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Kenyan business battered by election uncertainty
From Business

Kenyan business battered by election uncertainty

Estimates put the cost of lost opportunities across the economy due to political instability at £5.12bn, or around 10 percent of GDP.

Tourists return to Egypt but terror concerns still loom
From Business

Tourists return to Egypt but terror concerns still loom

Egypt is hoping that 8 million visitors will visit by the end of 2017, up from 5.3 million last year, which made 2016 the worst year on record.

Patrick Pouyanne, Chairman and CEO of Total
From Business

Total’s power play in east Africa

After decades operating in west Africa, the French oil major now dominates the eastern region’s upstart oil industries through a series of buy-ins and acquisitions

Zimbabwe bond note black market booms across borders
From Business

Zimbabwe bond note black market booms across borders

Zimbabwe’s dysfunctional currency regime is fuelling cash shortages at home and a roaring black market currency trade in neighbouring countries.

Egypt begins sell-off of state-owned companies
From Business

Egypt begins sell-off of state-owned companies

Egypt begins to privatise state companies as part of a secretive IMF austerity plan, starting with shares in the state oil company.

Acacia Mining files for arbitration in Tanzania dispute
From Business

Acacia Mining files for arbitration in Tanzania dispute

Acacia Mining’s Tanzanian operations have been blocked from export over government allegations the company has cheated on billions in taxes.

Africa is ripe to pioneer tech approach to regulation
From Business

Africa ripe to pioneer tech approach to regulation

As costs for business compliance rise worldwide Africa, already a global leader in innovative fintech solutions, may be the right environment to pioneer regtech as well.

Mobile start-ups struggle to secure telco partnerships
From Business

Mobile start-ups struggle to secure telco partnerships

Partnerships should benefit both start-ups and big telcos, but aligning the needs and priorities of Africa’s nimble new companies with behemoths is proving a challenge.

After drought, an overabundance of maize in southern Africa
From Business

After drought, an overabundance of maize in southern Africa

Southern Africa’s bumper maize crop is a welcome boon after two years of drought, but falling prices are a problem for cash-strapped farmers.

Nigeria’s scrap metal industry booms
From Business

Nigeria’s scrap metal industry booms

The scrap industry in Nigeria is a booming venture, with national steel consumption being met almost entirely through metals recycling.

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