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New African Magazine
Magazine de l’Afrique

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August / September 2015

August 5th 2015

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Africa

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Economy

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Economy

#UNGA: African leaders call for additional IMF SDRs for pandemic recovery

At the 76th Meeting of the United Nations General Assembly leaders from across the continent called for the mobilisation of further IMF Special Drawing Rights reserves to finance their economies post-Covid recovery.

By Shoshana Kedem
Economy

Changing a century’s worth of heritage to look towards the future of the Absa Group

Separation from Barclays PLC has allowed Absa to roll out a whole new brand reflecting its identity as an African bank. Marie Jamieson describes its rebranding journey
Economy

Ethiopia’s outlook turns sour as war rages on

As Tigrayan forces renew their offensive two weeks after the government declare a unilateral ceasefire, there is no end in sight for the war that is ravaging the country's economy.

By Tom Collins
Economy

Igbo apprenticeship system fuels Nigeria’s entrepreneurs

The Igbo apprenticeship system allows young people to learn a trade and start a business. Supporters vaunt it as a Nigerian model of stakeholder capitalism.

By Kelechukwu Iruoma

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Economy

Too little power in Nigeria, too much in Ghana

While much of Nigeria's new gas-fired capacity is unused because of gas supply problems, Ghana has not been able to absorb all of its new installed power capacity. Neil Ford reports
Economy

Covid-19 sparks digital banking rush in Nigeria

Many customers who previously avoided e-payment services are being converted following the Covid-19 induced lockdown. Michael Nwadike reports from Lagos

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