African markets and business updates
Latest headlines from African markets, companies, and business sources.
Explainer: China’s enduring chokepoint anxiety
Explainer: China’s enduring chokepoint anxiety
China’s maritime strategy has, for two decades, been shadowed by a single anxiety: that the country’s economic lifelines run through a handful of narrow waters it does not control. China’s maritime strategy has, for two decades, been shadowed by a single anxiety: that the country’s economic lifelines run through a handful of narrow waters it does not control. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register
Nigeria’s Data Boom comes with a growing infrastructure costs
Nigeria’s Data Boom comes with a growing infrastructure costs
Nigeria’s appetite for mobile internet is expanding rapidly, but beneath the rising volume of videos streamed, payments processed, businesses conducted, and services accessed online is a less visible requirement: more infrastructure.
Nigeria: Armed security deployed in Minna after deaths of miners
Nigeria: Armed security deployed in Minna after deaths of miners
Armed security personnel have been deployed in the Nigerian city of Minna, where demonstrators have been taking to the streets, a day after dozens suspected illegal gold miners died while in custody.
$500,000 payment to Atiku’s ex-wife raises ‘significant red flags’ in Mambilla dispute – ICC tribunal
$500,000 payment to Atiku’s ex-wife raises ‘significant red flags’ in Mambilla dispute – ICC tribunal
“I confirm that I made a transfer of $500,000 to the Abubakars through my company China Castle Investments Ltd in early 2003,” Mr Adesanya said in his fourth witness statement, according to the tribunal award.
DRC: OCHA helps with response endeavours amid ebola outbreak
DRC: OCHA helps with response endeavours amid ebola outbreak
The Ebola outbreak continues to spread in the Democratic Republic of the Congo, where the UN Office for the Coordination of Humanitarian Affairs, OCHA, is helping response endeavours through rapid and flexible funding.
Egypt / China: Top officials meet in Beijing on Friday
Egypt / China: Top officials meet in Beijing on Friday
In the Chinese capital, the country's top political advisor Wang Huning met with Speaker of the Egyptian Senate Essam El Din Ahmed Mohamed Farid on Friday.
Soludo promises compensation for residents affected by Nnobi demolition
Soludo promises compensation for residents affected by Nnobi demolition
The Anambra State Governor, Chukwuma Charles Soludo, has promised to compensate all persons whose residential buildings were demolished during the ongoing widening of Afor Nnobi roundabout in Idemili South LGA of the state.
President Boakai Strengthens Liberia–United States (U.S.) Relations During White House Engagement
President Boakai Strengthens Liberia–United States (U.S.) Relations During White House Engagement
The meeting centered on faith, leadership, and the historic friendship between the two countries. President Boakai emphasized the importance of partnerships that support Liberia’s peace, stability, and national development. “Liberia deeply values its historic relationship with the United States. We remain committed to strengthening this partnership for the benefit of our people,” President Boakai said. Dr. White-Cain said it was a tremendous honor to welcome President Boakai and his delegation to the White House.…
Port of Long Beach positions rail as key to future trade growth
Port of Long Beach positions rail as key to future trade growth
Port of Long Beach CEO Dr Noel Hacegaba used the port’s Supply Chain Insight media briefing to make the strategic case for rail infrastructure as the central enabler of the port’s long-term ambition to double annual cargo volumes to 20 million containers by 2050, with the Pier B On-Dock Rail Support Facility identified as the […] Port of Long Beach CEO Dr Noel Hacegaba used the port’s Supply Chain Insight media briefing to make the strategic case for rail infrastructure as the central enabler of the port’s long-term ambition to double annual cargo volumes to 20 million containers by 2050, with the Pier B On-Dock Rail Support Facility identified as the most critical ongoing investment in that direction.…
Eritrea: Various Activities in Connection with Golden Jubilee of Revolution School
Eritrea: Various Activities in Connection with Golden Jubilee of Revolution School
Various activities in connection with the Golden Jubilee of the establishment of Revolution School are being conducted in the Central Region. Mr. Asmerom Tsegabrhan, Director General of Culture and Sports in the region, said that three months of preparations had been carried out to colorfully commemorate the event in Asmara and its environs. The sub-zonal administrators and heads of education offices said that the establishment of Revolution School was a historic event that reflected the farsightedness of the EPLF and that the victory achieved despite the challenges encountered had laid the foundation for a bright future.…