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July, 28, 2016

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Business > Africa
Elderly women risk lives crushing rock for money in Cameroon
MAROUA, Cameroon -- In a northern Cameroon town menaced by food insecurity and suicide bombers, women as old as 85 are spending long, grueling days crushing rocks into gravel to earn a living.
 
Nigeria's President Muhammadu Buhari on Thursday said the government was in talks with oil rebels whose attacks have hit production, as the head of the state-run energy firm laid bare damage to the sector.
 
With a history harking back to the apartheid era, South African media giant Naspers has evolved into the biggest company on the continent, with investments spanning the world.
 
The horrific slaughter of diners at a Dhaka cafe has fanned fears that surging Islamist violence may imperil the giant garment industry in Bangladesh, which built its economy on cheaply supplying fashion to the world's big-name brands.
 
South Africa's Competition Tribunal approved Thursday the blockbuster buyout of SABMiller by the world's top brewer AB InBev, subject to conditions, paving the way towards completion of the huge deal.
 
West Africa economies losing out to illegal fishing: report
"Catastrophic" levels of illegal fishing in west Africa are costing the region millions in lost revenue and hundreds of thousands of jobs, a development think tank said Wednesday.
 
Tunisia flaunts seaside security after massacre
Policemen on horseback amble among the sunbathers and new metal detectors dot hotel entrances in Tunisia as the North African country seeks to bring back tourists a year after a seaside massacre.
 
When 2016 rang in, Divin Lwamba, a street vendor with nine mouths to feed, says he was making up to US$300 a day selling samosas in Lubumbashi's main market.
 
Mobile phones and rising connectivity in Africa will give rise to a new market in mobile financial services, creating explosive opportunities for business on the continent, research has found.
 
Nigeria farmers displaced
This photo taken on Monday, June 20 shows a Nigerien woman and a boy collecting wood, crossing the path of a sheep flock by the river Komadougou Yobe near Diffa.
 
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