The Covid-19 pandemic and Russia's invasion of Ukraine have increased debt distress risks in Africa, with 22 African countries now in debt distress or at high risk. How can Africa go about restructuring these debts?
Mauritania's strategic vision
Mauritania's Minister of Petroleum, Mines and Energy, Abdessalam Ould Mohamed Saleh, presents his grand vision for Mauritania as a producer and exporter of gas, petrol and hydrogen.Mauritania set to double iron production
Mauritania, Africa’s second largest iron producer, is putting its national flagship, SNIM, back on track to double its production by 2026. The high level of iron prices should helpGas, the new deal for Mauritania
With just a year to go until production starts on the Grand Tortue Ahmeyim gas field, Mauritania is on the verge of becoming a major global gas producer.
Davos 2023: What does WEF hold for Africa?
Can Africa use this year’s gathering to signal its embrace of challenges, highlight its potential and seek out meaningful partnerships that can facilitate its ambitions?
African businesses are key to transforming the continent
As African Business celebrates its 500th issue, its publisher looks at how Africa’s increasing dynamism has been reflected by the magazine during two decades of change.
ICIEC: Making African projects bankable
The CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) talks us through his organisation's priorities.
All systems are go for Zimbabwe, says Mthuli Ncube
Speaking to African Business at WEF, Zimbabwe's finance minister said the country's economic fundamentals were sound and forecast healthy growth in the next five years.
MultiChoice is well placed to take on global streamers, says CEO
The pay-TV giant has successfully weathered a tough economic climate and is branching out into sports betting and insurance products to diversify its growth, says its CEO.
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MultiChoice 2022
About MultiChoice We are Africa’s leading entertainment company, we entertain, inform, and empower African communities that inspire and build us in return. Since 1995, MultiChoice has been bringing our customers world-class entertainment while enriching the lives of the communities in which we opera…In partnership with
MultiChoice Africa appoints Corporate Affairs & Stakeholder Relations Group Executive
We are pleased to announce that Dr Keabetswe Modimoeng has been appointed as Corporate Affairs and Stakeholder Relations Group Executive for Multichoice Africa with effect from January 2023. Dr Modimoeng will report to Collen Dlamini (Group Executive Corporate Affairs), and he will be a member of th…MultiChoice Talent Factory welcomes Class of 2023 - the Next Generation of Storytellers
The MultiChoice Talent Factory welcomes 60 new students for its 4th cohort at its three Academies in Zambia, Kenya, and Nigeria.MultiChoice Talent Factory goes live with online short courses for 300 filmmakers across Africa
The online courses are tailored for industry professionals working across the African continent and have launched in eight African countries. The courses are an expansion of the existing programmes MultiChoice Talent Factory already offers its beneficiaries.
Driving growth across African e-commerce – Daniel Yu, founder and CEO, Wasoko
Wasoko’s network now spans 75,000 businesses across six African countries, but the plan is to become the “operating system” for commerce across urban Africa.
How the UK is investing in African development – Nick O’Donohoe, CEO, British International Investment
The CEO of the UK's official development finance agency joins us to discuss the big questions of development, finance and investment.
General Electric on Africa’s energy transition – Vuyelwa Mahanyele Regional Sales Director GE
How can Africa develop affordable, reliable and sustainable power? General Electric's Vuyelwa Mahanyele explains how the aspiration can be made a reality.
US-Africa Leaders Summit 2022
The Biden administration’s flagship summit brought dozens of African heads of state to Washington DC. What were the expectations? What were the outcomes?Africa's dash for gas
With cutting emissions high on the global agenda, natural gas will play an increasing role as a transition fuel.African agriculture in 2022
Africa continues to be impacted by the global rise in food prices, an increase spurred by a perfect storm of factors of external factors.
Prefer print? Get the latest edition of the magazine:
In the 500th issue of African Business, out now, we look at how Africa can profit from the extraordinary demand for its critical minerals. The continent has at least a fifth of the world’s reserves in a dozen minerals that are critical for the energy transition. But African policymakers will have to navigate fierce geopolitical competition between the US and China, drive a hard bargain with miners over investment and royalties, and support domestic industries to ensure that value is captured on the continent. Can the continent avoid the resource curse this time?
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Ecobank
Ecobank – Making Your Plans a Reality Rapid, reliable and secure pan-African transactions and finance, delivered with a one-stop, seamless approach, founded on Pan-African know how and innovative technology.In partnership with
Ecobank’s Ellevate programme will empower women-led businesses
The pan-African Ecobank’s flagship women’s programme ‘Ellevate’ aims to empower and support women-led and women-focused businesses with the financial and value-added solutions that will help their businesses reach their full potential and succeed.Six African fintechs emerge as finalists in the Ecobank Fintech Challenge 2022
The Grand Finale of the current Ecobank Fintech Challenge will take place in Lomé on 28 October, with a top prize of $50,000 for the winning contestant.Ecobank Group delivers strong performance during the first half of 2022 and increases Profit Before Tax by 24%
Key financial highlights Profit before Tax increases by 24% to $261 million Net revenues up 10% to $910 million Record return on tangible equity of 19.5% Earnings per share increases by 24% year-on-year Ecobank Group reports strong performance during the first half of 2022, with unaudited Profit bef…
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Agenda 2063: The Africa We Want
What is the Agenda 2063? Agenda 2063 encapsulates Africa’s Aspirations for the Future and identifies key Flagship Programmes that can boost Africa’s economic growth and development and lead to the rapid transformation of the continent. Scroll down to discover the key initiatives of Agenda 2063. Spot…In partnership with
For an integrated approach to the SDGs and Agenda 2063
Africa needs an integrated approach to implement its development agenda. The year 2016 marks a double transition period, from the Millennium Development Goals (MDGs) to the Sustainable Development Goals (SDGs) or Agenda 2030, and at the continental level, from the New Economic Partnership for Af…African Union to promote Agenda 2063 and campaign against Child Marriage during the Africa Cup of Nation Women Finals in Cameroon
A strong delegation from the African Union Commission (AUC) is expected to take active part at the 10th Africa Women Cup of Nations to be held in Yaoundé, capital city of Cameroon from 19th November to 3rd December 2016. The biennial International Football Championship organized by the Confeder…Agenda 2063: The Africa We Want
What is the Agenda 2063? Agenda 2063 encapsulates Africa’s Aspirations for the Future and identifies key Flagship Programmes that can boost Africa’s economic growth and development and lead to the rapid transformation of the continent. Scroll down to discover the key initiatives of Agenda 2063. Spot…