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Joe Bavier

UPDATE 2-Ghana sells 200,000 tonnes of cocoa with farmer premium

12 Nov 2019

* Ghana, Ivory Coast introduced $400 per tonne premium for farmers

Africa must quadruple power investment to supply electricity for all, IEA says

08 Nov 2019

JOHANNESBURG African countries will need to quadruple their rate of investment in their power sectors for the next two decades to bring reliable electricity to all Africans, an International Energy Agency (IEA) study published on Friday said.

African debt stabilising but region faces headwinds - IMF

18 Oct 2019

* Despite stabilisation, several states still debt distressed

Congo Republic president's adviser awarded oil licenses at heart of Eni probe

10 Oct 2019

JOHANNESBURG/MILAN A Congolese presidential advisor played a key role in awarding oil licenses now at the heart of a corruption probe by Italian authorities that has engulfed energy giant Eni SpA and the family of its chief executive.

Congo Republic president's adviser awarded oil licenses at heart of Eni probe

10 Oct 2019

JOHANNESBURG/MILAN A Congolese presidential advisor played a key role in awarding oil licenses now at the heart of a corruption probe by Italian authorities that has engulfed energy giant Eni SpA and the family of its chief executive.

Volkswagen gambles on ride-hailing to break through African roadblocks

26 Sep 2019

JOHANNESBURG/KIGALI When Volkswagen's Africa boss Thomas Schaefer set out to conquer the continent, he quickly realized he needed more than a flashy new product. He needed a new business model. | Video

South African defence firm RDM's turnover hurt by export headaches - CEO

04 Sep 2019

CAPE TOWN, Sept 4 Months of delays in export approvals will hurt Rheinmetall Denel Munition's (RDM) turnover this year and could force the South African defence firm to halt production this month, its chief executive told Reuters.

Ramaphosa is 'last hope' for South Africa, Chinese diplomat says

29 Jul 2019

JOHANNESBURG South African President Cyril Ramaphosa is the "last hope" for Africa's most advanced economy, but his government must turn incentive policies into laws to secure more Chinese investment, a senior Chinese diplomat told Reuters.

IMF approves Congo Republic bailout after China debt deal

11 Jul 2019

JOHANNESBURG The International Monetary Fund's (IMF) executive board approved a bailout worth nearly $449 million for OPEC member Congo Republic on Thursday, potentially setting a precedent for other nations struggling under the weight of large debts to China.

World News