Way out of Nigeria’s economic quagmire
I was in government when Ngozi Okonjo-Iweala was crying in meeting after meeting, let’s save money. We need to save for the rainy rainy day. We said no. Some said this woman should not be in the country.
SMEs can expect light at the end of the tunnel
In the year ahead SMEs can expect better economic growth, inflation that will not be as severely impacted by rising food costs and an interest rate environment that will at worst not show dramatic increases in...
Former Zimbabwe VP’s party suffers defeat in first election
Mugabe has ruled the former British colony since independence in 1980. He turns 93 on Feb. 21 and has been confirmed as the ZANU-PF presidential candidate for the vote which is due in 2018.
Why Zimbabwe’s use of elephants to pay off old debt to China is problematic
A bizarre story has recently come out of Zimbabwe. Grace Mugabe, the politically powerful wife of the ageing president Robert Mugabe, has come up with a plan to settle a debt to China with 35 young elephants...
Risks to new oil deal - Kachikwu
A lot of things have gone wrong, and a lot of things could have been done better. We’ve lost many years of income that could have been applied to many sectors, so there’s a race against time.
Regional leaders fail to reach deal with Gambia’s Jammeh
Soldiers also seized the headquarters of the national elections commission and sealed it off just hours before the mediation delegation representing regional bloc ECOWAS touched down in the tiny riverside nation.
Burundi edges closer to abyss
Burundi is seen by many as alarmingly close to the edge of the abyss. Given the salience of such informal control mechanisms, this is hardly surprising.
Osinbajo hopes to seal $1 bn Eurobond sale by end of Q1
Nigeria hopes to conclude the sale of a $1 billion Eurobond by the end of the first quarter of 2017 and will seek to make its foreign exchange market more flexible, vice president Yemi Osinbajo said on Tuesday.