Africa-news

Africa-news (598)

The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in the formal financial system.

Standard Bank Group, Africa’s biggest lender, is targeting annuity to expand in Nigeria as an imminent retirement boom presents opportunities to increase life insurance penetration in the continent’s most populous nation.

South Africa’s biggest healthcare retailer JSE-listed Clicks Group is continuing its expansion drive despite continuing Covid-19 pressure and the impact of the July unrest on its business.

Zambia published a full list of its 44 external creditors that shows the central government owes Chinese lenders more than one-third of its total US$13.4 billion of foreign-currency debt stock.

A Nigerian tax tribunal cleared MultiChoice, Africa’s biggest pay-TV provider, to appeal a disputed US$4.4 billion tax bill in the country, according to people familiar with the case.

The head of a local tourism body has called for authorities to scrap the requirement of a negative PCR test for fully vaccinated international travellers entering South Africa.

The National Treasury is set to start formal talks with institutional investors in a bid to unlock at least R2 trillion in sustainable finance, towards building a more climate resilient and lower carbon economy.

South African motorists could be hit by fuel price hikes of “catastrophic proportions” in November, the Automobile Association (AA) has warned.

Coca-Cola is seeking a value of R119 billion ($8.1 billion) for Coca-Cola Beverages Africa when it lists the bottler next year, according to people familiar with the matter.

Eskom Holdings is proposing a "highly concessional" financing plan to help build about R400 billion of energy infrastructure to help the power utility move away from the use of coal, according to company’s energy transition head.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries