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February 2016

African Business

January 27th 2016

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FEBRUARY 2016 ISSUE, OUT NOW: China has pledged billions in loans for Africa, but is the relationship moving beyond commodities?

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Economy
Ramaphosa won’t resign, says spokesman
The future of South African President Cyril Ramaphosa is hanging in the balance after an independent panel found preliminary evidence that he violated his oath of office as a result of the ‘Farmgate’ scandal.
By David Thomas
Economy
Zambia highlights key essentials to Africa’s development
Zambia says sustainable trade, infrastructure development, gender equality and empowerment, peace, health and education are among key prerequisites to the development of Africa.Zambia made the remarks at the just-concluded Africa-week joint debate on New Partnership for Africa’s Devel…
Economy
Digital technologies open vast business opportunities in Africa
Internet platforms could enable African countries to leapfrog to more efficient economic systems, but better policies are needed to support local digital enterprises.
By Addisu Lashitew
Economy
Africa’s first cannabis SPAC listing shows way forward for nascent industry in South Africa
Cilo Cybin Holdings hopes to raise R2bn ($115m) for the manufacturing of medicinal cannabis in an initial public offer (IPO) on the JSE.
By Dylan Cresswell

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Economy
African Development Bank ranks first on Global Aid Transparency Index
Publish What You Fund, the global campaign for aid and development transparency, has named the African Development Bank the most transparent organisation in the world. The Bank’s Sovereign Portfolio now ranks first out of 50 global development institutions in Publish What You Fund’s 2022 A…
Economy
Calls for reform of international system to better respond to crises
Africa was a victim of global events in which it had no part, said Vera Songwe, ECA Secretary General and UN Under Secretary General. Speaking at the opening session of the Council of Ministers 2022 meting in Dakar, she said the continent was fighting many wars – against climate change, against poor…

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