Chief executive Officers of the largest African and international companies, political decision makers from more than 40 African countries and the most active bankers and investors on the continent are attending the the 5th edition of the Africa CEO Forum
Zimbabwe's central bank has printed half of the 'bond notes' quasi-currency it intends to issue under a $200 million scheme, a state newspaper reported on Friday, as the country grapples with a biting shortage of U.S. dollars.
The Kenyan unit of U.S. ride-hailing firm Uber Technologies Inc has increased its fare by 20 percent, a move that follows protests and strikes by Uber drivers who said a lower fare made their service uneconomical.
Nigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its other shareholders to recapitalise it instead, a source said.
At a popular Charismatic Church service in Accra, the capital of the West African nation Ghana, hundreds of worshipers gathered to pray. It’s a regular ritual as they seek spiritual solutions to their problems.
