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companies

Aliko Dangote, Nigerian billionaire, Africa’s first fortune

"Today is the economy" portrays Nigerian billionaire Aliko Dangote, founder and head of the conglomerate that bears his name and Africa's first fortune. He created his fortune in Nigeria but his dream goes beyond his country. Aliko Dangote: “We have a lot to do. We must liberate Africa economically from Africans. The only way we can thrive is for Africans to control their economies alone. The strangers will see what we do, then they will join us. Of course, we can not grow alone, but we have to lead. ” The core of…

The United States sanctions two companies of Russian Evgueni Prigozhin in CAR

The US Treasury Department last week announced new measures against Evgueni Prigozhin and his network in the Central African Republic. The Russian businessman, close to Vladimir Putin, is accused of interfering in the 2016 US election. He has since been on the US sanctions list. He is also accused of being the Kremlin's supervisor in Africa through his connections to the Wagner group of mercenaries. This time, the sanctions are aimed at three Russians and two companies involved in Prigozhin's operations in CAR. In a press…

South Africa: how to save public companies

As South Africa tries to emerge from the economic crisis caused by the pandemic, it is questioning the fate to be reserved for public companies. Many of them have suffered significant losses this year, despite having already had financial difficulties before the crisis. Now they are asking the government to save them, but the country's coffers are already less and less full. Before Parliament, the Ministry of Finance painted a very bleak picture at the beginning of the month: the country's public companies are…

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