http://www.africanews.com/feed/rss?themes=businessReceive free and in real-time all news published by africanews.com, by subscribing to our RSS feeds.Mon, 25 Nov 2024 13:50:03 +0000http://www.africanews.com/2024/11/25/zimbabwe-seeks-debt-restructuring-to-unlock-funding-and-rebuild-economy/Zimbabwe's President Emmerson Mnangagwa hosted creditors and finance executives on Monday to discuss plans for clearing the country's $12.7 billion external debt and restructuring arrears.Mon, 25 Nov 2024 13:50:03 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/25/zimbabwe-seeks-debt-restructuring-to-unlock-funding-and-rebuild-economy/http://www.africanews.com/2024/11/22/imf-highlights-progress-in-egypts-reforms-and-global-economic-updates/The IMF highlighted signs of economic stabilization in Argentina following a year of contraction. Leaders are exploring new arrangements to address the country’s $44 billion loan with the Fund.Fri, 22 Nov 2024 16:31:39 +0000editorial@africanews.comhttp://www.africanews.com/2024/11/22/imf-highlights-progress-in-egypts-reforms-and-global-economic-updates/http://www.africanews.com/2024/11/21/kenya-cancels-airport-and-energy-deals-with-adani-group-after-the-us-indicts-the-tycoon/President William Ruto in a state of the nation address said the decision was made “based on new information provided by our investigative agencies and partner nations.”Thu, 21 Nov 2024 17:56:01 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/21/kenya-cancels-airport-and-energy-deals-with-adani-group-after-the-us-indicts-the-tycoon/http://www.africanews.com/2024/11/21/africas-hight-cost-of-climate-change-business-africa/Climate change-related weather events and conditions are placing disproportionate burdens and risks on Africa. Such events as droughts, floods and cyclones are increasing, leading to massive population displacement and considerable economic losses.Thu, 21 Nov 2024 14:12:10 +0000editorial@africanews.com (Yasmina El abbasy)http://www.africanews.com/2024/11/21/africas-hight-cost-of-climate-change-business-africa/http://www.africanews.com/2024/11/20/us-vetoes-un-resolution-demanding-a-cease-fire-in-gaza-for-4th-time/The council voted overwhelmingly in favor of the resolution — 14 of its 15 members voted “yes” including U.S. allies Britain and France — but it was doomed by the veto.Wed, 20 Nov 2024 21:55:45 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/20/us-vetoes-un-resolution-demanding-a-cease-fire-in-gaza-for-4th-time/http://www.africanews.com/2024/11/19/eu-pledges-96m-loan-to-cameroon-to-boost-infrastructure/The European Union pledged Tuesday to lend 91 million euros ($96 million) to Cameroon over the next three years to boost the West African country's infrastructure and attract foreign investment.Tue, 19 Nov 2024 21:03:04 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/19/eu-pledges-96m-loan-to-cameroon-to-boost-infrastructure/http://www.africanews.com/2024/11/19/brazil-hands-over-g20-presidency-to-south-africa/Brazil's President Luiz Inácio Lula da Silva closed the Group of 20 summit on Tuesday and handed over the presidency to South Africa.Tue, 19 Nov 2024 20:30:30 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/19/brazil-hands-over-g20-presidency-to-south-africa/http://www.africanews.com/2024/11/19/pro-palestinian-demonstrators-protest-in-rio-de-janeiro-as-g20-summit-unfolds/Protesters took to the streets of Rio de Janeiro, where the G20 summit is taking place, calling for an end to the war in Gaza and for the Brazilian government to sever ties with Israel.Tue, 19 Nov 2024 10:16:56 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/19/pro-palestinian-demonstrators-protest-in-rio-de-janeiro-as-g20-summit-unfolds/http://www.africanews.com/2024/11/19/climate-crisis-takes-centre-stage-at-g20-summit-in-brazil/On Tuesday, G20 leaders are expected to discuss sustainable development and the transition to cleaner energy.Tue, 19 Nov 2024 06:46:05 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/19/climate-crisis-takes-centre-stage-at-g20-summit-in-brazil/http://www.africanews.com/2024/11/18/world-leaders-gather-in-brazil-for-g20-summit-amid-global-tensions/The summit comes at a challenging time, with ongoing wars in Ukraine and the Middle East and the recent U.S. presidential election victory of Donald TrumpMon, 18 Nov 2024 17:07:14 +0000editorial@africanews.comhttp://www.africanews.com/2024/11/18/world-leaders-gather-in-brazil-for-g20-summit-amid-global-tensions/http://www.africanews.com/2024/11/17/activists-highlight-plight-of-worlds-hungry-ahead-of-g20-summit-in-brazil/The protest which was organized by the NGO Rio da Paz or Rio for Peace sought to draw the attention of the leaders of the world's richest nations on the scourge of hunger.Sun, 17 Nov 2024 10:45:03 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/17/activists-highlight-plight-of-worlds-hungry-ahead-of-g20-summit-in-brazil/http://www.africanews.com/2024/11/15/nigerias-inflation-rate-surges-as-food-prices-escalate/A report by the National Bureau of Statistics said food inflation reached 39.16% year-on-year in October from 37.77%. The jump was attributed to a steep rise in the prices of staples such as maize, rice and cooking oilFri, 15 Nov 2024 16:38:58 +0000editorial@africanews.comhttp://www.africanews.com/2024/11/15/nigerias-inflation-rate-surges-as-food-prices-escalate/http://www.africanews.com/2024/11/15/cop29-what-next-for-africas-energy-transition/Africa stands at a crossroad in the global energy transition. So how can the continent address its energy needs whilst navigating the climate crisis?Sat, 16 Nov 2024 07:12:02 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/15/cop29-what-next-for-africas-energy-transition/http://www.africanews.com/2024/11/15/turkey-offered-partner-status-by-brics-amid-bid-to-balance-east-west-ties/The offer comes after Turkish President Recep Tayyip Erdoğan attended a BRICS summit in Kazan, hosted by Russian President Vladimir Putin, underscoring Ankara’s aspirations for deeper engagement with the group.Fri, 15 Nov 2024 14:07:20 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/15/turkey-offered-partner-status-by-brics-amid-bid-to-balance-east-west-ties/http://www.africanews.com/2024/11/15/civil-society-takes-center-stage-at-brazils-g20-social-summit/The event is part of Brazil’s broader G20 agenda to promote sustainable development, green energy transitions, poverty eradication, and reduced inequality, setting a collaborative tone for the upcoming leaders’ summit in Rio.Fri, 15 Nov 2024 09:07:59 +0000editorial@africanews.com (Afolake Oyinloye)http://www.africanews.com/2024/11/15/civil-society-takes-center-stage-at-brazils-g20-social-summit/http://www.africanews.com/2024/11/14/new-era-of-sovereignty-in-malis-gold-sector-business-africa/This week, we explore the dynamic changes in Mali's mining sector, as the government strengthens its control over gold resources. We also look at Tanzania's ambitions to boost its mining industry and Zimbabwe's real estate market as a safe haven for investors.Thu, 14 Nov 2024 15:37:56 +0000editorial@africanews.com (Ndea Yoka)http://www.africanews.com/2024/11/14/new-era-of-sovereignty-in-malis-gold-sector-business-africa/http://www.africanews.com/2024/11/14/nigeria-signs-12-billion-deal-with-chinese-state-owned-company-to-revamp-key-gas-plant/Minister of State for Gas Ekperikpe Ekpo expressed optimism about the “significant investment,” stating that it would position the smelter “back on the path to becoming a leading aluminium producer for both domestic and international markets.”Thu, 14 Nov 2024 11:52:57 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/14/nigeria-signs-12-billion-deal-with-chinese-state-owned-company-to-revamp-key-gas-plant/http://www.africanews.com/2024/11/12/drc-on-a-mission-to-financing-the-worlds-largest-hydropower-dam/The Grand Inga project requires an estimated $80 billion in investments to produce 40,000 megawatts of electricity—enough not only to meet the demands of the DRC but also to support other African countries facing energy shortages.Tue, 12 Nov 2024 14:42:41 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/12/drc-on-a-mission-to-financing-the-worlds-largest-hydropower-dam/http://www.africanews.com/2024/11/08/un-agricultural-fund-calls-for-adaptation-financing-for-small-scale-farmers/Ahead of the COP29 climate change conference, IFAD says a proposed climate finance goal needs to prioritise the needs of small farms.Fri, 08 Nov 2024 11:35:28 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/08/un-agricultural-fund-calls-for-adaptation-financing-for-small-scale-farmers/http://www.africanews.com/2024/11/07/botswanas-new-government-races-to-diversify-its-economy-business-africa/With unemployment on the rise and a downturn in diamond demand, can Botswana's new administration succeed in driving economic diversification? In Ethiopia, despite efforts to reduce fuel dependence and pollution, electric vehicle owners face obstacles due to limited charging infrastructureThu, 07 Nov 2024 20:23:09 +0000editorial@africanews.com (Afolake Oyinloye)http://www.africanews.com/2024/11/07/botswanas-new-government-races-to-diversify-its-economy-business-africa/http://www.africanews.com/2024/11/01/benin-tapping-the-potential-of-luxury-tourism-business-africa/In this Business Africa episode, you'll get to meet the head of hotel's first 5-star hotel. Also on the program, funding cultural and creative industry and we'll look at how Morocco built an investor-friendly climate.Wed, 06 Nov 2024 17:05:14 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/11/01/benin-tapping-the-potential-of-luxury-tourism-business-africa/http://www.africanews.com/2024/10/31/south-africa-projects-wider-deficits-and-rising-debt-despite-improved-growth/The Treasury forecasted a 5.0% deficit for the fiscal year ending March 2025, up from the 4.5% expected, with next year’s deficit now estimated at 4.3% of GDP.Thu, 31 Oct 2024 06:33:19 +0000editorial@africanews.comhttp://www.africanews.com/2024/10/31/south-africa-projects-wider-deficits-and-rising-debt-despite-improved-growth/http://www.africanews.com/2024/10/30/kenyas-supreme-court-reinstates-2023-finance-law-after-appeals-court-nullification/The 2023 finance law, which included increased fuel taxes, a housing levy, and higher top income tax rates, triggered opposition-led protests and unrest, leading to over 60 deaths in June and July. In response, Ruto withdrew this year's bill, delaying an International Monetary Fund disbursementWed, 30 Oct 2024 06:21:05 +0000editorial@africanews.comhttp://www.africanews.com/2024/10/30/kenyas-supreme-court-reinstates-2023-finance-law-after-appeals-court-nullification/http://www.africanews.com/2024/10/28/financial-audit-forces-senegal-to-reassess-imf-program-strategy/The Minister of Finance, Cheikh Diba, announced during the annual IMF meetings in Washington that Senegal's program with the international institution needs to be revised following an audit that revealed a higher debt and budget deficit than previously reported.Mon, 28 Oct 2024 08:25:10 +0000editorial@africanews.com (Dominic Wabwireh)http://www.africanews.com/2024/10/28/financial-audit-forces-senegal-to-reassess-imf-program-strategy/http://www.africanews.com/2024/10/26/malaysia-ethiopia-agree-to-strengthen-bilateral-ties/Ethiopian prime minister Abiy Ahmed and his Malaysian counterpart Anwar Ibrahim held talks in Putrajaya on Saturday in which the two sides agreed to collaborate further in several sectors including agriculture, industry and trade, and investmentSat, 26 Oct 2024 13:39:15 +0000editorial@africanews.comhttp://www.africanews.com/2024/10/26/malaysia-ethiopia-agree-to-strengthen-bilateral-ties/http://www.africanews.com/2024/10/25/imf-outlook-for-sub-saharan-africa-is-improving-but-challenges-remain/In its latest report it says while the economic outlook in the region is improving, implementing reforms is increasingly difficult.Fri, 25 Oct 2024 11:17:33 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/25/imf-outlook-for-sub-saharan-africa-is-improving-but-challenges-remain/http://www.africanews.com/2024/10/24/egypts-economic-outlook-growth-expected-amidst-imf-reforms/Key forecasts show gradual recovery following austerity measuresThu, 24 Oct 2024 15:00:05 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/24/egypts-economic-outlook-growth-expected-amidst-imf-reforms/http://www.africanews.com/2024/10/24/putin-concludes-brics-summit-with-call-for-un-reform/Russian President Vladimir Putin led the final session of BRICS summit, advocating for reforms at the UN to increase the representation of Asian, African, and Latin American nations.Thu, 24 Oct 2024 13:38:26 +0000editorial@africanews.com (Dominic Wabwireh)http://www.africanews.com/2024/10/24/putin-concludes-brics-summit-with-call-for-un-reform/http://www.africanews.com/2024/10/24/africas-growing-role-in-brics-opportunities-and-challenges-business-africa/African nations tap into BRICS for trade and infrastructure development, while Zimbabwe's young population drives internet demand, with over 11.5 million users pushing SpaceX's Starlink to capacity in Harare, raising questions about affordability and competition.Thu, 24 Oct 2024 13:50:47 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/24/africas-growing-role-in-brics-opportunities-and-challenges-business-africa/http://www.africanews.com/2024/10/24/charges-dropped-binance-executive-freed-by-nigerian-court-decision/A Nigerian court ruled that Binance executive Tigran Gambaryan should be released after the government dismissed money laundering charges against him, enabling him to seek medical treatment overseas.Thu, 24 Oct 2024 08:13:41 +0000editorial@africanews.com (Dominic Wabwireh)http://www.africanews.com/2024/10/24/charges-dropped-binance-executive-freed-by-nigerian-court-decision/http://www.africanews.com/2024/10/24/ethiopian-prime-minister-abiy-meets-russian-president-putin-at-brics-summit/Ethiopia formally joined the group of emerging economies earlier this year. It is one of the newest members of the block.Thu, 24 Oct 2024 11:24:54 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/24/ethiopian-prime-minister-abiy-meets-russian-president-putin-at-brics-summit/http://www.africanews.com/2024/10/23/brics-african-leaders-call-for-reforms-of-international-institutions/African leaders attending the BRICS summit in Russia, spoke out on Wednesday about what they see as important issues on the international stage.Wed, 23 Oct 2024 17:38:20 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/23/brics-african-leaders-call-for-reforms-of-international-institutions/http://www.africanews.com/2024/10/23/economic-collaboration-putins-vision-for-brics-at-kazan-summit/At the BRICS summit in Kazan, Russian President Vladimir Putin discussed the economic potential within the member nations.Wed, 23 Oct 2024 16:09:55 +0000editorial@africanews.com (Dominic Wabwireh)http://www.africanews.com/2024/10/23/economic-collaboration-putins-vision-for-brics-at-kazan-summit/http://www.africanews.com/2024/10/23/egyptian-russian-leaders-agree-to-strengthen-ties-during-brics-summit/As El-Sissi stressed his desire to enhance cooperation; a feeling shared by Vladimir Putin on Tuesday (Oct. 21). Egypt is one of 5 nations which were invited to join the BRICS this year.Wed, 23 Oct 2024 11:04:07 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/23/egyptian-russian-leaders-agree-to-strengthen-ties-during-brics-summit/http://www.africanews.com/2024/10/23/caf-unveils-2022-2023-financial-report-projects-net-profit-next-year/Patrice Motsepe who was elected at the helm of CAF in 2021 hailed the body's reduction in losses. Officialy, the losses were reduced to $ 9.2 million from $ 28.9 million. CAF projects net profit in next financial year.Wed, 23 Oct 2024 06:00:39 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/23/caf-unveils-2022-2023-financial-report-projects-net-profit-next-year/http://www.africanews.com/2024/10/22/south-african-minister-of-international-relations-hails-ties-with-china-ahead-of-brics-sum/Ahead of the BRICS summit of emerging economies taking place in Russia, the South African Minister of International Relations hailed ties with China. Ronald Lamola described the relationship between the two nations as based on mutual trust. The BRICS summit will be running until October 24th.Wed, 23 Oct 2024 06:14:59 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/22/south-african-minister-of-international-relations-hails-ties-with-china-ahead-of-brics-sum/http://www.africanews.com/2024/10/22/vladimir-putin-holds-bilateral-talks-with-cyril-ramaphosa-on-sidelines-of-brics-summit/Russian president Vladimir Putin hosted bilateral talks with his South African counterpart, Cyril Ramaphosa, on Tuesday. These discussions were held on the sidelines of the BRICS summit, which kicked off on the same day. Both leaders hailed the relationship between the two nations.Wed, 23 Oct 2024 06:12:36 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/22/vladimir-putin-holds-bilateral-talks-with-cyril-ramaphosa-on-sidelines-of-brics-summit/http://www.africanews.com/2024/10/22/president-vladimir-putin-hosts-brics-meeting-in-russia-showing-west-that-moscow-is-not-iso/The leaders of China, South Africa and India arrived in Russia on Tuesday for the BRICS summit of emerging economies. The meeting will see president Vladimir Putin host more than 20 heads of state, in a move that defies expectations that the Ukraine war and sanctions would isolate Russia.Tue, 22 Oct 2024 13:40:03 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/22/president-vladimir-putin-hosts-brics-meeting-in-russia-showing-west-that-moscow-is-not-iso/http://www.africanews.com/2024/10/21/16th-brics-summit-a-test-of-moscows-influence-in-world-affairs/Russian President Vladimir Putin is set to host leaders for the 16th annual BRICS summit, on teusday aiming to demonstrate that Moscow remains engaged on the global stage showcasing BRICS coalition as a counterbalance to Western influence in international politics and trade.Mon, 21 Oct 2024 10:06:22 +0000editorial@africanews.com (Dominic Wabwireh)http://www.africanews.com/2024/10/21/16th-brics-summit-a-test-of-moscows-influence-in-world-affairs/http://www.africanews.com/2024/10/20/putin-says-brics-countries-will-drive-economic-growth-in-coming-years/He was speaking at the bloc’s business forum which comes ahead of the BRICS summit in the Russian city of Kazan from 22-24 October.Sun, 20 Oct 2024 09:48:56 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/20/putin-says-brics-countries-will-drive-economic-growth-in-coming-years/http://www.africanews.com/2024/10/20/global-south-experts-see-brics-expansion-as-positive/Experts from 40 think tanks were speaking at a Global South meeting ahead of the BRICS summit in Russia from 22-24 October.Sun, 20 Oct 2024 07:04:51 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/20/global-south-experts-see-brics-expansion-as-positive/http://www.africanews.com/2024/10/18/russias-putin-praises-economic-growth-of-brics-countries-says-they-are-exceeding-g7/Putin noted that the total GDP of the members of the BRICS association is more than 60 trillion dollars and that its total share in the world gross product "confidently exceeds" the corresponding indicators of the G7 group.Fri, 18 Oct 2024 13:57:02 +0000editorial@africanews.comhttp://www.africanews.com/2024/10/18/russias-putin-praises-economic-growth-of-brics-countries-says-they-are-exceeding-g7/http://www.africanews.com/2024/10/18/egypt-increases-fuel-prices-by-10-to-17/Egyptians have been grappling with soaring inflation as they navigate rising daily costs that reached another high over the summer including a previous 10% increase in fuel prices, a hike in subway fares and the local currency sliding against foreign currencies.Fri, 18 Oct 2024 13:04:23 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/18/egypt-increases-fuel-prices-by-10-to-17/http://www.africanews.com/2024/10/17/egypts-economy-hard-hit-by-gaza-war-business-africa/The Egyptian economy, already struggling for several years, has been severely impacted by the war in Gaza. The escalation of the conflict between Israel and its neighbors has become yet another obstacle to economic reforms and development in Egypt.Thu, 17 Oct 2024 15:30:32 +0000editorial@africanews.com (Yasmina El Abbasy)http://www.africanews.com/2024/10/17/egypts-economy-hard-hit-by-gaza-war-business-africa/http://www.africanews.com/2024/10/15/women-entrepreneurs-face-financing-hurdles-in-agriculture-fao-program-offers-solutions/Through initiatives like EWAT, women like Augustina and Asma are gaining the tools and knowledge needed to overcome structural barriers and expand their businesses in the agriculture sector.Tue, 15 Oct 2024 17:05:42 +0000editorial@africanews.comhttp://www.africanews.com/2024/10/15/women-entrepreneurs-face-financing-hurdles-in-agriculture-fao-program-offers-solutions/http://www.africanews.com/2024/10/14/world-bank-cuts-2024-growth-forecast-for-sub-saharan-africa-over-sudan/...the region’s recovery is slow, but inflation is going down in many countries.Mon, 14 Oct 2024 14:04:57 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/14/world-bank-cuts-2024-growth-forecast-for-sub-saharan-africa-over-sudan/http://www.africanews.com/2024/10/13/zambians-struggle-with-electricity-shortages-driven-by-drought/The water level is so low that only one of the six turbines on Zambia's side of the dam can operate, cutting generation to less than 10% of normal output. The most damaging impact is during the daylight hours when small businesses, the backbone of the country, struggle to operate.Sun, 13 Oct 2024 06:53:25 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/13/zambians-struggle-with-electricity-shortages-driven-by-drought/http://www.africanews.com/2024/10/12/ghana-catholic-church-takes-stand-against-illegal-mining-also-known-as-galamsey/The peaceful demonstration, aimed at raising awareness about the environmental damage caused by galamsey, culminated in the presentation of a petition to the presidency.Sun, 13 Oct 2024 06:03:07 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/12/ghana-catholic-church-takes-stand-against-illegal-mining-also-known-as-galamsey/http://www.africanews.com/2024/10/11/24-countries-leaders-to-come-to-brics-summit-in-russia-kremlin-says/Russian President's foreign affairs adviser Yuri Ushakov said Thursday that 24 leaders have confirmed their participation in a summit of the BRICS bloc of developing economies set to be held in Kazan later this month.Fri, 11 Oct 2024 19:00:04 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/11/24-countries-leaders-to-come-to-brics-summit-in-russia-kremlin-says/http://www.africanews.com/2024/10/11/the-economy-the-challenge-of-kais-saieds-second-term-business-africa/Despite signs of improvement, such as the inflation rate falling to 6.7%, the majority of Tunisians are still feeling the effects of a sluggish economy.Fri, 11 Oct 2024 11:51:44 +0000editorial@africanews.com (Rédaction Africanews)http://www.africanews.com/2024/10/11/the-economy-the-challenge-of-kais-saieds-second-term-business-africa/