Alibaba to the Rescue? Analysts sceptical of Citron claims on Alibaba investment in Jumia Claims from Citron Research’s Andrew Left that Alibaba or Softbank are likely future investors in African e-commerce retailer Jumia have left ... analysts scratching their heads.
Bricks and Mortar Old Mutual wants to create an African affordable housing fund Old Mutual Alternative Investments (OMAI) hopes to launch a new pan-African affordable housing fund towards the end of 2021, joint CEO Paul Boynton ... tells The Africa Report.
Plagues have consequences Let’s call it… China’s won the vaccine diplomacy contest The White House Chief of Staff Mark Meadows admitted this weekend what many of us have known for a long time: that the United States has all ... but given up in the fight against COVID-19.
Food Chain Security Africa: Self-sufficiency in food production is urgent priority – Bureau Veritas Greater self-sufficiency in food production is an urgent priority for African countries as currencies used to pay for imports weaken, Marc Roussel, ... Bureau Veritas senior vice president for Africa, tells The Africa Report.
Resilience Through Trade AfCFTA is key to post-COVID recovery – Islamic Trade Finance Implementing the African Continental Free Trade Area (AfCFTA) agreement is fundamental to the post-pandemic economic recovery, Hani Salem Sonbol, ... CEO of the International Islamic Trade Finance Corporation (ITFC), tells The Africa Report.
Future of Retail South African retailer Pick n Pay banks on discount stores to grow South African retailer Pick n Pay may double the number of its Boxer stores to 600 within five years to target underserved low and middle-income ... shoppers, David North, head of strategy and corporate affairs, tells The Africa Report.
Touch and Feel Getting sucked into current Jumia rally is a recipe for pain Those tempted to buy into the recent recovery in shares of African e-commerce retailer Jumia are likely to be disappointed. ...
Customising Tech GE bets on digital solutions for growth in African renewables GE is seeking local partners in renewable energy and healthcare as it seeks to use digitalisation to deliver customised solutions in Africa, ... Nyimpini Mabunda, CEO of GE Southern Africa, tells The Africa Report.
SOUND SOLUTIONS How Ramaphosa plans to rescue South Africa from economic misery Devastated by the ravages of the COVID-19 crisis, which has left more than two million South Africans without jobs and the economy in tatters, ... President Cyril Ramaphosa has unveiled a recovery plan.
Never Waste a Good Crisis African expansion to come as Bonfiglioli rides V-shaped recovery Bonfiglioli, the Italian supplier of industrial gearmotors and drive systems, plans to expand in sub-Saharan Africa to take advantage of anticipated ... post-pandemic economic recovery.