Business

Sep 29, 2020
UNCTAD’s Economic Development in Africa Report 2020 says stopping illicit capital flight could almost cut in half the annual financing gap of $200 billion that the continent faces to achieve…
The coronavirus pandemic has led to perhaps one of the biggest shifts ever in how any company or corporate entity approaches the question of cleaning and sanitizing. In the past,…
Sep 21, 2020
Angola's debt to China is estimated at USD 20.1 billion, and is the country's largest creditor, said Finance Minister Vera Daves on Friday. Of this amount, USD10 billion was used…
The advertising and media industry, like many, have taken a hit from the Covid-19 pandemic. But, unlike a host of others, it’s been fragile for a number of years. Global…
Sep 11, 2020
A United Kingdom court on Thursday ordered the British Virgin Islands firm, Process and Industrial Development, to pay £1.5m to Nigeria within 21 days. According a statement by Dr. Umar…
Aug 28, 2020
On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming Nigeria’s economic fortunes. It’s here that Aliko Dangote, Africa’s richest…
As fall approaches rapidly, many are wondering if the race for a vaccine will bear fruit as early as January 2021. I am a physician-scientist and infectious diseases specialist at…
There is a general perception that there is no film industry to talk about in Zimbabwe. This argument is mostly based on comparisons with other well-resourced film economies, such as…
Aug 15, 2020
Angola's Supreme Court has handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country's former president, for fraud when he headed the national sovereign…
Aug 13, 2020
Mauritius’ Prime Minister Pravind Jugnauth said on Wednesday nearly all remaining oil had been removed from a damaged Japanese ship, which leaked about 1,000 tonnes in a threat to tourism…
Aug 05, 2020
Adopting a Restrictive Rule of Origin will not allow the Nigerian manufacturing industry enjoy the full benefits of the African Continental Free Trade Area (AfCFTA). This is according to Peter…
Most economists see structural transformation as one of the main routes to Africa’s sustainable development. What it means is changing the share of agriculture, manufacturing and services in an economy.…
Jul 28, 2020
The COVID-19 pandemic has revealed the extent of Africa’s reliance on imports. As global supply chains and the flows of manufactured goods around the world have been disrupted by lockdown…
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