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Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this southern African nation. Since the beginning of...

Nigeria’s economy exits recession with 0.11% growth in fourth quarter

Nigeria’s economy surprisingly came out of a recession in the fourth quarter, fuelled by growth in the agriculture and telecommunications industry that offset a...

DR Congo’s economy grew 0.8% in 2020 propelled by strong mineral activity

Democratic Republic of Congo’s economy thwarted a projected COVID-19 pandemic-induced recession in 2020 to grow 0.8% boosted by strong returns in the mining sector,...

Zambia’s central bank raises benchmark rate as it scales back projects to ease debt relief talks

Zambia’s central bank has increased its benchmark interest rate to 8.5% from 8%, marking the first such raise since November 2019.

Nigeria’s economic woes prolong as inflation rate continues to rise

Nigeria’s annual inflation rate jumped 0.72% to 16.47% in January from the previous month, marking a 17th monthly increase as the effects of the...

MTN Group projects 2020 earnings to double on the back of $1.67 billion divestment plan

South Africa’s largest mobile operator by subscribers – MTN Group – projects its 2020 earnings to almost double, powered by gains from the sale...

Angola requests Dutch court to hand over Dos Santos-linked $500 million assets

Angola’s government has formally asked a Dutch court to hand over a $500 million stake in the Portuguese oil company Galp linked...

Coca-Cola to sell $669 million stake in South African bottling unit

Coca-Cola will sell a stake in its South African bottling unit to local investors for $669 million, in order for the beverages firm to...

Latest news

What’s next for Africa’s struggling aviation sector?

On March 5th, 2020 this writer took a flight from Nairobi to Cairo. As usual, the airport in Kenya’s...
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Why diamond-rich Botswana must diversify its economy

As a duck is to water, the word “diamond” is synonymous with this southern African nation.

Kenya’s manufacturing hub raised hope for the flailing SMEs sector. So why did it fail?

When Joseph Gitile started his soap manufacturing business in 2017; he was exuberant and very optimistic that within a...

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LAUNCH: THE STATE OF AFRICA 2020 CONFERENCE

Mansa Media in partnership with Afrochampions Initiative...