Archive for June 2021
Restoring investor confidence: Key priorities for Abiy’s new administration
Following a nine-month postponement, last week Ethiopia held its much-anticipated general election. Originally scheduled for August 2020, the Ethiopian government had suspended the poll, citing the challenges posed by the COVID-19 pandemic, a claim contested by opposition figures. While incumbent prime minister Abiy Ahmed boldly claimed that the election would be Ethiopia’s “first attempt at…
Read MoreEx-South Africa President Jacob Zuma ordered to serve 15-month prison sentence
South Africa’s Constitutional Court has sentenced former President Jacob Zuma to 15 months in prison for contempt of court. Zuma was found guilty by the country’s highest court after he defied its order to appear at a corruption inquiry centered on his time in power between 2009 and 2018.
Read MoreAhmed win good for mining in Ethiopia: analyst
A win for Ethiopia’s incumbent prime minister Abiy Ahmed in this week’s general election will be a good result for mining companies as his Prosperity party looks to the sector to revive the country’s battered economy, Piers Dawson, Associate Director at consultancy Africa Matters told Mining Journal.
Read MoreGhana’s sustainable bonds will help government finances more than environment
Ghana’s forthcoming sale of $1 billion in sustainable bonds is likely to succeed – but may deliver less in terms of ESG impact than lenders hope. The sale, planned for July, is billed as Africa’s first sale of “social debt”. Part of the money will be used to pay for educational and environmental projects. After…
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