Covid-19 is sweeping the country, in part driven by ... political decisions. Questions remain over the swearing-in ceremony of President Yoweri Museveni, which may have acted as a super-spreader event. Zambia, with elections in August, has some tough decisions to make.

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