Africa Business News

Africa Business News

By Africa Business RadioNews
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Africa Business News episodes

  • Sudan And Ethiopia Pledge To Push For Deal On Blue Nile Dam
    Ethiopia’s prime minister and Sudan’s leadership said on Tuesday they would make every effort to reach a deal on a giant hydropower dam on the Blue Nile that has caused a bitter dispute between Addis Ababa and Cairo over water supplies.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Kenya Extends Coronavirus Curfew as Cases Rise Outside Capital
    Kenya’s president extended a nationwide curfew for 30 days on Wednesday, saying coronavirus cases were rising in areas outside the capital. In a televised address, Uhuru Kenyatta also ordered bars and nightclubs shut for another 30 days - but increased the number of people allowed to attend weddings, funerals and other events. He said infections were slowing in Nairobi and the port and tourism hub of Mombasa.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • S.Africa Approves AngloGold's Harmony Sale But With Conditions
    South Africa’s mines ministry has given the green light for the sale of AngloGold Ashanti’s last remaining assets in the country to Harmony Gold on condition that it does not delist from the Johannesburg stock Exchange.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • South Africa Consumer Inflation Rises To 3.2% Y/Y In July
    South Africa’s headline consumer inflation quickened to 3.2% year-on-year in July from 2.2% in June, data from Statistics South Africa showed on Wednesday.
    On a month-on-month basis, the consumer price index was at 1.3% in July from 0.5% in the previous month.
    Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, was also 3.2% year-on-year in July compared with a rate of 3.0% in June. On a month-on-month basis core inflation rose, to 0.7% from 0.3% previously.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • EU Freezes Mali Training Missions After Coup
    The European Union has suspended its training missions in Mali after the military coup this month that removed President Ibrahim Boubacar Keita from power, EU officials said on Wednesday.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • CBN Urges Banks To ‘Support’ Media, Aviation Industries To Avert Growing Job Losses
    Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has advised Nigerian banks to support the media and aviation sectors through loan disbursements.
    This is in view of the lingering Coronavirus pandemic which has wrought major economic havoc across different sectors, leading to revenue declines and multiple job losses.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Banks to Take Over Electricity Bill Collections
    ­­­The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) providing bank guarantees to Nigeria Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) on behalf of the Electricity Distribution Companies (Discos) to take full responsibility for collections of the Discos’ bills.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • •CBN Moves to Unveil, Prosecute Companies for FX Abuse, Over-invoicing
    In a bid to give teeth to its new policy coup against over-invoicing and forex overpricing, the Central Bank of Nigeria (CBN) has begun moves to unveil and prosecute “buying companies” that had been engaged in the unwholesome practice, newsmen learnt yesterday.
    Its Economic Intelligence Unit and Nigerian Financial Intelligence Unit (NFIU), newsmen gathered, are working with Interpol and the Federal Bureau of Investigation (FBI) to uncover companies that had been engaged in the forex fraud.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Asian Stocks Boosted By Fresh U.S.-China Trade Hopes
    Asian stock markets were mostly higher on Tuesday after the U.S and China indicated progress in trade talks, and as hopes of new coronavirus treatments boosted broader sentiment among global investors.
    The upbeat sentiment in Asia on Tuesday followed reports that top U.S. and Chinese officials see progress in resolving concerns around the Phase 1 trade deal reached between the two countries in January.


    ---

    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Onshore Yuan's Daily Midpoint Fixing At 6.9183 Per Dollar On Tuesday
    The People's Bank of China had set the onshore yuan's daily midpoint fixing at 6.9183 per dollar on Tuesday, firmer than Monday's 6.9194.
    In China's interbank bond market, news of the call between U.S. and Chinese trade officials helped boost risk appetite, pushing treasury futures down sharply and boosting the yield on benchmark 10-year government bonds above 3%.

    ---

    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min

About Africa Business News

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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.