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The Africa Confidential Blog

Displaying 1-10 out of 25 results.

  • 19th April 2017

WORLD BANK/IMF: African finance chiefs fly to Washington DC for tough summit

Patrick Smith

This week we have a whistle-stop tour of international meetings, negotiations and even court cases. We start with the spring meetings of the Bretton Woods institutions in Washington, and then on to South Africa, reeling from a ratings agency downgrade. Ou...

  • 13th April 2017

More credit lines needed now

Blue Lines

Among the most stubborn collateral damage wrought by the West's financial crisis of 2008 was the cutting of international credit lines to Africa. The initial rationale for severing the lines was knee-jerk and computational: if Western banks and ratings ag...

  • 10th April 2017

NIGERIA: Police raids, intercepts and careless whispers in latest twist in Shell and ENI's secret deal saga

Patrick Smith

This week we start in Milan, Italy, where the state prosecutor is to open preliminary hearings on two multinational oil companies accused of massive corporate fraud in Nigeria's oil industry. Then to Nairobi where a committee of the opposition alliance ha...

  • 3rd April 2017

SOUTH AFRICA: Close-run confidence vote looms after Zuma sacks Gordhan

Patrick Smith

Again, we start in the week in South Africa as the country and its politicians react to President Jacob Zuma's sacking of Finance Minister Pravin Gordhan. A different level of power play is going on in Abuja where the head of Nigeria's anti-corruption org...

  • 30th March 2017

The reversed revolution

Blue Lines

The verdict from the Tahrir Square generation that took to the streets in January 2011 to such dramatic effect was clear and concise. 'Mubarakis on the asphalt, the youths are in prison,' an activist known as 'Mohamed 303' tweeted on hearing the news that...

  • 27th March 2017

SOUTH AFRICA: Reshuffle could become reality as Zuma recalls Finance Minister from investment tour

Patrick Smith

We start in Pretoria, from where South Africa's Finance Minister Pravin Gordhan has just been summoned to return from London, sparking more speculation that President Jacob Zuma is about to sack him. And then to Zimbabwewhich is, despite the political ruc...

  • 20th March 2017

AFRICA/G-20 FINANCE MINISTERS: Germany's investment compact plan wins wider support

Patrick Smith

This week we start in the spa town of Baden-Baden, Germany, where the finance ministers of the world's 20 richest countries have been meeting. They spent part of their time discussing a set of investment deals in Africa. Then to Pretoria, the political ca...

  • 16th March 2017

Africa's food price woes

Blue Lines

The announcement this week by the United Nations that over 13 million people in Africa face starvation in what it calls the biggest humanitarian crisis since the Second World War is a reminder of continuing failures in food production across the continent...

  • 13th March 2017

NIGERIA: Buhari returns from sick leave to raging battles on economic policy

Patrick Smith

This week has more than its fair share of policy announcements as governments do battle with the effects of the sluggish global economy.  We start with the homecoming of President Muhammadu Buhari to Abuja via Kaduna air base and expectations that he will...

  • 6th March 2017

GHANA: New government's first budget wins praise as country marks 60 years of Independence

Patrick Smith

This week we start with a 60th birthday party – its Ghana's – just a few days after a sobering state of the nation address and budget in parliament in Accra. Then across the continent in Kenya, opposition protests about the credibility of preparations for...

Displaying 1-10 out of 25 results.