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Climate activists turn up heat on Standard Bank shareholder’s meeting

Standard Bank came under fire from activists over climate issues at its annual general meeting on Friday, though shareholders did not heed their calls...

Djibouti sovereign wealth fund targets $1.5 billion over the next decade

Djibouti’s government created a sovereign wealth fund, targeting contributions of $1.5 billion within a decade. The state-owned fund will target investments locally and neighboring countries...

2021 AFCON finals could be postponed

A postponement of January’s Africa Cup of Nations finals could be on the cards when the Confederation of African Football (CAF) meet next week...

Siemens supports maritime anti-corruption network in Nigeria

The Maritime Anti-Corruption Network (MACN)—a global business network of over 130 companies working together to tackle corruption in the maritime industry—is expanding its Collective...

South Africa’s economy to see worst performance in 90 years

South Africa’s economy is expected to decline by 7.2% this year, its worst performance in nearly 90 years, as the coronavirus pandemic takes a...

South Africa’s budget deficit to widen sharply, remain high after COVID-19

South Africa’s consolidated budget deficit is expected to widen markedly this year, a Reuters poll found, with its National Treasury struggling to squeeze it...

Nigerian pension funds see plunge in new accounts as jobs dry...

Nigeria’s pension fund managers have seen a sharp decline in the number of new retirement savings accounts as employers cut back on recruitment. Businesses, especially...

South African restaurants, salons to reopen amid virus surge

South Africa will ease lockdown rules for a third time since imposing them in March and allow a range of businesses including eat-in restaurants,...

Nigerian Central Bank to support farmers with $1.1 billion loan

Nigeria’s central bank said it will support farmers with a 432 billion naira ($1.1 billion) loan in the 2020 wet planting season to boost...

Amazon to add 3000 new jobs in South Africa

Amazon.com is hiring 3,000 people in South Africa this year to provide support to customers in North America and Europe, it said on Thursday. The...
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