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What does 2019 hold for Africa?

In 2018, the Nigeria’s economy stuttered, foreign investors welcomed South African President Cyril Ramaphosa’s anti-corruption drive and budget discipline, and despite a rebound in oil prices, Angola’s economy continued to experience a slump, while Ethiopia’s new reformist prime minister Abiy Ahmed implemented a series of economic reforms aimed at attracting foreign investor as well.…

Kenya’s banks feel the pressure

Kenya’s finance minister, Henry Rotich, surprised the country’s banking industry in June 2018 when he announced as part of his budget that the government intended to scrap the interest rate caps imposed 22 months before.…

Zimbabwe businesses reacts to Mnangagwa win

Zimbabwe held its first ever election not featuring Robert Mugabe this week. The keenly contested election saw incumbent Emmerson Mnangagwa secure a narrow victory over his closest challenger Nelson Chamisa from the Movement for Democratic Change (MDC) alliance.…