Via The Africa Report, an article on Nigeria’s Dangote Group decision to revive long-stalled plans in Zimbabwe with a pipeline from Namibia and new plants, testing Harare’s claims of reform and transparency: Aliko Dangote, chair of Nigeria’s Dangote Group, has revived plans to invest in Zimbabwe after years of frustration over bribe demands and tight […]
Read more »Via The Africa Report, a look at where the World Bank sees the strongest growth in Africa: The World Bank has raised growth forecasts for 30 African economies, hailing the continent’s resilience to global shocks and urging a faster push on job creation. Between 2025 and 2050 Africa’s working-age population will expand by 625 million […]
Read more »Via The Africa Report, a look at – from Egypt’s sprawling New Administrative Capital to Kenya’s self-contained hub and Nigeria’s reclaimed lands – the companies shaping Africa’s future – and the enduring challenges of equitable growth: Africa’s fast-growing cities are defined by bold new projects, each aiming to address pressing urbanisation challenges. These developments, driven […]
Read more »Via Rest of World, a look at how the Chinese company behind 50% of Africa’s smartphone sales now wants to dominate its roads: Transsion, Africa’s smartphone leader, is rapidly expanding into the continent’s EV market. Africa’s EV market is estimated to reach $28 billion by 2030 from about $17 billion this year. Transsion has manufacturing […]
Read more »Via Semafor, a look at how Starlink is stitching together a pan-African strategy in small bytes: By the time Starlink, the satellite internet provider owned by billionaire Elon Musk’s Space X, bumped up its monthly subscription prices in Nigeria by nearly 50% last week, most observers had been expecting the hike. Nigeria’s regulators blocked Starlink’s […]
Read more »Via The Africa Report, a look at how a wave of multinational exits from Nigeria raises the stakes in the hunt for new emerging market investors: After a year that saw Guinness Nigeria swing to a loss of N18.16bn from a profit of N15.65bn in 2022, British drinks giant Diageo decided to offload its stake in the company in […]
Read more »