Nbr. 451, April 2018

Index

• AB-InBev expands on the continent.
• Chinese bank finances hydroelectric plant in Guinea.
• DRC introduces new mining code.
• ETHIOPIA SECURES WORLD BANK LOAN.
• Zambia opens up telecoms market.
• Zimbabwe recovers illicit funds.
• $15.8bn.
• $7.9bn.
• 20.
• 3000.
• 44.
• 50m [euro].
• 60 000%.
• 61.
• 8.9%.
• Barclays Kenya launches loan app.
• Brazil's Petrobras quits Nigeria.
• Egypt closer to securing megaproject finance.
• Nokia and Orange modernise network.
• Senegalese eurobonds in demand.
• SPOTIFY ENTERS AFRICAN MARKETS.
• A NEW ERA FOR SOUTH AFRICA? President Cyril Ramaphosa's moves toward economic reform have aroused optimism in the business community, but he faces strong challenges from both inside and outside the ANC.
• Nene returns to spearhead economic revival: The freshly reappointed South African finance minister talks to African Business about pursuing the tough but essential reforms that South Africa so desperately needs.
• Investors look to capitalise on the 'Cyril factor'.
• Zille leads Cape's fight against 'Day Zero': Cape Town risks running out of water due to drought, but the combative head of the provincial government is doing all she can to avert disaster.
• Defending Mandela's fragile legacy: The CEO of the Nelson Mandela Foundation tells African Business why the organisation felt impelled to call for the resignation of President Zuma and take a stand on its founder's principles.
• Meet the board: Eskom.
• Africa: Global mobile money leader.
• 'The edge of our company is innovation, to dream big': The founder and CEO of Unicon Development, Serge Pereira, talks to African Business about the factors that make it one of Africa's leading design and construction companies.
• Free trade for greater growth: The President of Niger has no doubt that Africa's Continental Free Trade Area will bring great benefits to his country and all those who choose to join it, as he tells African Business.
• How much does Trump care about Africa? Africa is not high on the priority list for the US president, but given his approach to foreign policy, such indifference may not be a bad thing.
• Supporting SMEs, promoting growth.
• Africa's new debt binge: What are the risks? Global investors are keen to buy the eurobonds being issued by African sovereigns, but could growing debts presage a return to the bad old days?
• Morocco leads 2018 Africa Investment Index.
• SAVING LAKE CHAD.
• Finding solutions to water shortages.
• 'Angola's success stories are overlooked': International investors are not sufficiently aware of Angola says financier and investor Alvaro Sobrinho, as he shares his plans to tap the country's unexploited tourist potential with African Business.
• Scrutining corporate governance is crucial in any investment: Alternative investors looking for projects that will deliver value cannot afford to ignore the governance structures of the businesses concerned.
• 'South Africa is too focused on Europe': South African business is missing big opportunities because of the blinkered way it turns its back on the rest of Africa, says leading businessman Mzi Khumalo.
• Is Africa really the world's unhappiest place? A UN report that places many African countries at the bottom of the global happiness scale should be treated with caution--but it may still provide some telling insights.