Africa’s Biggest Pay-TV Group MultiChoice Debuts on the Johannesburg Stock Exchange

South African ecommerce giant Naspers decided to spin off MultiChoice after coming under pressure in recent years to find ways to narrow a valuation discount between its market value and that of its one-third stake in Chinese internet group Tencent. Naspers did not raise any money from the listing with the 439 million shares instead […]

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Ethiopia Gets Serious about its Business Environment

Ethiopia continues to work towards improving ease of doing business in the country as part of wider economic reforms of the Abiy Ahmed led government. The move according to the Prime Minister’s office is to help create a conducive environment for businesses to start up and to also have access to finance. The result of […]

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Investing in Africa 101

There is no simple or straightforward way to answer the question of where to open shop or invest. One big reason: It’s difficult to work out the metrics. The data that matter most varies from investor to investor. In the fast-evolving world of finance, even established broad measures like gross domestic product are being challenged, […]

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This Mining Dispute in Guinea is Finally Over

Israeli mining tycoon Beny Steinmetz is making a dramatic return to Guinea after the billionaire ended a bitter dispute with the West African country that brought his business empire to its knees. The settlement, brokered by former French President Nicolas Sarkozy, ends a seven-year-old dispute centered on one of the world’s richest mineral deposits that […]

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Does South Africa have Room for Highly-skilled Foreigners?

Foreign workers in South Africa with expertise deemed vital to the economy are worried that authorities will reduce the number of critical skills eligible for work permits; a move they say could force some of them out of the country as early as April. Immigration lawyers say a shortened list of critical skills circulating among […]

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Mozambique wants Justice for $2bn of Undisclosed Debts Saga

Officials filed a case in the High Court in London against the investment bank Credit Suisse over what has become known as the “tuna bond” scandal. Credit Suisse was one of the lenders that helped to arrange $2bn of government-backed loans that pushed Mozambique into a debt crisis. The loans, taken out between 2013 and […]

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A Program to Build the Future of African Architecture

The African Design Centre (ADC), a program seeking to shake up the highly unequal business of African architecture. Last summer, the first cohort of ADC graduates completed its inaugural 20-month fellowship in Kigali, Rwanda. The ten fellows, hailing from eight African nations, are now upending architecture, design and construction across a continent where rapid urbanization […]

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A Petition Calling Guinea to Halt Hydro Plans and Adopt Solar Power

Up to 1,500 chimpanzees could be killed by a new Chinese dam that will swamp a crucial sanctuary for the endangered primate in Guinea. The 294MW Koukoutamba dam will be built by Sinohydro, the world’s biggest hydroelectric power plant construction company, in the middle of a newly declared protected area called the Moyen-Bafing National park. […]

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Eritrea’s Faceless Journo

He’s the editor of a popular Facebook page that provides news from a country with one of the world’s worst records on press freedom. The international media monitoring organisation describes Eritrea as “a dictatorship in which the media have no rights”. That makes J’s page, Eritrean Press, unusual – and perhaps unique. It has more […]

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Harare’s Lacklustre Performance

Zimbabwe might have surpassed its 2018 gold production target, but some say there is little to show for it as the country’s economy remains in crisis. Small miners accounted for 50 percent of Zimbabwe’s 2018 gold production of 33 tons. Despite the figures, analysts point to corruption, mismanagement and a lack of proper policies as […]

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