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    African economy

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    • Friday, 29 September, 2023
      South African economy
      Departure of CEO adds to crisis at South Africa’s port and rail monopoly

      Transnet predicted to become ‘next Eskom’ as problems pile up at state transport group

      new
      Portia Derby,
    • Tuesday, 26 September, 2023
      Nigeria
      Nigeria’s Senate confirms new central bank governor amid currency rout

      Former Citi executive Olayemi Cardoso faces task of stabilising naira and settling $6.8bn foreign exchange obligations

      Naira banknotes
    • Wednesday, 20 September, 2023
      Mozambique
      Mozambique to seek $1.5bn in damages over ‘tuna bond’ scandal

      UK Supreme Court gives green light for lawsuit against Credit Suisse and Gulf-based shipbuilder Privinvest

      Traditional fishing boats sail with Maputo skyline in background
    • Wednesday, 20 September, 2023
      Vera Songwe
      A new Afro-Indian trade partnership is a huge opportunity for both

      Arriving at a formal agreement could have massively beneficial economic consequences

      Narendra Modi at the G20 summit in New Delhi. India and Africa, with their increasing incomes and population trends, could be significant markets in the green and digital future
    • Monday, 18 September, 2023
      Special ReportThe Future of Banking
      India points the way to digital access across Africa

      Bill Gates is among the supporters who say DPI is key to reducing poverty but critics warn civil liberties could be at risk

      An Indian woman getting her fingerprints read during the registration process for Aadhaar cards
    • Wednesday, 13 September, 2023
      Darlington Akogo
      Accra provides lessons on how to run an AI start-up

      Scepticism towards artificial intelligence is to be expected but young Africans increasingly realise that can be overcome

      Person looking at the monitor of a computer workstation
    • Tuesday, 12 September, 2023
      Sovereign bonds
      Ten lessons from Zambia’s (incomplete) restructuring 

      Unfortunately, they might not apply elsewhere though

    • Sunday, 10 September, 2023
      South Africa
      Deadly Johannesburg fire exposes post-apartheid South Africa’s systemic failures

      Slum dwelling where 77 people died reflects many of the things that have gone wrong in the country and wider region

      Workers lay bricks to barricade the windows of the building in Johannesburg where 77 died in a fire
    • Thursday, 7 September, 2023
      Climate change
      African leaders back global carbon tax to pay for green energy in poorer nations

      Climate summit calls for six-fold increase in renewable energy across the continent

      Delegates on stage at the Africa Climate Summit
    • Thursday, 7 September, 2023
      News in-depthAfrican politics
      Where is the next African coup?

      Emboldened generals are realising they are likely to face little effective resistance to putsch attempts

      Police in Geneva hold back people protesting against Cameroon’s president Paul Biya
    • Wednesday, 6 September, 2023
      Moral Money
      Inside the inaugural Africa Climate Summit Premium content

      Also in today’s newsletter, investment plans to wean Indonesia off coal fail to materialise

      Delegates of the Africa Climate Summit outside the venue in Nairobi
    • Tuesday, 5 September, 2023
      Vedanta Resources PLC
      Vedanta to take back ownership of Zambian copper mine

      Indian group to invest $1bn over 5 years to revive KCM after it struggled under state ownership

      A miner using a machine to excavate copper ore
    • Tuesday, 5 September, 2023
      Climate change
      Kenya’s president calls for African debt relief to fight climate change

      Appeal to reduce financial demands on indebted nations comes as Nairobi hosts first Africa Climate Summit

      Kenyan president William Ruto speaks at the first Africa Climate Summit in Nairobi on Monday
    • Monday, 4 September, 2023
      Zimbabwe
      Regional leaders absent as Mnangagwa sworn in as Zimbabwe president

      Observers of regional body SADC voice rare criticism of the election process

      Emmerson Mnangagwa inspects the guard of honour after being sworn in as Zimbabwe president during an inauguration ceremony in Harare on September 4 2023
    • Sunday, 3 September, 2023
      LexGabon
      Africa’s coup belt: business carries on as unusual Premium content

      Investors may be concerned that companies navigating choppy waters will sail close to the wind

      Residents in Libreville celebrate and hold a Gabon national flag aloft after a group of military officers announced on TV they were ‘putting an end to the current regime’
    • Sunday, 3 September, 2023
      Prudential PLC
      Africa the next ‘growth engine’ for Prudential, says new chief

      FTSE 100 insurer maps out expansion plans after walking away from US and European markets

    • Thursday, 31 August, 2023
      The FT ViewThe editorial board
      Africa’s contagious coups

      The continent’s democrats must be a bulwark against spreading military rule

      People in Akanda, Gabon, celebrate the military coup that toppled Ali Bongo. The best thing African democrats can do to prevent coups is to get their own houses in order
    • Sunday, 27 August, 2023
      News in-depthSafaricom Ltd
      Safaricom’s mobile money rollout in Ethiopia marks moment for ‘last frontier’

      Privatisation wave makes country of 120mn people a tempting target for digital services

      A Safaricom advert in Nairobi
    • Sunday, 27 August, 2023
      Oil & Gas industry
      Could Namibia be the next oil frontier?

      Shell and Total search for fields off coast of southern African nation that could make it world’s newest petrostate

      A drilling platform in Walvis Bay off Namibia in a sunset
    • Wednesday, 23 August, 2023
      Zimbabwe
      Mnangagwa’s presidency of Zimbabwe falls short of low bar set by Mugabe

      A worsening climate of fear and repression grips the country as the incumbent leader seeks a second term

      Montage of Emmerson Mnangagwa and Robert Mugabe
    • Tuesday, 22 August, 2023
      Nigeria
      UK authorities charge former Nigeria oil minister with bribery

      Diezani Alison-Madueke accused of taking kickbacks for awarding multimillion-dollar oil and gas contracts

      Former Nigerian oil minister Diezani Alison-Madueke speaks at an event
    • Sunday, 20 August, 2023
      InterviewEthiopia
      Ethiopia seeks help to find $20bn for post-conflict reconstruction

      Finance minister Ahmed Shide calls on international institutions and foreign investors to aid recovery from civil war

      A farming family in Tigray, Ethiopia
    • Tuesday, 15 August, 2023
      Godwin Emefiele
      Court date completes suspended Nigerian bank chief’s fall from grace

      Godwin Emefiele’s nine years in charge came to an abrupt end when new president Bola Tinubu took office

      Godwin Emefiele
    • Sunday, 13 August, 2023
      The Big Read
      Zambia’s plan to dig its way out of debt with a copper revival

      With its former mining capital in disrepair, the central African nation is seeking new investment to help reverse its past mistakes

    • Thursday, 3 August, 2023
      GSK PLC
      GSK to cease direct business in Nigeria amid economic pressure

      Drugmaker does not specify reason but forex shortage has put pressure on multinationals

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