Blackstone-backed group strikes African oil pipeline deal



Black Rhino, the African infrastructure investor owned by US private equity group Blackstone, has made its first $300m investment in a strategically important fuel pipeline between Ethiopia and Djibouti. The deal, whi...


Official obstacles disrupt Nigeria’s Zuckerbergs


Two events in the indefatigable city of Lagos have given young entrepreneurs cause to swing between celebration and despair in a matter of days. The former came with Mark Zuckerberg's surprise appearance in the city d...


Angola oil overhaul tests ties with Trafigura


An overhaul of Angola's energy sector poses a test for Trafigura's close-knit relationship with the west African country, as the Opec member restricts spending and forges ties with rival trading houses during the prolong...


Visa plots Kenyan payments rival to Mpesa


Visa has partnered with four banks in Kenya to launch a mobile phone payments platform that will mount the first credible challenge to the country's dominant Mpesa system. The mVisa service allows people to send money...


A continent growing in fits and starts


The “Africa Rising” narrative gained momentum around 2010. As is the way with these things, it arrived about a decade late - and just as things were about to go pear-shaped. Investors, hungry for yield, alighted on t...


Editorial

Last week saw a series of events where the political bigwigs from the f...


Agenda

The cement industry in Ethiopia, although still largely untapped, is se...


Fineline

It is unusual for a federal agency to get estranged...


Commentary

Recently, the National Bank of Ethiopia (NBE) had announced the mandato...


Viewpoint

Neglected Tropical Diseases (NTDs) disproportionately affect women and...


Opinion

Until very recently, Turkey was a proudly democratic Middle Eastern cou...


View From Arada

We often underestimate the importance of time managiment. Especially in...


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